Celestica stock price has slumped in the past few weeks, falling from the all-time high of $655 in June to the current $524. This retreat continued today, even after the company announced a $300 million investment in Texas. So, is it safe to buy the dip? Celestica announces a major US investment Celestica, a top
Charles Schwab Corporation partnered with Cboe Global Markets to introduce binary options tied to the performance of the S&P 500, marking its entry into the rapidly growing prediction markets segment. According to a report by The Wall Street Journal, the brokerage is working with Cboe to roll out all-or-nothing options contracts that allow customers to
Alcohol companies have had fewer reasons to say “cheers” in recent years. Volumes have been falling, and the entire business model is undergoing a structural shakeup as younger people drink less. The downturn has been driven by a mix of structural and cyclical forces. Younger consumers are drinking less, inflation has squeezed discretionary spending, and
US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts. Several major financial institutions have recently pushed back their forecasts for monetary easing, with some now expecting the Federal Reserve to leave rates unchanged throughout 2026. Yet despite the more hawkish outlook, strategists remain broadly constructive on
Amazon has announced that it has become water positive in India, achieving a key sustainability target ahead of schedule as scrutiny grows over the environmental impact of expanding data centre infrastructure worldwide. The company said it now returns more water to communities than it uses across its direct operations in India, including corporate offices, fulfilment
Investors are turning their attention to Micron Technology’s upcoming earnings report for clues on whether the artificial intelligence-driven rally in the US stocks can sustain its momentum. While major US stock indexes remain close to record highs despite a sharp mid-week selloff, markets have continued to draw support from strong corporate earnings linked to the
UK equities were largely unchanged on Friday as the cancellation of US-Iran peace talks in Switzerland dampened investor sentiment and kept risk appetite subdued. Gains in energy and healthcare stocks, however, helped limit broader market losses. The benchmark FTSE 100 index slipped 5.40 points, or 0.05%, to 10,394.30 by 0948 GMT. The domestically focused FTSE
Cathie Wood’s ARK Invest increased its exposure to Tesla and Snowflake on Thursday while continuing to trim its position in Roku, according to the firm’s latest daily trading disclosures. The moves underscore ARK’s continued focus on artificial intelligence, cloud software, and long-term technology themes even as market volatility persists around some of its biggest holdings.
Reliance Industries Chairman Mukesh Ambani announced a series of major developments at the company’s annual general meeting, led by plans to list Reliance Jio platforms in what could become one of India’s largest initial public offerings, while also outlining ambitious expansion plans across artificial intelligence, retail, and new energy. The proposed listing aimed at unlocking
Shares of memory and storage companies climbed in premarket trading on Thursday after Apple Chief Executive Tim Cook warned that soaring memory and storage chip prices could force the iPhone maker to raise product prices. Micron Technology (MU) rose about 4.7% before the opening bell, while Sandisk gained 4.4%. Seagate Technology advanced around 4% and