2 experts explain why the company whose ship blocked the Suez Canal has seen its stock surge 28% since the incident started
Shares of Evergreen Marin.....»»
With ship now freed, a probe into Suez Canal blockage begins
Experts boarded the massive container ship Tuesday that had blocked Egypt’s vital Suez Canal and disrupted global trade for nearly a week, seeking answers to a single question that could have billions of dollars in legal repercussions: What went wrong?.....»»
Oil Tanker Rates Surge As Suez Canal Blockage Continues
Oil Tanker Rates Surge As Suez Canal Blockage Continues Submitted by OilPrice.com, Oil product tanker rates have surged almost double since a giant container ship ran aground the Suez Canal on Tuesday, blocking traffic on th.....»»
Latest satellite images show efforts to free the giant container ship, Ever Given, stuck in Suez Canal
High-resolution photos taken from space on the morning of March 27, show the stricken vessel and the traffic jam of ships caused by the blocked Suez Canal. Container ship Ever Given stuck in the Suez Canal, Egypt on March.....»»
Capitol Report: U.S. Navy plans to send team to help with blocked Suez Canal: report
The White House on Friday says the U.S. has offered assistance to Egypt on reopening the Suez Canal, as CNN reported that U.S. Navy dredging experts could visit the trade waterway as soon as Saturday to help out......»»
Futures Movers: Oil gains as shipping remains at a halt in the Suez Canal, but U.S. prices log a weekly loss
Crude-oil futures finished higher Friday as a 220,000 ton cargo ship blocked the Suez Canal for a fourth straight day and efforts to dislodge one of the world's largest container vessels from the critical trade waterway proved unsuccessful......»»
Suez Canal blocked as massive cargo ship turns sideways
The Ever Given had listed its destination as Rotterdam in the Netherlands prior to getting stuck in the canal......»»
A huge container ship has accidentally blocked the Suez Canal, one of the world’s most important shipping lanes
Ever Given, a nearly 200-foot-wide and 1,300-foot-long cargo ship has caused a logjam in the canal, which directly connects Europe to Asia. Ever Given, the large yellow vessel pictured, stuck in the middl.....»»
Even Carver Bancorp Can"t Explain The Stock"s 260% Rise
Carver Bancorp Inc (NASDAQ: CARV) stock dropped 17 percent on Friday morning after the company on Thursday afternoon issued a press release addressing the recent surge in trading activity read more.....»»
GM’s Shares Surge 25% In 2024
It’s been a tough year for car stocks. Even Toyota (NYSE: TM), often viewed as the best-run car company in the world, saw its shares dip recently. However, its stock is up 19% year to date. That is well below the st.....»»
This Nvidia Partner And Bitcoin Miner Stock Could Surge By 50%, Say Analysts
Frankfurt-based tech company Northern Data (OTC:NDTAF) has seen a significant change in its business model, which has caught the eye of investment bank Berenberg. read more.....»»
Citi Predicts 280% Surge For This High-Risk, High-Reward Stock: Is This The Next Big Investment Opportunity?
Despite the recent challenges faced by S4 Capital, a UK-based digital advertising and marketing services company, Citi analysts believe that the stock could witness a significant upside of 280%, setting a price target of 230 pence read more.....»»
Best AI Stock to Buy: Nvidia vs. Symbotic
For investors looking for a top AI stock to buy, Nvidia (Nasdaq: NVDA) and Symbotic (Nasdaq: SYM) are two top options that often come to mind. As the world’s third-largest company, and the primary beneficiary of the AI surge, .....»»
Aveanna Healthcare stock slips as most analysts initiate will bullish rating, but a lead underwriter"s analyst is neutral
Shares of Aveanna Healthcare Holdings Inc. dropped% in afternoon trading Monday, even as almost all of the analysts who started covering the home-care company recommended buying. The stock has closed every day, .....»»
The Ever Given"s owner has blamed the Suez Canal Authority for the blockage, saying it wrongly allowed the ship to enter the area during poor weather conditions
Lawyers representing the Ever Given's owner said the ship should have been chaperoned by at least two tug boats, "but this didn't happen." The Ever Given in .....»»
GameStop stock is jumping after the company"s official Twitter appeared to acknowledge its recent surge - and Wall Street Bets is back in a tizzy
GameStop tweeted a p.....»»
The Suez Canal will be widened by 131 feet to avoid a repeat of the Ever Given chaos, authorities say
The Suez Canal Authority said this week it plans on widening and deepening parts of the waterway to improve the movement of ships in the area. Container ship Ever Given stuck in the Suez Canal, Egypt on .....»»
Earnings Results: Peloton posts loss, stock falls in late trading
Peloton Interactive Inc. sales more than doubled in the first three months of the year, but the company reported a surprising loss for the period Thursday amid difficulties with delivering products during a pandemic surge in demand......»»
Ever Given crew members whose work contracts have expired allowed to leave the impounded ship and return home
The Suez Canal Authority has granted permission for three crew members of the impounded Ever Given container ship to disembark. Lt. Gen. Ossama Rabei, head of the Suez Canal Authority (second right) speaks to other staff.....»»
Suez Canal bosses deny holding the Ever Given crew to ransom, saying they"re free to leave as long as there"s enough to run the ship
As unions call for more of the Ever Given's crew to be allowed to leave the ship, the Suez Canal Authority has denied they are being detained. A satellite view of the Ever Given in the Suez Canal.....»»
These photos show the impact of shipping delays on stores, with empty shelves and items like bikes and outdoor decor out of stock
COVID-19 and the Suez Canal blockage have disrupted the global supply chain and changed demand. Mary Meisenzahl/Insider I visited four stores to see how shipping delays and worker shor.....»»