Markets
Li Auto’s July deliveries hit a record as Chinese EV consumers prefer hybrid options
A newly released Li Auto L6 new energy vehicle is displayed at a store in Shanghai, China, on April 19, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese new energy vehicle company Li Auto announced Thursday it delivered a record number of cars in July, boosted by sales of its new, lower-cost Li […]
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Japan’s Nikkei set for near 4% plunge with Asia markets poised to open lower after Wall Street sell-off
An electronic stock board displayed inside the Kabuto One building in Tokyo, Japan, on Thursday, June 27, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to open lower on Friday with Japan’s Nikkei 225 futures pointing to a near 4% plunge for the index, extending losses from Thursday, after Wall Street sell-off […]
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Stock futures slip after Amazon posts results, traders brace for July payrolls report: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on July 31, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty Images U.S. stock futures slid on Thursday night as traders considered fresh results from Amazon and Intel. Investors also looked ahead to July’s payrolls […]
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Stocks making the biggest moves after hours: Apple, Amazon, Intel, Snap and more
Customers are trying on and learning about Apple Vision Pro headsets at an Apple store in Shanghai, China, on July 22, 2024. Costfoto | Nurphoto | Getty Images Check out the companies making headlines in extended trading: Intel — The chip stock sank 17%. Intel said it would suspend its dividend in the fiscal fourth […]
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Crypto slides to begin August trading, nearly erasing its July gain
A visual representation of the cryptocurrency bitcoin in London, England, on Nov. 20, 2018. Jordan Mansfield | Getty Images Stock Chart IconStock chart icon Bitcoin tumbles with stocks on Thursday Disappointing data out Thursday fueled investor worries that the U.S. economy could be at risk of a recession — a day after the Federal Reserve […]
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Stocks making the biggest moves midday: Shake Shack, C.H. Robinson, Mobileye Global and more
Check out the companies making headlines in midday trading: Shake Shack — The stock gained more than 15% after the burger chain’s revenue topped estimates. Shake Shack earned 27 cents per share, excluding items, on revenue of $316 million, above the LSEG estimate of $314 million. Shake Shack also narrowed its full-year revenue estimate to […]
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Putin’s Trader: How Russian hackers stole millions from U.S. investors
WASHINGTON — The White House announced a massive, multinational prisoner swap Thursday between the United States, Russia and other nations. As part of the historic deal, the Russian government released high-profile Americans held in captivity there, including Wall Street Journal reporter Evan Gershkovich, who had been in a Russian prison for more than a year. […]
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Investors should wait before chasing Meta here, according to the charts
While this week’s earnings announcement from Meta Platforms (META) certainly encourages optimism for this leading growth name, a review of the technical conditions suggests that META still has much to prove for the bulls to declare victory. META has been decidedly rangebound since the first quarter, fluctuating between support in the $430-$440 range and resistance […]
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10-year Treasury yield falls below 4% for the first time since February
Traders work on the floor of the New York Stock Exchange on July 24, 2024. Spencer Platt | Getty Images Treasury yields fell Thursday as investors digested comments from Federal Reserve Chair Jerome Powell, who suggested a September rate cut was on the table, along with a jump in U.S. jobless claims. The benchmark 10-year […]
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Stocks making the biggest moves premarket: Hershey, Meta Platforms, Arm Holdings, Shake Shack and more
Check out the companies making headlines in premarket trading. Hershey — Shares were down 7% in the premarket after the chocolate maker posted second-quarter results that missed analyst expectations. The company earned $1.27 per share on revenue of $2.07 billion. Analysts polled by LSEG expected a profit of $1.43 per share on revenue of $2.31 […]
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