US equities on Wall Street continued to face selling pressure for the fourth day in a row as investor sentiment remained risk-off ahead of important events over the next two days.
The Dow Jones fell 500 points on Tuesday, taking the four-day losing streak to over 2,200 points. This is after the index recovered 200 points from the lows of the day.
US stock futures inched higher overnight Tuesday, as Wall Street looks to steady after another tech-led selloff ahead of a closely watched earnings update from Nvidia (NVDA) that will set the tone for the next leg of the AI trade.
Dow Jones Industrial Average futures (YM=F) inched up about 0.2%,
The legendary investor is trimming down his largest stockholding.
The best investment ever for Berkshire Hathaway (BRK.B +0.22%) (BRK.A +0.02%) and Warren Buffett — from a total dollar amount — has been Apple (AAPL +0.02%).
» Read more about: Warren Buffett Keeps Selling His Apple Stock: Should You? »
Rajiv Jain-led GQG Partners, one of the biggest investors in the Adani Group after the Hindenburg episode, has increased its holdings in five group companies through a series of block deals.
The fund raised its stakes in Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Green Energy, Adani Energy Solutions and Adani Power.
» Read more about: Rajiv Jain's GQG Partners ups stake in five Adani stocks; details here »
Mahanagar Gas has successfully restored the damaged gas pipeline at the RCF Trombay facility. In a recent social media post, the company said its CNG supply to MGL’s City Gate Station (CGS) has been restored. The disruption had affected areas like Mumbai, Thane, and Navi Mumbai.
Adani Energy Solutions Ltd has received a Letter of Intent (LOI) from PFC Consulting Limited for the establishment of “Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-V (8GW): Part C” through the Tariff Based Competitive Bidding Process (TBCB).
» Read more about: Why these 4 energy stocks will be in focus on Wednesday? »
WASHINGTON (TNND) — The Federal Reserve signaled this week that aspiring home buyers expecting more interest-rate relief may have to keep waiting. And that delay is exposing a deeper problem in the housing market: hundreds of thousands of Americans who bought newly built homes over the last few years are already underwater on their mortgages.
Crude oil prices will rise through the back half of the 2020s while natural gas (NG=F) prices will fall, Goldman Sachs analysts said in a duo of notes released yesterday and today outlining the bank’s long-term view on the energy products.
The market is in near-total consensus that oil is headed for a major supply glut in 2026,
[NEW YORK] US stocks ended lower on Tuesday, with the S&P 500 putting in a fourth day of losses as valuation worries hit big technology-related shares and a disappointing forecast pressured Home Depot.
Quarterly results from artificial intelligence and market leader Nvidia are due after the bell on Wednesday.
The US earnings season is near its end,