Pooja Rajkumari

President-elect Donald Trump's nominee for the Securities and Exchange Commission (SEC), Paul Atkins, drew attention for his industry-friendly track record and potential to reshape the agency's enforcement priorities. What Happened: Atkins, a former SEC commissioner, is known for his skepticism of...

On Monday, Palo Alto Networks Inc. (NASDAQ:PANW) encountered a bearish outlook from Guggenheim, as analyst John DiFucci downgraded the cybersecurity giant's stock to "sell," citing concerns over declining growth metrics and financial adjustments. What Happened: Guggenheim's DiFucci expressed...

The U.S. Department of Defense, on Monday, added several Chinese firms, including Tesla Inc. (NASDAQ:TSLA) supplier Contemporary Amperex Technology Co. Limited (CATL), Tencent Holdings (OTC:TCEHY), to its list of companies allegedly supporting Beijing's military efforts, causing a sharp decline in...

Panasonic Energy, a key supplier for Tesla Inc. (NASDAQ:TSLA), is aiming to cut its reliance on China for electric vehicle battery supplies in the U.S. Allan Swan, President of Panasonic Energy of North America, emphasized that this transition is the company’s “No.1 objective.”...

Nvidia Corp. (NASDAQ:NVDA) shares climbed 2.58% in pre-market trading on Monday, as per Benzinga Pro. This surge is driven by investor anticipation surrounding CEO Jensen Huang‘s keynote at the CES trade show in Las Vegas. What Happened: Huang’s presentation is expected to spotlight the...

Morgan Stanley has initiated an ‘underweight’ rating for Palantir Technologies (NASDAQ:PLTR), with a price target set at $60. This move comes as analyst Sanjit Singh takes over lead coverage of the company. What Happened: The Wall Street firm had previously...

Airlines across the United States canceled more than 1,300 flights on Monday due to a severe winter storm. The storm brought snow, ice, and freezing temperatures, significantly disrupting travel plans. What Happened: As of 5:13 a.m. ET, a total of 1,306 flights were ...

Chinese stock exchanges are taking decisive action, urging major mutual funds to restrict stock sales as the nation faces a weakening yuan and volatile stock markets. This move is part of Beijing’s efforts to stabilize the economy before Donald Trump begins his second term...

Steve Diggle, a former hedge fund manager renowned for amassing billions during the 2008 financial crisis, is making a comeback in the trading world. What Happened: Diggle’s family office, Vulpes Investment Management, is aiming to raise up to $250 million from investors in the first quarter...

Italian Prime Minister Giorgia Meloni has stated that investments by companies owned by Elon Musk do not pose a threat to Italy’s national security. Meloni emphasized the importance of evaluating investments through the lens of national interest. What Happened: Meloni...

As the U.S. House of Representatives gears up for a potentially contentious speaker election, market watchers are on edge. What Happened: The U.S. House of Representatives is poised for a challenging speaker election, potentially impacting market-related legislative actions. Mike Johnson is...

U.S. new-car sales are forecasted to reach a significant milestone in 2024, with projections indicating a five-year high. Analysts attribute this surge to improved inventories and increased incentives. The projection comes ahead of automakers reporting their final sales tallies throughout the day...

Warren Buffett advises individuals to invest in low-cost S&P 500 index funds for long-term gains, rather than attempting to time the market or pick stocks. However, The Kobeissi Letter revealed a concerning trend on Thursday. What Happened: The top 10 stocks in the S&P 500 are now nearly...

Amid a turbulent start to the year for Chinese stocks, UBS Global Wealth Management has issued a warning to investors, recommending to  "stay on the defensive side.” This comes as market volatility is expected to rise due to anticipated policy changes by the incoming...

Shares of U.S. Steel (NYSE:X) plunged 9.82% in overnight trading on Robinhood on Friday, following a modest 1.38% gain during the last after-hours session. What Happened: This decline comes as President Joe Biden is poised to block the proposed acquisition by Nippon Steel (OTC:...