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Tag: shares


Enterprise, Industries

Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit

January 27, 2023

Via: The Wall Street Journal

Chevron Corp. CVX -2.42%decrease; red down pointing triangle banked historic profit last year as the pandemic receded and the war in Ukraine pushed oil prices to multiyear highs, with its shares climbing 53% while other sectors tumbled. The U.S. oil […]


Finance Tech, Trading

U.S. stocks are falling after Goldman’s earnings miss weighs on Dow

January 17, 2023

Via: Investing.com

U.S. stocks are falling to start a new week after Goldman Sachs posted worse-than-expected quarterly results on rising costs and a slump in deal activity. At 11:19 ET (16:19 GMT), the Dow Jones Industrial Average was down 377 points or […]


Financial Services, Industries

Bank of America tops expectations as higher rates help offset declines in investment banking

January 13, 2023

Via: CNBC

Bank of America reported fourth-quarter results on Friday that showed higher interest rates helped the Wall Street giant make up for a sharp slowdown in investment banking. Here are the key metrics compared with what Wall Street expected: Earnings: 85 […]


Enterprise, Industries

Energy price surge prompts big earnings upgrade at British Gas owner Centrica

January 12, 2023

Via: Sky News

Shares surged to levels not seen since May 2019 following the company’s update. Centrica credited its electricity generation and gas production activities for the upgrade – as opposed to profitability at its household supply arm. The company said it now […]


Enterprise, Industries

Bayer shares gain on prospect of second activist pushing for change

January 11, 2023

Via: Investing.com

Bayer is facing demands from activist investor Bluebell Capital Partners to break up, a person familiar with the matter told Reuters, pushing shares in the diversified health and agriculture group to a five-week high. The source said Bluebell had invested […]


Enterprise, Industries

Virgin Orbit shares crash after failure of first UK space launch

January 10, 2023

Via: Sky News

Stocks fell in value from $2.01 (£1.65) at the close of trading on Monday night, to $1.50 (£1.23) when US markets opened on Tuesday morning, loosing more than 50 cent off the price of a share. The eagerly anticipated mission, […]


Finance Tech, Trading

Why Fear Level Among US Investors Is Decreasing

January 6, 2023

Via: Markets Insider

The CNN Money Fear and Greed index showed easing in the fear level among US investors. US stocks closed lower on Thursday as investors assessed the recent jobs data. Private businesses in the US added 235,000 jobs in December, well […]


Finance Tech, Trading

US stocks fall broadly as S&P 500 ends worst year since 2008

December 30, 2022

Via: ABC News

Stocks fell in morning trading on Wall Street Friday as major indexes close out a dismal year with lingering concerns about stubbornly hot inflation and a potential recession. The S&P 500 fell 0.8% as of 10:15 a.m. Eastern. The index, […]


Finance Tech, Trading

Shares gain in Asia after China relaxes more COVID rules

December 27, 2022

Via: ABC News

Shares advanced Tuesday in Asia after China announced it would relax more of its pandemic restrictions despite widespread outbreaks of COVID-19 that are straining its medical systems and disrupting business. China’s National Health Commission said Monday that passengers arriving from […]


Enterprise, Industries

Nike shares surge as inventory challenges start to abate, demand stays strong

December 21, 2022

Via: Investing.com

Nike Inc (NYSE:NKE)’s shares soared about 11% on Wednesday as investors shrugged off margin pressure at the sportswear giant and focused on the company’s efforts to fix its inventory problems that have plagued its business in recent quarters. At least […]


Finance Tech, Trading

Stocks drift, bond yields jump after Japan surprises markets

December 20, 2022

Via: ABC News

Stocks are drifting on Wall Street, and bond markets around the world are feeling pain Tuesday after a surprise move from Japan’s central bank cranked the pressure even higher on an already slowing global economy. The S&P 500 was 0.1% […]


Finance Tech, Trading

Wall Street may get much worse in 2023 before getting better

December 15, 2022

Via: ABC News

The worst may be yet to come for the stock market. Wall Street’s mini-rebound since mid-October has recovered some of the index’s sharp losses from the first 10 months of the year. It closed Monday a shade below 4,000, up […]


Finance Tech, Trading

Stocks open higher on Wall Street but remain lower for week

December 8, 2022

Via: ABC News

Stocks are opening modestly higher on Wall Street, but remain lower for the week after five straight losses. The S&P 500 was up 0.2% in the early going Thursday and the tech-heavy Nasdaq was down 0.1%. The Dow Jones Industrial […]


Finance Tech, Trading

European Stocks Seen Opening Weak On Tuesday

December 6, 2022

Via: Markets Insider

European stock markets are likely to open negative on Tuesday tracking losses in Asian peers and overnight losses on Wall Street. Stronger-than-expected services activity data from the U.S. on Monday renewed fears of further tightening by the Fed, which eclipsed […]


Finance Tech, Trading

European Stocks Seen Opening Weak

November 28, 2022

Via: Markets Insider

European stock markets are likely to open negative on Monday tracking losses in Asian peers. China’s surging Covid caseload and widespread protests against the strict restrictions dampened investor sentiment in most of the Asian markets. On Friday, reaction to the […]


Finance Tech, Trading

Global stocks down after Wall St weekly loss on rate fears

November 21, 2022

Via: ABC News

Global stock markets sank Monday after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes to cool inflation. London, Frankfurt, Shanghai and Hong Kong fell. Tokyo gained. Oil prices […]


Finance Tech, Trading

Global stocks mixed after Wall St falls on rate hike worries

November 18, 2022

Via: ABC News

Asian stock markets fell Friday while Europe opened higher after a Federal Reserve official suggested U.S. interest rates might have to be raised higher than expected to cool inflation. London and Frankfurt advanced while Shanghai, Hong Kong and Tokyo declined. […]


Finance Tech, Trading

Global stocks higher after US, Chinese presidents meet

November 15, 2022

Via: ABC News

Global stocks gained Tuesday after Wall Street gave back some of last week’s huge gains, the American and Chinese presidents met and China’s consumer spending shrank in a sign its economy is weakening. Frankfurt, Shanghai, Tokyo and Hong Kong advanced, […]


Finance Tech, Trading

Global stocks mixed amid inflation hopes, virus unease

November 14, 2022

Via: ABC News

Asian stocks declined while Europe opened higher Monday as optimism about lower U.S. inflation competed with unease over a rise in Chinese virus cases. London and Frankfurt gained. Shanghai and Tokyo retreated while Hong Kong rose. Oil prices were little-changed. […]


Finance Tech, Trading

US futures point higher, adding to Thursday’s huge gains

November 11, 2022

Via: ABC News

Wall Street pointed higher in premarket trading Friday, adding to the hefty gains from a day earlier when government data showed that U.S. inflation eased more expected, spurring hopes the Federal Reserve might scale down plans for more interest rate […]