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#Breaking News: Markets
globalcourant · 2 years
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Bed Bath & Beyond shares crater after meme stock files share offering of undisclosed amount
Bed Bath & Beyond shares crater after meme stock files share offering of undisclosed amount
Signage outside a Bed Bath & Beyond retail store in New York, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Bed Bath & Beyond shares dropped after the retailer turned meme stock said in a filing it would sell shares of an undisclosed amount. The shares fell 19% in premarket trading. “We may offer, issue and sell shares of our common stock from time to time,” the company said in the…
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creativitytoexplore · 2 years
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Stock futures tick up on mixed earnings results from big banks
Stock futures tick up on mixed earnings results from big banks
Stock futures rose Friday as investors turned their attention to big bank earnings after the major averages staged a historic turnaround rally. Futures tied to the Dow Jones Industrial Average increased 190 points, or 0.63%. S&P 500 futures gained 0.69%, and Nasdaq 100 futures ticked up 0.66%. JPMorgan Chase and Wells Fargo gained after revenue topped expectations. Morgan Stanley reported a…
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forupss · 2 years
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Euro slides below $0.99 after Russia halts gas supplies to Europe
Euro slides below $0.99 after Russia halts gas supplies to Europe
10 and 5 euro notes. Adrien Fillon | Nurphoto | Getty Images The euro fell below $0.99 for the first time in 20 years Monday, after Russia said it would shut off its main gas supply pipeline to Europe indefinitely. The EU’s common currency was trading around 0.9911 versus the dollar by 10:00 a.m. London time (5:00 a.m. ET), having climbed off lows of $0.9881 hit earlier in the day. The dollar…
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smithleonardo · 2 years
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Hedge funds are sitting on a record level of bearish bets on the stock market
Hedge funds are sitting on a record level of bearish bets on the stock market
Traders work on the floor of the New York Stock Exchange (NYSE), August 17, 2022. Brendan McDermid | Reuters Hedge funds are getting increasingly skeptical about this big rally that broke out in the middle of a bear market. Net short positions against the S&P 500 futures by hedge funds have reached a record $107 billion this week, according to calculations by Greg Boutle, head of U.S. equity and…
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pressnewsagencyllc · 3 hours
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Anglo American rejects BHP's $39 billion takeover bid to form mining juggernaut
Shares of Anglo American were trading down 0.5% at 9:00 a.m. London time, while other mining stocks rose. In a statement, the British miner said that board members had unanimously rejected BHP’s “unsolicited, non-binding and highly conditional” proposal. Anglo American’s Chairman Stuart Chambers dismissed the bid as “opportunistic.” “The BHP proposal is opportunistic and fails to value Anglo…
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vikartaa · 3 months
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Asia markets open mixed, EV maker shares resume selloff amid Tesla's slowdown warning
Commercial and residential buildings at dusk in the Minato district of Tokyo, Japan. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were mixed Friday as investors digested inflation data from Tokyo. Shares of electric vehicle makers in the region dropped for a second day, unable to shrug off worries sparked by bellwether Tesla’s slowdown warning. Hong Kong-listed shares of Xpeng and…
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werr455 · 8 months
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Asia markets decline as investors assess Japan's inflation; Evergrande bankruptcy file in China
36 minutes ago Philippine central bank governor says there is room for further rate hikes The head of the Philippine central bank said there is room for further interest rate hikes without hurting economic growth. “I think we have room to go hiking without shrinking the economy,” Eli Rimolona, ​​governor of Bangko Sentral ng Pilipinas, told CNBC. The Philippine central bank left its benchmark…
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neyatimes · 9 months
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Delivery Hero doubles down on Middle East with Saudi deal
The website of food delivery service Delivery Hero. Rafael Henrique | SOPA Images | LightRocket via Getty Images Delivery Hero, the German online food delivery company, said Friday that it is taking full ownership of its Saudi subsidiary in a transaction valued at $297 million. The company said it has bought the remaining 37% stake in HungerStation, which operates Delivery Hero in Saudi Arabia —…
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charles-dailey · 1 year
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creativitytoexplore · 2 years
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Stock futures fall to start week with key inflation data, earnings ahead
Stock futures fall to start week with key inflation data, earnings ahead
Stock futures were lower Monday morning as the markets come out of a tumultuous week and traders look ahead to key reports coming in the next week that can offer insights into the health of the economy. Futures connected to the Dow Jones Industrial Average slid 28 points. S&P 500 futures were lower by 0.18%, while Nasdaq 100 futures fell 0.30%. Market observers generally consider the week ahead…
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fuzzytimes1 · 1 year
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Nasdaq 100 futures rise as Meta surges on quarterly sales growth
Futures linked to the Nasdaq-100 were higher on Thursday, boosted by strong gains from Facebook parent Meta Platforms. Nasdaq 100 futures gained 1.3%. S&P 500 futures were up 0.5%. Futures linked to the Dow Jones Industrial Average ticked down 43 points, or 0.1%. Meta was up more than 19% in premarket trading after a Revenue exceeded in fourth quarter and announcement a $40 billion share buyback.…
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muffinlance · 2 months
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I'm barely to the massacre and I can already tell I'm going to be screaming at every this-makes-no-sense decision made by the writers (your temple is under violent attack, and you evacuate the kids... to a barely enclosed corner in a prominent temple room? Instead of to the hundreds of sky bison that were highlighted as flying in earlier? Why?) (And Aang left to clear his head and think instead of to run from his duties? That's such a less compelling plot arc?) (And the show had him briefly monologue about being a goofy kid who loves pies and his friends instead of using the extended temple scene to show any of that? Didn't want to pay more child actors, did you, Netflix?)
Yeah I'm just. Going to be screaming at the screen instead of enjoying this. Different decisions aren't necessarily bad, but when those decisions seem to be in the direction of "show a man burning alive before we even get to the on-screen massacre" this is just... not the show for me.
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asikomecom · 1 year
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Asia-Pacific shares, U.S. CPI, inflation - CNBC
Asia-Pacific shares, U.S. CPI, inflation – CNBC
Pedestrians cross a road in front of the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Oct. 29, 2020. Kiyoshi Ota | Bloomberg via Getty Images Asia-Pacific shares opened in positive territory as investors look ahead to a highly anticipated Federal Reserve meeting and U.S. CPI data reading. Hong Kong’s Hang Seng index was up 0.67%… Read more
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usaitbari · 1 year
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Here's where the jobs are for November 2022 — in one chart
Here’s where the jobs are for November 2022 — in one chart
The U.S. job market beat expectations again in November, adding 263,000 payrolls led by the service sector. Leisure and hospitality was the top category for job gains, according to a report from the U.S. Bureau of Labor Statistics, adding 88,000 jobs. Roughly 62,000 of those jobs were in food and drink services, the report said. Health care and social assistance was the second-biggest category…
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reportwire · 1 year
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Here's why 7 Club stocks, including Nvidia and Meta, beat the market in January and February, defying this year's seesaw start
This year has, so far, been something of a Jekyll and Hyde market for equities. January’s strength was a welcome reprieve from the brutality that was 2022. February’s stumble has reminded us that sticky inflation remains a challenge for both the broader economy and stocks. With that in mind, we sifted through our portfolio to find names with a mix of durable fundamentals and stories strong enough…
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