Markets
Stocks making the biggest moves midday: Rivian, Cava, Rocket Lab, Amgen and more
Check out the companies making headlines in midday trading. Charter Communications , Liberty Broadband — Cable operator Charter Communications agreed to acquire Liberty Broadband in an all-stock deal. Charter shares rose 5.6%, while Liberty Broadband slid 3%. Cava Group — Shares of the Mediterranean-inspired food chain popped 7% after third-quarter results came out stronger than […]
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Trump Media CFO, two other insiders sell millions of dollars worth of DJT stock
Pavlo Gonchar | Lightrocket | Getty Images The chief financial officer of Trump Media and two other corporate insiders sold more than $16 million worth of company stock in the week following the presidential election, according to new disclosures. Most of the stock was sold by CFO Phillip Juhan, who in August adopted a trading […]
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Dow rises 100 points as as traders assess state of postelection rally, new inflation data: Live updates
Traders work on the New York Stock Exchange floor on November 12, 2024 in New York City. Source: NYSE The Dow Jones Industrial Average inched higher Wednesday as investors look to keep a postelection rally going after a key inflation report was in line with expectations. The 30-stock Dow added 180 points, or 0.03%. The […]
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Bitcoin climbs above $91,000 for the first time as investors digest postelection gains, inflation data
Bitcoin rose above $91,000 for the first time on Wednesday, adding to its postelection rally, as traders pored through October inflation data Wednesday. The price of the flagship cryptocurrency was last higher by more than 2% at $91,705. At one point it briefly rose to a fresh record of $92,066.16. Traders were digesting the most recent […]
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Stocks making the biggest moves premarket: Cava, Spotify Technologies, Rocket Lab and more
Check out the companies making headlines before the bell. Cava — The fast-casual restaurant chain surged nearly 19% after third-quarter results exceeded analysts’ expectations. Earnings of 15 cents per share topped the 11-cent consensus estimate from analysts polled by LSEG, while revenue of $244 million revenue was also above the $234 million estimate. EchoStar — […]
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Tencent reports profit beat on games growth, touts AI benefits
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Chinese social media and gaming company Tencent on Wednesday reported better-than-expected profit in the third quarter, spurred by growth in games, advertising and cloud services. […]
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Dogecoin surges 20% after Trump announces a Department of Government Efficiency — DOGE
Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency, which he referred to as “DOGE” in his statement. Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said […]
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Asia-Pacific markets to open lower after Wall Street postelection rally fizzles
The momentum in Japan markets were largely driven by the country’s technology and financial sector. Doctoregg | Moment | Getty Images Asia-Pacific stock markets were set to open lower Wednesday, tracking losses on Wall Street as the U.S. postelection rally stalled overnight. Asian traders will assess Japanese corporate goods data, set for release later in […]
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Stocks making the biggest moves after hours: Spotify Technology, Cava, Rivian Automotive and more
Check out the companies making headlines in extended trading. Spotify Technology – Shares of the music-streaming service jumped about 8%. Total monthly active users for the third quarter came in at 640 million, reflecting an 11% jump from a year earlier and beating FactSet consensus estimates of 639.0 million. Still, Spotify fell short of the […]
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Hedge funds performed better under Democratic presidents than Republican ones, history shows
Delivering Alpha Hedge funds performed better under Democratic presidents than Republican ones, history shows Published Tue, Nov 12 20243:17 PM ESTUpdated 24 Min Ago Leslie Picker@LesliePicker WATCH LIVE Source
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