In this article IYG U.S. stock index futures were flat during overnight trading on Tuesday, after the Dow and S&P 500 closed at record highs following the Senate passing the $1 trillion infrastructure bill. Futures contracts tied to the Dow Jones Industrial Average were slightly higher. S&P 500 futures and Nasdaq 100 futures were flat.
Finance
In this article DDD IIVI SAM KSU Casper’s subway campaign Source: Casper Check out the companies making headlines in midday trading. 3D Systems — The 3-D printing company’s stock surged about 40% after it reported second-quarter earnings of 12 cents per share, beating the 5 cents a share consensus estimate, 3D said it had made
A man walks past the AMC Georgetown 14 Theatres in Washington, DC on June 3, 2021. Mandel Ngan | AFP | Getty Images AMC Entertainment said Monday it will start accepting bitcoin as payment for movie tickets and concessions if purchased online at all of its U.S. theaters. CEO Adam Aron said during an earnings call
In this article HOOD An Institutional Investor Hall of Famer sees an urgent need for investors in some of the most popular trades to diversify. Rich Bernstein, who has spent decades on Wall Street, is waving the red flag on long-duration assets ranging from Big Tech to bitcoin to Reddit rebellion stocks to long-term bonds.
In this article VSCO TSLA OXY DVN FANG HOOD The Tesla logo seen on a Supercharger rapid battery charging station for the electric vehicles company Tesla Motors. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Diamondback Energy — Shares of the exploration and production company slid about
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, August 5, 2021. Andrew Kelly | Reuters Stock futures were flat in overnight trading Sunday after the Dow Jones Industrial Average notched a record close Friday following a stronger-than-expected jobs report. Futures on the Dow added 2 points,
The latest jobs report may not be a game changer for the Federal Reserve’s easy money policies. According to Wells Fargo Securities’ Michael Schumacher, it’s premature to assume July’s strong numbers will push the Fed meaningfully closer to tapering its monthly bond purchases. “This report was pretty strong. Not a blockbuster,” the firm’s head of
The work-from-home boom has given several virtual reality (VR) companies incentive to experiment with new ways of trading. While platforms are rapidly evolving and firms are putting themselves in a position to sell the new technology, it’s not a big business yet — but many believe it will be soon. Glimpse Group is an umbrella
In this article EPC W FSLY BKNG The logo of US cloud computing services provider Fastly is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Check out the companies making headlines in midday trading. Robinhood — Shares of the trading app dropped more than 14% after the newly
In this article DBX SPCE BYND TRIP Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check out the companies making headlines in after-hours trading.
Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway‘s operating income continued to rebound as its myriad of businesses from energy to railroads benefited from the economic reopening. The conglomerate reported operating earnings of $6.69 billion in the second quarter, up 21% from $5.51
U.S. stock index futures were little changed during overnight trading on Thursday, ahead of Friday’s highly anticipated jobs report. Futures contracts tied to the Dow Jones Industrial Average dipped 17 points. S&P 500 futures and Nasdaq 100 futures were flat. Stocks finished Thursday’s session in the green, with the S&P 500 rising 0.6% to close
In this article ZG DIDI DKNG WEED-CA NVAX GCI Check out the companies making headlines before the bell: Canopy Growth (CGC) – The Canadian cannabis producer’s shares rose 1.9% premarket after it posted an unexpected quarterly profit on rising marijuana demand and cost cuts. The gain comes even as revenue falls short of Wall Street
In this article NVAX DKNG HOOD DBX SPCE YELP Billionaire entrepreneur Richard Branson prepares to spray champagne after flying with a crew in Virgin Galactic’s passenger rocket plane VSS Unity to the edge of space at Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check out the
A currency dealer monitors exchange rates in a trading room at KEB Hana Bank in Seoul on June 21, 2021. JUNG YEON-JE | AFP via Getty Images Shares of Kakao Bank shot up more than 70% during its market debut in South Korea on Friday. Kakao Bank is South Korea’s first digital bank to go
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., listens during a Business Roundtable CEO Innovation Summit discussion in Washington, D.C., Dec. 6, 2018. Andrew Harrer | Bloomberg | Getty Images With little fanfare, JPMorgan Chase has started giving its wealth management clients access to six crypto funds in the past month.
In this article WFC Wells Fargo signage on May 5th, 2021 in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Wells Fargo has pushed back plans for employees to return to corporate offices by a month in response to the rise in U.S. coronavirus cases. The bank is now aiming to
New Oriental is located at the West Yintai Campus, Hangzhou city, Zhejiang Province, China, on August 2, 2021. Costfoto | Barcroft Media | Getty Images The Chinese government’s sudden crackdown on after-school education companies is raising costs for many parents and throwing millions of jobs into uncertainty. In a country where parents prize a good
In this article HOOD PNC Financial’s Amanda Agati is predicting the retail frenzy’s downfall. When the government starts eliminating stimulus policies intended to help the nation weather the pandemic, the firm’s chief investment officer believes retail investors will hesitate to put new money to work. “As we start to see this fiscal cliff appear on
In this article GM CVS KHC TUP HOOD ATVI Check out the companies making headlines before the bell: General Motors (GM) – General Motors missed the consensus estimate of $2.23 per share with an adjusted second-quarter profit of $1.97 per share, though revenue did top Wall Street forecasts. GM did raise its forecast for the