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...
Total protection
Ride-sharing companies Uber Technologies Inc. and Lyft Inc. are fighting an increase in violent crime and are introducing new security measures and policies to try to better protect drivers.
According to the Federal Bureau of Inves...
Eminem's former estate
A luxury estate in Rochester, Michigan previously owned by both Detroit rapper Marshall Bruce Mathers III (Eminem) and former Kmart CEO, is back on the market for more than $3 million.
The gated home at 5760 Winkler...
Strike by ABetterABK
As Activision Blizzard works to improve its workplace culture, unions are brewing within the video game company A group of workers known as ABetterABK has teamed up with Communications Workers of America and begun asking colleag...
A hospitality industry without workers
We have been hearing about this for months. Business owners are struggling to find workers. A labour shortage puts catering businesses at a standstill during the busy holiday season.
D...
Record fine for Amazon
Amazon (AMZN) shares were down 1.13% on Thursday after the Italian antitrust authority handed Amazon a $1.28bn fine for abusing its dominant market position.
E-commerce&n...
Rising inflation not a hindrance
US equity futures remained cautiously high despite a surge in inflation. Major futures indices were up 0.4% when trading on Wall Street started after Thursday's mixed session.
The Bureau of Labor Statistics reported...
There will be no sequel
Streaming service Netflix has not renewed Cowboy Bebop, 2021, the remake of the late 90s anime of the same name, for a second season. According to The Hollywood Reporter, the&...
A great quarter for Oracle
Oracle (ORCL) continues to benefit from growth in cloud services. Oracle's Q2 FY2022 revenue and earnings report was above market analysts' estimates for Q3. 2022 and Oracle's outlook for Q3 w...
Wage hikes
US workers expect one of the biggest pay rises in more than a decade, reflecting an extremely tight labour market and the highest inflation in 30 years.
A Conference Board surve...
GameStop losses
GameStop (GME) shares fell on Wednesday after reporting higher loss growth than market analysts had predicted. GameStop management cited revenue growth, ongoing transformation and amb...
High demand
The Toll Brothers announced that their budget revenue for 2022 will increase by 20% as demand grows.
Luxury construction company Toll Brothers announced on Tuesday that $3.02 adjusted quarterly earnings of 1 per share and beating expect...
Omicron not a threat to the economy
US stock futures are set for a third day of gains as investors bet that the new variant of the COVID-19 virus will not pose a major threat to the economy.
Major futures indices are anticipating a 0.3% rise at the...
Mobileye IPO
Intel (INTC) shares rose after the company confirmed plans to take its subsidiary Mobileye, a developer of technology for unmanned cars, to an IPO in mid-2022.
Intel (INTC) shares, up just 5.5% since the start ...
All about Apple stock today
Apple (AAPL) shares rose 3.54% on Tuesday, to a new all-time high price of $171.18 per share. At the same time, the market capitalisation of the world's most valuable company surpassed $2.84 trillion, bringing Apple close...
Need to take a break
Social network Instagram has launched a previously announced tool that will send notifications to users to take a break from browsing the feed. This was announced in a letter from the...
Twitter shares
Shares of (TWTR) rose for the first time (up 5.7%) on Monday following news of Jack Dorsey's departure and new CEO Parag Agrawal. Cathie Wood's Ark Invest fund bought 1.1 million shares in Twitter following the management change. Here...
Stock futures on Tuesday
US stock futures rose, indicating gains in major indices amid cautious hopes that the Covid-19 Omicron option could lead to a milder form of illness.
S&P 500 futures rose 0.9% and Dow Jones Industrial Average futures ro...
There will be no delisting in the US
On Monday, Alibaba (BABA) announced that it will restructure its international and domestic e-commerce business by creating two independent divisions to "grow more smoothly and quickly."
The ...
Boeing 737 Max in China
Boeing (BA) shares could soon rise market analysts say, pointing to the fact that the Civil Aviation Administration of China has issued an airworthiness directive for Boeing 737 MAX aircraft...
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