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Stock

Stock options bets on volatility around macro events are finally paying off

November 1, 2023November 1, 2023
Stock options bets on volatility around macro events are finally paying off - photo licensed by shore news network.

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders betting that Wednesday’s Federal Reserve meeting and highly anticipated macroeconomic events later this week could …

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Orsted Stock Crashes on News of New Jersey Pullout

November 1, 2023
Orsted stock crashes on news of new jersey pullout - photo licensed by shore news network.

ATLANTIC CITY, NJ – Orsted, the Danish wind energy company that was to build two major wind farms off the coast of New Jersey was …

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China firm launches stock indices to tap into rush for safe-haven gold

November 1, 2023November 1, 2023
China firm launches stock indices to tap into rush for safe-haven gold - photo licensed by shore news network.

SHANGHAI (Reuters) – China’s biggest index provider launched on Wednesday two gold-linked stock indices to cash in on surging demand for exposure to the safe-haven …

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Analysis-China holds the key to Hong Kong’s shrinking stock market

October 25, 2023
Analysis-china holds the key to hong kong's shrinking stock market - photo licensed by shore news network.

By Summer Zhen and Xie Yu HONG KONG (Reuters) – Hong Kong’s efforts to revive its shrinking stock market are mere stopgap solutions, as analysts …

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Dip buyers flock to Tesla Bull ETF amid stock selloff

October 20, 2023October 20, 2023
Dip buyers flock to tesla bull etf amid stock selloff - photo licensed by shore news network.

By Bansari Mayur Kamdar (Reuters) – Investors piled into a leveraged exchange traded fund that bet on upside in Tesla’s shares as the company’s stock …

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New Jersey Congressman, Intelligence Committee Member Loaded Up On Defense Stock Ahead of Israel War

October 19, 2023
New jersey congressman, intelligence committee member loaded up on defense stock ahead of israel war - photo licensed by shore news network.

Quiver Quantitative, a website that tracks the stock purchases and sales of federal elected officials claims New Jersey Congressman Josh Gottheimer sold a bunch of …

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Engaged Capital takes stake in VF Corp, stock jumps

October 17, 2023October 17, 2023

NEW YORK (Reuters) – Engaged Capital’s Chris Hetrick says the firm has built a position in apparel brand owner VF Corp and says the company …

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China considers new stabilization fund to prop up stock market – Bloomberg News

October 12, 2023October 12, 2023
China considers new stabilization fund to prop up stock market - bloomberg news - photo licensed by shore news network.

(Reuters) – China is considering creating a state-backed stabilization fund to shore up confidence in its equity markets, Bloomberg News reported on Thursday. Financial regulators, …

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Birkenstock’s stock loses footing in second day on Wall Street

October 12, 2023October 12, 2023
Birkenstock's stock loses footing in second day on wall street - photo licensed by shore news network.

(Reuters) – Shares of Birkenstock dropped 6% on Thursday, deepening losses after the German luxury sandal seller stumbled the day before in its Wall Street …

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Options traders see larger-than-usual stock swings as banks report results

October 12, 2023October 12, 2023
Options traders see larger-than-usual stock swings as banks report results - photo licensed by shore news network.

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are braced for larger-than-usual post-earnings stock price swings for some U.S. banks, despite signs of …

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Analysis-US stock market technicals suggest possible rebound as earnings, CPI loom

October 11, 2023October 11, 2023
Analysis-us stock market technicals suggest possible rebound as earnings, cpi loom - photo licensed by shore news network.

By Lewis Krauskopf NEW YORK (Reuters) – Technical and seasonal indicators that investors use to gauge the U.S. stock market’s health show it may be …

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Trump’s Bump Stock Ban Is Back Before The Supreme Court. Here’s What Could Happen Next

October 9, 2023

Trump’s Bump Stock Ban Is Back Before The Supreme Court. Here’s What Could Happen Next Katelynn Richardson on October 8, 2023 The Supreme Court may …

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Shanghai stock exchange probes Zhejiang King after its public listing halt

October 7, 2023
Shanghai stock exchange probes zhejiang king after its public listing halt - photo licensed by shore news network.

