Finance
Shares of fuel cell technology Plug Power (NASDAQ:PLUG) fell 7.6% in the afternoon session after the company announced a warrant inducement agreement to raise cash, sparking concerns about potential share dilution, and received a downgrade from an analyst. Plug Power entered into an agreement with an institutional investor for the immediate exercise of warrants to…
The stock market may have just hit another record high , but JPMorgan thinks betting against publicly traded companies such as Shake Shack and Snap could boost investor portfolios into the end of the year. U.S. stocks climbed Wednesday as investors awaited the release of minutes from the Federal Open Market Committee’s September meeting. The…
Two dozen eggs, a gallon of milk, 30 rolls of toilet paper — and one ounce of 24 karat gold. While that might be one of the more expensive grocery runs a Costco shopper might make, it is one that could realistically happen. Costco sells hundreds of millions of dollars’ worth of gold and silver…
US stocks marched higher on Wednesday as Wall Street returned to rally mode while investors digested the latest Federal Reserve minutes to provide hints to future policy amid a shutdown-driven dearth of data. The Dow Jones Industrial Average (^DJI) turned roughly 0.2% higher on the heels of a losing day for the major gauges. The…
Consumer stocks have been conspicuously absent from the market’s latest move to record highs. The S & P 500 is up 0.4% in October alone and touched a new intraday all-time high on Tuesday. But the consumer discretionary sector, as measured by the XLY ETF , isn’t doing as well. The XLY is down nearly…
Gold is having its hottest year in nearly half a century — since the global energy and inflation crises of 1979. DAVID GRAY/AFP via Getty Images/AFP hide caption toggle caption DAVID GRAY/AFP via Getty Images/AFP Gold has broken yet another record this week, illustrating just how anxious investors are about the health of the U.S….
The market remains focused on the developments as the U.S. government shutdown enters its second week. U.S. stocks edged higher in early trading on Wednesday. The S&P 500 opened 9 points higher, while the Dow Jones Industrial Average reversed earlier gains of 46 points and was recently down 60 points. The Nasdaq Composite rose 63…
2025-10-08T15:24:53Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Gold prices hit a…
New York — Gold is having a gangbusters year — and that’s typically a red flag about the state of affairs in the world. This week, gold blew past $4,000 an ounce, and some on Wall Street are betting the rally is just getting started. When investors pile in to gold, it’s not usually during…
Stocks have moved mostly higher during trading on Wednesday, largely offsetting the pullback seen in the previous session. The major averages have all moved to the upside, with the tech-heavy Nasdaq leading the way. In recent trading, the major averages have reached new highs for the session. The Nasdaq is up 178.73 points or 0.8…