Donald Trump Jr.’s 1789 Capital is firing on all cylinders this year, with returns surging. The firm is now in talks to raise $3 billion for a new fund as it seeks to capitalize on opportunities in key areas of the economy. The firm, where President Donald Trump’s oldest son serves as a partner, has
Memory stocks gained again on Tuesday as renewed optimism around artificial intelligence continued to provide a fresh tailwind for semiconductor shares, while a sharp decline in oil prices helped ease broader inflation concerns. Additionally, fresh bullish calls added to the optimism, even as some recent reports around OpenAI and Anthropic’s plans seemed to have eased
Critical Metals (CRML) shares ripped higher on Monday morning after the Trump administration announced a historic security pact between the US, Denmark, and Greenland. This geopolitical milestone derisks CRML’s flagship Tanbreez project in southern Greenland – one of the world’s largest undeveloped heavy rare earth deposits. Despite the huge surge today, Critical Metals stock is
Crude oil prices retreated on Friday, with Brent and West Texas Intermediate (WTI) both slipping below their monthly highs. WTI fell to $95.46, roughly 10% below its peak for the month, while Brent, the global benchmark, dropped to $103.90 from this month’s high of $109.96. Saudi Arabia and Houthi risks are rising Crude oil price
US stocks ended mixed on Friday as investors wrapped up a volatile week marked by the Federal Reserve’s first interest-rate hike in three years, rising Treasury yields and elevated oil prices. The Dow Jones Industrial Average fell 114.74 points, or 0.22%, to 51,663.30, while the S&P 500 gained 11.53 points, or 0.12%, to 7,647.19. The
SpaceX stock has moved sideways at an important price, even after the company received a $964 million deal by NASA. SPCX also wavered as investors waited for the upcoming Starship Orbital test. It trades at $152, up by 47% from its lowest level this year. SpaceX stock wavers after reaching a NASA deal SPCX stock
US stocks rebounded sharply on Thursday as falling Treasury yields and oil prices helped investors move beyond the previous day’s losses following the Federal Reserve’s first interest-rate hike in three years. Technology stocks led the recovery, with the Nasdaq Composite posting the largest gain among the major indexes. The Dow Jones Industrial Average rose 319.73
Opendoor stock crashed to its lowest level since August 11 as concerns about its growth in a high mortgage environment continued. It slipped to $2.65, down by 75% from its highest point last year. Soaring mortgage rates are hitting its business The housing market in the US is facing substantial challenges this year as mortgage
Netflix shares NFLX rose about 4.3% on Monday after Evercore ISI increased its price target on the streaming company to $110 from $100 and reiterated its Outperform rating. The new target implies roughly 42% upside from Netflix’s previous closing price. The brokerage cited improving subscriber trends in the United States and Japan, as well as
Hewlett Packard Enterprise (HPE) shares fell 8% on Monday after Evercore ISI downgraded the stock to In Line from Outperform, citing its sharp recent rally and more balanced risk-reward profile. The brokerage maintained its $65 price target. HPE shares closed at $62.08 on Friday, Sept. 11, after gaining 15% over the previous five trading sessions