Tag: NYSE:DIS
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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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Thursday’s Wall Street Highlights: Tesla, American Express, Las Vegas Sands, AT&T and more
Main subjects of the day US stock futures were lower on Thursday morning as investors weighed the latest results from IBM and Tesla. IBM rose 1.01% premarket after the company said margins were expanding. Tesla fell about 7.66% premarket after the electric vehicle maker reported net profit and GAAP earnings were down more than 20% year-on-year. Renault also released results…
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Wednesday’s Wall Street Highlights: Western Alliance, Morgan Stanley, ASML, Tesla and more
Main subjects of the day US stock futures fell on Wednesday as investors digested double-digit inflation in the UK that triggered government bond sales, and the latest batch of quarterly earnings. By 8:39 AM, Dow Jones futures were down 122 points, or -0.36%. S&P 500 and Nasdaq-100 futures fell -0.63% and -0.85%, respectively. Treasury yields soared…
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Tuesday’s Wall Street Highlights: Goldman Sachs, Bank of America, J&J, Apple and more
Main subjects of the day US stock futures were higher in premarket Tuesday, buoyed by first quarter earnings from J&J and Bank of America, which suggested companies are doing better than feared in this challenging economic environment. At 08h12, Dow Jones futures gained 37 points, or +0.11%. S&P 500 and Nasdaq-100 futures were up 0.40% and…
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Bonus Pool Decreases on Wall Street, H&M Surprises with Profit
Bet on Fed Rate Cut Pays Off A bet was made in January that the Federal Reserve would lower its benchmark rate to 1.5% by the end of the year, and it appears to have been closed for a profit of $10 million after almost becoming worthless in February due to banking turmoil. The bet…
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Meta May Ban Political Ads, Real Estate Valuations Plummet
European Stocks Rally European stocks rose, following a rally on Wall Street that saw the tech-heavy Nasdaq 100 rise to a bull market, as investors bet that interest rates have peaked and bank instability will ease. The Stoxx Europe 600 Index was led by technology, real estate, and retail shares, with Hennes & Mauritz AB…
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Real Estate Stocks Facing Challenges, Google Launches Ads Transparency Center, Lucid to Cut Workforce by 18%
European Equities Rise On Wednesday, European equities rose while Asian stocks were buoyed by the announcement that Chinese ecommerce giant Alibaba would split into six business units. UBS (NYSE:UBS) saw a 2.2% rise in its shares after announcing that Sergio Ermotti would become its CEO, leading its takeover of Credit Suisse (NYSE:CS). The Stoxx 600…
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Market News: Banking Sector Rebounds, Alibaba to Restructure, Multinationals Worry EU
Banking Sector Rebounds Investors realized that regional lenders are in better condition than initially feared following the collapse of Silicon Valley Bank. Bank shares rallied on Monday and U.S. Treasury prices fell after First Citizens Bancshares (NASDAQ:FCNCA) reached a deal to buy large pieces of Silicon Valley Bank (NYSE:SVB). Analysts are increasingly confident that the…
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Market News: SVP Crisis, FirstGroup Raises Profit Guidance, BP CEO’s Pay Doubles, Disney+ to Raise Prices
SVB Financial Group Seeks Fresh Capital SVB Financial Group has seen shares drop 44% to $58.91 in premarket trading on Friday as it rushes to raise fresh capital. The sell-off comes after the company revealed it would book a $1.8 billion after-tax loss on sales of investments and seek to raise $2.25 billion by selling…