Markets
Solar stocks get a Harris bump. What the charts say about whether the rally is for real
With the broad equity markets selling off after the latest inflation data on Wednesday, one industry group bucked the trend and surged higher. Solar stocks jumped to the top of the leaderboard in reaction to the presidential debate on Tuesday evening, fueled by renewed optimism for renewable energy in the result of a victory by […]
Read More
Stocks making the biggest moves midday: GameStop, Viking Therapeutics, Trump Media and more
Check out the companies making headlines in midday trading. Trump Media & Technology — The stock fell more than 13% following Tuesday’s debate between majority shareholder former President Donald Trump and Democratic Vice President Kamala Harris. On Wednesday, Trump Media hit its lowest intraday level since going public on the Nasdaq in late March. Rentokil […]
Read More
Trump Media shares plunge premarket after GOP nominee’s debate with Harris
Former US President and Republican presidential candidate Donald Trump walks away during a commercial break as US Vice President and Democratic presidential candidate Kamala Harris take notes during a presidential debate at the National Constitution Center in Philadelphia, Pennsylvania, on September 10, 2024. Saul Loeb | Afp | Getty Images The share price of Trump […]
Read More
Stocks making the biggest moves premarket: Trump Media, GameStop, Dave & Buster’s and more
Check out the companies making headlines before the bell. Trump Media & Technology – Shares slid more than 11% in the wake of the debate between Republican nominee Donald Trump and Democratic Vice President Kamala Harris . Trump Media is majority owned by the former president. Rentokil Initial – Shares plummeted about 20% following the […]
Read More
Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Warren Buffett’s Berkshire Hathaway offloaded another chunk of Bank of America shares, bringing its total sales to more than $7 billion since mid-July and reducing its stake to 11%. The Omaha-based conglomerate shed a total of 5.8 […]
Read More
Here’s why September and October are historically weak for stocks
José Luis Gutiérrez | iStock Photo Why are September and October historically weak for stocks? For answers, I turned to Mark Higgins, senior vice president at Index Fund Advisors and author of the book, Investing in U.S. Financial History: Understanding the Past to Forecast the Future. The answers have been edited for clarity. What is it […]
Read More
China’s AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China
Kai-Fu Lee, chairman and chief executive officer of Sinovation Ventures, speaks during the HICOOL Global Entrepreneur Summit on September 11, 2021 in Beijing, China. China News Service | China News Service | Getty Images BEIJING — Chinese artificial intelligence models may be at least half a year behind those developed in the U.S., but Chinese […]
Read More
Commerzbank shares jump 17% after Unicredit buys 4.5% stake from the German government
A customer enters a Commerzbank AG bank branch in Berlin, Germany, on Tuesday, Aug. 6, 2024. Bloomberg | Bloomberg | Getty Images Commerzbank shares jumped on market open on Wednesday, after Italian bank UniCredit acquired a 4.5% stake in the Frankfurt-based lender from the German government. Commerzbank stock was up 17.4% at 8:52 a.m. London […]
Read More
Britain’s Rightmove rejects $7.3 billion takeover offer from Murdoch’s REA Group
John Keeble | Getty Images News | Getty Images Australian property listing firm REA Group said on Wednesday that Britain’s largest real estate portal Rightmove had rejected its 5.6 billion pounds ($7.32 billion) cash-and-stock takeover offer. REA, which is 62% owned by Rupert Murdoch’s News Corp , did not cite any reason for the offer’s […]
Read More
European businesses in China reach a ‘tipping point’ on whether to invest more
A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of the Belt and Road Initiative, in Beijing, China October 18, 2023. Edgar Su | Reuters BEIJING — European businesses in China have grown so discouraged […]
Read More