ADVFN US – Market Content Editor
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Top Company News of the Day: Origin Energy, TikTok, Meta, Citizens Financial
Origin Energy Bidder Doesn’t Know How Much Largest Shareholder Wants The consortium bidding to acquire Origin Energy for nearly US$11 billion still doesn’t know what price the Australian power company’s biggest shareholder wants to get a deal done. Will Livestreaming Be TikTok’s Amazon-Killer? TikTok is moving aggressively into e-commerce-a space where its Chinese equivalent is…
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U.S. Stocks Finish Holiday-Shortened Session Narrowly Mixed
Stocks turned in a lackluster performance throughout the trading session on Friday, as many traders continued to enjoy the Thanksgiving Day holiday. Despite the choppy trading, the Dow and the S&P 500 ended the day at their best closing levels in well over three months. The major averages finished the session narrowly mixed. While the…
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Crypto this Friday: Cryptocurrencies Reach New Highs, Kwon’s Extradition Approved, and More
Recovery and new records in the cryptocurrency market The cryptocurrency market showed a remarkable recovery on Friday. Bitcoin (COIN:BTCUSD) reached $38,253.20 at the time of publication, with a 7-day increase of 5.83%. Ether (COIN:ETHUSD) also exceeded expectations, crossing the $2,000 mark, up 3%, at $2,123.12, with a weekly gain of 8.20%. Meanwhile, Solana (COIN:SOLUSD) rose…
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U.S. Stocks May Lack Direction In Light Post-Holiday Trading
US Market The major U.S. index futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction as trading resumes following the Thanksgiving Day holiday on Thursday. Traders may remain away from their desks following yesterday’s holiday, as the markets are due to close earlier than…
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Friday’s Wall Street Highlights: Barclays, Macy’s, Alibaba, Novo Nordisk, and more
In Friday’s pre-market, U.S. index futures are seeing a slight increase, marked by a shorter than usual trading session. Investors are paying special attention to economic activity indicators set to be announced late in the morning. U.S. market operations will conclude earlier, at 1:00 PM. As of 5:25 AM (Brasília time), the yield on 10-year…
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US Futures, European Stocks Mixed
U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average climbed 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. Evolution Gaming Group rose 3.7% and Forvia added 3.1%. On the other hand, Dr.…
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Top Company News of the Day: Nissan Motor, LG Electronics, Novo Nordisk, OpenAI
Nissan Motor to Invest Over $2 Billion in EV, Battery Business in U.K. Nissan Motor plans to invest up to $2.39 billion in electric vehicles, battery production and infrastructure in the U.K. LG Electronics Unveils Restructuring to Boost Global Competitiveness LG Electronics will set up a new sales and marketing entity to oversee international business,…
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Top Company News of the Day: Colt, Brookfield, Genesis Global, GM
China Property Stocks Jump on Hopes for ‘White List’ Financing Chinese property stocks climbed in Hong Kong trade amid rising hopes that Beijing will soon make dozens of companies eligible for financing, including developers that have defaulted on debt. Colt Makes $1.74 Billion Offer for Vista Outdoor, Gate-crashing Rival Deal Firearms manufacturer Colt CZ Group…
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U.S. Stocks Move Back To The Upside Ahead Of Thanksgiving Day Holiday
Following the pullback seen during the previous session, stocks moved back to the upside during trading on Wednesday. The major averages gave back ground after an early surge but managed to remain in positive territory. The Dow advanced 184.74 points or 0.5 percent to35,273.03 and the S&P 500 climbed 18.43 points or 0.4 percent to…
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Crypto this Thursday: Binance Billion-Dollar Settlement, HTX & Heco Chain Hacked, Plus Latest Updates
Penalties and changes in leadership at Binance after accusations Binance, a global leader in cryptocurrencies, faced serious accusations, resulting in a $4.3 billion settlement, one of the largest fines imposed in the US on a company. Its founder, Changpeng Zhao, admitted guilt, paying $50 million and resigning as CEO, being replaced by Richard Teng. The…