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Ports strike could have $4 billion daily impact, but these container stocks are well positioned

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An impending strike at U.S. East Coast and Gulf ports poses a potential daily cost of $3 billion to $4 billion to the U.S. economy, Jefferies said.

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Phunware stock climbs 18% after mobile-advertising company touts generative AI

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Shares of Phunware Inc. rose 17.6% on Wednesday after the mobile-advertising software company gave a business update and announced the development of a new generative-AI platform.

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ETFs that buy Chinese stocks struggle lately amid ‘lost faith’ in China stimulus

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Chinese stocks are under pressure lately, with declines this month eroding gains from the massive rally sparked by China’s stimulus announcement in September.

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Space stocks climb again as ‘momentum sector’ drives gains

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Space stocks were climbing again Wednesday as the sector resumed its recent rally against a backdrop of several high-profile launches. 

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