BEIJING (Reuters) – The Shanghai Stock Exchange said it will probe Zhejiang King Co Ltd after the Chinese maker of air conditioners halted its initial …

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Surging Treasury yields upend stock market’s “bond proxies”

October 6, 2023
Surging treasury yields upend stock market's "bond proxies" - photo licensed by shore news network.

By Lewis Krauskopf NEW YORK (Reuters) – Soaring Treasury yields have stunned the U.S. equity market in recent weeks, with some of the worst fallout …

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Stock in New Jersey Off Shore Wind Farm Company Crashes to All-Time Low

October 5, 2023
Stock in new jersey off shore wind farm company crashes to all-time low - photo licensed by shore news network.

TRENTON, NJ – The company behind New Jersey’s most high-profile offshore wind farm project, 0rsted, a Danish wind energy company is having serious financial problems. …

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Mexico shares suffer worst daily drop in nearly 3 years, battered by airport operators

October 5, 2023October 5, 2023

By Noe Torres MEXICO CITY (Reuters) -Mexico’s main stock index posted its worst daily performance since January 2021 on Thursday, dragged down by a sharp …

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Obama-Appointed Federal Judge Upholds ATF’s Bump Stock Ban

September 30, 2023

Obama-Appointed Federal Judge Upholds ATF’s Bump Stock Ban Harold Hutchison on September 29, 2023 A federal judge rejected an effort to block enforcement of a …

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US stock market’s powerhouses tested by soaring bond yields

September 29, 2023
Us stock market’s powerhouses tested by soaring bond yields - photo licensed by shore news network.

By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK (Reuters) – Surging bond yields are rattling U.S. stocks, and some investors worry the richly valued …

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Cosmetics maker Coty launches stock offering, eyes Paris Stock Exchange listing

September 25, 2023
Cosmetics maker coty launches stock offering, eyes paris stock exchange listing - photo licensed by shore news network.

(Reuters) -Coty on Monday launched a global offering of 33 million shares and said it had submitted an application for dual listing of its shares …

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Fed-wary investors eye mounting risks to US stock rally

September 22, 2023
Fed-wary investors eye mounting risks to us stock rally - photo licensed by shore news network.

By David Randall NEW YORK (Reuters) – A hawkish stance from the Federal Reserve, soaring Treasury yields and a looming government shutdown are adding to …

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U.S. stock prices near level for ‘mechanical selling’ – Nomura’s McElligott

September 21, 2023
U. S. Stock prices near level for 'mechanical selling' - nomura's mcelligott - photo licensed by shore news network.

By Saqib Iqbal Ahmed NEW YORK (Reuters) – The latest leg lower in U.S. stock prices has put them in a danger zone that could …

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Japanese companies warm up to employee stock incentives

September 19, 2023September 19, 2023
Japanese companies warm up to employee stock incentives - photo licensed by shore news network.

By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Airline operator ANA Holdings plans to offer around $60 million worth of shares to thousands of …

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JPMorgan strategists say US stock valuations at risk from high interest rates

September 12, 2023September 12, 2023
Jpmorgan strategists say us stock valuations at risk from high interest rates - photo licensed by shore news network.

NEW YORK (Reuters) – After big gains for the U.S. stock market this year, equity valuations could come under pressure from high interest rates, based …

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LSEG appoints Charlie Walker as deputy CEO of London Stock Exchange

September 11, 2023
Lseg appoints charlie walker as deputy ceo of london stock exchange - photo licensed by shore news network.

LONDON (Reuters) – The London Stock Exchange Group said on Monday that it had appointed Charlie Walker as deputy CEO of its main bourse, amid …

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China relaxes rules for insurers to invest in stock markets

September 10, 2023
China relaxes rules for insurers to invest in stock markets - photo licensed by shore news network.

BEIJING (Reuters) – China’s financial regulator on Sunday reduced the risk weighting it attaches to insurance companies’ holdings of blue-chip shares and tech stocks, encouraging …

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Thai stock investor confidence at 7-month high over new govt

September 6, 2023
Thai stock investor confidence at 7-month high over new govt - photo licensed by shore news network.

