Stocks traded lower on Tuesday, giving up an earlier gain, as a move higher in Treasury yields raised questions about the possibility of Federal Reserve rate cuts later this year. The Dow Jones Industrials gained 36.27 points to 42,742.83. The S&P 500 backpedaled 11.87 points to 5,963.51. The NASDAQ Composite tumbled 126.83 to 19,738.10. Shares…
Tuesday, January 7, 2025 10:22 AM EST – VERSES AI Inc. : Announced it has entered into securities purchase agreements with AI-focused institutional investors and certain existing investors of the Company for the purchase and sale of 12,738,854 units of the Company for aggregate proceeds of approximately CDN$20 million. Each Unit will consist of one…
Imran Chowdhury of Chingford pleaded not guilty to a charge of assisting an escaped prisoner.Imran Chowdhury of Chingford pleaded not guilty to a charge of assisting an escaped prisoner. BBC News
A day after the United States reported its first human death from avian flu, the UN World Health Organization (WHO) insisted on Tuesday that the risk to the wider population remains “low”. A day after the United States reported its first human death from avian flu, the UN World Health Organization (WHO) insisted on Tuesday that…
Ryan Specialty (NYSE: RYAN) shares gained Tuesday, as the leading international specialty insurance firm announced it has signed a definitive agreement to acquire Velocity Risk Underwriters, LLC from funds managed by Oaktree Capital Management, L.P. Based in Nashville, Velocity is a leading managing general underwriter providing first-party insurance coverage for catastrophe exposed properties and will…
Inflation across Europe rose for a third consecutive month in December to reach an annualized 2.4%, according to statistics agency Eurostat. The December reading was in line with the consensus forecasts of economists polled by the Reuters news agency and marked an increase from 2.2% in November. Core inflation remained unchanged at 2.7% for a…
Dell Technologies (DELL) may end its downtrend after the firm announced a marketing update. The desktop and laptop supplier will rebrand its products to embrace AI. Dell wants to rebrand its XPS, Latitude, and Precision models. It will replace them with the Dell, Dell Pro, and Dell Pro Max. For over a decade, consumers and…
Canadian stocks briefly rallied on news that Prime Minister Justin Trudeau has resigned. The Toronto Stock Exchange gained 0.1% before paring that increase and finishing the trading day down a slight 0.29% at 24,999.79, not far from the benchmark index’s all-time high. The Canadian dollar rose 0.5% to 1.4373 against the U.S. greenback on news…
On Monday, Axon Enterprise (AXON) fell by 5.05%. The stock struggled to sustain its breakout at above $600. AXON stock is consolidating to lower prices after returning 130.1% in the last year. Although it is not likely, sellers could test the 200-day simple moving average at around $400.00. In the third quarter, Axon grew its…
On Monday’s trading session, Nasdaq (QQQ) opened on strong relative volume. Although the technology-heavy index topped 20,000, it closed up by 1.24%, or at 19,865. The annual Computer Electronics Show (CES) in Las Vegas created a bullish sentiment. Traders may create enough momentum to erase last week’s losses. Nvidia (NVDA) gained 3.43%, setting up a…
