The stock of Ibotta, a digital marketing platform backed by Walmart Inc., soared 27% in its trading debut on Thursday, after the deal priced at $88, a full $4 above its proposed price range. The company allows consumer packaged goods companies to offer promotions to customers through a network of p
Bitcoin is on pace for its worst month since November 2022, as the cryptocurrency continues to pull back from its all-time high of $73,798 reached in March. The largest crypto is trading at around $62,980 on Monday, down 1.2% on the day, according to CoinDesk data. It has fallen around 11.5% this m
Upside risks for inflation have prompted Macquarie's North America economic team to make a fresh call of zero rate cuts by the Federal Reserve this year. Economist David Doyle said that while core inflation in December looked headed to the 2% to 2.5% range by mid-2024, this
Tesla Inc. shares are down 3.9% in Thursday morning trading after a Deutsche Bank analyst downgraded them to hold from buy, and they're on track to log their fifth session in a row of losses. That would make for Tesla's longest losing streak since the stock fell for six trading days in a row during
Shares of Trump Media & Technology Group Corp. were having another good week, as Chief Executive Devin Nunes continued his assault on so called
The U.S. equities market finished higher Friday as technology stocks rallied, with all three major benchmarks booking weekly gains. The Dow Jones Industrial Average rose 153.86 points, or 0.4%, to close at 38,239.66. The S&P 500 gained 51.54 points, or 1%, to finish at 5,099.96. The Nasdaq Co
Google parent Alphabet Inc. officially joined the coveted $2 trillion club on Friday, becoming only the fourth U.S. company in history to hit the market-capitalization milestone. Alphabet shares have punched higher in April, with its stock surging 10.2% on Friday — its best daily climb since July 2
Global markets saw a significant turnaround, with Asian stocks rebounding strongly while oil and gold prices dipped. Bitcoin, on the other hand, surged by 3 per cent. Investors are eagerly awaiting earnings reports from the "Magnificent Seven" companies and aviation giants Boeing and Airbus, making this a pivotal week.
US stocks fell on Wednesday, struggling to mount a comeback as investors’ interest rate worries coincided with a fresh slate of corporate earnings. After all three major indexes started the day in the green, the S&P 500 (^GSPC) ended down about 0.6%. The Dow Jones Industrial Average (^DJI) lost a more modest 0.1%. Meanwhile, the […]
HONG KONG (AP) — Asian stocks tumbled Friday, with Japan’s Nikkei slumping 3.5% on heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle East were weighing on sentiment across the region, and U.S. futures were sharply lower. Oil prices jumped about $3 as the state-run IRNA news agency reported that Iran []
The property and casualty insurer posted a bottom-line miss as catastrophe losses spiked.
↗️ United Airlines (UAL): The airline reported a jump in first-quarter revenue, boosted by [strong demand for flights](https://www.wsj.com/livecoverage/stock-market-today-earnings-04-16-2024/card/united-strikes-deals-for-airbus-jets-after-boeing-