Dell increasing prices on surging demand for memory units, Business Insider says

Dell increasing prices on surging demand for memory units, Business Insider says

Starting December 17, Dell Technologies (DELL) is set to hike prices across its commercial product lines, according to an internal list of upcoming price changes sent to staff on December 9 and seen by Business Insider. The list outlines price hikes for Dell’s commercial business – meaning its sales to corporate clients rather than individual … Read more

Dollar Strength and Stock Market Weakness Undercut Crude Oil Prices

Dollar Strength and Stock Market Weakness Undercut Crude Oil Prices

January WTI crude oil (CLF26) on Friday closed down -0.16 (-0.28%), and January RBOB gasoline (RBF26) closed down -0.0077 (-0.44%). Crude oil and gasoline prices moved lower on Friday, with gasoline posting a 4.75-year nearest-futures low.  Friday’s dollar strength weighed on energy prices.  Also, Friday’s stock weakness has dampened optimism about the economic outlook, a … Read more

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Here’s How High Wall Street Thinks the S&P 500 Could Go Next Year

Here’s How High Wall Street Thinks the S&P 500 Could Go Next Year

The S&P 500 (SNPINDEX: ^GSPC) is on track for another strong year in 2025, with its gains thus far sitting at around 16%. It’s continued to hit record levels in large part due to the growth in tech and specifically, artificial intelligence (AI). But amid that growth, there’s been rising concern that perhaps stocks are … Read more

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Rivian (RIVN) Touches New 52-Week High on AI Ambitions

Rivian (RIVN) Touches New 52-Week High on AI Ambitions

We recently published 10 Big Names Leaving Wall Street in the Dust; 4 at Fresh Highs. Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the best performers on Friday. Rivian Automotive saw its share prices jump to a new 52-week high as investors took heart from its artificial intelligence and automation ambitions. At intra-day trading, the … Read more

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