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Asia-Pacific markets were set to open mixed Thursday as investors look ahead to the U.S. jobs report due later this week that may provide clues about how long the Fed will stay on hold. The U.S. jobs report for April is due on Friday and economists say payrolls could easily reach 1 million after 916,000 jobs were added in March. […]
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Here are the most important news, trends and analysis that investors need to start their trading day: Wall Street looks for rise, one day after a tech-led sell-off Dogecoin surges another 20%, approaching 70 cents per coin GM sees strong first half despite chip shortage interruptions Facebook's oversight board rules to keep Trump ban in place Honest Company raises over […]
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Check out the companies making headlines after the bell on Tuesday: Activision Blizzard — Shares of the video game company popped more than 5% on quarterly results that beat analyst expectations. Activision Blizzard reported earnings of 84 cents per share, topping a Refinitiv forecast of 70 cents per share. The company's revenue came in at $2.07 billion, beating an estimate […]
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European stocks are expected to open in flat-to-lower territory on Tuesday, following similarly mixed sentiment elsewhere. London's FTSE is seen opening 3 points lower at 6,973, Germany's DAX down 34 points at 15,202, France's CAC 40 down 18 points at 6,290 and Italy's FTSE MIB 41 points lower at 24,379, according to IG. European stocks are expected to open in flat-to-lower […]
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Today will either mark the start of Westpac’s comeback or the day it will rue by setting itself an ambitious cost reduction target against which it will be judged for three years. Westpac’s 60 per cent increase in half-year cash profit, excluding one-offs, announced on Monday, reflects some wind back from last year’s big provisions and the generally better experience […]
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Anand Venkateswaran, aka Twobadour, is the co-founder of the world’s largest NFT fund, Metapurse. The fund bought the $69 million NFT by Beeple and claims to spend around $250,000 a week on NFTs. Venkateswaran shares his digital art investment strategy and tips for building crypto wealth. See more stories on Insider’s business page. When the global pandemic upended how society […]
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Hometown International, which has had a bizarre $100 million stock market capitalization despite owning just one New Jersey deli disavowed that valuation in a filing with the Securities and Exchange Commission. "Management is aware of no basis to support the Company's stock price, based upon its revenue or assets," Hometown International Chairman Peter Coker Jr. said in a signed statement […]
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Next week promises to be just like the past week, with more than 900 publicly traded companies scheduled to report March quarter earnings. Energy exploration and production companies will be among the industries heavily represented next week. Some top brands like Google, Ferrari, Pfizer and T-Mobile are on deck as well. Looking ahead to companies reporting earnings after Thursday’s closing […]
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Netflix’s ‘MeatEater’ star shares tips for finding refuge outdoors Steven Rinella shares outdoor tips Recreational vehicles are hitting the roads at a pace never seen before as the COVID-19 pandemic has driven more Americans to explore the country. Total RV shipments in March rose 79% from a year ago to 54,291 units, according to data released by the RV Industry […]
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Take a look at some of the biggest movers in the premarket: Alphabet (GOOGL) – Alphabet reported record profit for the second consecutive quarter, earnings of $26.29 per share compared to a consensus estimate of $15.82 a share. Revenue beat forecasts, and the Google parent also announced a $50 billion share buyback. Shares jumped 5.1% premarket. Spotify (SPOT) – The […]
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