FMP
Jul 1, 2025 1:40 AM - Parth Sanghvi
Morgan Stanley strategist Michael Wilson sees the S&P 500’s rally extending into the back half of the year, underpinned by fundamentally driven earnings improvements and line of sight to Federal Reserve rate cuts. Here’s a data‑rich breakdown—and exactly how to automate your monitoring with Financia...
Jul 1, 2025 1:40 AM - Parth Sanghvi
Prices for China‑made goods on Amazon have climbed 2.6% from January through mid‑June—faster than overall core goods inflation. Here’s a concise, mobile‑friendly breakdown of what’s happening, who’s feeling the squeeze, and how to stay ahead with Financial Modeling Prep’s APIs. 1. Tariff Pass‑Thr...
Jul 1, 2025 1:39 AM - Parth Sanghvi
Stocks keep climbing even as investor sentiment gauges lag, yet Yarndeni Research argues the “Fed put” is alive and well—ready to soften any tariff‑driven slowdown. Here’s a concise, data‑driven look at why the bull run has room to run and how to automate your insights. Sentiment vs. Price Action...
Jul 1, 2025 1:38 AM - Parth Sanghvi
The U.S. dollar fell to its weakest versus the euro since September 2021, weighed down by fiscal concerns over the new spending bill, trade‑deal uncertainty and growing bets on Fed rate cuts. Here’s a deeper look at the forces at work, the currency‑market implications and how to automate your monito...
Jul 1, 2025 1:38 AM - Parth Sanghvi
Nike beat Q4 expectations, shares jumped 9% premarket, and management says the worst of its turnaround is over. Here’s a mobile‑first, ultra‑concise guide—with two key APIs to power your analysis. Turnaround Drag Has Peaked Sales fell 12% to $11.10 billion but beat forecasts. CEO Hill: “It’s tim...
Jul 1, 2025 1:37 AM - Parth Sanghvi
Market Overview: Geopolitics Overshadow Record U.S. Rally Most Asian stock markets edged higher on Tuesday, taking cues from Wall Street’s record run. However, gains were tempered by looming trade tensions, with a July 9 tariff deadline set by U.S. President Donald Trump keeping investor sentimen...
Jul 1, 2025 1:36 AM - Parth Sanghvi
Market Summary: Wall Street Caps Q2 With Momentum The S&P 500 surged to a fresh record on Monday, closing at 6,204.94, driven by a fading threat of global trade wars and rising expectations of a Federal Reserve rate cut by September. All three major U.S. indices ended higher, with the Dow Jones I...
Jul 1, 2025 1:35 AM - Parth Sanghvi
Wall Street Watches as Tesla Delivery Numbers Loom Tesla Inc. (NASDAQ:TSLA) is set to release its second-quarter vehicle delivery data on Wednesday, a crucial litmus test for the electric vehicle (EV) giant as it battles demand uncertainty, regulatory scrutiny, and the high-stakes personal brand ...
Jul 1, 2025 1:35 AM - Parth Sanghvi
Apple’s AI Independence Under Review Apple Inc. (NASDAQ:AAPL) is reportedly exploring a strategic shift in its AI roadmap, potentially outsourcing core capabilities of Siri to third-party large language models like Anthropic’s Claude or OpenAI’s ChatGPT. According to a Bloomberg report, Apple is ...
Jul 1, 2025 1:35 AM - Parth Sanghvi
Precision Strike Demand Fuels Raytheon’s Defense Backlog Raytheon (NYSE:RTN) has secured a $49.79 million firm-fixed-price contract modification to support full-rate production of its Standard Missile-6 (SM-6) tactical systems for the U.S. Navy, reinforcing the company’s position as a key defense...
Jul 1, 2025 1:33 AM - Parth Sanghvi
A Strategic Restructuring to Preserve Silicon Carbide Leadership Wolfspeed Inc. (NYSE:WOLF) shocked markets Monday by filing for Chapter 11 bankruptcy protection—and yet, shares surged over 150% in pre-market trading. The move is part of a prepackaged restructuring plan designed to cut nearly $4....
Jul 1, 2025 1:32 AM - Parth Sanghvi
Tech Leads Market Gains as Canada Pauses Digital Tax to Restart Trade Talks Global equities surged to intraday record highs on Monday, buoyed by optimism surrounding U.S. trade negotiations and a strategic pause by Canada on its controversial digital services tax targeting American tech firms. Th...
Jul 1, 2025 1:32 AM - Parth Sanghvi
Lemonade Inc. shares jumped nearly 5% in premarket trading after the company announced a strategic overhaul in its reinsurance structure, effective July 1. The AI-driven digital insurer plans to cut its ceded quota share reinsurance from approximately 55% to 20%, enabling it to retain more underwrit...
Jul 1, 2025 1:31 AM - Parth Sanghvi
Meta Platforms Inc. (NASDAQ: META) is doubling down on its AI ambitions. According to insider reports, CEO Mark Zuckerberg has reorganized the company’s artificial intelligence efforts into a new unit titled Meta Superintelligence Labs, appointing Alexandr Wang, former CEO of Scale AI, as its Chief ...
Jul 1, 2025 1:31 AM - Parth Sanghvi
In a strategic pivot ahead of a key July 9 deadline, U.S. trade officials under President Donald Trump are pursuing narrower, phased trade agreements instead of sweeping bilateral pacts. According to the Financial Times, the move is aimed at avoiding the automatic reimposition of steep reciprocal ta...
Jul 1, 2025 1:30 AM - Parth Sanghvi
Oil prices dropped to their lowest levels in three weeks on Tuesday, erasing gains made during the recent Israel-Iran conflict, as easing geopolitical tensions and expectations of a production boost from OPEC+ weighed on sentiment. Brent and WTI Retreat At last check: Brent crude futures (S...
Jul 1, 2025 1:29 AM - Parth Sanghvi
Progress Software Corp. (NASDAQ: PRGS) reported better-than-expected earnings for the second quarter of fiscal 2025, reinforcing its position as a steady performer in the application development and digital experience space. Q2 Snapshot: Earnings Beat, Revenue Steady Earnings Per Share (EPS): ...
Jul 1, 2025 1:29 AM - Parth Sanghvi
Concentrix Corporation (NASDAQ: CNXC) reported mixed financial results for its fiscal second quarter, narrowly missing Wall Street’s earnings expectations but delivering a slight revenue beat. The company reaffirmed its long-term growth plans with strong guidance for the remainder of the year. Q2...
Jul 1, 2025 1:28 AM - Parth Sanghvi
Walgreens Boots Alliance (NASDAQ:WBA) posted stronger-than-expected fiscal third-quarter results, supported by aggressive cost-cutting measures and solid group-wide revenue. The results come as the company moves closer to its planned $10 billion buyout by private equity firm Sycamore Partners, signa...
Jul 1, 2025 1:27 AM - Parth Sanghvi
Lindsay Corporation (NYSE:LNN) delivered a strong fiscal third-quarter performance, driven by exceptional growth in its international irrigation segment, particularly in the MENA and South American regions. The company comfortably outpaced both earnings and revenue estimates, signaling renewed momen...