Markets
Stocks making the biggest moves midday: Moderna, Uber, Boeing, Adobe and more
Check out the companies making headlines in midday trading. Moderna — Shares of the vaccine maker pulled back more than 3% following a downgrade to underweight from JPMorgan . The firm cited Moderna’s changes to its revenue forecast as a headwind to the stock’s performance moving forward. Oracle – The stock rose nearly 2% after […]
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Hedge fund billionaire and Trump donor John Paulson says market would ‘crash’ under Harris tax plans
watch now VIDEO6:3506:35 Hedge fund billionaire John Paulson says market would ‘crash’ under Harris tax plans Money Movers Hedge fund billionaire John Paulson, who made a name for himself by betting against the housing market during the financial crisis and who is today a prominent supporter of former President Donald Trump, said there could be a […]
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Stocks making the biggest moves premarket: Boeing, Oracle, Moderna and more
Check out the companies making headlines before the bell. Boeing — The stock sank 4% after Boeing factory workers went on strike early Friday after rejecting a new labor contract. The work stoppage will impact production of most aircrafts, including the 737 Max. Oracle — Shares of the database software company rallied more than 6%. […]
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How oil-rich Arkansas became a hotbed of lithium mining
The future of lithium production in the U.S. is gaining momentum in Arkansas, as companies like ExxonMobil, Albemarle, and Standard Lithium make significant investments in the state. This comes at a time when global demand for lithium, driven by electric vehicles and energy-storage needs, continues to grow. In 2023, global lithium consumption reached 180,000 metric […]
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5 things to know before the stock market opens Friday
Here are five key things investors need to know to start the trading day: 1. Four-ward The S&P 500 marked its fourth winning day in a row Thursday, gaining 0.75%. The Nasdaq Composite did even better, rising 1%, as investors snapped up tech names, while the Dow Jones Industrial Average added 235.06 points, or 0.58%. The gains came […]
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Asia-Pacific markets mixed as China stocks rebound from 6-year low; yen strengthens to 9-month high
The sails of the Opera House are illuminated with projections on the opening night of Vivid Sydney 2023 in Sydney, Australia, on Friday, May 26, 2023. Anadolu Agency | Anadolu Agency | Getty Images Asia-Pacific markets were mixed Friday, as mainland Chinese markets rebounded from a six year low and Australian markets near an all […]
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Boeing workers overwhelmingly reject contract, prepare to strike
Boeing Co. workers and supporters hold signs outside the Aerospace Machinists Union District 751 Hall ahead of a vote on the union contract in Renton, Washington, US, on Thursday, Sept. 12, 2024. M. Scott Brauer | Bloomberg | Getty Images More than 30,000 Boeing workers were set to strike Friday, halting production of most of […]
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Strong case for 50 basis point Fed rate cut, says former NY Fed chief Dudley
Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest rate cut in the United States. Ashlee Espinal | Reuters Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest rate cut in the United States. “I […]
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China’s plan to boost consumption by encouraging trade-ins has yet to show results
Key Points China’s plan to boost consumption by encouraging trade-ins has yet to show significant results since it was announced in late July, businesses said. “We are not aware of companies that have seen this translate, since the promulgation of the measures, into concrete incentives on the ground in China,” Jens Eskelund, president of the EU […]
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Stock futures are little changed after S&P 500 notches fourth-straight winning session: Live updates
Traders work on the New York Stock Exchange floor on Sept. 9, 2024. Spencer Platt | Getty Images U.S. stock futures were little changed on Thursday evening as traders sought to shake off a sluggish September. S&P 500 futures inched lower by 0.03%. Futures tied to the Dow Jones Industrial Average hovered near the flatline, […]
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