Shares of social media management platform Sprout Social (NASDAQ:SPT) jumped 2.8% in the afternoon session after Needham reiterated its Buy rating on the stock, highlighting the company's new integration with design platform Canva as a positive catalyst.
Shares of social media management platform Sprout Social (NASDAQ:SPT) jumped 5.2% in the morning session after the company announced a significant integration with the popular online design platform, Canva.
The specter of intensified global trade conflicts, colloquially dubbed "Trade Wars 2.0," is casting a long shadow over the international economic landscape as Donald Trump's potential return to the U.S. presidency draws closer. With proposals for sweeping new tariffs, including rates as high as 60% on goods from
The U.S. stock market is in the midst of a remarkable resurgence, with both the S&P 500 and Nasdaq Composite indices recently achieving unprecedented closing highs. This rally, fueled by a potent combination of cooler-than-expected inflation data, robust corporate earnings—particularly from the technology sector—and the insatiable
The financial markets are abuzz following the latest economic reports, which present a challenging dual narrative of persistent inflation and a noticeably weakening labor market. This intricate interplay is forcing the Federal Reserve into a precarious balancing act, with implications that ripple through public companies and the broader economy. Recent
UPS and FedEx are facing turbulence due to changes in trade flows and weakening demand. Analyst downgrades and lowered forecasts highlight risks for the critical peak shipping season.
Over the past six months, FedEx’s shares (currently trading at $225.63) have posted a disappointing 7.1% loss, well below the S&P 500’s 17.4% gain. This may have investors wondering how to approach the situation.
The American manufacturing sector is currently trapped in a protracted downturn, characterized by a steady erosion of jobs and a sustained contraction in activity. Recent economic indicators paint a concerning picture, with thousands of manufacturing positions vanishing and key industrial gauges signaling a shrinking base. This persistent struggle carries immediate
Despite widespread market expectations for a September interest rate cut, the Federal Reserve finds itself navigating a perilous economic landscape marked by persistently high inflation. Stubbornly "sticky" services inflation, coupled with the escalating impact of new tariffs on core goods, is creating a complex dilemma for policymakers. While a cooling
Benchmark Brent crude prices fell 0.3% to $68.95 per barrel, while U.S. West Texas Intermediate prices fell 18 cents to $65.40 per barrel at 4.35 a.m. ET.
