US stock market
The Dow Jones was up 0.04% at the close on the New York Stock Exchange, the S&P 500 was up 0.30% and the NASDAQ Composite was up 0.35%.
The top gainers among Dow Jones index components in yesterday's trading were Salesforce.com ...
Cryptocurrency in cinemas
AMC Entertainment (NYSE:AMC) is set to start accepting bitcoins in cinemas to appeal to an army of Reddit investors who have backed the company's stock price, The Wall Street Journal reports.
CEO Adam A...
Progress in the economy
Two Fed officials noted progress in the US economy on Monday, predicting when the central bank will begin cutting bond purchases and raising the benchmark interest rate.
On Monday, US stock indices were affected by...
Share price rises
Moderna shares hit a new high on Monday, ending trading up 17% on news of Australia ordering 25 million Moderna vaccines from COVID-19 and recent research showing greater efficacy from the Delta strain of Moderna vaccine than Pfize...
Uber's business
Uber shares fell after the report, repeating the trajectory of its smaller rival Lyft. Despite the good quarterly results, investors saw warning signs for the profitability of Uber's business.
Uber Technologies (UBER) posted higher ...
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...
State of the stock market on Thursday
Facebook (NASDAQ:FB) shares fell 3.1% on the New York Stock Exchange premarket on Thursday after the social media giant warned of a significant slowdown in revenue growth in the current third quarter and next.
...
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...
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...
Hong Kong dual listing
Shares in Xpeng Motors rose 4 per cent on Wednesday amid reports that the Hong Kong regulator has approved the carmaker's listing on the Hong Kong Stock Exchange. Going public on the Asian exchange will allow Xpeng 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...
Chinese stock market
Chinese shares ended Wednesday's trading lower, led by the materials and health care sectors, as investors were concerned about overvalued securities and the upcoming US Federal Reserve meeting results.
The Shanghai Composite i...
Orphazyme's meme shares
Shares in Danish biotech company Orphazyme (CSE:ORPHA) fell immediately by 36.65% to 51 DKK at the opening of trading on Monday, 14 June on the Copenhagen Stock Exchange.
A little late...
Corporate tax
The G7 countries on Friday formally approved a global minimum corporate tax rate of 15 per cent. This means that multinational companies like Google, Facebook, Apple and others must pay this minimum tax in ...
Shares have risen 15-fold
Shares in small Danish firm Orphazyme surged almost 15 times in value during Thursday's trading session on New York's Nasdaq electronic exchange. As Bloomberg reported on Friday, representatives of the f...
GameStop shares
GameStop on Wednesday reported a 25% rise in sales, a reduction in losses and the appointment of former Amazon executives to top management positions. However, this does not make up for the company's problems, which intends ...
Inflation in the world
The Organisation for Economic Co-operation and Development (OECD), which has 36 member countries including the US, Canada, the UK and Germany, reported a rise in inflation to 3.3% in April, the fastest...
Li Auto's earnings
Li Auto reported first-quarter 2021 revenues above Wall Street expectations. Li Auto's electric vehicle sales were up 334% year-on-year but down 15% quarter-on-quarter. Li Auto gave a strong outlook for the second q...
NVIDIA to date
NVIDIA shares rose last week on strong valuations from analysts and the announcement of a 4-to-1 stock split. This Wednesday, Nvidia reports firt quarter earnings profits are expected to be record highs.
NVIDIA (NVDA) is&nb...
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