RDAC
NASDAQ ·
Rising Dragon Acquisition Co
$20.53
+15.63 (+318.98%)
RDAC News26 articles
Rising Dragon Stock Skyrockets on SPAC Extension Proposal
RDAC shares soared 400% to $21.72 on news of a proposed deadline extension for its HZJL SPAC merger, with a shareholder vote scheduled for May 28.
GE HealthCare Cuts 2026 Profit View on Rising Costs, Stock Plunges
GE HealthCare cut its 2026 profit forecast as rising chip, oil, and freight costs, along with tariffs, squeezed margins. Shares fell nearly 13%.
Dogecoin Surges Past $0.10, But Rising Leverage Poses Reversal Risk
Dogecoin rallied 10.9% to $0.1101, clearing the $0.10 resistance, but a 33% jump in futures open interest raises the risk of a sudden sell-off.
Meta's Q1 Earnings to Gauge AI Investment Payoff Amid Rising Costs
Meta Platforms will announce first-quarter financial results on April 29, as investors assess whether advertising gains can sustain the company's aggressive artificial intelligence investments.
NVIDIA Gains on TSMC's AI-Driven Surge, Faces Rising Competition
NVIDIA shares advanced after TSMC reported strong quarterly results fueled by artificial intelligence demand. However, Amazon and Google signaled growing competition in the AI chip market.
Amazon Imposes 3.5% Fuel Surcharge on Sellers Amid Rising Oil Prices
Amazon is introducing a 3.5% fuel and logistics surcharge on fulfillment fees for third-party sellers in the U.S. and Canada, effective April 17. The move comes as Brent crude oil prices hover around $110 per barrel, increasing delivery costs across the logistics sector.
New Hampshire Senate Passes Crypto ATM Fraud Bill Amid Rising Senior Losses
The New Hampshire Senate approved legislation mandating cryptocurrency ATM operators to reimburse fraud victims who report within 14 days, as nationwide losses surpassed $65 million in the first half of 2024.
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.
NVIDIA Holds $179 Amid AI Growth and Rising Chip Competition
NVIDIA's stock held near $179, maintaining a $4.53 trillion valuation after reporting $68.1 billion in Q4 revenue. Meanwhile, Arm's new data-center CPU announcement sent its shares soaring 20%, signaling increased competition in AI hardware.
Bank of America Gains as Rising Yields Boost Lending Outlook
Bank of America shares advanced 1.4% to $48.17 on Tuesday, defying a down market as higher Treasury yields improved the outlook for bank lending margins.
Gold Stalls Near $4,400 as Rising Yields, Oil Pressure Safe-Haven Appeal
Gold steadied near $4,409 an ounce Tuesday following a sharp decline to a four-month low, pressured by climbing bond yields and energy costs that are undermining its safe-haven status.
Opendoor Stock Dips as Rising Mortgage Rates Pressure Spring Housing Outlook
Opendoor Technologies stock declined roughly 2% as mortgage rates climbed to their highest level since December, clouding the spring homebuying season. The company forecasts a sequential revenue drop and ongoing EBITDA losses.
B2Gold Shares Extend Losses Amid Gold Price Retreat and Rising Cost Outlook
B2Gold Corp shares continued to decline as a sector-wide selloff in gold miners intensified. The company faces increased cost projections for 2026, adding pressure amid falling bullion prices.
Opendoor Shares Slide Amid Rising Mortgage Rates, Housing Slowdown
Opendoor Technologies shares declined 2.6% after U.S. 30-year mortgage rates climbed to 6.22%, the highest since December. The company warned first-quarter revenue could drop roughly 10% sequentially.
Brazil Freight Fines Pressure Ambev Amid Rising Cost Outlook
Ambev's U.S.-listed shares fell after Brazil imposed fines for minimum freight-price violations, reviving concerns over logistics costs. The brewer forecasts Brazil beer production costs to increase 4.5%-7.5% in 2026.
U.S. Natural Gas Prices Hold Near $3 Amid Rising Production and Regional Glut
U.S. natural gas prices remained subdued near $3.03 per mmBtu as increased domestic production and softer demand forecasts pressured the market. West Texas's Waha hub saw cash prices stay negative for a historic 27-day stretch due to pipeline constraints.
Gold Retreats on Rising Yields, Dollar Strength; Markets Eye Jobs Data
Gold prices declined 1.2% to $5,076.59 per ounce as rising U.S. Treasury yields and a firmer dollar pressured the metal. The SPDR Gold Shares ETF (GLD) dropped 1.18%.
Gold Retreats as Dollar Strength, Rising Yields Outweigh Geopolitical Tensions
Gold prices declined on Thursday, erasing earlier gains, as a stronger U.S. dollar and higher Treasury yields offset safe-haven demand spurred by Middle East tensions. The market's focus shifts to Friday's U.S. employment report.
Tesco Staff to Share £134 Million in Share Scheme Payout Amid Rising Grocery Inflation
Tesco's Save As You Earn scheme will distribute up to £134 million to more than 22,000 staff, with average payouts between £5,000 and £8,000. The news comes as UK grocery inflation increased to 4.3% in late February.
JPMorgan CEO Urges Banks to Bolster Cyber Defenses Amid Rising Iran Tensions
JPMorgan Chase CEO Jamie Dimon has cautioned financial institutions to prepare for potential cyber retaliation linked to Middle East tensions. U.S. intelligence indicates increased threat activity from groups aligned with Iran.
Apple Launches $599 MacBook Neo, Targets Education Market Amid Rising Costs
Apple introduced the MacBook Neo, a $599 laptop with an A18 Pro chip and 8GB memory, shipping March 11. The device targets the education segment and undercuts Apple's previous entry-level MacBook Air.
Tesco Shares Gain on Rising Grocery Inflation, Market Share Growth
Tesco shares advanced 2% in London trading, outpacing the FTSE 100, following data showing UK grocery inflation rose to 4.3% and Tesco's market share grew to 28.7%. Focus turns to the Bank of England's March rate decision and Tesco's full-year results in April.
Carvana Shares Extend Decline Amid Rising Vehicle Reconditioning Costs
Carvana shares continued to slide, dropping 1.6% to $327.55, after Q4 results revealed increased costs reduced per-vehicle profit. Revenue reached $5.6 billion.
Exxon Mobil Reaches 52-Week Peak Amid Rising Oil Prices, Geopolitical Tensions
Exxon Mobil shares surged 1.45% to $151.21, hitting a new 52-week high as Brent crude climbed to $69.04. Traders are eyeing upcoming U.S. inventory and inflation data.
LONGi Faces Rising IP Costs as Solar Sector Demand Cools
LONGi Green Energy shares edged higher as a major BC solar patent deal sets a price for key technology, while industry forecasts point to softer Chinese solar installations in 2026.
Natural Gas Prices Face Downward Pressure Amid Warmer Forecasts and Rising Supply
U.S. natural gas futures declined 2.5% to $3.422/mmBtu as forecasts for milder weather and increased drilling activity weighed on the market. Traders are monitoring upcoming weather models and storage data.