June 2, 2025 11:37 am
Key Moments: United Airlines and JetBlue have forged a loyalty program alliance. JetBlue CEO Joanna Geraghty said the collaboration is not a step toward a merger. United Airlines’ pre-market stock price dropped by 1.45% to $78.29 on Monday. JetBlue shares also declined in value. JetBlue and United Enter Loyalty Deal, Merger Not on the Horizon […]
Read moreJune 2, 2025 10:14 am
Key Moments: Registrations of Tesla vehicles in Portugal dropped 68% in May year-over-year to 292 units. Overall EV sales in Portugal increased approximately 24% in the same period. The company’s performance also lagged behind in Sweden, where purchases of Tesla vehicles slumped by 53.7% compared to 2024. Tesla’s stock price slid 2.1% to $339.18 in […]
Read moreJune 2, 2025 8:32 am
Key Moments: Monday saw procure.ch and UBS disclose that the Swiss Purchasing Managers’ Index (PMI) had dropped to 42.1 in May, its lowest since December 2023. European stocks slid by over 0.5% shortly after markets opened on June 2nd. China and the US exchanged accusations over trade agreement violations, and Trump announced an additional 25% […]
Read moreMay 30, 2025 2:48 pm
Key Moments: GATX Corporation agreed to acquire about 105,000 railcars for $4.4 billion from Wells Fargo. The company will start with a 30% stake, with rights to increase its ownership to 100%. GATX’s stock rallied on Friday, climbing 10.06% to hit $161.21. Strategic Expansion Through Joint Venture New York-based GATX Corporation has announced a definitive […]
Read moreMay 30, 2025 2:16 pm
Key Moments: President Trump accused China of breaching its trade pact with the US on Friday. Trade talks between the US and China have reportedly stalled, according to Treasury Secretary Scott Bessent. US markets opened with losses, as the S&P 500 dropped 0.4% to 5,889.09, while the Dow shed over 100 basis points during early […]
Read moreMay 30, 2025 10:40 am
Key Moments: JPMorgan lifted ULTA Beauty’s price target from $477 to $525. ULTA reported a Q1 EPS of $6.70 and revenue of $2.85 billion, both exceeding expectations. The company’s shares rose by over 7% to $454 during pre-market hours. JPMorgan Sees Upside in ULTA’s Fundamentals Friday saw Christopher Horvers, Senior Analyst at JPMorgan, raise his […]
Read moreMay 30, 2025 9:43 am
Key Moments: Japanese equities recorded a historic $11.8 billion in outflows during the week ending May 28th. The Nikkei 225 index dropped 1.22% on Friday. Markets across Asia suffered declines, with the Hang Seng sliding by 1.2%, the KOSPI shedding almost 23 basis points, and the SSE Composite slipping 0.47%. Record-Level Equity Outflows in Japan […]
Read moreMay 30, 2025 7:28 am
Key Moments: US equities advanced Thursday, driven by Nvidia’s strong quarterly results. Friday’s futures contracts inched down as investors reacted to a federal appeals court ruling reinstating Trump’s tariffs. Nasdaq 100 e-minis dropped 0.3%, S&P 500 contracts fell 0.24%, and Dow futures edged 0.13% lower. Wall Street Rallies on Nvidia, Faces Reversal in Futures Major […]
Read moreMay 29, 2025 2:44 pm
Key Moments: ELF Beauty reported Q4 adjusted earnings of 78 cents per share, topping estimates. The company is set to acquire Hailey Bieber’s Rhode beauty brand for $1 billion. Shares jumped over 28% after Thursday’s opening bell. Quarterly Results Outperform Expectations ELF Beauty shares climbed sharply on Thursday after the company reported stronger-than-expected Q4 earnings […]
Read moreMay 29, 2025 1:16 pm
Key Moments: Best Buy reduced its FY 2026 comparable sales guidance, while the adjusted EPS forecast was cut to $6.15-$6.30. The company’s share price sank by around 3% during pre-market hours. Q1 same-store sales fell 0.7%, worse than the 0.6% decline analysts were expecting. Sales Outlook Lowered Amid Tariff Pressures Best Buy revised its full-year […]
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