Tag: USOTC:SSNHZ
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Robinhood Shares Surge 3.3% on Stock Buyback Announcement; Anglo Declines BHP Deadline Extension, and More News
Robinhood Markets (NASDAQ:HOOD) – Robinhood has launched a $1 billion share buyback program, reflecting confidence in the company. The program is expected to be executed over two to three years, starting in the third quarter of 2024, subject to market conditions. Robinhood’s shares rose 3.3% in pre-market trading. Nvidia (NASDAQ:NVDA), Apple (NASDAQ:AAPL) – Nvidia’s shares…
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U.S. Futures Show Mixed Movement, Crude Oil Prices Inch Up
U.S. index futures show mixed movement in pre-market trading this Tuesday, as Wall Street turns its attention to the imminent inflation data and corporate earnings results. At 06:01 AM, Dow Jones futures (DOWI:DJI) fell 11 points, or 0.03%. S&P 500 futures rose 0.07%, and Nasdaq-100 futures gained 0.15%. The yield rate of 10-year Treasury bonds…
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Apple Terminates 614 Employees, Disney Unveils June Crackdown on Password Sharing, and More Updates
Apple (NASDAQ:AAPL) – Apple is laying off 614 employees in Silicon Valley after ending its secret autonomous electric vehicle project. These are the first significant job cuts since the beginning of the pandemic, mainly impacting satellite offices in Santa Clara, California. Moreover, Hon Hai, known as Foxconn (USOTC:FXCOF), saw an 11.8% increase in sales in…
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Wednesday’s Wall Street Highlights: Amazon, Disney, Upstart, Doximity, Toast, WeWork and more
US index futures were higher in premarket trading on Wednesday, moving to recover from recent losses as investors digested the tax cut on banks in Italy and data in China. By 6:42 AM, Dow Jones futures (DOWI:DJI) were up 62 points, or 0.18%. S&P 500 futures and Nasdaq-100 futures were up 0.25% each. The 10-year Treasury yield…
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Friday’s Wall Street Highlights: Amazon, Apple, Fortinet, Atlassian, DraftKings, and more
US index futures are higher on Friday, buoyed by quarterly results and anticipation of the US employment report. By 6:59 AM, Dow Jones (DOWI:DJI) futures were up 5 points, or 0.01%. S&P 500 futures were up 0.18%, while Nasdaq-100 futures were up 0.31%. The 10-year Treasury yield was at 4.186%. Retail sales in the euro zone had a…
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Wednesday’s Wall Street Highlights: AMD, Amazon, Alphabet, Shell, Vodafone and more
US Index Futures were mixed on Wednesday morning as investors awaited the Federal Open Market Committee (FOMC) meeting after the May Consumer Price Index (CPI), released yesterday, helped to consolidate the expectation of the first maintenance of the basic interest rate since March 2022 At around 7:04 AM, Dow Jones (DOWI:DJI) futures were down 36 points,…
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Samsung Electronics’ Verdict In US Patent Lawsuit Over $303 Million
A U.S. federal district court jury ruled on April 21 (local time) in favor of Netlist in a memory patent infringement lawsuit against Samsung Electronics, a U.S. semiconductor company, and awarded $303 million in damages. Reuters reported that the verdict was more than (about 400 billion won). After a six-day trial, the jury determined that…