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Dow Falls Below 50-Day Average, Tests 52,800 Support as RSI Signals Oversold

The Dow Jones fell below its 50-day moving average and tested 52,800 support, with an oversold RSI and the 200-day average near 53,173 in focus.

Dow Falls Below 50-Day Average, Tests 52,800 Support as RSI Signals Oversold

The Dow Jones fell below its 50-day moving average and tested 52,800 support, with an oversold RSI and the 200-day average near 53,173 in focus.

Palo Alto Networks Beats Estimates as AI Fuels Security Demand

Palo Alto Networks topped fiscal fourth-quarter estimates on September 1 as AI-driven security demand lifted results and its stock nearly doubled this year

Stan Kroenke Buys MLB’s Los Angeles Angels, Ending Moreno’s 23-Year Run

Kroenke Sports and Entertainment announced Tuesday it will buy MLB's Los Angeles Angels from Arte Moreno, with the deal expected to close in early 2027.

Dell Surges 9% After Tripling AI Server Forecast, Backlog Hits $95 Billion

Dell shares jumped 9% on September 1 after raising its fiscal 2027 AI server forecast to triple, with order backlog reaching $95 billion.

SMIC Q1 Earnings Miss Estimates, Shares Drop Amid Production Challenges

Shares of Semiconductor Manufacturing International Corporation (SMIC), China’s largest contract chipmaker, dropped nearly 7% on Friday after its first-quarter earnings fell short of expectations....

Rivian Adjusts 2025 Targets Amid Tariffs, Surpasses Q1 Expectations

Rivian Automotive exceeded Wall Street expectations for the first quarter, yet it has adjusted its 2025 guidance for vehicle deliveries and capital expenditures due...

Banks Reluctant to Reverse Credit Card Fee Hikes After CFPB Rule Defeat

After a Consumer Financial Protection Bureau (CFPB) rule was overturned in federal court, banks have been hesitant to reverse the interest rate hikes and...

Disney’s Q2 Earnings Exceed Expectations, Fueled by Strong Disney+ Growth

Disney reported strong fiscal second-quarter earnings, surpassing Wall Street expectations, thanks to a surge in subscribers for its Disney+ streaming service. The company raised...

Used Vehicle Prices Surge Amid Tariff Concerns, Reaching New Heights

Used vehicle prices saw a significant surge last month, reaching their highest point since October 2023, as consumers rushed to purchase vehicles amid concerns...

Netflix Redesigns Homepage to Improve Search and User Experience

Netflix introduced a revamped homepage experience on Wednesday, aiming to make content discovery easier and more enjoyable for its members. The redesign focuses on...

Investors Sue UnitedHealthcare Over Misleading Earnings Outlook After CEO’s Death

A group of investors filed a class action lawsuit against UnitedHealthcare Group on Wednesday, alleging that the company misled them following the fatal shooting...

Serena Williams and Alexis Ohanian Teach Daughter the Value of Money

Serena Williams and Alexis Ohanian, despite their considerable wealth, are committed to teaching their 7-year-old daughter Olympia the value of hard work and financial...

U.S. Resumes Collections on Defaulted Student Loans, Affecting Borrowers

The U.S. Department of Education has resumed its efforts to collect on defaulted student loans, ending a five-year pause since the start of the...

China’s Exports Surge in April Despite U.S. Tariffs

China's exports saw a significant rise in April, increasing 8.1% from the previous year, according to official data. This surge came despite a sharp...

Bill Gates Pledges to Give Away Most of His Wealth, Closing Foundation by 2045

Bill Gates has announced plans to give away nearly all of his $168 billion fortune and close the Bill & Melinda Gates Foundation by...

Disney Announces New Theme Park Resort in Abu Dhabi

The Walt Disney Company has unveiled plans for a new theme park and resort in Abu Dhabi, marking its seventh global theme park destination....

U.S. Air Traffic Control Faces Renewed Scrutiny After Major System Outage

A brief but significant equipment failure on April 28 has once again highlighted the critical issues facing the U.S. air traffic control system, exposing...

Flutter Misses Q1 Earnings Expectations Amid NCAA Impact, Adjusts U.S. Guidance

Flutter, the global leader in sports betting and online gaming, reported weaker-than-expected financial results for the first quarter as customer-favorable outcomes during the NCAA...

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