SpaceX Reports First Quarter Earnings, Divests Bitcoin Holdings; Cryptocurrency crash
New SpaceX financial documents published by The Wall Street Journal provide a rare look at Elon Musk’s private rocket company. Cryptocurrency prices have swung wildly after a report late Thursday…
Read moreStocks Rise After Extraordinary Friday Night Earnings | Business Investor Daily
Palo Alto Networks (Banu) posted quarterly profits that beat expectations, the cybersecurity firm said in a press release issued late Friday, raising eyebrows about its timing. Palo Alto stock popped…
Read morePalo Alto Networks stock jumps with highest earnings estimates
font size Palo Alto Networks office Dream time Palo Alto Networks The stock was on the rise in late trading Friday after an unusual weekend for the security software company…
Read moreStocks Creep Back to End a Rough Week on a Mixed Note: Stock Market News Today
US stocks recovered from sharp early losses in Friday’s session but ended the week sharply lower as the August swoon continued on Wall Street. The Dow Jones Industrial Average (^DJI)…
Read moreTesla stock fell again for a new reason. Here’s where to go.
font size Tesla stock tends to rise faster than the Nasdaq when the index is up, but it falls faster when the benchmark is down. Philip Lopez/AFP via Getty Images…
Read moreBuyout Deals knocking on US Steel’s door as ‘glory days’ fade
The industry could soon absorb one of the most respected industrial names in the American economy. US Steel (X) this week It revealed that the company is evaluating “Strategic Alternatives”…
Read moreNvidia’s earnings can impress again. This analyst is “extremely optimistic.”
font size Expectations are high ahead of Nvidia’s earnings on Wednesday. Dream time nvidia ‘s Next week’s second quarter earnings are highly anticipated, to say the least. Wedbush analyst Matt…
Read moreVietnam trader loses $18 billion after EV Maker shares sank
(Bloomberg) — After an astronomical rally on its first trading day, VinFast Auto Ltd. Now to the ground – erasing a large chunk of its billionaire founder’s fortune. Most Read…
Read moreBitcoin calms down with sudden falls, mass liquidations
(Bloomberg) — A period of unusual calm in cryptocurrency markets abruptly ended this week as the idea of higher interest rates for longer triggered a sell-off in risky assets like…
Read moreDow Jones slipped 150 points. Bitcoin Drops Elon Musk Sales
The Dow Jones Industrial Average fell 150 points on Friday, as major stock indexes extended losses on Thursday. Meanwhile, Elon Musk-led SpaceX sold its entire stake in Bitcoin, which led…
Read moreDow futures plunge amid China worries as bears take hold; Ultimate AI Stock Nvidia tries to fight back
Dow futures fell early Friday, along with S&P 500 futures and especially Nasdaq futures, as real estate woes in China offset falling Treasury yields. X Applied materials (huge) And Ross…
Read moreChina is stepping up efforts to stabilize markets as confidence plummets
(Bloomberg) — Chinese authorities have stepped up efforts in recent days to prop up financial markets, in a sign that Beijing is growing increasingly uncomfortable with the pace of decline…
Read moreApplied Materials, Keysight, Farfetch, Deere, XPeng and more market drivers
font size Applied Materials’ fiscal third-quarter earnings beat analyst expectations. Dream time Stock futures were falling on Friday after Standard & Poor’s 500 Third consecutive losing session. Treasury yields stalled…
Read moreShark Tank investor Kevin O’Leary says Michael Perry’s bet on the S&P 500 will hurt, even if he’s ultimately right
Astrid Butars/Getty Images Michael Berry’s bet against the S&P 500 could be painful, Kevin O’Leary warned. It is because the index is diversified and short stocks are risky. O’Leary says:…
Read moreDataTrek says markets should prepare for a turbulent few weeks as the slow motion rate shock continues
Federal Reserve Governor Jerome Powell delivers remarks during a conference at the Brookings Institution in Washington.Reuters/Carlos Parrea Stocks could be exposed to more Fed-induced turmoil, according to DataTrek Research. This…
Read moreApplied Materials gives a strong prediction with low chip hysteresis
(Bloomberg) — Applied Materials Inc., the largest U.S. maker of chip making machinery, offered a bullish forecast for the current quarter, suggesting the industry’s downturn may be fading. Most Read…
Read moreChina Evergrande Group Files Chapter 15 Bankruptcy in New York
(Bloomberg) — China’s Evergrande Group filed for Chapter 15 bankruptcy protection in New York on Thursday, in a move that shields its US assets from creditors while it works on…
Read moreStocks Fall for Third Day in a Row as Yields Continue to Rise: Stock Market News Today
On Thursday, US stocks closed sharply lower for the third consecutive session as the August gloom continued on Wall Street. The leading Dow Jones Industrial Average (^DJI) is down about…
Read moreSoFi crashes price target as investors show ‘more continued interest’
font size Last month, SoFi reported strong deposit numbers for the second quarter and beefed up its financial guidance. Justin Sullivan/Getty Images Investors are constantly becoming more interested SoFi Technologies…
Read moreAvoid this very common retirement mistake
Empty nester not saving enough for retirement Saving for retirement It is a lifetime pledge. It involves taking into account your retirement goals as you have kids, get different jobs…
Read moreEXCLUSIVE – Chinese state banks witnessed dollar-to-yuan selling in London and New York for hours
SHANGHAI (Reuters) – Major Chinese state-owned banks have been seen busy selling U.S. dollars to buy yuan on onshore and offshore spot foreign exchange markets this week, people with direct…
Read moreCisco gains after the CEO points to advances in artificial intelligence and security
(Bloomberg) — Cisco Systems Inc. Inc., the largest maker of computer networking equipment, is in late trading after the company outlined advances in artificial intelligence and security technology, which helped…
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Abbey earnings smash Wall Street estimates. Here’s why the stock is down.
font size Wall Street is starting to wonder if the current environment is as good as it is for Derry. Justin Sullivan/Getty Images monastery It shattered Wall Street’s earnings estimates…
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