Market News

The Financial Rollercoaster: KeyCorp Shares Plunge Over 5% Following Fourth-Quarter Report

KeyCorp shareholders were sent on a gut-wrenching financial rollercoaster Thursday as they watched shares plummet over 5% after the company’s distressing fourth-quarter financial report. ...

Impinj’s Prospects Brighten After Analyst Ups Price Target on RFID Expansion Impinj’s Prospects Brighten After Analyst Ups Price Target on RFID Expansion

Analyst’s Bright Outlook Needham analyst James Ricchiuti raised the price target of Impinj Inc (PI) to $115 from $85 while maintaining a Buy rating. ...

State Street’s Strategic Shift in Digital Assets Division State Street’s Strategic Shift in Digital Assets Division

yongyuan/iStock via Getty Images State Street Corp. (NYSE:STT) is in the midst of a significant realignment within its digital-assets unit. The reorganization, which includes ...

Positive Momentum for Crude Oil and Processa Pharmaceuticals Positive Momentum for Crude Oil and Processa Pharmaceuticals

U.S. stocks maintain momentum, with the Nasdaq Composite gaining over 1% on Thursday. The Dow traded down 0.02% to 37,257.79 while the NASDAQ rose ...

imaginima/E+ via Getty Images Earnings Expectations Oilfield services provider SLB (NYSE:SLB) is scheduled to announce Q4 earnings results on Friday, January 19th, before market ...

Nasdaq Surges as US Jobless Claims Plummet to 187,000 Nasdaq Surges as US Jobless Claims Plummet to 187,000

U.S. stocks are on a rollercoaster this morning, with the Nasdaq Composite riding high, gaining more than 100 points on Thursday. Following the market ...

Financial Woes Cloud Over Indian IT Giant Sify Technologies Financial Woes Cloud Over Indian IT Giant Sify Technologies

Sales Slump Leads to Share Price Drop Sify Technologies Ltd SIFY shares are trading lower after the company reported third-quarter sales results. Revenue Decline and Profit ...

Energy Markets Experience Significant Drop in Crude Inventory for Week Ending Jan. 12

sankai Commercial crude stocks for the week ended Jan. 12: 429.9M barrels Crude inventory change: -2.5M barrels vs. +1.3M barrels for the week ended ...

Fastenal Posts Upbeat Earnings, Joins NovoCure, Taiwan Semiconductor Manufacturing And Other Big Stocks Moving Higher On Thursday

U.S. stocks traded mixed, with the Dow Jones index falling around 50 points on Thursday. Shares of Fastenal Company FAST rose during Thursday’s session ...

Impending Rise in Default Rates for Lower Credit Rated Companies Impending Rise in Default Rates for Lower Credit Rated Companies

Olivier Le Moal Companies with low junk credit ratings are on a precarious path, as defaults surged globally in December, with further increases anticipated ...