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US Crude Oil Inventories Drop by 2.7 Million Barrels: A Deep Dive into the Latest EIA Report

The EIA reports a 2.7 million barrel drop in US commercial crude oil inventories for the week ending April 25, alongside changes in refinery operations, gasoline production, and im...

Market

European Markets Hold Steady in Premarket Amid Key Earnings and Economic Data Releases

European markets showed little change in premarket trading as investors reacted to earnings from Volkswagen and Mercedes-Benz, alongside economic data from Germany, the Eurozone, B...

Market

European Markets Surge at Open: Key Earnings and Economic Data Spark Investor Optimism

European markets opened higher as traders analyzed the latest earnings from major corporations and awaited key economic data. Indices like the DAX and FTSE 100 saw gains, with comp...

Market

Tech Giants and Economic Indicators: A Crucial Day for US Stock Futures

US stock futures remained flat as investors awaited earnings from major tech companies and key economic indicators, including GDP estimates and employment data, to gauge market dir...

Market

Oil Prices Tumble Over 1% Amid Growing Recession Fears and Rising US Inventories

Oil prices dropped over 1% due to recession fears and a rise in US oil inventories. Consumer confidence hits a pandemic low, and job openings disappoint, adding to economic concern...

Market

Supermicro's Stock Plummets 20% Amid Cooling AI Demand and Rising Operational Costs

Super Micro Computer Inc. faces a nearly 20% stock drop after lowering its Q3 revenue and earnings forecasts, citing delayed orders and higher costs.

Market

Dow Jones Plummets Over 650 Points as US Economy Shows Signs of Contraction in Q1 2025

The Dow Jones Industrial Average experienced a significant drop of 650 points amid concerns over the U.S. economy's contraction in Q1 2025 and underwhelming private payroll data. T...

Market

European Markets Hold Steady: Key Earnings and GDP Data in Focus

European equities traded mostly flat in Wednesday's premarket amid new earnings reports and economic data, including GDP figures and inflation rates, with slight movements in stock...