Articles

Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices

Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.

Gold is giving you a once-in-a-generation buying opportunity on its way to 4,400

The upside breakout in gold prices has more room to run.

Cigna’s PBM Express Scripts sues the FTC, seeking retraction of drug-cost report

Cigna Group’s pharmacy benefit manager Express Scripts on Tuesday sued the U.S. Federal Trade Commission, alleging that the agency’s July report on the PBM industry was biased and defamatory and asking the court to order the FTC to withdraw the report.

Don’t let Intel’s stock pop fool you: ‘Things are likely to remain a struggle,’ analyst says

Despite some positive foundry developments, numerous analysts see challenges ahead for Intel as it tries to reclaim technological leadership

How the Fed’s rate decision could unravel a big bond-market recession bet

The stakes for investors are running high ahead of a historic rate cut expected from the Federal Reserve on Wednesday.

U.S. retail sales taper off, but still point to stable economy

Sales at U.S. retailers barely rose in August in another sign consumers have tightened their spending as unemployment rises and the economy slackens.

Corporate M&A activity expected to rise for the first time since 2021: EY

Artificial intelligence AI and lower interest rates will boost deals of $100 million or more after drops in 2023 and 2022, EY says.

Polestar’s stock rises as it maintains Nasdaq listing requirements

Polestar Automotive Holding’s stock was up about 1.7% in premarket trading on Tuesday after the electric-vehicle maker said it has satisfied requirements to remain on the Nasdaq.

Slowing housing market is hurting this plumbing and HVAC distributor’s stock

Ferguson Enterprises’ stock was headed for a fall Tuesday, after the plumbing, HVAC and appliance products distributor missed quarterly revenue expectations, citing “muted” residential end markets as housing activity weakened.

Fed rate-cut declares ‘mission accomplished’ on inflation — but is it too soon?

Yardeni: Consumers would welcome a large interest-rate cut, but the Fed’s first step should be small.

Oil prices steady as traders monitor demand outlook, await Fed decision

Oil futures were trading on either side of unchanged Tuesday morning after gaining three of the past four sessions, with traders looking for direction as they weighed concerns about the outlook for demand a day ahead of a Federal Reserve rate decision.

A Fed interest-rate cut could make small-cap stocks a good investment now

U.S. small-cap stocks have staged an epic rally over the past month as the Federal Reserve is set to cut interest rates for the first time since 2020. Has the time for small caps finally come?
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