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Latest Stock Market News
Latest Stock Market News
04:07am, Thursday, May 23, 2024
In a strategic move to enhance shareholder value, DuPont de Nemours Inc. (NYSE: DD) announced plans to split into three publicly traded companies. The decision marks a significant shift for the industrial giant and coincides with CEO Ed Breen stepping down from his role.
03:59am, Thursday, May 23, 2024
In an exclusive interview with Yahoo Finance, Nvidia (NASDAQ: NVDA) CEO Jensen Huang highlighted the intense demand for the company's AI chips and the ongoing supply challenges.
08:10am, Wednesday, May 22, 2024
Target issued a weak earnings forecast as cautious consumer spending continued, leading to an 8% drop in shares. The retailer's outlook contrasts with Walmart's positive results, highlighting its struggle to maintain market share.
06:49am, Wednesday, May 22, 2024
Nvidia's earnings report and Fed minutes are key market drivers today. UK inflation falls less than expected, and Tesla's European sales hit a 15-month low.
06:32am, Wednesday, May 22, 2024
AWS to invest €15.7B in Aragon, Spain, creating 17,500 jobs annually through 2033 and powering data centers with renewable energy.
04:35am, Wednesday, May 22, 2024
JPMorgan's Marko Kolanovic remains steadfast in his bearish outlook, forecasting a 20% drop in the S&P 500 to 4,200 despite recent record highs.
04:15am, Wednesday, May 22, 2024
In a move to attract investors seeking higher returns, Citigroup (NYSE: C) and several other major banks are issuing preferred stock with attractive 7% yields. This development presents a compelling opportunity for income-focused investors in a low-interest-rate environment.
02:06am, Wednesday, May 22, 2024
Nvidia’s Q1 earnings report anticipates a 200% rise in revenue to $24.69B and a 400% increase in profits with EPS at $5.65, driven by AI chip demand...
09:04am, Tuesday, May 21, 2024
U.S. stocks mixed as Nasdaq hits record high. Lowe's beats earnings expectations, and Bitcoin and Ether surge on ETF progress. Key premarket movers detailed.
08:40am, Tuesday, May 21, 2024
AstraZeneca (NYSE: AZN) plans to boost its revenue to $80 billion by 2030 with new drugs in oncology, biopharmaceuticals, and rare diseases, focusing on innovative cancer treatments.
08:10am, Tuesday, May 21, 2024
Macy's (NYSE: M) exceeded its modest Q1 expectations, sparking discussions about the company's future direction. As the retail giant navigates a challenging market, it weighs options for a potential turnaround or a buyout.
08:01am, Tuesday, May 21, 2024
Hedge funds and notable investors are capitalizing on the current low prices of Pfizer (NYSE: PFE) stock, showing increased interest in the pharmaceutical giant amidst market fluctuations.
07:56am, Tuesday, May 21, 2024
Palo Alto Networks shares tumbled after the company issued a lackluster sales forecast, raising concerns about future growth prospects. The cybersecurity firm's outlook missed analyst expectations, leading to a significant market reaction.
08:48am, Monday, May 20, 2024
The recent surge in GameStop shares cost investors $13.1 billion, surpassing the company's market value. This episode mirrors the 2021 meme stock craze, emphasizing the impact of social media on market dynamics.
08:40am, Monday, May 20, 2024
JPMorgan Chase updates 2024 revenue forecast; Apple discounts iPhones in China; AI innovations spotlighted at Dell and Microsoft events.
07:08am, Monday, May 20, 2024
Ryanair posts record annual profit of €1.92 billion as passenger numbers soar. Revenue rises to €13.44 billion despite higher operating costs.
06:47am, Monday, May 20, 2024
Gold reaches record $2,450 an ounce on Fed rate-cut hopes and Middle East tensions. Inflation data and strong demand also boost prices. Silver hits 2012 high.
06:39am, Monday, May 20, 2024
Asian stocks rally after US equities hit record highs, bolstered by strong corporate earnings and China's property market support. Investors eye key economic data and policy decisions this week.
08:51am, Friday, May 17, 2024
Dow reaches 40,000; Figma tender offer values company at $12.5B; Reddit shares surge with OpenAI deal; Boeing CEO board vote; Oil prices rise on demand signs.
