Markets
5 things to know before the stock market opens Tuesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stocks set to rise, with Dow, S&P 500 on winning streaks Traders on the floor of the NYSE, March 28, 2022. Source: NYSE U.S. stock futures pointed to a higher open Tuesday and a fourth straight session […]
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Robinhood adds four additional hours to extended trading for clients
Vlad Tenev, co-founder and CEO of Robinhood rings the opening bell at the Nasdaq on July 29th, 2021. Source: The Nasdaq As some Robinhood clients head back to the office following the pandemic, the stock trading app — which has experienced a slowdown in volume this year — is now offering extra hours in the […]
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Fortinet shares could gain 17% from here as cyber threats mount, Barclays says
Fortinet could strong gains from here, as cyber attacks continue to rise around the world, according to Barclays. Source
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Stocks making the biggest moves in the premarket: Nielsen Holdings, FedEx, LHC Group and more
Take a look at some of the biggest movers in the premarket: Nielsen Holdings (NLSN) – The TV ratings company’s stock surged 20.9% in the premarket after it agreed to be acquired by a private-equity consortium for $28 per share. The deal is worth $16 billion, including assumed debt. FedEx (FDX) – FedEx CEO Fred […]
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UAE energy minister warns of poverty and economic stagnation if energy affordability isn’t tackled
United Arab Emirates’ Energy Minister Suhail Mohamed al-Mazrouei at a press conference in January, 2018. MOHAMMED MAHJOUB/AFP/Getty Images Failure to address energy affordability risks casting significant portions of the world into poverty and stagnating the global economy, according to the United Arab Emirates Energy Minister Suhail Al Mazrouei. Soaring energy prices have caused inflation to spike […]
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Morgan Stanley downgrades NortonLifeLock, sees ‘limited catalysts’ for the cybersecurity company
A regulatory probe into its deal with Avast, and higher inflation costs, add pressure to the cybersecurity stock. Source
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Deutsche Bank downgrades CVS as near- and medium-term risks mount
A recent crackdown on low-cost drug program 340B, and stiff competition for a lucrative drug contract from Centene, weighs on the stock. Source
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China’s factories were hit harder this quarter than last year as Covid drags on, survey says
China’s bicycle exports for the first two months of 2022 fell by 16% from a year ago, after growing by 14.9% for all of 2021, according to customs data. Song Wei | Visual China Group | Getty Images BEIJING — Manufacturing, one of the main drivers of China’s growth since the pandemic began, saw slower […]
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Morgan Stanley downgrades Pinterest, calls user engagement numbers ‘troubling’
Critically, U.S. time spent per user has tumbled to 2017 levels at the social media platform. Source
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Domino’s Pizza China operator files for Hong Kong listing
DPC Dash said in a filing it is Domino’s Pizza’s “exclusive master franchisee” in mainland China, Hong Kong and Macao, with 485 directly operated stores in 10 cities on the mainland — mostly in Beijing and Shanghai. Sopa Images | Lightrocket | Getty Images BEIJING — The operator of Domino’s Pizza stores in China, DPC […]
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