Robinhood users hacked
Shares in Robinhood (HOOD) fell 3.2% in off-trade after the company reported a hacking attack that put the personal data of 5 million of its customers into the hands of attackers. Robinh...
AMD chip supplier
AMD's (AMD) stock jumped to a new high on news of a partnership with Meta (Facebook's new name), which will use AMD chips for its data centres. AMD unveiled new Instinct M...
The company's stock jumped
General Electric announced that it will be divided into 3 specialized companies in the health, aerospace and energy sectors and share prices will rise after trading.
...
Musk Sells 10% of Tesla
Tesla (TSLA) shares fell sharply on Monday after Elon Musk tweeted about selling a large stake of his stock to pay taxes. Market analysts see no reason to sell Tesla stock to retail investors, instead pointing to a good buyin...
PayPal deal with Amazon
Shares of PayPal (PYPL) fell nearly 3 percent in after-hours trading Monday after the company reported Q3 earnings below Wall Street expectations and gave a disappointing outlook.
PayPal (PYPL), the payments g...
The COVID pill
Shares of Pfizer (PFE) jumped sharply Friday, following the release of stronger efficacy results for its COVID-19 pill compared to its Merck (MRK) counterpart. Shares of other coronavirus drug makers as well as vaccine makers fell. He...
Smith & Wesson in Tennessee
Weeks after announcing the decision to move to East Tennessee, Smith & Wesson officials began construction on their future home Friday.
The groundbreaking ceremony was attended by several state and local leaders....
Weekly Schedule
U.S. inflation data for October and quarterly earnings reports from Coinbase (COIN), PayPal (PYPL), Palantir (PLTR) and Disney (DIS), as well as the Rivian IPO will be the focus of stock market participants this week.
Stocks this we...
Bond purchases in November
The market reaction to the outcome of the Fed meetings was positive. The central bank refuted expectations that interest rates would need to be raised sooner, but pointed to continue...
The company's earnings and outlook
Qualcomm (QCOM) shares rose after the postmarket on Wednesday after the chipmaker achieved better-than-expected sales and revenue reports. The high sales outlook for the holiday quarter shows that Qualcomm is respo...
Game from Blizzard delayed
Activision Blizzard (ATVI) shares fell 12% in the post-market on Tuesday after the company disappointed investors with a delay in the release of two key games and a below-expected holiday quarter f...
2021 outlook
Pfizer (PFE) shares rose sharply by 4% on Tuesday after the company beat analysts' Q3 revenue and earnings estimates and raised its sales forecast for 2021. Pfizer investors are encouraged by expected sales of booster doses of COVID-19 ...
Reasons for the stock rise
Lyft's shares rose sharply on Tuesday after a 73 percent quarterly revenue increase. Lyft welcomed investors with news of the return of a director to the company's business and drivers. This allowed for continued growth du...
IPO from Rivian
Electric car startup Rivian, backed by Amazon and Ford, has filed a new Form S-1 with the SEC, with a tentative share price to go public. In the IPO, Rivian hopes to raise $8.4bn. The success of Tes...
Developments for the week
This week, the Fed will reveal details of its plan to cut bond purchases, and the U.S. government will release employment data for October. The U.S. reporting season will continue with earnings and revenue reports from ...
The American vaccine
The United States sent Taiwan 1.5 million doses of the COVID-19 vaccine produced by Moderna. This was announced on Sunday by Ned Price, head of the State Department's press office, on Twitter.
...
Rock & Roll Hall of Fame
US stars Tina Turner, Jay-Z (real name Shawn Carter), Carole King, Todd Rundgren and rock bands The Go Go's and Foo Fighters were inducted into the Rock Hall of Fame in Clevel...
Earnings below forecasts
Amazon (AMZN) shares fell in the post-market on Thursday after the company reported Q3 2021 earnings and revenue below analysts' forecasts. The outlook for Q4 holid...
No supply problems
Apple (AAPL) shares fell in the postmarket Thursday after the company's quarterly report disappointed investors. Apple expects strong sales in the holiday quarter, but cites huge amounts of losses due to a global chip shortage.
S...
Shares Fall
Shares of payments systems giant Visa (V) fell sharply Wednesday amid a Wall Street Journal report that the U.S. Justice Department is looking into the financial incentives Visa gave to Square, Stripe and Pa...
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