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Tag: Stock

Oil prices surge, stock futures slide after U.S. strikes Iran
  • World News

Oil prices surge, stock futures slide after U.S. strikes Iran

eriinfo.com21 hours ago04 mins

The price of oil surged Sunday after U.S. and Israeli strikes on Iran, which killed its supreme leader. U.S. crude oil soared 12%, while Brent, the international oil benchmark, surged 14% after trading began at 6 p.m. ET. Sunday. Even before the weekend’s escalation, oil prices had risen 17% this year off President Donald Trump’s…

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Tech stock rally set for a test as Nvidia results due
  • Tech

Tech stock rally set for a test as Nvidia results due

eriinfo.com5 days ago08 mins

A bounceback by tech stocks around the world helped drive equity markets higher on Wednesday, 24 February, and set the scene for Nvidia’s earnings report, while investors set aside their concerns around US tariffs – at least for now. File photo: People sit near an electronic board showing stock market index at the Indonesia Stock…

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Roku stock surges on earnings beat, record premium subscriptions
  • World News

Roku stock surges on earnings beat, record premium subscriptions

eriinfo.com2 weeks ago04 mins

Shares of Roku jumped 8% on Friday after the video streaming company posted fourth-quarter results that trounced analysts’ expectations and offered strong guidance. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 53 cents vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion “The biggest driver of our subscriptions…

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Asia stock markets track losses on Wall Street as AI fears hit sentiment
  • World News

Asia stock markets track losses on Wall Street as AI fears hit sentiment

eriinfo.com3 weeks ago03 mins

An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets traded mostly lower Friday, tracking Wall Street declines, as fears over artificial intelligence disruption drove the S&P 500 to a third straight day of losses. Certain pockets of the U.S. stock market have been hit this year by…

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Africa: Aradel, Lafarge Africa, Fcmb Group Top Stock Pick This Week
  • Africa

Africa: Aradel, Lafarge Africa, Fcmb Group Top Stock Pick This Week

eriinfo.com3 weeks ago05 mins

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. Last week, Nigerian stocks posted their strongest weekly gain this year as positive market sentiments built on broadly impressive corporate results. Save for the insurance index, all the sector…

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Google stock wraps best year since 2009 as AI excites Wall Street
  • World News

Google stock wraps best year since 2009 as AI excites Wall Street

eriinfo.com2 months ago09 mins

Google CEO Sundar Pichai waves as he arrives at the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 11, 2025. Benoit Tessier | Reuters After a tough start to the year, Google closed out 2025 with its strongest performance — from Wall Street’s perspective — since 2009, when the company’s shares doubled…

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Trump halts wind projects including Coastal Virginia Offshore Wind, Dominion stock drops 4%
  • World News

Trump halts wind projects including Coastal Virginia Offshore Wind, Dominion stock drops 4%

eriinfo.com2 months ago03 mins

Dominion Energy’s wind turbines located 27 miles off of Virginia Beach in the Atlantic Ocean on July 17, 2023. Kendall Warner | Virginian Pilot | Getty Images The Trump administration on Monday halted Coastal Virginia Offshore Wind, the largest project of its kind in the U.S., as well as four other projects off the East…

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Micron stock pops on earnings blowout as AI memory demand soars
  • World News

Micron stock pops on earnings blowout as AI memory demand soars

eriinfo.com2 months ago03 mins

The Micron logo is seen displayed at the 8th China International Import Expo. Sheldon Cooper | Lightrocket | Getty Images Micron Technology‘s stock jumped 10% after the company signaled robust demand for its memory chips and blew away fiscal first-quarter estimates. During an earnings call with analysts, Micron, which makes memory storage used for computers…

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Beta stock jumps on motor deal with air taxi maker Eve Air Mobility
  • World News

Beta stock jumps on motor deal with air taxi maker Eve Air Mobility

eriinfo.com3 months ago01 mins

Beta Technologies shares surged more than 8% after air taxi maker Eve Air Mobility announced an up to $1 billion deal to buy motors from the Vermont-based company. Eve, which was started by Brazilian airplane maker Embraer and is now under Eve Holding, said the manufacturing deal could equal as much as $1 billion over…

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Nvidia stock falls 4% on report Meta will use Google AI chips
  • World News

Nvidia stock falls 4% on report Meta will use Google AI chips

eriinfo.com3 months ago05 mins

Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press conference during the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Woohae Cho | Getty Images News | Getty Images Nvidia shares fell on Tuesday after The Information reported that Meta is considering using chips designed by Google. Shares…

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