This photograph taken on May 1, 2025, shows the logo of ArcelorMittal at the entrance of their Dunkirk site in Grande-Synthe, northern France. ArcelorMittal's French trade union General Confederation of Labour (CGT) called for a major demonstration in Dunkirk on May 1, to protest against the steelmaker's plan to cut around 600 jobs in northern and eastern France. (Photo by Sameer Al-DOUMY / AFP) (Photo by SAMEER AL-DOUMY/AFP via Getty Images)AFP via Getty Images ArcelorMittal (NYSE:MT) has shown a commendab ...

Photo by Michael M. Santiago/Getty ImagesGetty ImagesLet us take a market reading. Both the NVIDIA and Apple monthly price cycles decline through the month of September. How can the NASDAQ rise with these two heavyweights in decline? In addition, the monthly price cycle for the NASDAQ Composite is in descent. And, as we know, September has been the weakest month in any year, especially for technology. This points to lower tech prices, but there are a couple of saving graces that indicate a mild correction.F ...

Investors are leaning into bullish bets on US Treasuries ahead of this week’s inflation report, as a recent run of softer-than-expected data opens the door for the Federal Reserve to cut interest rates in September and further ease monetary policy in the months ahead. The market’s dovish stance has been reflected in open interest, or the amount of new risk held by traders: Some 70,000 contracts were added in October fed funds futures following Friday’s lackluster employment report, the largest daily inc ...

JPMorgan CEO Jamie Dimon told CNBC in an interview on Tuesday that the record revision to U.S. payrolls data underscores that the U.S. economy is contending with a slowdown. “The economy is weakening,” Dimon said. “Whether that is on the way to recession or just weakening, I don’t know.”“The labor market appears weaker than originally reported,” said Jeff Roach at LPL Financial. “A deteriorating labor market will allow the Fed to highlight the need to ease rates. Investors should expect the Fed to officiall ...

(Reuters) - Pattern is seeking a valuation of up to $2.64 billion in its initial public offering in the United States, the e-commerce firm said on Wednesday, in a further sign of resurgent new listings market. After an April slowdown tied to tariff jitters, improved trade prospects and strong investor demand for IPOs restored confidence in the new listings market. The Lehi, Utah-based company and some of its existing shareholders are offering 21.4 million shares, priced between $13 and $15 apiece, to rai ...

(Reuters) - Pattern is seeking a valuation of up to $2.64 billion in its initial public offering in the United States, the e-commerce firm said on Wednesday, in a further sign of resurgent demand for new listings. After an April slowdown tied to tariff jitters, improved trade prospects and strong investor demand for IPOs restored confidence in the market. The Lehi, Utah-based company and some of its existing shareholders are offering 21.4 million shares, priced between $13 and $15 apiece, to raise as muc ...

The MLP currently has $6 billion of organic expansion projects on track to enter commercial service by the end of this year. It has additional projects under construction that should start up in 2026. These projects will supply Enterprise Products with stable sources of incidental cash flow as they come online. That should give it the fuel to continue increasing its high-yielding distribution, which it has done for 27 years in a row. The midstream giant also has one of the strongest balance sheets in the se ...

BREAKING: Futures Mixed But Oracle Skyrockets On Blowout OutlookKlarna Group (KLAR), a rival of Affirm Holdings (AFRM) in the "buy now, pay later" market, priced its initial public offering above the expected range.The Klarna IPO sold 34.3 million shares at $40 a share vs. the targeted range of $35-$37. The Swedish payments company raised $1.37 billion, giving Klarna an initial valuation of $15.1 billion.KLAR stock will begin trading on the NYSE on Wednesday.Klarna argues that it's more of a digital bank th ...

After opening modestly higher and moving up further, France's CAC 40 gave up some gains subsequently Wednesday morning, but remains in positive territory. The undertone is fairly steady following the appointment of Sébastien Lecornu as France's new Prime Minister, and optimism about prospects of a larger than expected interest rate cut by the Federal Reserve next week.Investors are also awaiting the European Central Bank's policy announcement on Thursday, and the crucial inflation data from the U.S.The ben ...

Key Points Sui is an up-and-coming Ethereum challenger that recently hit a new all-time high in January. New spot ETFs could be coming for Sui in October. The formation of new Sui treasury companies could add upward pressure to the price. 10 stocks we like better than Sui › On the surface, Sui (CRYPTO: SUI) looks like a very unappealing investment. The cryptocurrency is down almost 20% for the year, and now trades 35% below its all-time high of $5.35 from January. To say that 2025 has been a diff ...