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Market and Economic Updates: Key Trends and Insights

Index Update & Market Movers -US stocks showed mixed results on Monday: the Dow soared over 300 points, while the Nasdaq slid 0.6% as tech stocks like Nvidia and Palantir extended losses. Rising bond yields and a stronger-than-expected jobs report added pressure, dimming hopes …

Team Kalkine | 14 January 2025

AngloGold Ashanti (NYSE:AU) Sets Gold Production Target of 2.65M to 2.85M Ounces for 2024

AngloGold Ashanti PLC (NYSE:AU)is a global gold mining company headquartered in the United Kingdom. With operations, projects, and exploration across nine countries on four continents, it also produces silver in Argentina and sulfuric acid in Brazil. The company's portfolio spans Africa, the Americas, and …

Team Kalkine | 14 January 2025

BW LPG (NYSE:BWLP) Optimistic About Market Prospects for 2024-2025, Banks on US and Middle East Exports

BW LPG Limited (NYSE:BWLP)is a Singapore-based company. It owns and operates liquefied petroleum gas (LPG) vessels. The company’s fleet consists of very large gas carriers (VLGCs). These vessels have a total carrying capacity of over three million CBM.

Team Kalkine | 11 January 2025

Market Update: Stocks Mixed Ahead of Jobs Report; Oil Prices Surge & Labor Market Shows Resilience

On Wednesday, the Dow and S&P 500 rose by 0.25% and 0.16%, respectively, while the Nasdaq Composite fell by 0.06%. The bond market stabilized after a $22 billion US Treasury sale eased recent yield spikes. Ahead of Friday’s jobs report, data showed a slowdown …

Team Kalkine | 10 January 2025

Tempus (NASDAQ:TEM) Anticipates USD 700Mn Revenue and USD 105Mn EBITDA for 2024

Tempus AI, Inc. (NASDAQ:TEM)is a technology company offering next-generation diagnostics across various diseases. It leverages data analytics, genomics, and artificial intelligence (AI) to personalize medicine and enhance treatment outcomes.

Team Kalkine | 08 January 2025

Market Overview: Stocks Slide as Treasury Yields Rise, Inflation Fears Mount, and Tariff Concerns Intensify

Index Update- Stocks in the US turned lower in afternoon trading as economic data pushed Treasury yields higher, cooling hopes for Fed rate cuts later this year. The S&P 500 dropped 1%, the Dow Jones fell 250 points (-0.6%), and the Nasdaq 100 slid …

Team Kalkine | 08 January 2025