(Reuters) – Analysts are cautiously optimistic as second-quarter reporting season rolls out amid this year’s rally in U.S. stocks fueled by optimism over artificial intelligence (AI) and a resilient U.S. …
Stock
-
-
Business News
Options hedges against a break in US stock market calm at record high
by Reutersby ReutersBy Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are taking advantage of muted U.S. stock market gyrations to load up on contracts that would jump in value should …
-
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are piling into bullish options bets on the shares of Rivian Automotive, with some market participants saying the buying has helped …
-
Business News
AMC, ‘meme’ investors to face off in court over stock conversion
by Reutersby ReutersBy Jody Godoy (Reuters) – A months-long battle between retail investors and AMC Entertainment Holdings over a stock conversion plan will come to a head on Thursday at an unusual …
-
LONDON (Reuters) -Italian yacht maker Ferretti, pursuing an additional listing of shares in Milan, started taking stock orders from investors on Wednesday, as the luxury sector defies a tough economic …
-
Business News
Hong Kong stock exchange’s yuan stock trading debut gets lukewarm trade volume
by Reutersby ReutersBy Georgina Lee HONG KONG (Reuters) – The 24 companies that debuted the yuan-denominated stock trading scheme in Hong Kong attracted a small fraction of their stocks’ trading volume on …
-
Business News
Faraday Future plans reverse stock split and delays EV deliveries
by Reutersby Reuters(Reuters) -Electric-vehicle startup Faraday Future Intelligent Electric said on Friday it was planning a reverse stock split, as it looks to regain compliance with Nasdaq’s minimum bid price requirements. Nasdaq …
-
Business News
Breadbasket Brazil to stock up on food citing inflation concerns – agency
by Reutersby ReutersBy Roberto Samora SAO PAULO (Reuters) – Top food producer Brazil will start stocking up on food staples, a government agency said on Thursday, as the leftist administration of President …
-
Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Blue State Officials Approve More Than $1 Million To Stock Up On Abortion Pills
The Maryland Board of Public Works issued emergency funding of over $1.3 million for chemical abortion pills Wednesday. Access to mifepristone is currently being weighed in the courts after a …
-
By Sinéad Carew and Noel Randewich NEW YORK/SAN FRANCISCO (Reuters) -Even after Nvidia Corp’s blistering rally in recent days, the chip developer’s valuation has actually fallen, at least by one …
-
Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
University Forks Over $677K To Stock Abortion Pills At Dem Governor’s Request
University Forks Over $677K To Stock Abortion Pills At Dem Governor’s Request Alexa Schwerha on May 25, 2023 The University of Massachusetts (UMass) Amherst spent $667,250 to stock abortion pills …
-
By Caroline Valetkevitch NEW YORK (Reuters) – Short sellers in shares of Nvidia Corp. were down $2.3 billion in mark-to-market losses Thursday as the stock surged more than 25% in …
-
Business News
Higher interest rates boost hedge fund stock borrowing to record high – Goldman
by Reutersby ReutersBy Nell Mackenzie LONDON (Reuters) – Borrowing across the global hedge fund industry has hit record highs, Goldman Sachs said in a note to clients on Wednesday, as rising interest …
-
Business News
Toronto stock market seen up but slowdown in China could crimp gains: Reuters poll
by Reutersby ReutersBy Fergal Smith TORONTO (Reuters) – Canada’s main stock index will rally less than previously expected in 2023 as higher borrowing costs cool the domestic economy and signs China’s recovery …
-
Business News
Analysis-US debt ceiling crunch threatens to roil complacent stock market
by Reutersby ReutersBy Lewis Krauskopf NEW YORK (Reuters) – Strategists at some of Wall Street’s biggest banks are sounding increasingly worried about potential market fallout from the standoff over raising the U.S. …
-
Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
‘Were You Aware That SVB Was In Trouble?’: Dem Senator Presses Former SVB CEO On Stock Sales Before Bank’s Failure
‘Were You Aware That SVB Was In Trouble?’: Dem Senator Presses Former SVB CEO On Stock Sales Before Bank’s Failure Jason Cohen on May 16, 2023 Democratic New Jersey Sen. …
-
Business News
Factbox: Brokerage Robinhood joins trend of around-the-clock stock trading
by Reutersby ReutersNEW YORK (Reuters) – Robinhood Markets Inc said on Wednesday after markets closed that it would launch 24/5 trading for some stocks and exchange-traded funds (ETFs) next week, a move …
-
Business News
Analysis-Options investors guard against U.S. stock tumble, despite buoyant markets
by Reutersby ReutersBy Saqib Iqbal Ahmed NEW YORK (Reuters) – Options market demand for insurance against a stock market crash has soared to multi-month highs, even as equities have calmed down after …
-
(Reuters) – Coty Inc said on Friday it would explore a listing on the Paris Stock Exchange as the CoverGirl cosmetics maker looks to strengthen its presence in Europe and …
-
Business News
Wall Street Week Ahead: Recession worries simmer beneath US stock market rally
by Reutersby ReutersBy Lewis Krauskopf NEW YORK (Reuters) – Economically sensitive areas of the U.S. stock market are flashing warnings over growth, even as major equity indexes edge higher. The S&P 500 …
-
Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Major Bank’s Stock Continues Crashing As It Begs Fed For Aid To Avoid Collapse
Major Bank’s Stock Continues Crashing As It Begs Fed For Aid To Avoid Collapse Jason Cohen on April 26, 2023 First Republic Bank’s stock price plunged more than 20% on Wednesday …
-
Business News
Chipotle Mexican Grill stock heats up to record high after strong results
by Reutersby ReutersBy Chibuike Oguh NEW YORK (Reuters) – Shares of Chipotle Mexican Grill Inc soared to a record high on Wednesday after the burrito chain beat analysts’ estimates for first-quarter profit …
-
Business News
First Republic advisers have lined up potential purchasers of bank’s new stock – CNBC
by Reutersby Reuters(Reuters) – First Republic Bank’s advisers have already lined up potential purchasers of new stock in the lender if they can fix the bank’s balance sheet, CNBC reported on Wednesday, …
-
Business News
Analysis-Debt ceiling worries bubble up in US stock options market
by Reutersby ReutersBy Saqib Iqbal Ahmed NEW YORK (Reuters) – Worries over a debt ceiling showdown are creeping into U.S. options markets, as investors grow increasingly concerned that lawmakers will be unable …
-
Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Major Bank’s Stock Tumbles Over 25% After Disastrous Earnings Report
Major Bank’s Stock Tumbles Over 25% After Disastrous Earnings Report Jason Cohen on April 25, 2023 First Republic Bank’s stock price fell over 25% as of midday Tuesday following a …