Markets
Billionaire Peltz draws GOP megadonors to $5,000-a-plate fundraiser for Democrat Sen. Joe Manchin
Nelson Peltz, left, and Joe Manchin CNBC; Reuters Wall Street veteran Nelson Peltz hosted a $5,000 a plate fundraiser for Sen. Joe Manchin at the billionaire’s sprawling Florida estate last month, where several top executives said they privately hoped the conservative Democrat would switch parties and run against President Joe Biden in the 2024 elections, […]
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Chart analysts see tough times ahead for the stock market
The S&P 500 and Nasdaq Composite appear to be near negative inflection points, according to technical analysts. Source
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Stocks making the biggest moves midday: Twitter, Bank of America, Charles Schwab and more
In this photo illustration, the Twitter logo is displayed on the screen of an iPhone in front of a computer screen displaying Twitter logos. Chesnot | Getty Images Check out the companies making headlines in midday trading. Twitter — Shares rose 3.4% after Twitter announced Friday that the board adopted a limited duration shareholder rights […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures fall as the 10-year Treasury yield tops a 3-year high Traders on the floor of the NYSE, April 14, 2022. Source: NYSE 2. BofA issues stronger earnings as it releases reserves for soured loans A […]
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Stocks making the biggest moves in the premarket: Twitter, Sirius XM, Nektar Therapeutics and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares jumped 4.5% in the premarket after the company’s board of directors adopted a so-called poison pill to prevent Tesla (TLSA) CEO Elon Musk from increasing his stake in the company past 15%. That follows Musk’s $54.20 per share […]
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Musk tweets ‘Love Me Tender’ days after Twitter takeover offer
Elon Musk speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Billionaire entrepreneur Elon Musk posted a tweet on Saturday saying “Love Me Tender”, days after he took aim at Twitter Inc with a $43 billion cash takeover […]
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Shanghai reports first Covid deaths since the start of its latest lockdowns
Shanghai, China’s largest city and the one hit hardest by the latest Covid outbreak, announced another round of mass virus testing that’s set to end Thursday, April 21. Str | Afp | Getty Images BEIJING — Shanghai city reported Monday its first Covid-related deaths since the latest wave of lockdowns began in earnest in late […]
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Why China shows no sign of backing away from its ‘zero-Covid’ strategy
While the rest of the world battled wave after wave of coronavirus, China’s strict zero-Covid policy kept case numbers down and national pride up. So how long can China maintain its strict Covid policies? And what matters most to Beijing? Thanks to its zero tolerance for Covid-19 cases, China was the only major economy to […]
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Asia stocks decline as investors react to mixed Chinese economic data
SINGAPORE — Asia markets largely slipped in Monday trade, with investors reacting to the release of Chinese economic data, including first-quarter gross domestic product figures. In Japan, the Nikkei 225 fell 1.5% as shares of Fast Retailing declined nearly 2%. The Topix index shed 1.22%. Mainland Chinese stocks were also lower, with the Shanghai composite […]
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China’s first quarter GDP beats expectations to grow 4.8% year-on-year
A traffic police officer prepares to check a truck at a service station near Shanghai, which has ordered tighter restrictions on travel in and out of the city as China battles its most severe Covid outbreak since the early days of the pandemic in 2020. Yin Liqin | China News Service via Getty Images BEIJING […]
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