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Tag: shares


Enterprise, Industries

Dollar General shares sink on second annual forecast cut, quarterly results miss

August 31, 2023

Via: Investing.com

Dollar General cut its annual forecasts and posted a worse-than-expected quarter, hit by weaker store traffic and a move to sell more low-margin essentials over discretionary goods, knocking its shares down 16%. The Goodlettsville-Tennessee based retailer has fallen short of […]


Finance Tech, Trading

August once again lives up to its dismal reputation for stocks

August 24, 2023

Via: CNBC

Wall Street is really suffering through the dog days of August. The S&P 500 is down more than 3% this month, on pace to snap a five-month winning streak. The broader market index is also on track to post its […]


News

Eurozone Private Sector Shrinks Most In 8 Months

August 3, 2023

Via: Markets Insider

Euro area private sector contracted the most in eight months in July due to the deepening downturn in manufacturing and a near-stalling of services output. The final HCOB composite output index fell to an eight-month low of 48.6 in July […]


Finance Tech, Trading

US Stocks Mixed; Pfizer Earnings Beat Views

August 1, 2023

Via: Markets Insider

U.S. stocks were mixed this morning, with the Dow Jones trading slightly higher on Tuesday. Following the market opening Tuesday, the Dow traded up 0.03% to 35,568.68 while the NASDAQ fell 0.57% to 14,264.52. The S&P 500, also fell, dropping, […]


News

Gainful employment plan could lead to more loans fully repaid

July 28, 2023

Via: Education Dive

IDR plans allow borrowers to pay back their loans based on their discretionary income and forgive their remaining balances after a certain period of time. The Education Department finalized new IDR regulations earlier in July. They drop the required payment […]


Financial Services, Industries

Wells Fargo announces $30 billion buyback, shares rise

July 25, 2023

Via: CNBC

Wells Fargo shares popped Tuesday after the bank said it would buy back $30 billion in stock. The company also said its board of directors approved a previously announced dividend increase, to 35 cents per share from the previous 30 […]


Capital, Finance Tech

American Airlines shares drop on early signs of weakening pricing power

July 20, 2023

Via: Investing.com

Shares of American Airlines (NASDAQ:AAL) fell on Thursday as its outlook for the second half of the year disappointed investors even as the company lifted its full-year profit forecast and posted higher-than-expected quarterly earnings. American forecast adjusted profit of $3.00 […]


News

China’s economy misses growth forecasts, raising the odds of more support for its tepid recovery

July 17, 2023

Via: ABC News

China’s economic growth missed forecasts in the second quarter of the year, adding to worries over surging youth unemployment and a weak property sector and raising the likelihood the government will double down on support for the faltering post COVID-19 […]


News

Stocks making the biggest moves midday: UnitedHealth, JPMorgan Chase, Microsoft, JetBlue and more

July 14, 2023

Via: CNBC

Shares inched 0.6% higher after the bank reported stronger-than-expected results for the second quarter, as it benefited from higher interest rates and better-than-expected bond trading. Wells Fargo shares dipped slightly even after the Wall Street firm topped second-quarter expectations. The […]


Finance Tech, Trading

The economy is expanding and investors need to buy the dip in stocks, Fundstrat says

July 7, 2023

Via: Markets Insider

The buy-the-dip regime in stocks is back – and investors should take advantage of the recent pullback in equities as the economy is expanding, according to Fundstrat’s head of research Tom Lee. Lee, who has been bullish on stocks for […]


Finance Tech, Trading

How major US stock indexes fared Thursday 7/6/2023

July 6, 2023

Via: ABC News

Stocks closed lower after reports suggested the U.S. job market remains much more resilient than expected. The S&P 500 fell 0.8% Thursday. The Dow lost 366 points, or 1.1%, and the Nasdaq fell 0.8%. While a sturdy labor market keeps […]


Finance Tech, Liquidity

Gold Price Latest: Testing Support as US Inflation Data Nears

June 30, 2023

Via: DailyFX

The recent leg higher in US Treasury yields continues to press down on gold and with rates expected to stay high, or even higher, for longer then the path of least resistance for the precious metal looks lower. Thursday’s robust […]


Finance Tech, Trading

Stock market today: Wall Street futures follow global shares lower on rate hikes galore

June 22, 2023

Via: ABC News

Stocks are drifting on Wall Street as central banks cranked up interest rates in their ongoing fight against inflation. The S&P 500 rose less than 0.1% in afternoon trading Thursday. The majority of stocks in the benchmark index were slipping, […]


News

Stocks making the biggest moves midday: Dollar Tree, Amazon, FedEx and more

June 21, 2023

Via: CNBC

Shares of the online retail giant slumped 0.8% after the Federal Trade Commission said it was suing Amazon over allegations of deceptively pushing customers to sign up for Prime and frustrating them in their efforts to cancel. The delivery company […]


Finance Tech, Liquidity

Gold Price Setup: Can Stretched Long Positioning in XAU/USD Trump Technicals?

June 8, 2023

Via: DailyFX

Gold is at a critical juncture – stretched retail traders’ long positioning poses downside risks to XAU/USD. However, if the past is any guide, the yellow metal may not be ripe for a bearish break just yet. The IG Client […]


Finance Tech, Trading

Stocks edge up as Aussie hike provides rates reminder

June 5, 2023

Via: Investing.com

World shares edged higher on Tuesday as investors mulled whether a recent rally in stocks has legs to run further, while Treasury yields drifted higher as traders pared bets that U.S. rate cuts are on the horizon given sticky price […]


Finance Tech, Trading

Stock market today: Wall Street drifts after tepid report on economy

June 5, 2023

Via: ABC News

U.S. stocks are drifting Monday to begin what could be a quiet stretch following their best week since March. The S&P 500 edged up 0.3% in morning trading. The Dow Jones Industrial Average was down 61 points, or 0.2%, at […]


Capital, Finance Tech

Instructure’s first-quarter revenue climbs 13.6% as Canvas gains market share

May 2, 2023

Via: Education Dive

Canvas has consistently grown over the past 10 years, with the LMS now being used by more than one-third of higher education institutions in the U.S. and Canada, according to an annual analysis from market research and consulting firm Phil […]


Finance Tech, Trading

Stocks making the biggest moves after hours: Ford, Starbucks, Clorox and more

May 2, 2023

Via: CNBC

Ford topped analysts’ expectations on the top and bottom lines, according to Refinitiv. However, the firm reiterated its prior full-year guidance of adjusted earnings between $9 billion and $11 billion, as well as about $6 billion in adjusted free cash […]


Finance Tech, Trading

Stock market today: US futures slip ahead of inflation data

April 28, 2023

Via: ABC News

Wall Street closed out a winning April with gains Friday after more companies said their profits at the start of the year weren’t as bad as expected. The S&P 500 rose 34.13, or 0.8%, to 4,169.48. Despite some sharp swings […]