Tag: algorithms

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US Stocks Open Little Changed After Big Week of Data and Earnings

US Stocks Flat as Investors Digest Tariff Plan, Retail Sales

Tightened US Sanctions Shake Global Oil Trade

US sanctions on Russia have disrupted discounted oil trade to China and India, boosting demand for Middle Eastern and African crudes, and driving up oil prices. Alternative suppliers like Brazil and Kazakhstan gain market share as Russian crude trade slows, impacting shipping markets and refinery operations.

Oil Prices Rise on Trade Optimism, Strong Demand

Oil prices rise on higher fuel demand, U.S. tariff delay

Sony Profit Outlook Boosted by PlayStation 5 Demand, Entertainment Growth

Shares of Sony Group Corp. jumped over 10% as the entertainment conglomerate raised its profit outlook on strong results from its PlayStation 5 and music businesses.

30-Year Mortgage Rates Dip Slightly Amid Volatile Bond Market

30-year mortgage rates dip slightly but remain near 6.9%, impacted by volatile bond markets and rising inflation.

Institutional Investors Return to Nvidia as Retail Investors Dump

Nvidia recovers as smart money nibbles, Palantir attracts retail investors despite insider selling

Gold Pierces Record in Sight as Dollar Sinks on Ukraine Optimism

Gold climbs towards another record as the dollar falls, with traders assessing America's push to end the Ukraine war and President Donald Trump's moves on trade.

LXP Industrial Trust Reports Q4 FFO of 16 Cents Per Share

LXP Industrial Trust reports fourth-quarter funds from operations of $47 million, or 16 cents per share. For the year, the company reported funds from operations of $189.4 million and revenue of $358.5 million.

Egg Prices Hit Record High, Grocers Try to Keep Shoppers Happy

Egg prices are soaring, reaching record highs. Despite this, grocery stores are absorbing some of the costs to avoid passing on the full increase to consumers. They are employing strategies such as reducing discounts, implementing loyalty programs, and limiting purchases to maintain market share and customer loyalty. The avian flu outbreak has significantly impacted egg production, with over 158 million birds affected, leading to supply shortages and further price increases.

Prudential Hires Citigroup for Potential India Unit IPO

Prudential Plc mulls IPO of Indian unit ICICI Prudential Asset Management, hires Citigroup as advisor; deal could raise $1 billion.