News of New York

Oracle and Roblox among premarket losers' pack
16 June 2021
4158
Falling on the premarket Oracle shares fell 5.1% on the New York Stock Exchange's premarket after Oracle predicted its earnings for the current quarter would be below expectations as it ramps up investment in its cloud computing business to&nbs...
Spirit Airlines and Boeing shares rise on pre-market
15 June 2021
4118
New York Stock Exchange premarket Shares in Boeing (NYSE:BA) are up 0.5% following the US and EU decision to end a 17-year dispute over aircraft subsidies for Boeing and its rival Airbus. Biogen (NASDAQ: BIIB) shares were down 0.3% following a fail...
Shares in a Danish company jumped almost 15 times on the New York stock exchange for the day
12 June 2021
3698
Shares have risen 15-fold Shares in small Danish firm Orphazyme surged almost 15 times in value during Thursday's trading session on New York's Nasdaq electronic exchange. As Bloomberg reported on Friday, representatives of the f...
Tesla shares fell on premarket
7 June 2021
4021
NYSE premarket Tesla (NASDAQ:TSLA) shares fell 0.5% on the New York Stock Exchange premarket after CEO Elon Musk announced on Twitter (NYSE:TWTR) that the electric car maker has halted production of the Model S Plaid Plus, which was expected to be T...
US stock indices rose in Friday trading
17 May 2021
5053
Trading results US stock market rallied on Friday but ended the week in the red. The Dow Jones Industrial Average index rose 360.68 points (1.06%) to 34382.13 points. The Standard Poor's ...
Sonos, Vroom rise premarket
13 May 2021
5085
Stock market Prudential (LON:PRU) shares fell 4.3% after the UK-based life insurance company said the spin-off of its US business would not take place until the second half of the year. Alibaba (NYSE:BABA) shares fell 3.1% as China's leading e-comm...
U.S. stock market fell sharply as inflation surges in April
13 May 2021
4711
Market plunges sharply Wall Street fears of rising inflation in the US came true when the government reported a 4.2% jump in consumer price growth in April, the worst rate in 12 years. US s...
Dow Jones index up 0.93%
7 May 2021
4898
Dow Jones index hits record high The Dow Jones on Thursday hit a new record at the close of stock trading for the second day in a row on the back of positive momentum in the US economic recovery. The Dow Jones rose 318.19 points (0.93 per cent) to ...
American Express quarterly profit beat expectations
23 April 2021
4987
American Express revenue American Express Co (NYSE:AXP), one of the leaders in the U.S. plastic card market, posted a six-fold increase in net income in the first quarter to 2.2 billion dollars, or 2.74 dollars per share, compared with 367 million d...
The New York Stock Exchange ended in the green zone
22 April 2021
4858
United States stock market US stock exchanges ended trading in the green zone. S&P 500 rose 0.93% to 4173 points, Dow Jones added 0.93% and NASDAQ rose 1.19%. Almost all sectors showed positive dynamics with the exception of utilities (-0.90%) a...
Lockheed Martin net profit up 6% in Q1
21 April 2021
4789
Lockheed Martin earnings Net income at US military-industrial group Lockheed Martin (NYSE:LMT) Corp. rose 6 percent to $1.8 billion, or $6.56 per share, compared with $1.7 billion, or $6.08 per share, in the same period last year. Lockheed Martin's...
Bank of America's Q1 net profit doubles
15 April 2021
4875
BAC's first-quarter profit Net income of Bank of America Corp (NYSE:BAC). one of the largest U.S. banks, doubled to $8.1 billion, or 86 cents per share, in the first quarter of 2021, up from $4 billion, or 40 cents...
Xpeng Motors unveiled P5 sedan with new autopilot
15 April 2021
4983
New autopilot Xpeng Motors is stepping up competition in China's electric car market with its new P5 sedan, which gets an improved autopilot and LIDAR sensor system for autonomous driving on cit...
Coinbase's share price is valued at $250 ahead of a direct listing on Nasdaq
14 April 2021
5229
Coinbase's shares Cryptocurrency exchange Coinbase's market entry today triggered another jump in cryptocurrencies, with bitcoin rising 5% to $63.22k Analysts have differing opinions, with valuations ranging from $60bn to more than $100bn. Coinbase...
Johnson & Johnson has fallen on pre-market
13 April 2021
5238
New York Stock Exchange premarket Shares in Johnson&Johnson (NYSE:JNJ) fell 2.3% after US health authorities called for the suspension of the drug maker's COVID-19 vaccine because of clotting problems. Altimeter Growth (NASDAQ:AGC) shares rose ...
Alkami Technology to float $150m worth of shares
12 April 2021
4653
Alkami Technology goes public Alkami Technology will IPO on the NYSE on April 14 under the ticker ALKT. Founded in 2009, the company provides more than 150 financial institutions and banks with a complete digital banking solution, ready to facilitat...
US stock trading ended with a drop in indices
7 April 2021
4091
Stock trades Key New York Stock Exchange indices declined in Tuesday's trading session. The correction followed gains on Monday, with investors waiting for a new batch of corporate reports. According to data&...
Nio, Xpeng and Li Auto prepare to raise finance with an IPO in Hong Kong
22 March 2021
3824
Shares of electric car makers surge Shares in Chinese electric car makers Nio, Xpeng and Li Auto rose sharply on Friday amid news of details of their IPO in Hong Kong. The companies are attracting major US investment banks as underwriters. Shares o...
Gett wants to enter the market by linking up with SPAC
12 March 2021
3960
Entering the market Transport company Gett, which wants to become one of the world's leading providers of "mobility solutions", is currently exploring a merger with a company with no particular purpose other than to help other companies with an IPO ...
General Electric shares fell 15% in 3 days
12 March 2021
3779
The company's share price U.S. shares of General Electric Co (NYSE:GE). have fallen 14.6 percent in the past three days after coming close to a 3-year high on March 8. The company made a number of announcements this week that impacted inv...
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