The Brief
The federal government is enforcing a ban on Canadian motorcycle, dairy and alcohol imports that begins on Sept. 29.
Canada imposed its own counter-tariffs affecting $20 billion of United States goods.
In August,
» Read more about: US bans Canadian motorcycle, dairy, alcohol imports amid trade war »
On Sept. 4, Bloom Energy (BE +0.10%) closed at $252.87 per share, a 28% fall from its 52-week high of $351.28. That isn’t necessarily due to how the company has performed, but rather to the high expectations it has established. Bloom appears to be in an “Nvidia moment,” where it’s performed so well that it’s becoming increasingly difficult to impress the markets.
Palantir just posted what its CEO called an otherworldly quarter, yet the stock keeps sliding. The path to $250 exists, but it hinges on three specific conditions that could just as easily unravel.Quick ReadPLTR has surged 1,693% since its 2020 IPO, yet Q2 U.S. commercial revenue exploded 149% while shares sit 4% below their year-start price.Reaching $250 requires just 47% more upside and no multiple expansion,
With more than eight months in the books, it’s shaping up as another phenomenal year for investors. The Dow Jones Industrial Average (^DJI -0.77%), S&P 500 (^GSPC -0.48%), and Nasdaq Composite (^IXIC -0.64%) have managed to shake off several headwinds to rally 11%, 13%, and 14% this year, through the Labor Day weekend.But the stock market’s streak of fending off negative catalysts may soon come to an end.
» Read more about: The probability of an FOMC rate hike is rising »
US spot Bitcoin ETFs just snapped a three-week inflow streak, with investors pulling roughly $166.8 million across September 8 and 9. The move came as Bitcoin prices sat in the $78,000 to $79,000 range, a zone that apparently gave institutional allocators enough reason to trim rather than add.
The entire spot Bitcoin ETF complex has attracted approximately $55.45 billion in cumulative net inflows since the products launched in early 2024,
American Eagle Outfitters shares fell 11.87% in premarket trading after the retailer maintained its annual comparable-sales forecast and warned that gross margins in the current quarter could remain unchanged from a year earlier. Meanwhile, Apple shares rose 1.33% following the launch of its $1,999 folding iPhone, giving the technology giant a lift even as broader market sentiment remained cautious.
The European Central Bank (ECB) raised interest rates by a further quarter point (0.25 per cent) on Thursday as conflict in the Middle East stoked a fresh surge in energy prices.Policymakers also signalled they were ready to lift borrowing costs again if the inflation outlook does not improve.“The outlook remains highly uncertain, with risks to the upside for inflation and to the downside for economic growth,” they said,
A home loan is a long-term financial commitment, and the interest rate plays a major role in determining how much that commitment will cost over time. It affects both your EMI and the total interest payable across the tenure.Before you apply for a home loan, understanding how interest rates are determined, what influences the rate offered to you,
» Read more about: Home Loan Interest Rate: Key Factors To Consider Before You Apply »
US stock futures were largely subdued on Thursday, September 10, as investors awaited the August producer price index (PPI) for fresh clues on inflation and the outlook for interest rates. Futures tied to the S&P 500 were up 0.1%, while Dow Jones Industrial Average futures gained 99 points, or 0.2%. Nasdaq-100 futures were down 0.4%,
El Nino is strengthening rapidly, with more than a 90% chance of becoming a very strong event during the Northern Hemisphere fall and winter of 2026-27, reported Reuters citing the US Climate Prediction Center forecast from September 10.
The forecast also puts the odds of an unusually powerful El Nino at a historic level.