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...
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...
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....
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...
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...
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...
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 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 ...
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...
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 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...
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...
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...
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 ...
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...
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...
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...
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...
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