Breaking News: Markets
Stocks making the biggest moves in the premarket: Spirit Airlines, Carvana, Warby Parker and more
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit Airlines surged 19.3% in premarket trading after JetBlue (JBLU) launched a $30 per share tender offer for its rival airline. Spirit had rejected a prior bid by JetBlue, preferring to keep a previously struck deal to merge with […]
Read More
Most Asia markets give up gains, China stocks fall after economic numbers disappoint
SINGAPORE — Shares in the Asia-Pacific gave up early gains on Monday, after China reported disappointing economic numbers as a result of Covid restrictions. Tech stocks in Hong Kong surged in before paring some gains following bad news from China on the economic front. The Hang Seng Tech index was up more than 2% at […]
Read More
Stock futures rise ahead of a big week of retail earnings
Traders on the floor of the NYSE, May 6, 2022. Source: NYSE Stock futures were higher Sunday evening after a week of steep losses that ended on a high note, and ahead of a big earnings week for retailers. Futures tied to the Dow Jones Industrial Average rose 89 points, or 0.3%, while S&P 500 […]
Read More
Clarence Thomas says abortion draft decision leak has changed the Supreme Court
Associate Supreme Court Justice Clarence Thomas speaks at the Heritage Foundation on October 21, 2021 in Washington, DC. Drew Angerer | Getty Images Justice Clarence Thomas says the Supreme Court has been changed by the shocking leak of a draft opinion earlier this month. The opinion suggests the court is poised to overturn the right […]
Read More
Stocks making the biggest moves midday: Twitter, Affirm, Robinhood and more
Traders work on the floor of the New York Stock Exchange. NYSE Check out the companies making headlines in midday trading. Twitter — Shares of the social media platform slid 9.7% after Elon Musk said his take-private deal is on hold until he receives more information about how many fake accounts there are on Twitter. Still, Musk […]
Read More
Stocks making the biggest moves premarket: Twitter, Affirm, Robinhood and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter tumbled 14.6% in premarket trading after Elon Musk tweeted that his deal to buy the company was “temporarily” on hold, as he awaits details on the number of fake and spam accounts on the platform. Affirm Holdings (AFRM) – Affirm reported a […]
Read More
Asia-Pacific stocks set for lower start as Fed’s Powell warns he can’t guarantee ‘soft landing’
SINGAPORE — Shares in Asia-Pacific looked set for a lower start on Friday, as investors continue to remain cautious over inflation and the global economic outlook. The Nikkei futures contract in Osaka sat at 25,700, as compared against the Nikkei 225’s last close at 25,748.72. Australian stocks also appeared poised for a lower start, with […]
Read More
Robinhood shares pop more than 20% after Sam Bankman-Fried buys 7.6% stake
Sam Bankman-Fried, the CEO of crypto exchange FTX, has taken a 7.6% stake in Robinhood, according to a Thursday filing with the Securities and Exchange Commission. Shares of the investing company jumped 36% at one point in extended trading before pulling back. They were last up about 25%. In regular trading Thursday the stock hit […]
Read More
Stock futures fall slightly with S&P 500 teetering on edge of a bear market
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 12, 2022. Brendan Mcdermid | Reuters Stock futures dipped on Thursday evening as investors geared up for the S&P 500 to potentially slide into official bear market territory. Futures tied to the Dow Jones Industrial Average shed […]
Read More
Powell says he can’t guarantee a ‘soft landing’ as the Fed looks to control inflation
US Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC, on May 4, 2022. Jim Watson | AFP | Getty Images Federal Reserve Chairman Jerome Powell warned Thursday that getting inflation under control could cause some economic pain but remains his top priority. Powell said he couldn’t promise a so-called soft […]
Read More