Nike stock price is nearing a make-or-break level: is it a buy?

Nike stock price has crashed to an important support level, and technicals suggest that it may drop further in the coming weeks or months. NKE has dropped in the last five consecutive weeks, reaching its lowest level since April 15 last year. It has dropped by nearly 70% from its highest point in 2021. Nike… Continue reading Nike stock price is nearing a make-or-break level: is it a buy?

Jefferies stock jumps on SMFG takeover report

Shares of Jefferies Financial Group surged on Tuesday after reports suggested Japan’s Sumitomo Mitsui Financial Group (SMFG) is exploring a potential takeover of the US investment bank, even as conflicting signals emerged over the likelihood of a deal. Takeover report lifts Jefferies shares Jefferies stock rose as much as 14% in premarket trading following a… Continue reading Jefferies stock jumps on SMFG takeover report

Dow Jones slips 300 points as Iran tensions, oil surge weigh on US stocks

US stocks opened lower on Tuesday as renewed uncertainty over the Middle East conflict dampened momentum from the previous session’s rally. Investors grew cautious despite US President Donald Trump’s decision to delay military strikes on Iran, with conflicting signals around diplomatic progress keeping markets on edge. Markets slip as geopolitical uncertainty returns The S&P 500… Continue reading Dow Jones slips 300 points as Iran tensions, oil surge weigh on US stocks

FedEx taps OneRail to take on Amazon in same-day delivery race

FedEx is stepping deeper into the fast delivery race with a new same-day shipping programme powered by last-mile logistics firm OneRail. The move, as reported by a CNBC exclusive, comes just days after Amazon revealed plans to introduce delivery windows as short as one to three hours across parts of the US. As retailers face… Continue reading FedEx taps OneRail to take on Amazon in same-day delivery race

Gold price at risk of crashing to $3,750 as GLD, IAU ETF outflows rise

Gold price retreated for ten consecutive days, entering a bear market after falling by over 20% from its all-time high. It dropped to $4,340 today, March 24, as crude oil prices rebounded and gold ETF outflows continued. This retreat may continue in the near term, potentially pushing prices toward $4,000. Crude oil prices are rising… Continue reading Gold price at risk of crashing to $3,750 as GLD, IAU ETF outflows rise

Goldman Sachs: market is dead wrong about these 2 new IPO stocks

The global investor sentiment has been anything but positive over the past some weeks. The war in the Middle East is impacting almost every nation, with investors rushing towards safe havens amid mounting losses and economies facing supply shocks. Fresh listings amid such conditions come with big risks. But, even before the latest escalation in… Continue reading Goldman Sachs: market is dead wrong about these 2 new IPO stocks

Anthropic adds computer control to Claude as agentic AI heats up

Anthropic has expanded its AI assistant Claude with new computer-use capabilities, allowing it to carry out tasks directly on a user’s device. The update signals a broader shift among AI firms towards building autonomous agents that can complete real-world actions beyond chat. Announced on Monday, the feature enables users to assign tasks remotely, including from… Continue reading Anthropic adds computer control to Claude as agentic AI heats up