Marriott revenue below expectations
US-based Marriott International Inc (NASDAQ:MAR). the operator of the world's largest hotel chain, returned to profitability in the second quarter of 2021 amid renewed demand for summer travel.
Accordin...
More than the IPO price
Only 1.3% of Robinhood Markets Inc (NASDAQ:HOOD) users participated directly in the online trading app's IPO.
According to the publication, 301,573 customers of the online broker bought sha...
Robinhood shares
One of the most anticipated IPOs of 2021 for Robinhood, a popular trading app, was followed by an 8.4 per cent drop in shares at the close of trading on Thursday.
Shares i...
Facebook's earnings
Facebook reported record revenue growth in the second quarter. However, Facebook shares fell after the company's chief financial officer warned that it expected a "significan...
Revenue growth and forecasts
Microsoft reported stronger fourth fiscal quarter results than Wall Street expected on Tuesday. Component shortages for Xbox and Surface were offset by strong sales of Azure, software products and dig...
Trading on NASDAQ
Shares in Lucid Motors rose 10.6 per cent on Monday in its first day of trading on the NASDAQ exchange. The company has become the fourth most valuable electric car m...
Ahead of reports
Stock futures declined in early morning trading on Tuesday on the back of upcoming quarterly earnings reports from several technology companies.
Dow Jones futures were down 205 points, S&P 500 and Nasdaq 100 futures also traded...
On the eve of an IPO
Robinhood, whose investment app allows you to trade stocks and cryptocurrencies, held an unconventional public roadshow, inviting all potential investors.
Robinhood's initial public offering, or IPO, wi...
Record update
Futures on the Nasdaq high-tech index hit an all-time high on Friday on the back of strong quarterly results from social media operators and in anticipation of US business activity...
Lucid Motors' exit to the stock exchange
Electric car maker Lucid Motors was about to go public on the New York Stock Exchange through a merger with SPAC company Churchill Capital Corp IV. However, some of Churchill Capital's shareholders declined t...
Marketplace for stock trading
Exchange operator Nasdaq Inc. plans to spin off its private equity marketplace into a separate segment in partnership with a group of US banks, including Goldman Sachs G...
Correction in the US market
After the US Federal Reserve expressed confidence in the economic recovery some time ago and signalled that a tightening of its already ultra-soft monetary policy would begin somewhat earlier than planned, US stock indice...
Friday trading
US stock indices ended Friday's trading lower on inflation concerns. The second quarter reporting season also remains in the spotlight. This week, major US banks and a number of other companies ...
Trading on Tuesday
US stock indices declined in trading on Tuesday, retreating from recent records. Investors were assessing June US inflation data as well as quarterly reports from some of the country's largest banks.
US consumer prices (CPI) jump...
Soda demand
PepsiCo Inc (NASDAQ:PEP) raised its earnings forecast for 2021 on Tuesday, betting on rising demand for carbonated drinks in cinemas, restaurants and stadiums as viewers return after the easing of ...
Large-company stocks
US stock indices rose in trading on Wednesday, with the S&P 500 and Nasdaq Composite reaching record highs at one point in the session.
The Dow Jones Industrial Average index rose 25.00 points (0.07%) to 34602.37 points.
T...
US inflation surge
Fed Chairman Jerome Powell, speaking to a House subcommittee, reiterated that the current spike in US inflation is temporary and due to last year's fall in prices. T...
Stocks of companies on the stock exchange
Amazon (NASDAQ:AMZN) shares gained 0.2% on the New York Stock Exchange premarket after the e-commerce giant launched its two-day Prime Day event, which last year brought it $10.4bn in gross sales.
Shares of...
US indices
The US stock market closed on Friday lower, with the Dow Jones Industrial Average suffering its biggest weekly loss since October 2020. The market was pressured by fears that the US Federal Reserve ...
Interest rate hike
At the end of the meeting, the Fed brought the timing of the interest rate hike closer to 2023 from 2024. The US central bank also raised its forecast for overall inflation to 3.4%. The stock market w...
NEW YORK NEWS
News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova
Development Director
