Electric vehicle (EV) manufacturer Rivian Automotive Inc. (NASDAQ: RIVN) has come under pressure from Wall Street, with Guggenheim downgrading the stock from “Buy” to “Neutral,” and removing its previous $16…
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Stock
Kenvue stock rises on CEO exit as company launches strategic review and warns of lower sales
by adminby adminKenvue, the Johnson & Johnson spinoff that owns brands such as Tylenol and Benadryl, announced Monday that Chief Executive Officer Thibaut Mongon has stepped down. Kenvue shares were up by…
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As the second-quarter earnings season kicks off, US equity markets are hovering near record highs, buoyed by optimism that many now hope will be validated by incoming corporate results. Yet…
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The S&P 500 Index and its top ETFs, like VOO and SPY will be in the spotlight this week as the market reacts to several notable events like macroeconomic data…
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President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers. Brazil, the largest U.S. supplier of green coffee beans, accounts for about a third of…
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As India’s market regulator, the Securities and Exchange Board of India (SEBI) banned the trading giant Jane Street Group from the local markets, which affected the Indian stock exchanges’ equity…
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Lloyds Banking Group is in advanced discussions to acquire Curve, the London-based fintech firm, in a deal that could be valued at up to £120 million, reported Sky News, citing…
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Business
White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation
by adminby adminPresident Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested he had misled Congress about a pricey and “ostentatious”…