Stock markets
Stock futures are slightly higher after S&P 500 falls to its lowest level in more than a year
Traders on the floor of the NYSE, May 6, 2022. Source: NYSE U.S. stock futures are slightly higher on Monday night after the S&P 500 fell to its lowest point in more than a year. Dow Jones Industrial Average futures rose by 65 points, or 0.2%. S&P 500 and Nasdaq 100 futures climbed 0.2% and […]
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Stocks making the biggest moves after hours: AMC, Novavax and more
An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. Carlo Allegri | Reuters Check out the companies making headlines after hours. AMC — Shares jumped 4% after the entertainment company reported its “strongest first quarter in two full years” […]
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Rivian reports earnings Wednesday. Here’s what we learned after 3 rivals reported last week
Rivian CEO RJ Scaringe inside the company’s customer experience center outside of its plant on Aptil 11, 2022 in Normal, Ill. Michael Wayland / CNBC Electric vehicle maker Rivian Automotive will report its first-quarter earnings after market close on Wednesday. Wall Street analysts polled by Refinitiv expect a loss of $1.44 per share on revenue […]
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Goldman Sachs is shrinking its SPAC business amid regulatory crackdown and market turmoil
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, May 9, 2022. Brendan McDermid | Reuters Goldman Sachs is scaling back its business in the once red-hot SPACs as blank-check deals got caught in a double whammy of regulatory crackdown and tough market environment. “We are reducing our involvement […]
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Contrarian bounce? One of the few bullish signs in this stock market is that everyone is so bearish
“It’s usually when no one can find anything positive on the horizon that bottoms are made,” Bespoke Investment Group said. Source
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Stocks making the biggest moves midday: Palantir, Rivian, Uber and more
Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Check out the companies making headlines in midday trading Monday. Palantir – Shares of the software company dropped more than 18% after Palantir’s first-quarter earnings came […]
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Kevin O’Leary says there are plenty of good places to ‘hide’ as interest rates rise
As interest rates in the U.S. rise, investors can put their money to work by looking at companies in the S&P 500 that can “increase their prices” and “maintain margins,” Kevin O’Leary told CNBC. “There’s plenty of them. That’s a good place to hide when you’re getting a 2% dividend yield,” the celebrity investor said […]
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After Covid-era boom, newly public tech stocks hit first major hurdles
It was fun while it lasted, but after years of sky-high valuations, Silicon Valley is engulfed in its worst sell-off since the 2008 stock market crash. After a pandemic-fueled boom sent tech names soaring, many of those businesses have seen the worst six months of their lives as publicly traded companies. Peloton, the exercise startup, is emblematic […]
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Worried about a recession? Here’s how to prepare your portfolio
FG Trade | iStock | Getty Images More from FA Playbook: Here’s a look at other stories impacting the financial advisor business. “We all understand that markets go through cycles and recession is part of the cycle that we may be facing,” said certified financial planner Elliot Herman, partner at PRW Wealth Management in Quincy, […]
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Diesel fuel is in short supply as prices surge — Here’s what that means for inflation
The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022. Frederic J. Brown | AFP | Getty Images Diesel prices are surging, contributing to inflationary headwinds due to the fuel’s vital role in the American and global economy. Tankers, trains, trucks and […]
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