The Federal Reserve left the federal funds rate unchanged at 3.50% to 3.75% for a fifth consecutive meeting in July 2026, an outcome in line with broad market expectations even though investors had assigned roughly a one-in-three probability to a surprise rate hike heading …
More Americans are starting new businesses, but today's entrepreneurs are notably less likely to plan for hiring workers compared with prior years. According to a report from Bank of America Institute released this week, new business applications rose approximately 15% year over year as …
The yield on the US 10-year Treasury note edged up to 4.64% on Wednesday, holding onto earlier gains after the Federal Reserve left the federal funds rate unchanged, an outcome broadly in line with market expectations despite lingering uncertainty heading into the decision. Markets …
Today's session delivered an aggressive, broad-based rally across IT services, consumer hardware, and semiconductor names. Garmin (NYSE: GRMN) led the entire group with a nearly 20% gap higher on a decisive breakout, while ExlService Holdings (NASDAQ: EXLS) and Cognizant (NASDAQ: CTSH) both posted gains …
Today's session delivered a broad, decisive rally across the healthcare and medtech complex. IQVIA Holdings (NYSE: IQV) was the standout, surging nearly 14% on heavy volume to break out to fresh highs, while Becton Dickinson (NYSE: BDX), Smith & Nephew (NYSE: SNN), Zimmer Biomet …
Today's session brought a powerful, broad-based rally across an eclectic mix of industrials, aerospace, defense, and hardware names. Celestica (NYSE: CLS) led the group with a near-10% surge on heavy volume, while Zebra Technologies (NASDAQ: ZBRA) broke out to its best levels since last …
KLA Corporation (NASDAQ: KLAC) has recorded one of the steepest monthly declines in its history as a public company. Shares peaked at an all-time high near 307 dollars on June 30, following a ten for one stock split completed earlier that month. Within four …
Moonshot AI, the Beijing-based developer behind the Kimi assistant, has closed a financing round valuing the company at $35 billion on proceeds of $3.5 billion, well past its initial target of $1 billion to $2 billion. Talks are already underway for a further round …
Xcel Brands (NASDAQ:XELB) has spent the summer of 2026 signing new licensing deals for celebrity-fronted labels, from supermodel Coco Rocha's OFF/DUTY line to a Christie Brinkley home-decor collaboration. The micro-cap brand-management firm is betting that livestream shopping and social commerce can reignite growth. Yet …
BTC Digital Ltd. (NASDAQ:BTCT) is attempting one of the boldest reinventions in the small-cap crypto space: turning a struggling Bitcoin miner into an AI computing landlord. At last closing, the company closed a private placement that could deliver up to $28 million, earmarked for …