Breaking News: Markets
Asia-Pacific stocks rise following overnight Wall Street surge
SINGAPORE — Shares in Asia-Pacific climbed in Friday morning trade following big gains overnight on Wall Street as the Nasdaq Composite surged 3%. South Korea’s Kospi gained 0.27% while the S&P/ASX 200 in Australia advanced 0.46%. MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.26% higher. Investors watched moves in Asia-Pacific technology stocks after […]
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Nasdaq futures slide as Amazon and Apple retreat after earnings
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York, April 11, 2022. Andrew Kelly | Reuters Nasdaq 100 futures fell Thursday evening following an extravaganza of Big Tech earnings, with disappointments from Amazon and Apple. Futures tied to the tech-heavy index fell 2%, while Dow Jones […]
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Robinhood shares fall as retail brokerage reports shrinking revenue, fewer active users
The logo for Robinhood is displayed on a smartphone in an arranged photograph. Gabby Jones | Bloomberg | Getty Images Retail brokerage firm Robinhood reported a wider-than-expected loss and shrinking revenue for the first quarter, showing signs that the small-dollar trading boom that captivated Wall Street a year ago may have run out of steam. […]
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Stocks making the biggest moves after hours: Amazon, Apple, Robinhood and more
An Amazon truck is seen entering the LDJ5 Amazon Sort Center on April 25, 2022 in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in extended trading. Amazon — Shares of the e-commerce giant tumbled by 10% after hours, after the company reported first-quarter results and issued weaker-than-expected […]
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Stocks making the biggest moves midday: Meta, McDonald’s, Teladoc, Ford and more
Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines in midday trading. Meta Platforms — Shares of the company formerly known as Facebook surged 17.6% after reporting mixed first-quarter results. The company posted a beat in earnings but a disappointing revenue miss. It also saw daily active users grow following a decline […]
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Bank stocks, once a Buffett favorite, take a back seat at Berkshire Hathaway amid recession worries
Warren Buffett, Chairman and CEO of Berkshire Hathaway. David A. Grogan | CNBC Warren Buffett has begun to unleash Berkshire Hathaway’s massive cash stockpile in recent weeks, snapping up an insurer and multi-billion dollar stakes in energy and computer corporations. But his recent moves are more notable for what he has avoided investing in — […]
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U.S. GDP fell at a 1.4% pace to start the year as pandemic recovery takes a hit
Gross domestic product unexpectedly declined at a 1.4% annualized pace in the first quarter, marking an abrupt reversal for an economy coming off its best performance since 1984, the Commerce Department reported Thursday. The negative growth rate missed even the subdued Dow Jones estimate of a 1% gain for the quarter. GDP measures the output […]
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Here are Thursday’s biggest analyst calls of the day: Amazon, Spotify, Teladoc, Meta, Boeing & more
Here are the biggest calls on Wall Street on Thursday. Source
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Stocks making the biggest moves premarket: Meta, Teladoc, Pinterest, Qualcomm and more
Woman holds smartphone with Meta logo in front of a displayed Facebook’s new rebrand logo Meta in this illustration picture taken October 28, 2021. Dado Ruvic | Reuters Check out the companies making headlines in Thursday premarket trading. Meta — Shares of the Facebook parent soared more than 16% in premarket trading after the tech […]
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Asia-Pacific stocks set for higher start as investors await Bank of Japan monetary policy decision
SINGAPORE — Asia-Pacific stocks looked set to trade higher at the Thursday open, as investors in the region look ahead to the Bank of Japan’s latest monetary policy decision. Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 26,485 while its counterpart in Osaka was at 26,480, […]
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