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Nvidia Slips Amid Rising Competition and Regulatory Pressure
Nvidia shares declined over 4% Thursday, pressured by competitive threats from Huawei's new chip and potential U.S. export restrictions. The Nasdaq entered correction territory, down 10.7% from its October peak.
CenterPoint Gains Investor Attention on Dividend, Growth Outlook
CenterPoint Energy shares closed at $42.33 as Nordea Investment Management increased its stake by 14.3%. The utility reaffirmed its 2026 adjusted EPS guidance of $1.89-$1.91 and $0.23 quarterly dividend.
Bitcoin's Fate Hinges on $14B Options Expiry Amid Macro Turmoil
Approximately $14 billion in Bitcoin options expire Friday on Deribit, with prices stuck near $66,000. The event coincides with Brent crude near $110 and a 10-year Treasury yield at 4.456%, creating a tense macro backdrop.
StockStory Backs HPE, Progressive; Warns on GoDaddy, Caterpillar, eBay, Molson Coors
StockStory's latest analysis highlights HPE and Progressive as bullish picks due to robust financials, while flagging concerns for GoDaddy, Caterpillar, eBay, and Molson Coors. The assessments come amid a sharp market pullback and significant weekly inflows into U.S. equity funds.
Global Equities Slide as Iran Tensions Fuel Oil, Bond Market Jitters
Worldwide stock markets declined Friday, with the Nasdaq Composite sinking into correction territory. President Trump's decision to delay action on Iran failed to ease concerns, pushing oil prices higher and bond yields to fresh peaks.
Futures Rebound as Geopolitical Tensions Ease, Nasdaq in Correction
U.S. equity futures advanced Friday following a presidential decision to delay potential strikes on Iran, offering a reprieve after Thursday's selloff pushed the Nasdaq into correction territory. Brent crude eased but stayed elevated near $107.
FTSE 100 Flat Amid Consumer Weakness, AstraZeneca Gains
The FTSE 100 was little changed, up just 0.1%, as disappointing UK economic data weighed on sentiment. AstraZeneca shares rose on positive trial results.
U.S. Mortgage Rates Surge to 6.38%, Dampening Spring Housing Activity
U.S. mortgage rates climbed to a six-month high of 6.38% this week, pressuring borrower demand. The Mortgage Bankers Association reported a 10.5% weekly decline in applications as costs rose.
Reliance Denies Iran Oil Purchase as Asia Markets Slump on Geopolitical Tensions
Reliance Industries has dismissed claims it bought Iranian crude oil as unfounded. Asian equity markets fell due to ongoing Middle East tensions, and X Financial reported robust Q3 earnings despite a significant one-off loss.
Bradesco Shares Dip on $3B Payout Amid Strong 2025 Results
Banco Bradesco's ADRs declined following the announcement of a R$3 billion shareholder distribution, despite the Brazilian bank reporting a significant rise in 2025 net income and solid deposit growth.
Amazon Shares Dip Amid Nasdaq Correction Despite Bullish AWS Forecasts
Amazon shares declined 2% to $207.54, pressured by a broad tech selloff that pushed the Nasdaq into a correction. Wall Street analysts raised price targets on bullish AWS cloud outlook, but concerns over massive capital spending and geopolitical risks persist.