Month: May 2024
Index values for Dow, S&P 500 are working again after hourlong freeze
A trader signals an offer in the Standard & Poor’s 500 stock index futures pit at the CME Group in Chicago on Dec. 14, 2010. Scott Olson | Getty Images News | Getty Images The data feeds for key market averages had an issue on Thursday that caused the calculations for the S&P 500 and […]
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Pending home sales in April slump to lowest level since the start of the pandemic
A “sale pending” sign is posted in front of a home for sale in San Anselmo, California, on Nov. 30, 2023. Justin Sullivan | Getty Images News | Getty Images Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the National Association of […]
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Amazon to expand drone delivery service after clearing FAA hurdle
An Amazon delivery drone is on display at Amazon’s BOS27 Robotics Innovation Hub in Westborough, Massachusetts, on Nov. 10, 2022. Joseph Prezioso | AFP | Getty Images Amazon said Thursday it has received federal approval to fly its delivery drones longer distances without the need for ground spotters, clearing a key regulatory hurdle and opening […]
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S&P upgrades outlook on India’s sovereign rating to ‘positive’
Narendra Modi, India’s prime minister, arrives at the Bhartiya Janata Party (BJP) headquarters in New Delhi, India, on Sunday, Dec. 3, 2023. India’s ruling Bharatiya Janata Party won three crucial state elections and unseated the opposition in two of them, strengthening Modi’s bid for a third term in office. Prakash Singh | Bloomberg | Getty […]
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Princess Kate won’t attend upcoming military ceremony as she continues cancer treatment
Britain’s Catherine, Princess of Wales and Britain’s Prince George of Wales (L) leave after attending the Royal Family’s traditional Christmas Day service at St Mary Magdalene Church on the Sandringham Estate in eastern England, on December 25, 2023. Adrian Dennis | Afp | Getty Images LONDON — Kate, the Princess of Wales, will miss a military […]
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Your guide to Wall Street analyst research and how to use it like the investing pros
Wall Street sell-side research is a key part of the financial markets, written by analysts working for brokerage firms, investment banks and other institutions. These analysts evaluate companies and issue recommendations to help investors – mostly institutions – make informed decisions. Buy-side research (by money management firms) is another kettle of fish entirely, produced in-house […]
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AI cancer screening programs are booming, but you’ll likely have to pay for them yourself
Artificial intelligence for cancer screening has taken off. Yet most of those new programs aren’t covered by Medicare or private insurers, which creates headwinds for companies looking to boost adoption and for patients who could benefit from the new technology. “Traditionally, for medical devices it takes up to seven years after a product that’s […]
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Salesforce shares tumble 19%, on pace for worst day since 2004
Marc Benioff, co-chief executive officer of Salesforce.com Inc., speaks during a Bloomberg Television interview at the 2022 Dreamforce conference in San Francisco, California, US, on Thursday, Sept. 22, 2022. Benioff shared his excitement over data indicating a decrease in San Francisco’s total homeless population. Photographer: David Odisho/Bloomberg via Getty Images David Odisho | Bloomberg | Getty […]
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Selecting stays powerful for lower earners, Vanguard finds
Key Factors Choosing has been resilient for employees in decreased-paying out careers, in accordance to a new Vanguard analysis. Meanwhile, it has waned a little bit for larger earners. The all round task industry has cooled but stays strong. There are indicators of a new pickup, a person economist said. Resource
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Foot Locker stock surges 30% as turnaround shows signs of life
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first quarter, far better than the 3.1% drop-off that analysts expected, according to StreetAccount. The company also reaffirmed its fiscal year guidance, which projects sales to be between a 1% decline and a 1% gain, […]
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