Tag: NASDAQ:CGC
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Paramount’s Shares Surge Following Sony and Apollo’s Joint Bid; ISS Backs Berkshire Hathaway Director Re-election, and More
Paramount Global (NASDAQ:PARA), Sony (NYSE:SONY), Apollo Global Management (NYSE:APO) – Sony Pictures Entertainment and Apollo Global Management are in discussions for a joint bid for Paramount Global, aiming to take the company private. The bid would include cash for all outstanding shares. Sony would operate the studio, while Apollo would take control of the CBS…
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Marijuana Stocks Up After Banking Reform Progress
Stocks in cannabis companies jumped on Monday because of news on the marijuana banking reform in Congress. Senate Majority Leader Chuck Schumer (D-N.Y.) said that the Senate is on course to pass new cannabis banking rules soon. While this isn’t the first time announcements on progress have been made, only for nothing much to happen,…
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Walgreens Slashes Annual Profit Forecast; MillerKnoll Nosedives 17% on Bleak 4Q Outlook, and Latest News
JPMorgan Chase (NYSE:JPM) – JPMorgan Chase is looking to expand its wealth management and attract more investors by introducing the Wealth Plan tool to its 54 million Chase retail clients. This tool has recently seen about 10 million active users. The bank has also named Rita Chan and Alan Ho as the new senior co-heads…
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U.S. Index Futures Edge Higher, Oil Prices Show Modest Movements
In the pre-market on Friday, U.S. index futures are slightly up, after the S&P 500 closed just under 3 points below the key threshold of 5,000 the day before. At 05:32 AM, the futures of the Dow Jones (DOWI:DJI) rose 6 points, or 0.02%. The S&P 500 futures rose 0.10% to 5,023.00 points, and the…
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Friday’s Wall Street Highlights: The Trade Desk, Unity, Groupon, Diageo, Plug Power, and more
In the pre-market on Friday, U.S. index futures show a mixed performance. Investors are carefully assessing the recent tougher statements from Jerome Powell, the Federal Reserve Chairman, along with a thorough analysis of quarterly financial reports from companies. At 5:56 AM, Dow Jones futures (DOWI:DJI) rose by 37 points, or 0.11%. S&P 500 futures fell…
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Friday’s Wall Street Highlights: Ford Motor, Arm, Salesforce, Adobe, Visa, MGM and more
US index futures are mixed in Friday’s pre-market trading, a day after the interest rate hike in Europe and following oil hitting a 10-month high, surpassing the $94 mark, along with improved data from China indicating recent stimulus measures have taken effect. Investors are also monitoring a workers’ union strike at 3 automakers and Arm…
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Thursday’s Wall Street Highlights: Capri Holdings, Disney, Sonos, Applovin, Plug Power, and more
US index futures rose in premarket Thursday, a day highly anticipated by global investors due to the release of US inflation data. By 6:43 AM, Dow Jones futures (DOWI:DJI) were up 164 points, or 0.47%. S&P 500 futures were up 0.49% and Nasdaq-100 futures were up 0.58%. The yield on the 10-year Treasury bill was at 4.005%.…
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Friday’s Wall Street Highlights: Tesla, Nike, ASML, Apple and more
US Index Futures showed gains on Friday, which marks the close of the second quarter. Traders are watching data on personal consumption spending, a leading indicator used by the Federal Reserve to gauge inflation. In addition, a battery of economic data in Europe encouraged investors, showing resilience in activity and inflation on a downward trajectory. By 6:56…
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Monday’s Wall Street Highlights: Goldman Sachs, IBM, Tesla, Lucid and more
US Index Futures start the week with a hedging bias, with stock markets and bond yields lower on Monday morning. The most recent economic data showed weakness in developed economies and the aggressive posture of central banks in relation to controlling inflation increases the risks of recession. This drives the week’s early flow into hard currency, fixed…
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Friday’s Wall Street Highlights: Ford Motor, Meta Platforms, 3M, Conformis and more
Worries about demand and a slowing economy weigh on US Index Futures and European stocks as central banks in Europe and the US indicate a leaning towards raising interest rates to ensure inflation converges towards the goal. By 07:27 AM, Dow Jones futures (DOWI:DJI) fell 90 points, or 0.26%. S&P 500 futures were down 0.41%, while…