News of New York

Joby Aviation shares close up 21,1%
9 February 2022
3367
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...
Market today: Dow Jones rises
8 February 2022
3638
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...
Honeywell's fourth-quarter profit below forecasts
3 February 2022
3495
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....
Stocks rise after UPS and ExxonMobil report
1 February 2022
3451
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...
ACV Auctions shares close the week down 22.6%
29 January 2022
3243
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...
U.S. stock market: Dow Jones, S&P and Nasdaq dipped
28 January 2022
3242
US stock indices on Friday The Dow Jones Industrial Average fell more than 178 points, or 0.5 per cent, while the S&P 500 and Nasdaq Composite fell 0.6 per cent and 0.3 per cent respectively. Caterpillar shares fell after it noted that obstacle...
DPCM Capital closes above 52-week low
13 January 2022
3630
Class A shares Shares of DPCM Capital Inc. closed today 1.7% above its 52-week low of $9.65, giving the company a market capitalization of $294 million. The stock is down 0.1% YTD, 6.7% over the past 12 months and 3.3% over the past five years. Tra...
AT&T stock in 2022
6 January 2022
4485
AT&T recovery Although AT&T's (NYSE:T) merger with TimeWarner in 2018 has been blamed for holding the telecoms giant back for years, the market has not exactly rewarded Mother Bell's decision to divest his WarnerMedia unit and merge it with ...
Shares in New York-based Braze close at a loss
5 January 2022
3958
The company's shares fell Shares in Braze Inc Class A BRZE closed today 10.9% lower than at the end of yesterday. The stock is now down 5.6% YTD, down 22.0% over the last 12 months and down 22.0% over the last five years. The st...
Vericity shares approach lows
21 December 2021
4352
The company's stock is at a low Shares of Vericity Inc VERY closed 0.9% above a 52-week low of $6.61 today, bringing the company's market capitalisation to $99 million. The stock is now down 33.4% YTD, 39.4% in the last 12 months and 17.9% in the la...
Stock futures on Monday
13 December 2021
3191
Stock futures at the start of the week US stock futures rose early in the week after the S&P 500 hit a record high following an inflation reading that was the highest in decades. S&P 500 futures rose 0.2 per cent and Dow Jones Industrial Av...
Companies plan to buy back $1 trillion worth of stock in 2021
26 October 2021
5599
Buying back shares Share buybacks are beneficial to investors because the fewer shares in circulation the more expensive and more valuable they are. 2021 will be the year with $1 trillion in share buybacks in the market. After the COVID-19 pandemic...
Fed's minutes show that stimulus cuts will start in mid-November-December
14 October 2021
4029
Stimulus cut Fed minutes on September showed that if the US economic recovery continues at current levels, the central bank will start cutting bond purchases by 15 billion a month from...
Oracle expands its network of data centres
13 October 2021
6372
New data centres around the world Oracle (ORCL) plans to open 14 data centres over the next year, the fastest growth of any major cloud company. Oracle shares have risen 47.3% since the start of the ...
Stock futures fall ahead of ADP jobs report
6 October 2021
3707
Stocks fall ahead of jobs report US stock futures fell sharply on Wednesday morning as investors awaited the latest labour market assessment. Dow Jones Industrial Average futures fell 350 points, or 1.02%, while S&P 500 and Nasdaq 100 futures f...
A sharp rise in interest rates would affect equities: Goldman Sachs
4 October 2021
5154
Hitting stocks According to Goldman Sachs, a stock market crash would likely require a sharp rise in rates The S&P 500 index has fallen 5 per cent from its all-time high as inflation and potential Fed policy changes have awakened investors to th...
Stock futures rise early in the week
27 September 2021
3420
Futures rise US stock futures rose ahead of the release of data expected to show an increase in demand for durable goods. S&P 500 futures rose 0.3 per cent and Dow Jones Industrial Average futures rose 0.5 per cent. Contracts do not necessarily...
Stocks rise as investors ignore signals of Fed cutbacks
23 September 2021
3758
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...
Stock indices fell on Monday
21 September 2021
3593
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 ...
The stock market continues to rise
2 September 2021
3725
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...
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