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 ...
Mark Zuckerberg in 12th place
Meta founder Mark Zuckerberg has slipped to 12th on the list of the world's richest people, amid a decline in his company's share price on Thursday. This is according to Forbes' real-time billionaire ranking.
His fortu...
The market on Friday
U.S. stock indices were trending higher again Friday morning as the week will end with one day of fourth-quarter earnings reports.
Today's morning reports include reports from Regeneron Pharmaceuticals, Bristol-Myers Squibb, Ro...
Report and earnings from the advertising business
Amazon shares jumped more than 14% after reporting holiday quarter earnings above analysts' forecasts and a profit of almost $12bn from its inve...
Report from Honeywell
Honeywell (NASDAQ:HON) on Thursday reported fourth-quarter results that beat analysts' estimates. However, the earnings figure fell short of forecasts.
The company reported $2....
52-week high
Shares in New York agribusiness company Bunge closed 0.6% above its previous 52-week high, bringing its market capitalisation to $14 billion.
However, this week's trading volume was 53.9% higher than the 20-day average,&...
Meta Platforms report and shares
Shares in Meta Platforms (FB), formerly Facebook, which has lost 10% in the past six months, fell 22.9% in after-hours trading on Wednesday after the social media giant released a disappointing 20...
Falling after the report
Shares in music service Spotify fell more than 10 per cent to $171.9 after the close of principal trading on Wednesday, February 2, due to the company's weaker-than-expected subscriber forecast.
The service's shares were do...
Market today
US stock indices were volatile in the early hours of Wednesday morning before the opening of trading on Wall Street, with both the Nasdaq and S&P technology indices rising most of the night, but the Dow Jones rising late into the ni...
Company report results
Advanced Micro Devices (AMD) (NASDAQ:AMD) on Tuesday reported fourth-quarter results that beat analysts' estimates. The revenue figure exceeded forecasts.
The company reported $0.92 earnings per share and reven...
Report from the company
Sirius XM released a report on Tuesday with fourth-quarter results that beat analysts' estimates. The earnings figure exceeded forecasts.
The company reported earnings per share of $0.08 and revenues of $2.28bln. Analysts ha...
US stock indices
All three major indices: Dow Jones, S&P 500 and Nasdaq rose at the premarket.
United Parcel Service shares rose after revenue of $27.7bn beat forecasts. UPS also increased its dividend by 49% to 0.50 cents per share.
ExxonMobi...
Cryptocurrency project
Meta (the owner of Facebook) sold its Diem project (formerly Libra) to Silvergate Bank. The corporation planned to launch its own cryptocurrency under this struc...
Company report
Citrix Systems (CS) released its fourth-quarter results on Monday, beating analysts' estimates. The earnings figure exceeded forecasts.
The Citrix reported earnings per share of $1.47...
Xilinx to be bought by AMD
AMD and Xilinx shares rose after Chinese regulators gave preliminary approval to the purchase deal announced more than a year ago.
Advanced Micro Devices (AMD) and Xilinx (XLNX) shareholders received positi...
Schedule for the week
Stocks were very volatile last week and market analysts are predicting a further "transitional period".
The S&P 500, Dow Jones ended last week up 0.77%, 1.34% and the Nasdaq Composite was virtually unchanged, market volati...
Class A shares for the week
Shares in ACV Auctions Inc. (ACVA) is class A closed this week 22.6% lower than at the end of last week. The stock is now down 34.6% YTD, down 60.6% over the past 12 months and down 60.6% over the past five years.
Howeve...
The clothing and footwear manufacturer has reported
VF Corp. (VFC) today reported solid financial results for the third quarter of financial year 2022. However, despite the challenging economic ...
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