U.S. stocks are mixed as investors look to Fed's rate meeting
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StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Ford (F) avoids strike in Canada as UAW prepares to expand movement
September 20, 2023 10:37 AM EDTFord (NYSE: F) secured a last-minute agreement to prevent a strike at its Canadian facilities on Tuesday night, just as the United Auto Workers union was gearing up for the possibility of extending its strikes against the Detroit Three automakers in the United States.
Unifor, the union representing approximately 5,600 Canadian automotive workers, had issued a strike threat for... More
This car stock would benefit from the rising EU-China trade tensions - Bernstein
September 20, 2023 9:49 AM EDTEuropean automotive manufacturers greatly benefited when China opened its economic doors in the 1990s. They established business models that heavily depended on a well-functioning global trade system. However, the situation has now reversed, with Chinese automotive manufacturers actively pursuing entry into the European markets.
Chinese global automotive exports by volume grew by +88% during the first half of 2023, and +121% in value terms. Electric vehicles represented 23% of exports in 2022. Chinese-made... More
Nasdaq bearish positioning continues - Citi
September 19, 2023 8:22 AM EDTIn the equity markets positioning model note on Tuesday, Citi analyst Chris Montagu said net positioning across US equities is on the decline.
Montagu stated there was little change over the last week. Ongoing trends continue, with the S&P remaining near neutral and Nasdaq bearish positioning... More
Will the EU postpone Brexit tariffs on EVs?
September 18, 2023 1:45 PM EDTThe European Union is hesitant to grant Britain's request for a postponement of impending tariffs on electric vehicle sales, as indicated by the United Kingdom's automotive industry association on Monday. Despite this, car manufacturers maintain a positive outlook, believing that a delay in implementing these tariffs can still be negotiated.
As per the terms of the Brexit trade agreement, starting in January, the... More
