Tag Archives: markets

Stocks making the biggest moves midday: Lordstown Motors, Oatly, Square and more

Cartons of Oatly brand oat milk are arranged for a photograph in the Brooklyn borough of New York, U.S., on Wednesday, Sept. 16, 2020. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Lordstown Motors — The electric truck maker’s stock fell 18.8% after announcing CEO Steve Burns and […]

Read SpaceX president Gwynne Shotwell’s speech to 2021 graduates, urging US educational reforms

“Hey, Class of 2021, I’m incredibly proud to be your commencement speaker. Thank you, Morty [Schapiro] for inviting me, and thanks to the board and Lanny Martin, its chairman, for allowing me to speak, even though you guys know me for my six years of service on this board, and that this invitation is a […]

Stocks making the biggest moves premarket: Novavax, Lordstown Motors, Phillips, Chipotle and others

Check out the companies making headlines before the bell: Novavax (NVAX) – The drugmaker said its Covid-19 vaccine proved 90% effective overall in a late-stage trial, and 93% effective against the most predominant variants of the virus. It also provided 100% protection against moderate and severe disease. Novavax shares surged 10.4% in premarket trading. Lordstown […]

GE, Safran working on cleaner energy aircraft engines that could work with hybrid technology, hydrogen

A CFM56-7B aircraft engine from a Boeing 737 stands on assembly stands in a maintenance hangar at MTU Maintenance Berlin-Brandenburg. Patrick Pleul | picture alliance | Getty Images General Electric‘s aviation unit and its joint-venture partner Safran of France on Monday said they are developing new airplane engines that aim to cut emissions by more […]

5 things to know before the stock market opens Monday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to open steady after another S&P 500 record Traders on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures were flat Monday after the S&P 500 eked out another record […]

Branson’s Virgin Orbit in talks with former Goldman partner’s SPAC for $3 billion deal to go public

Richard Branson’s Virgin Orbit, with a rocket under the wing of a modified Boeing 747 jetliner, takes off for a key drop test of its high-altitude launch system for satellites from Mojave, California, July 10, 2019. Mike Blake | Reuters Virgin Orbit, the satellite-launching spinoff of Sir Richard Branson’s Virgin Galactic, is in advanced discussions […]

Blue Origin auctions seat on first spaceflight with Jeff Bezos for $28 million

A New Shepard rocket launches on a test flight. Blue Origin Jeff Bezos‘ space venture Blue Origin auctioned off a seat on its upcoming first crewed spaceflight on Saturday for $28 million. The winning bidder, whose name wasn’t released, will fly to the edge of space with the Amazon founder and his brother Mark on […]

Cramer’s week ahead: Don’t underestimate the market’s small gains

Matteo Colombo | DigitalVision | Getty Images After stocks muscled their way slightly higher on Friday, CNBC’s Jim Cramer advised investors not to underestimate a market that’s putting up small gains. The S&P 500 crawled 0.19% higher to 4,247.44, a record close. “Some would say it’s the calm before the storm … I learned a […]

Jim Cramer: Be patient with bitcoin, approach the S&P with caution

CNBC’s Jim Cramer is advising that investors who are searching for entry and exit points keep a close eye on both stock and cryptocurrency trades in the coming weeks. The “Mad Money” host on Friday reviewed chart analysis from Tom DeMark, the founder and head of DeMark Analytics. “The charts, as interpreted by Tom DeMark, […]

Stocks making the biggest moves midday: Chewy, Biogen, Snowflake and more

Signage is seen ahead of the IPO for Chewy at the New York Stock Exchange, June 14, 2019. Andrew Kelly | Reuters Check out the companies making headlines in midday trading. Snowflake – Shares of the cloud computing company dropped 3.3%. The firm presented its financial targets at its investor day meeting on Thursday, aiming […]

5 things to know before the stock market opens Friday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. S&P 500 looks to add to Thursday’s record close A Wall Street sign is pictured outside the New York Stock Exchange amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York, April 16, 2021. […]

Here’s why cryptocurrency crashes on weekends

Jack Taylor | Getty Images News | Getty Images Cryptocurrency is known for volatility and some experts say crashes tend to happen on weekends. “This has been a phenomenon in crypto for several years,” said Stephen McKeon, associate professor of finance at the University of Oregon in Eugene, and partner at Collab+Currency, a cryptocurrency-focused investment […]

Chewy CEO says dog, cat adoption rates have remained high as the economy reopens

As homebound Americans waited out the coronavirus pandemic last year, people increasingly turned to animal shelters and adopted dogs and cats as lockdown companions. Though lockdowns have eased and the country has reopened, adoption rates have largely kept shape, according to Sumit Singh, CEO of Chewy. “Overall adoptions, we believe, [are] up still year over […]

Jim Cramer reacts to red-hot inflation number: ‘The market took it in stride’

Inflation grew at the fastest rate in more than a decade last month, but CNBC’s Jim Cramer called it the worst kept secret on Wall Street and said the stock market took it in stride. The consumer price index, which measures the cost of a basket of goods like food and energy, increased 5% year-over-year […]

Singapore to start easing Covid restrictions as daily infections fall

A woman, wearing a face mask as a prevention against Covid-19 walks along the promenade at Marina Bay in Singapore on May 4, 2020. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore’s government on Thursday said it will start easing Covid-related restrictions as the number of daily infections has declined. The Southeast Asian […]