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Market Recap: Trade Tensions, Stock Movements, and Economic Updates

Trump delayed tariffs on Mexican goods for a month, with Canada also receiving a 30-day suspension. Despite this, major stock indices closed lower on Monday, with the Dow down 0.28%, the S&P 500 losing 0.76%, and the Nasdaq dropping 1.2%. Investors now await key …

Team Kalkine | 04 February 2025

Scorpio Tankers (NYSE:STNG) Sees 58% Jump in Q3FY24 Net Income, Driven by Lower Operating Expenses

Scorpio Tankers Inc. (NYSE:STNG) is a Monaco-based company specializing in the transportation of refined petroleum products. It operates within the oil and maritime shipping sectors, focusing on the seaborne delivery of refined petroleum products to global markets.

Team Kalkine | 01 February 2025

Market Recap: Stocks Rise, Oil Gains, and Treasury Yields Rebound

US stocks rose Thursday, with the Dow up 0.38%, the S&P 500 gaining 0.53%, and the Nasdaq adding 0.25%. Despite volatility from AI concerns, all three major indexes are set to end the month higher. The Dow is up 5.5%, the S&P 500 3.2%, …

Team Kalkine | 31 January 2025

Daily Market Brief - Stocks, Commodities and Economic Insights

Wednesday's market wrap was marked by modest losses. The S&P 500 and Nasdaq each fell 0.5%, while the Dow dropped over 100 points. This came after the Federal Reserve announced its decision to keep interest rates unchanged, which was largely in line with expectations. …

Team Kalkine | 30 January 2025

Tech Rebound Drives Gains, Focus on Fed Decision, Tariff Concerns, & Earnings Reports

Tech stocks led a strong rebound on Tuesday, with the Nasdaq jumping 1.6% as Nvidia surged 8.8% after recovering from a major loss. Broadcom & Oracle also gained, while Apple & Microsoft advanced ahead of earnings. The S&P 500 rose 0.9%. Investors look ahead …

Team Kalkine | 29 January 2025

Market Recap: Tech Stocks Tumble, Fed Meeting in Sight

US stocks, particularly in the tech sector, plummeted on Monday, with chipmakers like Nvidia tumbling 16.8%, while Broadcom, Oracle, and Arista lost between 13.8% and 22.4%. The Nasdaq and S&P 500 closed down 2.8% and 1.3%, respectively, amid rising concerns over a new AI …

Team Kalkine | 28 January 2025

Qualcomm (NASDAQ:QCOM) Declares USD 0.85 Quarterly Dividend, Eyes Q1FY25 Revenue of USD 10.5B–11.3Bn

Qualcomm Incorporated (NASDAQ:QCOM)specializes in development and marketing essential technologies for the wireless sector, covering 3G, 4G, and 5G connectivity, as well as high-performance, energy-efficient computing, and on-device AI. As of January 21, 2025, Qualcomm's dividend yield stands at 2.03%.

Team Kalkine | 27 January 2025

Commodities, and Crypto React to Fed Policy, Trade Tensions, and AI Advancements

US stocks wrapped up the week with muted movements on Friday, holding onto gains as markets digested the latest earnings reports and policy signals from US President Trump! The S&P 500 remained flat, hovering near record highs, while the Nasdaq edged higher and the …

Team Kalkine | 27 January 2025

Record Breaker: S&P 500 Hits New High on Earnings Optimism

US stocks opened higher on Wednesday, building on this week's sharp gains! The S&P 500 is up 0.6%, testing its record high from November, while the Nasdaq 100 jumped 1% and the Dow rose 170 points.

Team Kalkine | 23 January 2025

Sirius XM (NASDAQ:SIRI) Revises FY24 Financial Outlook, Lowers Revenue Projections but Maintains EBITDA Forecast

Sirius XM Holdings Inc. (NASDAQ:SIRI)hold an audio business portfolio including SiriusXM, Pandora, podcasts, and Off-platform.

Team Kalkine | 22 January 2025
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