Author: News Room

Shares of Dow and Home Depot are seeing strong returns Wednesday morning, lifting the Dow Jones Industrial Average into positive territory. The Dow DJIA is trading 166 points, or 0.5%, higher, as shares of Dow DOW and Home Depot HD have contributed to the index’s intraday rally. Dow’s shares have risen $1.14, or 2.0%, while those of Home Depot are up $3.78, or 1.3%, combining for an approximately 32-point boost for the Dow. Also contributing significantly to the gain are Walt Disney DIS, Goldman Sachs GS, and Visa V. A $1 move in any one of the 30 components of…

US forces captured an ISIS operative and two of his associates in eastern Syria on Saturday evening, the US military announced on Wednesday. The operative, Hudayfah al Yemeni, is an “ISIS attack facilitator,” a news release from US Central Command said. He and his associates were captured by US forces during a helicopter raid on Saturday. Their capture will “disrupt” ISIS’ “ability to plot and carry out operations,” according to the release. “Operations against ISIS are important for the security and stability of the region,” Col. Joe Buccino, a CENTCOM spokesperson, said in the release on Wednesday. “ISIS remains a…

US energy secretary Jennifer Granholm said on Wednesday that the federal government could begin buying oil to replenish an emergency stockpile later this year, “if it is advantageous to taxpayers”.The comments indicated that the US could quickly shift tack after completing congressionally mandated sales from the Strategic Petroleum Reserve, ending more than 18 months of historic releases that were designed to hold down petrol prices and counter high inflation. Purchases would start in the second half of the year, Granholm indicated, after the completion of sales “in the June-July timeframe.“Then we will look to take advantage of prices if it…

Energy Transfer LP (NYSE:ET) is one of the largest midstream master limited partnerships in the United States. The company boasts a network of infrastructure that stretches across much of the Central and Eastern regions of the nation. This is a good place to be in, as a significant part of this infrastructure is dedicated to natural gas, which makes this likely to be a growth area for the company as demand for natural gas is growing rapidly. This is important as the demand for natural gas is growing rapidly across both regions due to a number of liquefied natural gas…

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RobotEra has garnered a lot of attention from the crypto and gaming communities alike. This gaming ecosystem provides an immersive virtual universe that enables users to explore and interact with other players as a unique NFT-based avatarRobotEra is shaping up to be the most popular and biggest metaverse crypto project with massive investment appeals.The Metaverse World of RobotEra The RobotEra is a decentralized metaverse-based gaming platform that integrates a Sanbox-like virtual real estate setup. The metaverse ecosystem introduces members to a virtual planet called Taro. Taro was once a flourishing planet with friendly dwellers until a group of robots invaded the planet in a…

The judge overseeing Dominion Voting Systems’ massive defamation case against Fox News said Wednesday that he plans to appoint an outside attorney to investigate whether the right-wing network lied to the court to withhold key evidence, after repeatedly expressing exasperation and frustration with Fox’s attorneys. “I am very concerned… that there have been misrepresentations to the court. This is very serious,” Delaware Superior Court Judge Eric Davis said Wednesday at a pretrial hearing in Wilmington. The extraordinary move, on the brink of the trial starting next week, is the latest blow to Fox News as it tries to fend off…

Warner Bros. Discovery on Wednesday unveiled its new blended streaming service of HBO Max and Discovery+, called “Max.”Warner Bros. Discovery executives have been planning to combine HBO Max and Discovery+ for more than a year as part of the rationale for merging Discovery Communications and WarnerMedia, which was divested from AT&T in April 2022. The new service will launch on May 23. “Max is the one to watch, because it’s home to shows that have a supersized effect on people and culture,” Zaslav said during a presentation in Burbank, California. “It’s streaming’s version of must-see TV.” The new streaming platform…

Juul will pay $462 million to settle claims by six states and Washington D.C. that the vaping company marketed its addictive e-cigarettes to underage teens, five Democratic attorneys general announced Wednesday.The agreement is the largest multi-state settlement the company has reached to date, the attorneys general said during a press conference. The deal will impose strict limits on Juul’s sales and marketing abilities, and will force Juul to secure its products behind retail store counters and verify the age of purchasers, the officials added. The states that reached the settlement with Juul are New York, California, Massachusetts, New Mexico, Illinois…

Shares of real estate investment trust (REIT) American Tower (AMT) were last seen 0.9% higher at $212.29, and pacing for their sixth-straight daily win. The equity has added nearly 15.5% over the last six months, and now sports a fractional year-to-date lead. However, traders shouldn’t get excited just yet, as AMT is now trading near a trendline with historically bearish implications. Specifically, American Tower stock is within one standard deviation of its 160-day moving average. According to data from Schaeffer’s Senior Quantitative Analyst Rocky White, the security saw six similar signals over the last three years, and was lower one…