07:04am, Friday, May 17, 2024
European stocks decline amid fluctuating Federal Reserve rate expectations, leading to a pullback from riskier assets. Traders remain cautious as they await more data on inflation and economic growth.
06:55am, Friday, May 17, 2024
China introduces an aggressive rescue package to rejuvenate its property sector, including relaxed mortgage rules and significant funding for local governments to purchase unsold homes. The initiative aims to stabilize the housing market and bolster economic growth.
09:54am, Thursday, May 16, 2024
U.S. jobless claims fell to 222,000 last week, still higher than expected. Fed closely watches for economic impact.
09:38am, Thursday, May 16, 2024
Under Armour (UA), Chubb (CB), and Walmart (WMT) see notable shifts based on earnings updates and forecasts. Learn more
06:06am, Thursday, May 16, 2024
Hedge funds have significantly increased their exposure to Nvidia, driven by the AI boom, while reducing stakes in AMD. This shift highlights the growing confidence in Nvidia's market leadership.
05:23am, Thursday, May 16, 2024
China has sold a record $53.3 billion of US Treasuries and agency bonds in the first quarter, signaling a strategic diversification away from American assets amidst ongoing trade tensions.
09:16am, Wednesday, May 15, 2024
Stock markets on Wednesday: AI advancements at Google, and strategic shifts at Walmart impacting investments.
04:48am, Wednesday, May 15, 2024
Walmart has announced a significant restructuring that includes layoffs and mandatory relocations for numerous employees. The changes aim to consolidate operations and enhance collaboration by bringing staff together at major office locations.
04:40am, Wednesday, May 15, 2024
In a bold move, Brazil's President Lula has dismissed Petrobras CEO Jean Paul Prates following a dividend payment controversy, causing the company's shares to drop over 6%. Magda Chambriard is set to take the helm, signaling potential shifts in company strategy and governance.
03:52am, Wednesday, May 15, 2024
Meme stocks are surging once more, with GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC) leading the pack after a significant online push by "Roaring Kitty." Despite the current excitement, these stocks remain far below their 2021 peaks.
08:14am, Tuesday, May 14, 2024
Overview of U.S. inflation, AI advancements by OpenAI, Home Depot's financials, and updates on crude oil prices.
07:45am, Tuesday, May 14, 2024
GameStop and AMC stocks jumped in early trading on Tuesday. This boost came after a major player from their 2021 rise returned to social media, reigniting interest in meme stocks.
06:53am, Tuesday, May 14, 2024
Warren Buffett’s Berkshire Hathaway holds a staggering $175 billion in just two stocks: Apple (NASDAQ: AAPL) and Bank of America (NYSE: BAC). Recent analyst forecasts suggest potential increases of 34% and 17%, respectively, in their stock prices over the next year.
09:55am, Monday, May 13, 2024
Super Micro Computer shows robust AI sector growth and resilience in tech stocks. Is now the right time to buy SMCI stock?
09:00am, Monday, May 13, 2024
Today's stock market saw significant movements with updates from Intel, Tesla, and Apple influencing share prices.
08:04am, Monday, May 13, 2024
This week, markets will focus on the Producer Price Index for April, Fed signals, and major retailer earnings from companies such as Walmart (WMT), Cisco (CSCO), and Home Depot (HD)
05:36am, Monday, May 13, 2024
Despite investor calls for dividends, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) remains resistant. With a historical stance against dividends under Warren Buffett's leadership, the conglomerate focuses on value creation through reinvestment and share repurchases. Will this ever change?
05:11am, Monday, May 13, 2024
Roblox Corporation (NYSE: RBLX) experienced a significant stock price drop after its Q1 earnings report, despite raising its revenue forecast for the year. The decline was due to a lowered bookings forecast, which is a critical indicator of user spending on the platform.
04:56am, Monday, May 13, 2024
Robinhood Crypto, a branch of Robinhood Markets, received a Wells notice from the SEC, signaling potential enforcement actions for not registering as a securities broker and transfer agent. This action forms part of the SEC's broader regulatory clampdown on cryptocurrency operations
08:40am, Friday, May 10, 2024
Novavax's stock soared after announcing a lucrative $1.2 billion licensing agreement with Sanofi for its COVID-19 vaccines, significantly boosting its valuation and providing a robust financial lifeline.