BANGKOK (Reuters) – Investor confidence in Thailand’s stock market has hit a seven-month high boosted by the formation of a new government, although China’s slowing …

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Instant settlement of Indian stock market trades to come in by Oct 2024 – regulatory source

September 5, 2023
Instant settlement of indian stock market trades to come in by oct 2024 - regulatory source - photo licensed by shore news network.

By Jayshree P Upadhyay MUMBAI (Reuters) – India’s market regulator expects instant settlement of stock market trades to be implemented by October 2024, a source …

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NJ Wind Farm Company Stock Has Been on Slide Long Before This Week’s Crash

September 1, 2023
Nj wind farm company stock has been on slide long before this week's crash - photo licensed by shore news network.

ATLANTIC CITY, NJ – Orsted, the Danish company building a controversial wind farm project off the cost of New Jersey is having financial problem and …

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As Nvidia splashes out, are stock buybacks worth it?: McGeever

August 30, 2023
As nvidia splashes out, are stock buybacks worth it? : mcgeever - photo licensed by shore news network.

By Jamie McGeever ORLANDO, Florida (Reuters) – To buy back, or not to buy back. The highest U.S. interest rates in over 20 years coupled …

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Marketmind: China’s stock flame fizzling already?

August 28, 2023August 28, 2023
Marketmind: china's stock flame fizzling already? - photo licensed by shore news network.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets look set to …

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Historically stormy month of September may test US stock rally

August 25, 2023
Historically stormy month of september may test us stock rally - photo licensed by shore news network.

By David Randall NEW YORK (Reuters) – U.S. stock investors are bracing for a potentially volatile September as the market faces key economic data reports, …

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Nvidia short sellers lose $826 million as stock jumps after strong forecast

August 24, 2023
Nvidia short sellers lose $826 million as stock jumps after strong forecast - photo licensed by shore news network.

(Reuters) – Investors with short position on Nvidia lost $826 million in mark-to-market losses on Thursday, data from analytics firm S3 Partners showed, as the …

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Global stock market correction likely before year-end: Reuters poll

August 23, 2023
Global stock market correction likely before year-end: reuters poll - photo licensed by shore news network.

By Hari Kishan BENGALURU (Reuters) – Global stock markets are heading for a correction in coming months, though overall they should post marginal gains between …

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Tesla shares gain as Baird Equity adds stock to ‘best ideas’ list

August 21, 2023
Tesla shares gain as baird equity adds stock to 'best ideas' list - photo licensed by shore news network.

(Reuters) – Electric-vehicle maker Tesla’s shares rose 4.5% on Monday, snapping a six-session losing streak, after brokerage Baird Equity Research added the stock to its …

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Chinese Regulators Unveil Measures To Try And Save Crumbling Stock Market

August 18, 2023

Chinese Regulators Unveil Measures To Try And Save Crumbling Stock Market Will Kessler on August 18, 2023 China’s securities regulator announced Friday measures to stop …

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Warren Buffett donates $27 million Berkshire stock

August 17, 2023
Warren buffett donates $27 million berkshire stock - photo licensed by shore news network.

(Reuters) – Warren Buffett donated nearly $27 million of Berkshire Hathaway stock this week to an unnamed charity, the latest move in the billionaire investor’s …

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Marketmind: Stock markets tense as China gloom builds

August 16, 2023
Marketmind: stock markets tense as china gloom builds - photo licensed by shore news network.

A look at the day ahead in European and global markets from Brigid Riley China’s new home prices fell in June for the first time …

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More Restaurants, Bars Stock Up On Fentanyl, Opioid Overdose Reversal Drug As Deaths Soar

August 15, 2023

More Restaurants, Bars Stock Up On Fentanyl, Opioid Overdose Reversal Drug As Deaths Soar Jennie Taer on August 15, 2023 An increasing number of restaurants …

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Catalent, facing pressure from Elliott, had other activists in stock

August 14, 2023August 14, 2023
Catalent, facing pressure from elliott, had other activists in stock - photo licensed by shore news network.

