Shares plunge
Micron Technology (MU) shares fell sharply after the company reported a record quarter but gave a forecast well below and worse than analysts' expectations. Wall Street experts pointed out the problems and lowered their target prices f...
US stock indices continued to rise on Thursday
As investors embraced the Federal Reserve's plans to cut asset purchases and raise interest rates. The Dow Jones Industrial Average index rose 230 points, or 0.67%, while the&nb...
Crisis in the making
Nasdaq Composite, S&P 500 and Dow Jones fell sharply on Monday, with the financial sector hardest hit shares of major US banks JPMorgan Chase (JPM), Goldman Sachs (GS) and others fell by 3% or more. The market sees risks in ...
Stock market on Tuesday
Major stock indices recovered from a slight decline on Tuesday on the back of three bad government reports concerning the US economy.
Major US stock indices recovered very quickly after a small decline on Tuesday despite a s...
Li Auto has record sales
Shares in Li Auto, the Chinese electric car maker, fell 1 per cent on Monday amid reports of record sales but posting a loss, while analysts had expected a break-even. Li Auto says it plans to expand in Europe.
Li Auto (LI)...
The US stock market on Friday
Trading ended Friday with gains in the oil and gas, commodities and financial sectors.
At the close of trading on the New York Stock Exchange, the Dow Jones gained 0.69%, the S&P 500 index rose 0.88%...
Fed buying cuts in 2021
In an online conference replacing the traditional one in Jackson Hole, Fed Chairman Jerome Powell announced the start of asset purchase rate cuts this year.
Major stock market indices, the Dow Jones, S&am...
The US stock market on Tuesday
Tuesday's trading closed with gains in the oil and gas, commodities and consumer services sectors.
The Dow Jones rose 0.09%, the S&P 500 rose 0.15% and the NASDAQ Composite rose 0.52% at the close of tra...
Stock market trading on Thursday
The Dow Jones Industrial Average US stock index fell for the third straight session on Thursday, while gains in technology stocks contributed to gains in the S&P 500 and Nasdaq.
The Dow Jones Indu...
Nvidia's earnings
The world's largest maker of graphics microchips for video games and artificial intelligence chips for data centres Nvidia Corp (NASDAQ:NVDA) on Wednesday reported second-quarter revenue...
Authorities put pressure on Alibaba Group
Alibaba (BABA) shares on the US exchange NYSE fell 4.9 per cent on Tuesday, to two-year levels, due to the release of tougher antitrust rules from China. Market analysts point to fiv...
Fall after company report
Shares in Lucid Motors (LCID) continued to decline on Tuesday after the electric car start-up, led by former Tesla chief technology officer, reported its quarterly results. Investors and analysts are finding it difficult to...
Revenue and share price
Airbnb reported a 300% increase in second-quarter revenues compared with the crisis period in 2020. The company's losses also fell more than Wall Street expected.
Shares in Airbnb (ABNB), a digital platform for booking accom...
Share price, earnings and forecasts
Data analytics company Palantir (PLTR) has released its second-quarter financial report, which pleased investors. Palantir's customer base is growing, allowing the company to scale.
Palantir (PLTR) shares, up 18....
Robinhood & Say Technologies
There's a lot of similarity between the stock market debut of Robinhood Markets (NASDAQ:HOOD) and the IPO of Facebook (NASDAQ:FB) over 9 years ago: both were met with a chill from investors, Robinhood shares started ...
Inflation rises
The US Department of Labour said on Wednesday that consumer prices rose 0.5% last month, slowing down from June's 0.9% increase. Economists' forecasts came true.
The release of US inflation data for July was the key event for financ...
Partnership between Google and Workday
Google (NASDAQ:GOOGL) Cloud and Workday (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, have announced a strategic partnership that will enable many companies arou...
DraftKings & Golden Nugget
DraftKings (NASDAQ:DKNG) has decided to acquire Golden Nugget Online Gaming (NASDAQ:GNOG) for $1.56 billion, CNBC reports.
Through this acquisition, DraftKings will be able to attract more than 5 million Golden&n...
Nikola's shares
Hydrogen-fuelled truck start-up Nikola reported its quarterly results on Tuesday, posting a loss and halving its year-end delivery forecast to just 25-50 units.
Nikola (NKLA) is a developer and manufacturer of zero-emission battery-...
Profit in the second quarter
CVS Health Corp (NYSE:CVS) reported second-quarter results on Wednesday that beat analysts' estimates. The earnings figure beat forecasts.
The company reported $2.42 earnings per ...
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