Top companies in the world
Meta's capitalisation fell to $565bn at the end of yesterday's trading, putting it in 11th place.
Meta (formerly Facebook) has dropped out of the world's top 10 companies by market capitalisation, according to Bloomberg c...
Market today
US stock futures are trading higher on Friday, offsetting losses after falling on Thursday on escalating fears over a possible Russian invasion of Ukraine.
Major futures indices are expected to be up 0.5 per cent when the first bell ri...
Retailer's report
Walmart (WMT) shares on Thursday posted their biggest daily gain since 1 September 2020.
Shares in the company, well behind market growth in 2021 but showing a smaller decline since the start of 2022, jumped 4% on Thursday&nb...
Buying stocks
International investors are putting more money into Chinese equities, even as local investors are being cautious in mainland Chinese markets. This was reported by CNBC, citing rese...
52-week low
Annaly Capital Management (NLY) shares closed 1.7% above their 52-week low of $7.16 today, bringing the company's market capitalisation to $10bn. The stock is now down 7.2% YTD, 5.2% in the last 12 months and 21.4% in the last five years...
Intel and Tower Semiconductor deal
Intel Corp. has announced plans to acquire Israeli computer chipmaker Tower Semiconductor for about $5.4 billion.
According to a press release issued by the US company on Tuesday, the acquisiti...
Stocks on the market
US stock indices rose as the conflict between Russia and Ukraine eased and even as the producer price index, the latest gauge of inflation at the wholesale level, rose by 9.7%, reaching a record high the previous month.
The thr...
Audioboom shares
Shares in British podcast platform Audioboom are up more than 20 percent, reaching their highest since listing in December 2005, Bloomberg reported.
Audioboom Group shares on the London Stock Exchange on Monday ...
Earnings this week
This week's market calendar includes financial reports from Nvidia, Walmart, Airbnb, Shopify and others. Investors will look forward to industrial inflation data, US retail sales r...
Ben and Jerry's in Israel
The recent development of the Ben and Jerry's saga in Israel could prompt a Securities and Exchange Commission investigation, which members of Congress from both parties are seeking.
Israeli Justice Minister Gideon Moshe S...
US equity futures on Friday
Major futures indices cut losses the day before, suggesting a 0.4% decline by market opening.
Wall Street retreated on Thursday after news that US inflation jumped 7.5% in January, raising expectations that the Federal R...
NFT and YouTube
Video hosting service YouTube, owned by US company Google, has announced plans to use NFT technology to monetise content created on the platform. This is according to a statement published on the video hosting website ...
Report from Duke Energy
Duke Energy (NYSE:DUK) on Thursday reported Q4 net income of $746 million after reporting a loss in the same period a year earlier.
The electricity and natural gas producer said its net inc...
Shares after the report
After the close of trading on Wednesday, Disney announced its financial results for fiscal year 2022 (ending 2021-12-31) Q1.
Disney (DIS) shares, down 22.36% over the past 12 months, were up 6.64% at the ...
Report from CVS Health
CVS Health Corp. (NYSE:CVS) issued a report on Wednesday with fourth-quarter results that beat analysts' estimates. The earnings figure beat forecasts.
The company reported $1.98 earnings per share an...
Class A shares
Shares in aerospace company Joby Aviation closed 21.1% higher today than at the end of yesterday. The shares are now down 47.4% YTD, 70.5% in the last 12 months and 63.4% in the last five years.
The company's shares have been trading...
Lyft about earnings
Lyft shares fell in after-hours trading on the stock exchange after its financial report. Although Q4 earnings per share and revenue were above analysts' forecasts and 2021 was the year Lyft recovered from the pandemic,...
US stock indices on Tuesday
The S&P 500 and Nasdaq Composite oscillated between losses and gains, while the Dow Jones Industrial Average jumped, led by Amgen, after the biotech giant announced a $6 billion share buyback.
In news of the shakeout...
Nvidia and ARM
The US corporation Nvidia has decided to abandon its acquisition of UK company Arm due to disapproval of the deal by regulators. The Financial Times reported this on Tuesday, citing unnamed...
Calendar for the week
The main stock market event this week will be the inflation report for January. However, economists are forecasting a new record of 7.2%.
Last week the S&P 500 rose 1.55% to close at 4500, the Dow Jones rose 1.05% and the ...
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