Reuters. People wearing protective masks after a coronavirus outbreak are reflected on a screen displaying the Nikkei index outside a brokerage firm in Tokyo. By Scott Murdoch and Suzanne Barlyn. HONG KONG/NEW YORK (Reuters) – Asian stocks slipped on Tuesday, refreshing Wall Street’s stronger lead, as China’s post-holiday rallyRead More →
© Reuters. FILE PHOTO: The Tesla logo is pictured on an electric car at Brussels Motor Show (Reuters) – Shares of Tesla (O:) surged 10% to a record high on Monday, extending their rally to nearly 40% in five sessions after analysts raised their price targets on the electricRead More →
© Reuters. FILE PHOTO: Customers leave an Albertsons grocery store with their purchases in Burbank By Joshua Franklin and C Nivedita (Reuters) – Albertsons Cos Inc (N:) saw its shares fall in its New York Stock Exchange debut on Friday, a day after the U.S. supermarket operator downsized its initialRead More →
Shares in Grayscale’s Ethereum Investment Trust (ETHE) have crashed by 50% in just four days on the secondary, over-the-counter (OTC) markets. With each share representing 0.094 Ether (ETH), the sharp retracement has seen the price premium on the trust’s shares fall from 750% to roughly 360% in less than twoRead More →
© Reuters. FILE PHOTO: A cup of ‘Luckin Coffee,’ coffee is poured during the company’s IPO at the Nasdaq Market site in New York (Reuters) – Luckin Coffee Inc (O:) disclosed on Tuesday that it received a de-listing notice from the Nasdaq Inc (O:) last week after it failed toRead More →
© Reuters. FILE PHOTO: A man walks past an electronic board showing stock prices outside a brokerage in Tokyo By Hideyuki Sano TOKYO (Reuters) – Global shares and oil prices extended their rebound on Tuesday on mounting speculation policymakers around the world would move to ease the economic fallout fromRead More →
© Reuters. FILE PHOTO: Sanders delivers a speech on “Medicare for All” at George Washington University By Lewis Krauskopf NEW YORK (Reuters) – As concerns over the spreading coronavirus outbreak hammered U.S. stocks, one corner of the market was confronted with another potentially game-changing prospect: a Bernie Sanders nomination. TheRead More →
2/2 © Reuters. An investor is reflected in a window in front of a board displaying stock prices at the Australian Securities Exchange in Sydney, Australia 2/2 By Swati Pandey SYDNEY (Reuters) – Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirusRead More →
(Reuters) – European shares inched higher on Monday as fresh attempts by China to limit the economic impact of the coronavirus outbreak helped calm investor nerves. The pan-European STOXX 600 index () rose 0.3% in early trade, staying slightly below a record high of 432.26 touched last week. Market activityRead More →
By Wayne Cole SYDNEY (Reuters) – Asian share markets followed Wall Street higher on Tuesday as China’s factories struggled to re-open after an extended break, though analysts warned investors might be underestimating how economically damaging the challenge was likely to be. The death toll from the coronavirus epidemic in mainlandRead More →
© Reuters. People walk past an electronic display showing world markets indices outside a brokerage in Tokyo By Hideyuki Sano TOKYO (Reuters) – Asian stocks edged up on Thursday, a day after U.S. S&P 500 hit a record peak following encouraging economic data, while investors keep a wary eye onRead More →
(Reuters) – European shares retreated from recent gains on Wednesday as concerns over the virus outbreak in China persisted, while markets also waited for service-sector activity data from the bloc. The pan-European STOXX 600 () index fell 0.2% by 0803 GMT, having recently recovered from a week of heavy sellingRead More →
By Wayne Cole SYDNEY (Reuters) – Asian share markets were praying for a reprieve at the end of a punishing week as investors snatched at hopes the coronavirus could be contained, even as headlines spoke of more cases and deaths. Sentiment got a timely boost when Amazon’s sales blew pastRead More →
No doubt investors are ready to push Apple shares higher Wednesday after record results, but some analysts appeared divided as to how much further this will juice the stock. Apple shares AAPL, +2.83% rallied late Tuesday after the consumer technology giant reported the second-best quarter ever for iPhone sales, pushingRead More →
iStockphoto The Tanger Outlets in Lancaster County. Shares of Tanger Factory Outlet Centers are rocketing higher even as doubts about the future of bricks-and-mortar retailers continue to plague the company, one of the pioneers of outlet-store shopping. But the big share move upward isn’t because investors have had a changeRead More →
© Reuters. Investors look at computer screens showing stock information at a brokerage house in Shanghai By Tomo Uetake TOKYO (Reuters) – Stocks tumbled on Monday as investors grew increasingly anxious about the economic impact of China’s spreading virus outbreak, with demand spiking for safe-haven assets such as the JapaneseRead More →
A week that started with a coronavirus panic looks set to end on a high note. Earnings optimism and the fact that investors no longer seem to be panicking over the deadly China illness is helping. Wall Street has also been distracted by red-hot Tesla TSLA, +0.46% shares, up 12%Read More →
STOCKHOLM — Shares in Ericsson AB (ERIC) slumped as much as 8.2% in early trade Friday after seeing fourth-quarter earnings weighed by higher costs. The telecommunications equipment company ERIC, +0.22% ERIC.B, -6.69% ERIC.A, -5.19% saw costs rise in the quarter as it invested in acquisitions, digitization, security and ethics andRead More →
U.S. stocks traded mostly lower Tuesday, as investors returned from a holiday and found few reasons to take equities higher following a brisk, record-setting run-up for the major benchmarks in recent weeks. U.S. markets were closed Monday in observance of Martin King Luther Jr. Day. How are benchmarks faring? TheRead More →
© Reuters. Investors look at computer screens showing stock information at a brokerage house in Shanghai By Wayne Cole SYDNEY (Reuters) – Asian shares took a sudden lurch lower on Tuesday as mounting concerns about a new strain of pneumonia in China sent a ripple of risk aversion through markets.Read More →
© Reuters. Investors look at screens showing stock information at a brokerage house in Shanghai By Wayne Cole SYDNEY (Reuters) – Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid U.S. economic data and lashes of liquidity from the FederalRead More →
© Reuters. The German share price index DAX graph is pictured at the stock exchange in Frankfurt By Ambar Warrick (Reuters) – European shares touched a record high on Friday after EU Trade Commissioner Phil Hogan struck a positive tone on talks with Washington, soothing some concerns over a possibleRead More →
By Sanjana Shivdas and Allison Lampert (Reuters) – Bombardier Inc’s (TO:) shares fell 37% on Thursday after the company warned of lower 2019 profits and said it might have to write down significantly the value of its partnership with Airbus (PA:) on A220 jets. Bombardier, which sold control of theRead More →
© Reuters. FILE PHOTO: The logo of Saudi Aramco is seen at Aramco headquarters in Dhahran DUBAI (Reuters) – State-owned oil company Saudi Aramco (SE:) said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million shares, raising the size of its initial public offering (IPO)Read More →
(Reuters) – Macy’s Inc (N:) reported just a 0.6% drop in holiday period same-store sales on Thursday, quelling fears of a more dramatic fall in the department store operator’s numbers for the crucial annual shopping season after an earlier profit warning. The company benefited from strong online sales and demandRead More →
