Latest Market News
The Energy Information Administration on Wednesday reported that U.S. crude inventories fell by 1.7 million barrels for the week ended Oct. 14. On average, analysts forecasted a decrease of 1.2 million barrels, according to a poll conducted by S&P Global Commodity Insights. The EIA also showed a weekly inventory decline of 100,000 barrels for gasoline, […]
Intuitive Surgical Inc. ISRG, +10.96% shares rallied Wednesday after the surgical robotics company’s quarterly results topped Wall Street estimates. Intuitive Surgical shares rose more than 12% to an intraday high of $220.98 Wednesday Late Tuesday, the company reported third-quarter net income of $324 million, or 90 cents a share, compared with $380.5 million, or $1.04 […]
A group of Justice Department prosecutors believes there is sufficient evidence to charge former President Donald Trump with obstruction of justice, but the team that’s part of the classified records probe has not yet made a formal recommendation to Attorney General Merrick Garland, according to a Bloomberg report citing unnamed sources. There are several other investigations […]
Oklahoma Governor Kevin Stitt said Tuesday that State Question 820 to legalize adult-use cannabis will go before voters in a special election on on March 7. The referendum includes the introduction of a 15% excise tax on recreational use sales, above applicable sales taxes, to fund implementation of the law. Any surplus revenue will go […]
Israel’s Ministry of Finance and the Tel Aviv Stock Exchange expect to finish the pilot project by Q1 2023. 951 Total views 35 Total shares The Israeli Ministry of Finance, together with the Tel Aviv Stock Exchange (TASE), digital assets custody provider Fireblock and the United States software solutions developer VMware, will conduct the testing […]
Hydrogen and fuel cell systems company Plug Power Inc. PLUG, -4.34% and chlor alkali producer Olin Corp. OLN, -1.27% announced Wednesday a joint venture, Hidrogenii, that will kick off with the building of a 15 ton-per-day hydrogen plant in St. Gabriel, Louisiana. The company’s said construction will create 160 jobs in 2022 and 215 jobs […]