Tag: NASDAQ:AMZN
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Crypto this Wednesday: Sotheby’s launches on-chain secondary NFT Market, US Treasury proposes DAME tax, and more
PEPE’s Liquidity Pool becomes more active on Uniswap PEPE (COIN:PEPEEUSD), the hype-fueled meme coin that has jumped more than 2,100% in price since it debuted last month, has been sparking interest on decentralized exchange Uniswap. Uniswap’s version (v)2 and v3 liquidity pools for PEPE-WETH were the most active liquidity pool contracts by number of transactions over…
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Friday’s Wall Street Highlights: Exxon Mobil, Amazon, Intel, and PCE
US stock futures fell on Friday as investors reacted to the latest quarterly results, lingering inflationary pressures, and Treasury bonds advanced. Amazon’s earnings beat estimates but put the brakes on tech optimism after investors were rattled by talk of slowing cloud growth. Pinterest issued a weak outlook for the current quarter, and Snap Inc missed Q1…
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Wall Street Highlights for Thursday: Meta Platforms, Amazon, Disney, Eli Lilly and more
Main subjects of the day US stock futures rose on Thursday, reacting to strong results from Meta Platforms. By 8:44 AM, Dow Jones futures were up 142 points, or 0.42%. S&P 500 and Nasdaq-100 futures advanced 0.45% and 0.84%, respectively. Risky assets fell again on Wednesday. What moved the markets the most yesterday was the news that the…
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Wednesday’s Wall Street Highlights: Microsoft, Activision Blizzard, Chipotle, Coinbase and more
Main subjects of the day US stock futures rose on Wednesday morning as Big Tech earnings began to roll in, starting with earnings from Alphabet and Microsoft. By 8:09 AM, Dow Jones futures were up 0.10%, while S&P 500 futures were up 0.09% and Nasdaq 100 futures gained 0.76%. In regular Tuesday trading, major indexes tumbled as First Republic…
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MS jumps in after-hour trade on better-than-expected Q3 earnings
Microsoft (MS) said on Tuesday that its third-quarter revenue and earnings beat Wall Street expectations, driven by growth in its cloud computing and office productivity software businesses. The announcement sent shares higher in after-hours trading. Microsoft reported earnings per share of $2.45. Data from Refinitiv showed that it was above the Wall Street estimate of…
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Bed Bath & Beyond Shares Plunge After Filing For Chapter 11
Bed Bath & Beyond Inc, a US household goods retailer that has finally filed for bankruptcy due to financial difficulties, crashed in the New York market on Monday. Bed Bath & Beyond, which has a 52-year history, filed for Chapter 11 bankruptcy protection on Sunday (local time) and commenced the liquidation sale of some or…
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Amazon Shares Hit Their Highest Level Since February 3 On Hopes Of Strong Sales
Shares rose to their highest level in more than two months on Friday after a research firm predicted that the world’s largest e-commerce giant Amazon’s retail business in North America would beat Wall Street analysts’ expectations. Shares of Amazon (NASDAQ:AMZN) rose 3.77% to $107.725, their highest since Feb. 3, bringing the Seattle company’s stock market…
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SpaceX Starship Launch Fails, BuzzFeed Shuts Down News, BHP Lowers Production Outlook
Disappointing Earnings Reports Decline Stocks US and European stocks declined on Thursday after several disappointing first-quarter earnings reports. The S&P 500 index (SPI:SP500) fell by 0.6%, while the Nasdaq Composite (NASDAQI:NDX) dropped by 0.8%. Shares in Tesla (NASDAQ:TSLA) fell nearly 10% after the company reported that price cuts had further lowered its profit margin. AT&T…
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Wall Street Highlights: JPMorgan, Wells Fargo, PNC, UnitedHealth and more
Main subjects of the day Dow Jones futures gained traction in premarket trading on Friday as investors received the first batch of corporate earnings from major banks with stronger-than-expected results. At 10.09 am EST, futures contracts linked to the Dow Jones added 37 points, or 0.11%. S&P 500 futures were flat, and Nasdaq-100 futures were…
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Boeing Halts Deliveries, Gold Prices Soar, Teck Rejects Merger
US Stocks Rise US stocks rose on Thursday after lower-than-expected inflation data increased hopes of a possible slowdown in the Federal Reserve’s tightening cycle. The S&P 500 (SPI:SP500) and Nasdaq (NASDAQI:NDX) both saw gains of 1.3% and 1.9% respectively. In Europe, stocks also edged higher on Friday, with the Stoxx 600 (STOXX:SSXP) up 0.2%, set…