Stock futures are little changed as traders await more inflation data: Live updates
The July reading of the producer price index, which gauges what wholesalers pay for raw goods and materials, is set for release Thursday at 8:30 a.m. ET.
Saudi Arabia ramps up oil exports through Mediterranean pipeline to avoid attacks in Red Sea
Oil exports from Egypt’s Mediterranean port of Sidi Kerir have more than doubled. The crude is mostly from Saudi Arabia, according to Kpler.
Investors question data center loan valuations after latest Nvidia financing move
Data center loans are much more complex than mortgages and auto loans, investors caution
Stocks making the biggest moves midday: Wendy’s, H&R Block, Quantinuum, CoreWeave, Cava & more
These are the stocks posting the largest moves midday.
Strait of Hormuz ship traffic near three-month low as U.S.-Iran deal in doubt
Traffic is about 90% lower than the daily average of 130 ships that transited Hormuz before the U.S. and Israel attacked Iran on Feb. 28.
Bank of America to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unit
The deal is the latest large investment in India’s financial services sector.
Amazon shares appear stuck in a rut. Trader Mike Khouw is betting things will stay that way
For investors who suspect Amazon could be range-bound for the next seven weeks, consider a “jade lizard.”
Trump sued over Truth Social advance access sale
The lawsuit, filed in U.S. District Court in Manhattan, notes that Trump’s posts on his own social media site often move financial markets.
Trump sued over Truth Social advance access sale
The lawsuit, filed in U.S. District Court in Manhattan, notes that Trump’s posts on his own social media site often move financial markets.
Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says
Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter’s stake in Los Angeles Lakers at valuation of more than $12 billion.
