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(Bloomberg) — Another round of storms swept into the eastern US from Lake Erie to Florida on Sunday after a deadly track of tornadoes and severe weather knocked out power to thousands across the Mississippi Valley and the South this weekend. Most Read from Bloomberg More than 50 million people from western New York to central Florida were in the track of the storm, the Storm Prediction Center said. Tornadoes are still a threat in some regions, though many of the watches had expired by Sunday afternoon. “Severe thunderstorms will bring scattered damaging wind swaths and a few tornadoes this…
(Bloomberg) — Oil rose for a second day after top importer China said it would take steps to revive consumption by boosting incomes, and the US ordered fresh attacks on the Houthis in Yemen. Most Read from Bloomberg Brent crude climbed above $71 a barrel after advancing 1% on Friday, with West Texas Intermediate near $68. Beijing will give details on policies to stabilize stock and real estate markets, lift wages and boost the nation’s birth rate, state-run news agency Xinhua reported. Meanwhile, US military strikes on Yemen’s Houthi militants will be “unrelenting” until the group stops targeting civilian and…
(Bloomberg) — US equity futures dropped after Treasury Secretary Scott Bessent dismissed recent declines as healthy, reinforcing the view that the Trump administration is unlikely to step in to boost markets. Most Read from Bloomberg S&P 500 and Nasdaq 100 contracts fell 0.4%, indicating Wall Street’s four-week run of losses is set to deepen. In premarket trading, the Magnificent Seven group of tech stocks mostly edged lower, though Nvidia Corp. gained before its much anticipated conference on artificial intelligence. Europe’s Stoxx 600 index rose 0.3%, extending its year-to-date outperformance against US stocks. Bessent told NBC’s Meet the Press Sunday that…
We recently published a list of Why These 15 Automotive Stocks Have Been Plunging In 2025. In this article, we are going to take a look at where SES AI Corporation (NYSE:SES) stands against other automotive stocks that have been plunging in 2025. Automotive stocks have been among the worst-performing names in the past few months, and even before that, if you exclude Tesla from the list. Donald Trump’s election caused panic among electric vehicle startups, and his tariff policies caused that panic and uncertainty to spread among traditional automakers. Meanwhile, inflationary pressures and rising interest rates have dampened consumer…
(Bloomberg) — Ramelius Resources Ltd. will buy gold developer Spartan Resources Ltd. in a transaction valuing the smaller Australian producer at A$2.4 billion ($1.5 billion), as miners seek more supply amid soaring bullion prices. Most Read from Bloomberg The offer represents an 11.3% premium to Spartan’s closing price on March 14, Ramelius said in a statement on Monday. The value of the takeover deal is about A$1.8 billion, according to Bloomberg calculations. The agreement will give Ramelius ownership of Spartan’s flagship Dalgaranga gold project in Western Australia. The combined group is set to become a leading Australian producer with overall…
(Bloomberg) — One year on from Japan’s historic rate hike, profits at its biggest banks are soaring to records, while price rises are forcing consumers to cut back and higher borrowing costs are fueling a political battle over how the government can rein in its outlays. Most Read from Bloomberg Bank of Japan Governor Kazuo Ueda scrapped the world’s last negative interest rate and its massive stimulus program a year ago, encouraged by record gains in annual wage deals. Those pay increases suggested consumers were in a position to help drive prices and growth, supporting the inflation trend. The bank’s…
We recently published a list of Why These 15 Automotive Stocks Have Been Plunging In 2025. In this article, we are going to take a look at where Innoviz Technologies Ltd. (NASDAQ:INVZ) stands against other automotive stocks that have been plunging in 2025. Automotive stocks have been among the worst-performing names in the past few months, and even before that, if you exclude Tesla from the list. Donald Trump’s election caused panic among electric vehicle startups, and his tariff policies caused that panic and uncertainty to spread among traditional automakers. Meanwhile, inflationary pressures and rising interest rates have dampened consumer…
We recently published a list of Why These 15 Automotive Stocks Have Been Plunging In 2025. In this article, we are going to take a look at where Innoviz Technologies Ltd. (NASDAQ:INVZ) stands against other automotive stocks that have been plunging in 2025. Automotive stocks have been among the worst-performing names in the past few months, and even before that, if you exclude Tesla from the list. Donald Trump’s election caused panic among electric vehicle startups, and his tariff policies caused that panic and uncertainty to spread among traditional automakers. Meanwhile, inflationary pressures and rising interest rates have dampened consumer…
(Bloomberg) — The former bankers who used statistical analysis of undervalued players to lead the Yokohama DeNA BayStars to a stunning upset in last year’s Japanese baseball championship aim to show that it wasn’t a fluke. Most Read from Bloomberg As fans whet their appetite with this week’s games between the Los Angeles Dodgers and the Chicago Cubs in Tokyo, Yokohama is honing its indicators which predict how well a pitcher will perform at any given moment. The team pairs that data from its analytics team with the advice of its scouts to use underrated players at the right moment.…
We recently published a list of Why These 15 Automotive Stocks Have Been Plunging In 2025. In this article, we are going to take a look at where Lotus Technology Inc. (NASDAQ:LOT) stands against other automotive stocks that have been plunging in 2025. Automotive stocks have been among the worst-performing names in the past few months, and even before that, if you exclude Tesla from the list. Donald Trump’s election caused panic among electric vehicle startups, and his tariff policies caused that panic and uncertainty to spread among traditional automakers. Meanwhile, inflationary pressures and rising interest rates have dampened consumer…