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Gold prices surge on safe-haven demand amid trade tensions and geopolitical uncertainty, with potential for further gains driven by central bank buying and market volatility.
Published on: February 21, 2025, 08:00 PM UTC
Nissan stock surged on reports of a potential investment from Tesla. The Japanese automaker is looking for a strategic partner after its merger with Honda and Mitsubishi fell through. Tesla CEO Elon Musk has denied any interest in Nissan's factories, while former Tesla board member Hiro Mizuno has also denied involvement. However, analysts say that Nissan's excess capacity could be attractive to Tesla, which is looking to build cheaper EVs.
Published on: February 21, 2025, 07:01 PM UTC
Nissan shares surged after reports Tesla might invest. But Musk and a former Tesla board member have denied involvement. Analysts are skeptical, saying Tesla's unique manufacturing process may not fit Nissan's facilities.
Published on: February 21, 2025, 07:01 PM UTC
U.S. energy firms added oil and natural gas rigs for a fourth consecutive week, with the total count reaching 592, the highest since June.
Published on: February 21, 2025, 07:00 PM UTC
Oil Drops Below $71 as Technical Break Triggers Loss on Iraq Flows
Published on: February 21, 2025, 07:00 PM UTC
The "Magnificent Seven" tech stocks have had mixed results in 2025, with only Meta outperforming the S&P 500. Valuations for these stocks remain high, with Tesla trading at 121 times estimated forward earnings. Despite their popularity, experts advise diversification and caution due to uncertain future growth prospects.
Published on: February 21, 2025, 06:03 PM UTC
Major US stock indexes fell during afternoon trading on Friday, with the Dow Jones, S&P 500, and Nasdaq all losing ground despite earlier gains.
Published on: February 21, 2025, 06:03 PM UTC
Reddit (RDDT) stock has lost 19% since earnings, despite recovering traffic from Google Search. CEO Steve Huffman sold $70.5 million worth of shares, the largest sale to date. The FTC is investigating Reddit's policies, and the stock is still up 220% from six months ago.
Published on: February 21, 2025, 06:03 PM UTC
Rivian reports strong Q4 results with gross profit and improved EBITDA guidance, but stock dips. Despite positive results, Rivian faces headwinds and 2025 guidance implies negative year-over-year growth in deliveries.
Published on: February 21, 2025, 06:02 PM UTC
Consumer sentiment dimmed in February with inflation expectations jumping to 4.3% from 3.3%, and long-run expectations reaching the highest in 28 years. Consumers anticipate price increases due to concerns over tariffs and trade policies.
Published on: February 21, 2025, 06:02 PM UTC