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Tag: Finance


Finance Tech, Trading

Stocks slip on Wall Street as market eases back from records

April 6, 2021

Via: ABC News

TOKYO — Asian shares were mixed Wednesday after Wall Street took a breather, with major indexes edging lower. Japan’s benchmark Nikkei fell 0.5% to 29,544.93 and the Shanghai Composite index sank 0.7% to 3,459.25. Australia’s S&P/ASX 200 gained 0.3% to […]


Finance Tech, Trading

Stocks making the biggest moves in the premarket: Tesla, GameStop, Roblox & more

April 5, 2021

Via: CNBC

Tesla (TSLA) – Tesla delivered nearly 185,000 vehicles during the first quarter, a record for the company and more than 10,000 about consensus forecasts. The stock jumped 7.6% in the premarket. GameStop (GME) – The video game retailer announced plans […]


News

Biden says higher corporate tax won’t hurt economy; Manchin opposes 28% rate

April 5, 2021

Via: CNBC

President Joe Biden said Monday he is not worried that a plan to increase corporate America’s tax bill would dampen the U.S. economy as it emerges from the Covid-19 pandemic. Asked whether he is concerned that the White House plan […]


Finance Tech, Trading

Stocks making the biggest moves premarket: Ulta, Poshmark, Novavax and others

March 12, 2021

Via: CNBC

Ulta Beauty (ULTA) – Ulta Beauty announced that CEO Mary Dillon will step down in June to be replaced by company President David Kimbell. Dillon will move to the role of executive chairman. Separately, the cosmetics retailer beat estimates on […]


News

5 things to know before the stock market opens Friday

March 12, 2021

Via: CNBC

Nasdaq futures fell about 200 points or 1.5% on Friday, one day after the tech-heavy index soared 329 points, or 2.5%, on gains in the likes of Apple, Facebook and Google-parent Alphabet. However, as bond yields ticked back up Friday, […]


Finance Tech, Trading

How major US stock indexes fared Thursday

March 11, 2021

Via: ABC News

Broad gains in stocks pushed several major indexes to all-time highs on Wall Street. The S&P 500, the Dow Jones Industrial Average and a measure of small-company stocks all closed at record levels on Thursday. The S&P 500 added 1%. […]


Industries, Retail & Wholesale

GameStop shares jump after retailer taps Chewy co-founder Ryan Cohen to lead e-commerce shift

March 8, 2021

Via: CNBC

Shares of GameStop jumped more than 35% after the company announced Monday that it has tapped Chewy co-founder Ryan Cohen to lead its shift to e-commerce. Cohen is serving as chairman of a special committee formed by GameStop’s board to […]


Industries, Manufacturing, Retail & Wholesale

Walmart says it will support U.S. manufacturers with $350 billion of added business

March 3, 2021

Via: CNBC

Walmart said Wednesday that it plans to back American manufacturers by spending an additional $350 billion over the next decade on items that are made, grown or assembled in the U.S. Nearly two-thirds of Walmart’s current assortment is made, assembled […]


Capital, Finance Tech

Rocket Mortgage founder Dan Gilbert made $30 billion on paper after stock’s surge

March 3, 2021

Via: CNBC

Tuesday’s dramatic and abnormal spike in the stock of Rocket Companies created a major windfall for founder Dan Gilbert, at least on paper. Shares of Rocket, where Gilbert is the majority shareholder, jumped more than 70% on Tuesday, adding $17.30 […]


Financial Services, Industries

Square Higher as Bank Begins Operations

March 2, 2021

Via: TheStreet

Square (SQ) – Get Report shares rose Tuesday as the company said that its industrial bank, Square Financial Services, has begun operations. The San Francisco company’s bank opening continues its diversification from strictly payment processing to broader financial services. Square […]