The two companies dominate the home improvement retail space, a category where consumer spending typically rises during periods of strong economic confidence.
Indian markets traded sideways on Tuesday with the Nifty hovering below the 25,000 mark. While tech and metals offered support, profit-taking hit railways and defense stocks.
Elon Musk, once a Microsoft intern, returned to the company's stage at Build 2025 to unveil the integration of his xAI chatbot Grok into Azure, marking a surprising new partnership amid his ongoing feud with OpenAI.
SPY is showing strong momentum with a 2024 gain of 29.28%. RSI at 69.32 suggests potential upside; a move to +80 would confirm momentum. Last +80 reading led to continued gains.
Treasury Secretary Scott Bessent made fresh clarifications on the country's evolving trade posture, particularly in relation to China, and the reshoring of critical supply chains.
The company increased its Bitcoin and cryptocurrency holdings to $4.5 million, reinforcing its strategy to hedge against currency fluctuations and improve shareholder value.
U.S. stock markets ended the day higher, with the S&P 500 logging its fifth straight gain. The Nasdaq led the charge, jumping 4.36% to close at 19,215.46.
First Solar (FSLR) fell 7.3% — the top decliner in the S&P 500 index — while Enphase Energy (ENPH) and Sunrun (RUN) slipped by 3.2% and 7.8%, respectively.
The brokerage believes the S&P 500's upside through the 6,100 mark depends on continued reacceleration in earnings revisions, as interest rate relief remains elusive.
