Workflow
amana Raises the Bar with 24/5 Trading on U.S. Stock & ETF Derivatives
Globenewswire· 2025-09-16 12:25
DUBAI, United Arab Emirates, Sept. 16, 2025 (GLOBE NEWSWIRE) -- amana, MENA’s leading neobroker, has announced the launch of 24/5 trading on U.S. equity and ETF derivatives, further expanding its comprehensive offering and raising the bar for active traders across the region. For years, active traders in MENA have faced a familiar frustration—waiting for U.S. markets to open to react to news, earnings, or price swings. With amana’s new 24/5 feature, that wait is over. Traders can now access the world’s most ...
Lisa Eden Appointed to Chesapeake Utilities Corporation Board of Directors
Prnewswire· 2025-09-16 12:23
Core Insights - Chesapeake Utilities Corporation appointed Lisa Eden to its Board of Directors effective September 15, 2025, bringing extensive energy industry experience from her previous role as senior vice president and CFO at TXNM Energy, Inc. [1][2] Group 1: Board Appointment - Lisa Eden's appointment is expected to enhance the Board's collective expertise, particularly in financial acumen and energy sector insights, which will support Chesapeake Utilities' strategic oversight [2][3] - Ms. Eden has over two decades of experience in various executive roles at TXNM Energy, including vice president and treasurer, and has developed expertise in corporate finance, capital markets, and strategic planning [2][3] Group 2: Company Strategy and Vision - Ms. Eden expressed enthusiasm about contributing to Chesapeake Utilities, highlighting the company's strong performance history and commitment to community service [3] - The Board, including chair Jeff Householder, emphasized that Ms. Eden's extensive experience will strengthen the company's ability to deliver energy solutions and drive long-term value for stakeholders [3] Group 3: Company Overview - Chesapeake Utilities Corporation is a diversified energy delivery company listed on the NYSE (CPK), offering sustainable energy solutions through various services including natural gas transmission and distribution, electricity generation, and propane gas distribution [4]
Robert Redford, screen idol turned director and activist, dies at 89, New York Times reports
Reuters· 2025-09-16 12:23
Group 1 - Robert Redford, a prominent figure in Hollywood, passed away at the age of 89 [1] - He was known for his roles as an actor, director, and producer, significantly impacting independent cinema through the Sundance Institute [1] - Redford's contributions to the film industry have made him an influential supporter of independent films [1]
Tesla CEO Elon Musk Says He's 'Burning The Midnight Oil'; China Registrations Lag
Investors· 2025-09-16 12:21
Group 1 - Tesla CEO Elon Musk has refocused on the company after making a $1 billion stock purchase [1] - China vehicle insurance registrations are lagging behind last year, with only a slight increase in new Model Ys reported last week [1] - Tesla stock has surged, reaching its highest level since January, following Musk's disclosure of multiple stock purchases [4] Group 2 - Nvidia, Shopify, and Uber are currently in buy zones as indicated by recent market analysis [2][4] - The Dow Jones Index has rallied above 46,000, with Tesla and Blackstone hitting new buy points [4] - The upcoming Federal Reserve meeting is a focal point for market participants, with major companies like FedEx, Lennar, and Meta scheduled for announcements [4]
Clearbridge Small Cap Strategy Believes in AGCO Corporation’s (AGCO) Overseas Sales Expansion
Yahoo Finance· 2025-09-16 12:20
ClearBridge Investments, an investment management company, released its “ClearBridge Small Cap Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The small-cap stocks experienced volatility in the second quarter. The Russell 2000 Index rebounded 10% of its November 2024 record highs just 55 days after the “Liberation Day” decline. It was driven by growth, momentum, high-beta, and low-quality stocks. Even though small-cap stocks rose, they failed to outpace the larger ...
Thyssenkrupp receives non-binding bid for steel unit from India's Jindal Steel
Reuters· 2025-09-16 12:20
Group 1 - Thyssenkrupp has received a non-binding bid for its steel division from India's Jinal Steel [1]
Where Will Upstart Be in 5 Years?
Yahoo Finance· 2025-09-16 12:20
Key Points Upstart shares have had a terrific 12 months, as investors have become more confident. Revenue increased 84% through the first six months of 2025, with loan volumes more than doubling. Shares currently price in huge expectations about the future. 10 stocks we like better than Upstart › When figuring out ways to invest in the artificial intelligence (AI) trend, you might think that the only way to go is to look at the "Magnificent Seven" businesses. However, some smaller companies, like ...
Stocks rally on Fed interest rate cut hopes as 'jobless expansion' takes hold
Yahoo Finance· 2025-09-16 12:19
Market Overview - The S&P 500 closed at a record high of 6,615, with expectations that the Federal Reserve will begin cutting interest rates soon, prompting analysts to raise year-end forecasts [1] - Some analysts predict the index could surpass 7,000 before December, indicating a potential 6% rise over the next 76 days, which is considered a bullish outlook despite the current record levels [2] Labor Market Impact - Recent labor market reports, including a disappointing August report with only 22,000 new jobs and a revision that removed nearly one million jobs from previous estimates, have shifted investor sentiment towards expecting multiple interest rate cuts [2] - The current labor market conditions, characterized by slower wage growth, are seen as beneficial for corporate profits, with Goldman Sachs noting that a cooling labor market can enhance profit margins [3] Technology Sector Influence - Technology stocks, particularly Nvidia and Tesla, are leading the market rally, driven by optimism surrounding AI and its potential to boost future earnings for tech companies [4] - The anticipated Fed rate cuts are making tech companies' future earnings appear more attractive, with expectations of lower labor costs contributing to this positive outlook [4] Market Sentiment - Wall Street is currently experiencing a period of exuberance, with rising stock prices and analysts increasing their targets, as investors react positively to weak job reports, viewing them as indicators of impending cheaper capital [6] - The sustainability of this bullish sentiment remains uncertain, particularly if unemployment continues to rise [6]
Verizon CFO on turning AI into a revenue source to drive future growth
Fortune· 2025-09-16 12:19
Good morning. Verizon sees AI not just as a tool to boost efficiency but as a potential new revenue engine.I recently spoke with Verizon CFO Tony Skiadas, who discussed how the company is working to repurpose parts of its wireline network to support AI workloads and what that could mean for Verizon’s future.Reimagining wireline for AISkiadas explained that Verizon (No. 30 on the Fortune 500) is testing ways to leverage its existing central offices—facilities largely freed up as copper networks are replaced ...
US online holiday sales to slow as shoppers tighten budgets, Salesforce forecasts
Reuters· 2025-09-16 12:19
Core Insights - U.S. online sales growth during the 2025 holiday season is projected to decelerate compared to the previous year due to price-sensitive consumers being selective with their expenditures amid increasing living costs [1] Group 1 - The anticipated slowdown in online sales growth reflects changing consumer behavior influenced by economic factors [1] - Shoppers are expected to be more discerning in their spending habits, prioritizing essential purchases over discretionary items [1] - Rising living costs are a significant factor contributing to the cautious approach of consumers during the holiday season [1]