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US Consumer Confidence Hits 12-Year Low, Major Indices Hold, Dollar Index Drops 0.24%

March 25, 2025 3:49 pm
Key moments The U.S. Consumer Confidence Index experienced a sharp 7.2-point reduction to 92.9. U.S. stock indices remained resilient with modest gains. The U.S. dollar index fell by 0.24%. Tariff Tensions Contributed to the Decline in Consumer Confidence The economic landscape of the United States witnessed a significant decline in consumer confidence during March, as […] Read more

Disappointing Q1 Results Send KB Home Stock Down 6.6%

March 25, 2025 2:43 pm
Key moments KB Home’s stock price fell below $58 on Tuesday. Share prices plummeted after data from KB Home’s Q1 report showed disappointing results, including a 5% drop in revenue. EPS served as another figure that exerted pressure on share prices, as earnings fell to $1.49. KB Home Stock Tumbles 6.6% on Q1 Miss Leading […] Read more

DAX Surges 1.26%, STOXX 600 Up 0.96% Amid European Market Rally

March 25, 2025 1:17 pm
Key moments The DAX 40 index increased by 1.26% on Monday, reaching €23,140. STOXX Europe 600 also gained, rising by almost 1% to around €554. Promising figures tied to the German IFO Business Climate Index contributed to the positive market momentum. European Stocks See Strong Gains European equity markets experienced a significant upswing on Tuesday, […] Read more

AZEK Stock Soars 13.55% on $8.75B James Hardie Acquisition Deal

March 24, 2025 3:34 pm
Key moments AZEK’s stock surged 13.55% to $47. The price jump occurred after it was announced that the company would be acquired by James Hardie for $8.75 billion. The takeover’s cost failed to impress James Hardie’s investors, resulting in a stock price decline exceeding 14%. James Hardie’s $8.75B AZEK Deal Sparks Investor Skepticism The financial […] Read more

Easing Tariff Fears Fuel US Stock Futures Rally, Nasdaq 100 Futures Up 1.40%

March 24, 2025 12:18 pm
Key moments Dow futures rose 0.89% to nearly $42,670, while S&P 500 futures also increased (1.16% to $5,785). Nasdaq 100 futures led in terms of gains with a 1.40% increase, with figures reaching $20,240.75. Hopes of revised Trump tariffs were the primary catalyst of positive market sentiment. Market Optimism Grows, Reduced Tariff Expectations Propel Futures […] Read more

Tesla to Roll Out Smart Driving in China, Stock Jumps 3.80% to $258.15

March 24, 2025 10:46 am
Key moments On Monday, Tesla’s share price hit $258.15. Tesla’s announcement of its plan to release advanced driving-assistance capabilities in China, contingent on local approval of Tesla software, likely played a role in the surge in confidence. Analysts and market participants await Tesla’s first-quarter results, which will offer deeper insights into the company’s performance. Tesla […] Read more

Nasdaq and Dow Plunge Nearly 1% Amid Friday Sell-Off

March 21, 2025 2:59 pm
Key moments Friday saw U.S. stock indices decline, with the Dow Jones Industrial Average and the Nasdaq Composite dropping by almost 1%. The S&P 500 fell 0.68%. President Trump’s upcoming trade policies continue to weigh on market sentiment. Wall Street Wobbles, Major Indices Struggle as Potential Trade Tensions Grip Markets U.S. stock indices experienced a […] Read more

FedEx Lowers Earnings Forecast, Q3 Revenue Up, Freight Division Spin-Off Continues

March 21, 2025 2:19 pm
Key moments FedEx adjusts its fiscal year outlook, projecting revenue to be slightly down from the previous year and adjusted per-share earnings between $18 and $18.60. The company reports a fiscal third-quarter profit of $910 million, with revenue reaching $22.2 billion, though adjusted earnings per share of $4.51 fell short of analyst estimates. FedEx proceeds […] Read more

Darden Tests On-Demand Delivery with Uber, Sales Up 6.2% to $3.2B for Q3

March 21, 2025 1:11 pm
Key moments Ten Cheddar’s Scratch Kitchen restaurants are now part of an on-demand delivery pilot, initiated by Darden Restaurants and facilitated by Uber Technologies. Darden reports a 6.2% increase in total sales for the fiscal third quarter, amounting to $3.2 billion, driven by same-restaurant sales growth and strategic acquisitions. Darden revises its fiscal 2025 financial […] Read more