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U.S. Crude Oil Stockpiles Fall for Second Straight Week
WSJ· 2025-12-17 16:16
Commercial crude oil stocks fell by 1.3 million barrels to 424.4 million barrels last week as exports increased and refineries stepped up their capacity use, said the U.S. Energy Information Administration. ...
Gold Gains Over 1%; Nutanix Shares Fall After Q1 Results - Amber International (NASDAQ:AMBR), Ambarella (NASDAQ:AMBA)
Benzinga· 2025-11-26 17:16
Market Performance - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by over 350 points, closing at 47,466.81, a rise of 0.75% [1] - The NASDAQ rose by 0.93% to 23,240.04, and the S&P 500 gained 0.82% to 6,821.37 [1] - Information technology shares saw a significant increase of 1.5% [1] Sector Performance - Communication services stocks declined by 0.4% on the same trading day [2] Commodity Prices - U.S. crude oil inventories rose by 2.77 million barrels for the week ending Nov. 21, contrasting with market expectations of a 0.5 million-barrel decrease [3][11] - Oil prices increased by 0.1% to $58.01, while gold rose by 1.4% to $4,196.60 [5] - Silver prices surged by 4.3% to $53.135, and copper increased by 2.1% to $5.1955 [5] European Market Performance - European shares showed positive movement, with the eurozone's STOXX 600 rising by 1.12% [6] - Spain's IBEX 35 Index increased by 1.35%, London's FTSE 100 rose by 0.94%, Germany's DAX 40 gained 1.03%, and France's CAC 40 rose by 0.90% [6] Asian Market Performance - Asian markets closed mostly higher, with Japan's Nikkei gaining 1.85% and India's BSE Sensex increasing by 1.21% [7] Economic Indicators - U.S. durable goods orders increased by 0.5% month-over-month in September, following a revised 3.0% gain in August [8] - Initial jobless claims in the U.S. decreased by 6,000 to 216,000 for the week ending Nov. 22 [11] - The Chicago PMI fell to 36.3 in November from 43.8 in the previous month, below market expectations of 44.3 [11] Company-Specific Performance - Arrowhead Pharmaceuticals Inc shares surged by 19% to $55.90 after reporting better-than-expected quarterly results [9] - Amber International Holding Limited shares increased by 58% to $2.4901 following strong third-quarter sales and a $50 million buyback announcement [9] - Petco Health and Wellness Company Inc shares rose by 16% to $3.44 after exceeding third-quarter EPS expectations [9] - Nutanix Inc shares fell by 18% to $48.41 due to worse-than-expected first-quarter results and lowered FY26 sales guidance [9] - Ambarella Inc shares dropped by 15% to $77.13 following third-quarter results [9] - Zscaler Inc shares decreased by 10% to $261.36 after reporting first-quarter financial results [9]