Major Stock Moves
Witness Monday's rising stock futures following the S&P 500's impressive month of gains. Stay tuned as Wall Street focuses on earnings from tech giants Apple and Amazon.com, along with the highly anticipated monthly U.S. jobs r...
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...
Schedule for the week
Stocks were very volatile last week and market analysts are predicting a further "transitional period".
The S&P 500, Dow Jones ended last week up 0.77%, 1.34% and the Nasdaq Composite was virtually unchanged, market volati...
Schedule for the week
This week the stock markets will be awaiting a slew of reports from major US companies. Investors should pay attention to reports from Apple, Microsoft, Amazon, Google and Facebook as they will aff...
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...
Sustainable infrastructure investments
Generate Capital, a green infrastructure investment company, announced on Monday that it has raised $2 billion in new funding.
The new funding brings the company's balance sheet close to $10bn after a $1bn rou...
Starbucks earnings
US-based Starbucks Corp (NASDAQ:SBUX). which owns the world's largest coffee chain, saw its net profit for the first quarter of fiscal 2021, which ended on December 27, 2020, decline 30% to $622.2 million, or 53 cents per share, f...
Company forecasts
Starbucks has given high profit forecasts for 2022-2024 and confirmed its growth forecast for 2021. The global coffee chain plans to open more than 20,000 new locations in the ...
New law
The US House of Representatives has passed a new law according to which companies may be excluded from the US stock exchanges if the regulatory authorities are unable to verify their financial audit.
This week the US House of Representative...
New York Stock Exchange
At the NYSE pre-market on Thursday, Sonos shares (NASDAQ:SONO) soared 21% after a loudspeaker manufacturer reported good earnings in the fourth quarter of the fiscal year as people began to invest more in home audio systems d...
In a sign that the coffee giant is moving ahead and outstripping wage growth across the country, Starbucks announced a pay increase for its employees.
Salaries will be increased by 10% for all front office employees hired from September and the star...
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