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Market Update: Positive Momentum Across Indices, Commodities, Futures, and Macros

On Tuesday, the top gainers were Ulta Beauty Inc(+4.10%), followed by Walgreens Boots Alliance Inc (+3.78%) and VeirSign Inc (+3.49%). On the contrary, Dell Technologies Inc (-12.25%) and HO Inc (-11.36%) declined the most the same day.

Team Kalkine | 29 November 2024

Zurn Elkay (NYSE:ZWS) Projects Adjusted EBITDA Between USD 88-90M for Q42024

Zurn Elkay Water Solutions Corp (NYSE:ZWS)provides clean water solutions. The pure-play water management company has a market cap of USD 6.73bn.

Team Kalkine | 28 November 2024

Safe Bulkers’ (NYSE:SB) Q3FY24 Net Income Rises 77%, Declares USD 0.05 Cash Dividend

Safe Bulkers, Inc. (NYSE:SB)is a holding company with principal business including the acquisition, ownership and operation of drybulk vessels.

Team Kalkine | 27 November 2024

Trends in Indices, Commodities, and Macro Data

Despite the pullback in Futures, Wall Street had posted gains on Tuesday, driven by strong performance in technology stocks, with both the S&P 500 and the Dow Jones Industrial Average reaching new record closing highs. Trading volumes were expected to remain low on Wednesday, …

Team Kalkine | 27 November 2024

Stocks Rally & Commodities Surge

On Monday, the Dow rose 0.99% to a record high, while the S&P 500 and Nasdaq gained 0.3% and 0.27%, respectively, driven by optimism over Trump's Treasury Secretary nomination. However, in after-hours trading, Kohl's shares dropped over 3% after its CEO announced his resignation, …

Team Kalkine | 26 November 2024

Market Update: Stocks, Commodities, and Bitcoin Show Strong Gains Ahead of Holiday Week

After the market closed on Friday, President-elect Trump announced his intention to nominate Scott Bessent as Treasury Secretary to support his protectionist trade policies. Investors are focused on upcoming FOMC minutes, PCE inflation data, and other key economic indicators for future interest rate expectations. …

Team Kalkine | 25 November 2024

Progyny (NASDAQ: PGNY) Revises FY24 Revenue Guidance to USD 1.135B–USD 1.150B, Reflecting 4-6% Growth

Progyny, Inc. (NASDAQ: PGNY)is a US-based fertility services provider. It uses a preferred network to help families achieve positive results.

Team Kalkine | 22 November 2024

Market Overview: Stocks Rally & Commodities Surge has context menu

On Thursday, the Dow rose 1.06%, the S&P 500 gained 0.53%, and the Nasdaq edged up 0.03%, as investors favored cyclical stocks over technology. In after-hours trading, Gap surged 16% after beating earnings expectations and raising sales guidance, while Ross Stores rose 8% following …

Team Kalkine | 22 November 2024

Market Movements, Commodities, and Economic Trends

Nvidia's stock dropped over 2% in after-hours trading, as investors expected stronger results, while Snowflake surged 20% on better-than-expected earnings. On Wednesday, the Dow rose 0.32%, the S&P 500 was flat, and the Nasdaq fell 0.11%. Investors are now focused on Thursday's economic data, …

Team Kalkine | 21 November 2024

Market Snapshot: Commodities, Macro, Futures, and Indices

Focus is on Nvidia’s Blackwell AI chips, used by companies like OpenAI, Microsoft, and Meta for AI data centers. Nvidia's shares rose nearly 5% on Tuesday, boosting the Nasdaq by 1.04% and the S&P 500 by 0.4%. Meanwhile, the Dow fell 0.28%. Markets largely …

Team Kalkine | 20 November 2024
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