GameStop and AMC tumble as meme stocks rally deflatesUnlike 2021, when Reddit users banded together to target highly shorted stocks that burned the bearish bets of hedge funds, institutional i...
17 May, 2024, 07.50 AM IST
Nasdaq notches first record high close since 2021The Santa Clara, California-based company controls about 80% of the high-end AI chip market, with customers including ChatGPT creator OpenA...
01 Mar, 2024, 08.01 AM IST
Berkshire shares ends in red as US threatens to sue unit over wildfire costsThe investment conglomerate had warned on Saturday that the parent of PacifiCorp and one of Berkshire's biggest businesses outside insuranc...
27 Feb, 2024, 08.08 AM IST
AI companies lose $190 billion in market cap after Alphabet and Microsoft reportMicrosoft, Alphabet, and Advanced Micro Devices experienced a selloff in their stock market value after failing to meet investors' expectat...
31 Jan, 2024, 07.22 AM IST
Instacart's stock ends below IPO price for first timeMeanwhile, shares of Klaviyo, which debuted last Wednesday, dipped 1.6% to $34.11. The marketing automation firm's stock remains above its ...
27 Sep, 2023, 08.46 AM IST
Blackstone and Airbnb set to join S&P 500; shares climbBlackstone was up 4.1%, while Airbnb jumped 5% after S&P Dow Jones Indices said the companies would replace Lincoln National Corp and Newel...
02 Sep, 2023, 10.57 AM IST
Nvidia's forecast lifts AI stocks and Nasdaq futuresNvidia's forecast added to investor optimism. Big Tech and AI-related stocks saw their stock market values increase by over $70 billion, on...
24 Aug, 2023, 08.07 AM IST
VinFast shares more than double to highest since market debutReuters reported late on Monday that South Korea's Star Group Industrial, which supplies magnets to VinFast and Korea's Hyundai Motor, is i...
23 Aug, 2023, 08.07 AM IST
Apple stock hits record, on cusp of $3 trillion market valueApple's stock reached a record high close and came close to a $3 trillion market cap. The company's shares rose 0.6% to $189.25, giving it ...
29 Jun, 2023, 08.03 AM IST
Apple on cusp of $3T MCapThe iPhone maker's shares rose as much as 1% to $189.90, their highest ever. With the stock last trading off that session high, up 0.4% at ...
29 Jun, 2023, 01.02 AM IST
S&P 500 leaps to highest close in 14 months; traders bet US rates near peakThe S&P 500 and Nasdaq indexes reached their highest in 14 months as economic data eased concerns about inflation, increasing bets that the...
16 Jun, 2023, 07.42 AM IST
US stocks end higher as inflation data cements bets on rate hike pauseThe S&P 500 and Nasdaq closed at their highest levels in 14 months following data that showed modest increases in consumer prices. The slig...
14 Jun, 2023, 07.42 AM IST
AMC stock slumps, 'APEs' jump after litigation dealAMC investors suing the company accused it and several of its directors of violating a law by creating the preferred shares in an attempt t...
04 Apr, 2023, 08.12 AM IST
Ford stock has biggest daily drop since 2011 after inflation warningThe Fed is widely expected to hike rates by 75 basis points in its battle against decades-high inflation. Its aggressive monetary policy ca...
21 Sep, 2022, 08.06 AM IST
Morgan Stanley expects Fed to hike rates 6 times in 2022USA-RATES/Morgan Stanley expects Fed to hike rates 6 times in 2022
18 Feb, 2022, 08.31 AM IST
Biden leaves his mark on markets in first 100 daysOne of the strongest sectors during the first 100 days of Biden's term has been communication services, which includes Facebook and Google-...
29 Apr, 2021, 02.03 PM IST
Wall Street strategists see market back-pedaling by year-endThe S&P 500 will end 2020 at 3,300 points, down over 4 per cent from current levels, according to the median forecast of about 55 market st...
26 Aug, 2020, 06.21 PM IST