By Svea Herbst-Bayliss NEW YORK (Reuters) – Contract drugmaker Catalent, which is being pushed to make changes to its board by Elliott Investment Management, had …

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AMC stock sinks, preferred units climb after conversion settlement

August 14, 2023August 14, 2023
Amc stock sinks, preferred units climb after conversion settlement - photo licensed by shore news network.

By Medha Singh (Reuters) – AMC Entertainment’s shares slid 35% on Monday on fears that the approval of a revised stockholder settlement will allow the …

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Prominent investors rekindle affection for Amazon in Q2 as stock price jumps

August 11, 2023
Prominent investors rekindle affection for amazon in q2 as stock price jumps - photo licensed by shore news network.

By Svea Herbst-Bayliss NEW YORK (Reuters) – Several prominent investors including hedge fund Baupost Group and mutual fund giant Fidelity bought or increased their holdings …

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Chinese bourses improve trading mechanism to revive stock market

August 10, 2023August 10, 2023
Chinese bourses improve trading mechanism to revive stock market - photo licensed by shore news network.

HONG KONG (Reuters) – Shanghai and Shenzhen stock exchanges said late Thursday they would study measures to lower investors’ trading costs and improve liquidity to …

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Analysis-US stock gains may grow elusive as boost from inflation slowdown wanes

August 10, 2023
Analysis-us stock gains may grow elusive as boost from inflation slowdown wanes - photo licensed by shore news network.

By Lewis Krauskopf NEW YORK (Reuters) – As inflation worries ease, U.S. stocks may need a fresh source of fuel to propel further gains this …

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Analysis-Rising bond yields emerge as pressure point for US stock rally

August 9, 2023August 9, 2023
Analysis-rising bond yields emerge as pressure point for us stock rally - photo licensed by shore news network.

By Lewis Krauskopf NEW YORK (Reuters) – Rising U.S. bond yields are unnerving investors and worsening stocks turbulence as markets confront a pileup of unwelcome …

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DAVID BLACKMON: Oil And Gas Aren’t Going Anywhere — Just Ask The Stock Market

July 26, 2023
David blackmon: oil and gas aren’t going anywhere — just ask the stock market - photo licensed by shore news network.

DAVID BLACKMON: Oil And Gas Aren’t Going Anywhere — Just Ask The Stock Market David Blackmon on July 26, 2023 A story at Bloomberg published …

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Senators propose banning stock trades for US Congress, president

July 25, 2023
Senators propose banning stock trades for us congress, president - photo licensed by shore news network.

WASHINGTON (Reuters) – Members of the U.S. Congress, the president, vice president and senior executive branch officials and their relatives will be banned from trading …

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Europe’s factories are slowing but no one has told cyclical stock investors

July 25, 2023
Europe's factories are slowing but no one has told cyclical stock investors - photo licensed by shore news network.

By Lucy Raitano LONDON (Reuters) – Euro zone manufacturing activity is deteriorating fast, as evidenced by Monday’s Purchasing Managers surveys, and yet European cyclical stocks …

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Suspect Arrested With Large Drug Stock in Buffalo

July 17, 2023
Suspect arrested with large drug stock in buffalo - photo licensed by shore news network.

BUFFALO, NY – On last Friday, the Buffalo Police Department executed a search warrant on the 400 block of W Ferry Street, leading to one …

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Hedge funds rush to unwind bearish stock positions

July 14, 2023July 14, 2023
Hedge funds rush to unwind bearish stock positions - photo licensed by shore news network.

By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Global hedge funds rushed to unwind bets that U.S.-listed stocks will fall, as a persistent …

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Coinbase leads crypto stock gains after Ripple Labs’ legal victory

July 13, 2023July 13, 2023
Coinbase leads crypto stock gains after ripple labs' legal victory - photo licensed by shore news network.

By Chibuike Oguh NEW YORK (Reuters) – Shares of Coinbase Global Inc surged by nearly 25% on Thursday, ahead of other cryptocurrency and blockchain-related companies, …

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