Meta and Giphy
US company Meta has applied for a review of the UK Competition and Markets Authority's (CMA) decision to sell animated image service Giphy in order to comply with antitrust l...
Twitter in 2022
Twitter shares (TWTR) have fallen 40% in the last half year and ended 2021 at a low, but in 2022 Wall Street analysts predict a rise of at least 23% and many target Twitter stock prices 56% above the current price.
For Twitter share...
Trading on Wednesday
US stock futures are trading lower a day after the Dow Jones climbed to its second record high in 2022.
Major futures indices anticipate a 0.1% decline when Wall Street starts trading on Wednesday.
Traders will be keeping an e...
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...
Apple's capitalisation
Apple (AAPL) hit the $3 trillion mark in trading on Monday. The highest value on the US stock market today. Wall Street analysts point to Apple's record cash flow figures and share buyback programme on the list of arguments fo...
Trading Assertio shares
Shares of Assertio Holdings Inc. ASRT closed today 21.6% higher than at the end of yesterday. The stock is now up 21.6% YTD, up 85.3% in the last 12 months and up 26.4% in the last five years.
The stock has traded between $2...
Scamming Theranos for investors
A jury in San Jose, on Monday convicted Elizabeth Anne Holmes, businesswoman, founder and CEO of biotechnology company Theranos, of defrauding investors, accordin...
Richest man alive
The fortune of US entrepreneur Elon Musk has increased by $32.6bn to $304.2bn over the day as a result of a significant rise in his Tesla stock. This was revealed by Forbes' real-time billionaire ranking.
Musk as a result has once...
Record deliveries
The number of electric cars Tesla handed over to customers in 2021 is 936,172, almost double the previous record of 499,647 cars in 2020. The company said in a statement released on Sunday.
The increase in deliveries was 87%. Mean...
New York City Mayor Eric Adams opened his administration on Saturday by telling residents they would bounce back from the coronavirus pandemic and fix longstanding issues like crime-ridden communities.
"Our government has been dysfunctional for...
McDonald's stock price
Shares of McDonald`s Corp MCD closed 0.9 per cent below a 52-week high of $269.72 today. The company therefore has a market capitalisation of $200 billion. The stock is up 28.0% YTD, 29.1% in the last 12 months and 145.4% in t...
Covid continues to rage
The US ICU bed stock is more than 78% occupied, with more than 22.7% of beds occupied by patients with coronavirus, according to US Department of Health and Human Services data updated Thursday.
...
Staff shortages
As the Omicron strain continues to spread rapidly across New York City, an increase in COVID-19 cases among city transit workers is disrupting underground, bus and ferry service.
The MTA announced its plans to cut services, calling ...
Currency values
The euro fell ahead of Wednesday's holiday and the dollar dropped the yen to a one-month low as investors ignored rising demand for Omicron in another bout of risk appetite.
Risk-sensitive currencies such as the Australian dollar ro...
COVID in New York
The US company Apple has restricted visits to its shops in New York due to the spread of the Omicron coronavirus strain. This was reported by CNBC, citing the company's data.
The company has temporari...
The United States is running out of money to fund the Biden administration’s goal of vaccinating millions of people across the world against COVID-19 by the middle of next year, according to a new report.
In September, Whi...
Closing at a high
Shares of SMART Global Holdings Inc SGH closed 1.7% below its 52-week high of $67.86 today, bringing the company's market capitalisation to $1 billion.
The stock is now up 77.3% YTD, 88.0% in the last 12 months and 396.1% in the l...
New Year in New York City
New Year's Eve celebrations in New York City's main Times Square will be held under heightened health restrictions amid the spread of the Omicron coronavirus strain. A statement to that effect was published on Thursday on t...
Market on holiday
US stock indices ended the shortened week with an increase.
The stock and bond markets will be closed on Friday, Christmas Eve.
There will also be no futures trading on Friday. Trading will resume Sunday at 6 p.m. ET.
Asian stoc...
Tesla shakes out
Tesla (NASDAQ: TSLA) shares are falling as CEO Elon Musk has slowly worked to offload the 10% of his shares he publicly said he was targeting. The stock is down 13.5% over the past month. But the shares rose again on Wednesday morni...
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