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Tag: Wall Street

Asian Stock Market: Trades mix as Wall Street corrects, DXY stabilizes, oil advances
Markets in the Asian session are trading mixed as the US indices traded subdued on Monday. The unavailability of any potential trigger has paused the Read full article
The Wall Street Journal: CVS, Walmart, Rite Aid limit purchases of Plan B pills as demand surges following Roe ruling
Some of the nation’s biggest retailers are rationing over-the-counter emergency contraceptive pills as demand spikes following the Supreme Court ruling overturning a constitutional right to abortion. Read full article
The Wall Street Journal: Volkswagen close to selling stake in its U.S. EV recharging business to Siemens
Volkswagen AG, maker of the iconic Porsche sports car, is close to selling a minority stake in its U.S. electric vehicle recharging business to an arm of Siemens AG, a deal that would value the network at more than $2… Read full article
Earnings Results: Nike’s quarterly profit comes in above Wall Street expectations, $18 billion buyback approved
Nike Inc. late Monday reported quarterly earnings above Wall Street expectations and said its board approved a new, $18 billion share buyback program, sending the apparel maker's shares higher in the after-hours session. Read full article
The Wall Street Journal: Taiwan’s GlobalWafers to invest $5 billion in new Texas factory
GlobalWafers Co., a Taiwan-based technology company, unveiled a plan on Monday to build a $5 billion factory in Sherman, Texas, to manufacture silicon wafers, a key material used in the production of semiconductors. Read full article
The Tell: Wall Street bear who called stock-market selloff sees S&P 500 up another 7% before turning lower
“The bear market is likely not over although it may feel like it ,” says Mike Wilson, chief U.S. equity strategist and chief investment officer at Morgan Stanley. Read full article
Wake Up Wall Street (SPY) (QQQ): Rally looks to continue as Michigan sentiment sinks to new low
Here is what you need to know on Monday, June 27: Equity markets got their rally last Friday as the University of Michigan reading hit a record low. L Read full article
The time is ripe for Wall Street layoffs as recession looms and deals boom turns to bust
Banks hired thousands of employees during the pandemic deals boom. They will have to start laying some off soon. Read full article
23h ago
Market Snapshot: U.S. stock futures point to further Wall Street gains on view bad news is good news
U.S. stock futures pointed to an extension of last week's gains, buoyed by data showing a slowing economy that in turn could limit the magnitude of Federal Reserve rate hikes. Read full article
Buy-the-dippers, take note: Wall Street’s most notorious bear sees a stock rally coming
Morgan Stanley equity strategists, led by the bearish Michael Wilson, say the S&P 500 Index may climb another 5% to 7%—before resuming losses. Read More Read full article
The Wall Street Journal: Crypto exchange FTX in talks to acquire stake in lender BlockFi
Crypto billionaire Sam Bankman-Fried has become a lender of last resort to his beleaguered industry. He may end up owning large chunks of it as well. Read full article
Investors—including Wall Street—helped to drive up home prices during the Pandemic Housing Boom. Here’s the proof
The data is in: It's now abundantly clear that investors did indeed help to both accelerate the housing boom and drive up U.S. home prices. Read More Read full article
2d ago
Top Wall Street analysts stand by these stocks as the first half of 2022 wraps up
TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Adobe and Broadcom. Read full article
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Market Glossary
When an order to buy or sell has been completed, the trader has executed th…
A rapid increase in the general price level of the market or of the price o…
The simultaneous buying and selling of a security at two different prices i…