Finance
Stocks making the biggest moves premarket: Delta Air Lines, CVS Health, Nike and more
Check out the companies making headlines before the bell. Delta Air Lines – Shares fell nearly 5% after the airliner provided disappointing fourth-quarter revenue guidance . Delta anticipates revenue will rise between 2% and 4% from a year earlier, less than the 4.1% estimate, per LSEG. Third-quarter earnings per share and revenue also came in […]
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Ripple launches crypto storage services for banks in bid to diversify
Key Points Ripple said it is launching a slew of features aimed at helping banks and fintechs store digital tokens — as part of a broader push into crypto custody. Crypto custody, a type of service that helps clients crypto assets, is a nascent business for Ripple, which has consolidated its efforts under a single brand […]
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Stocks making the biggest moves midday: Norwegian Cruise Line, Reddit, Chewy, Boeing and more
Check out the companies making headlines in midday trading. Astera Labs – Shares gained more than 16% after the company, which sells data center connectivity chips, debuted new fabric switches for artificial intelligence . Norwegian Cruise Line – Shares popped 10% on the heels of a Citi upgrade to buy from neutral. Citi said the […]
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Life spans are growing but ‘health spans’ are shrinking. What that means for your money
Key Points The average American is living longer. But older people live fewer years in good health. Their “health span” is shrinking. Chronic medical conditions are generally associated with higher healthcare expenses. Source
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Stocks making the biggest moves premarket: Boeing, Alphabet, Blackstone, GitLab and more
Check out the companies making headlines before the bell. Boeing — Shares slipped 1.8% after the aerospace company withdrew a pay raise offer it made to 33,000 machinists on strike since mid-September. With the talks again breaking down this week, the continued strike will cost Boeing more than $1 billion per month, S & P […]
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China’s Golden Week holiday signals persistent consumer caution
Key Points China’s Golden Week holiday affirmed a trend in more cautious spending, while consumers put greater emphasis on experiences. “Low tourism spending per head and subdued services prices highlighted still weak domestic demand and continued consumption downgrading,” Goldman Sachs analysts said. “People become more cautious with spending. Also they opt for more affordable options […]
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Ray Dalio says investing in China is tricky as Beijing becomes less favorable toward capitalism
Billionaire investor Ray Dalio thinks it’s still tricky to invest in China right now as Beijing may be seeking to structurally move the country away from capitalism. The founder of Bridgewater Associates, one of the world’s largest hedge funds, said investors should take a nuanced and cautious approach to investing in the developing region as […]
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Stocks making the biggest moves midday: Nvidia, DocuSign, Alibaba, Las Vegas Sands and more
Check out the companies making headlines in midday trading. China stocks – U.S.-listed shares of Chinese companies fell after Beijing’s economic planning agency failed to announce any new major stimulus plans . Online video company Bilibili fell 13%, while automaker Nio and Temu parent PDD tumbled about 6% each. E-commerce companies JD.com and Alibaba both […]
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Stocks making the biggest moves premarket: DocuSign, Wynn Resorts, Nvidia and more
Check out the companies making headlines before the bell. China stocks – U.S.-listed shares of Chinese companies fell after China’s state planner Zheng Shanjie failed to announce any new economic stimulus plans . Online video company Bilibili tumbled more than 13%, while automaker Nio and Temu parent PDD each fell more than 9%. E-commerce companies […]
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