Crude-Crash Saves Stocks From CTA-Slaughter; Bonds Bid But Bitcoin Battered A volatile day for markets (relatively speaking) with crude and crypto the high- low-lights. Goldman's trading desk (Lee Coppersmith) noted that for the first time all year, it feels like the market is starting to question the strong growth narrative on the back of weaker earnings this AM: ASML -8% spilling into all Semis; JBHT a bellwether transport -7.5% and KNX -3.5% cut their forecast; Industrial REITs...
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
U.S. stocks closed lower on Monday, with the Dow cementing a sixth straight session in a row of declines, as investors worried about possible next steps in the Mideast conflict. The Dow Jones Industrial Average shed 248.13 points, or 0.7%, ending at 37,735.11. The S&P 500 index dropped 61.59 po
A stock-market streak that had become emblematic of the S&P 500's blistering five-month rally is about to break. The S&P 500 is on track to close below its 50-day moving average on Monday for the first time in 110 trading days, according to Dow Jones Market Data. This would snap the index's longest
Trading in options tied to the Cboe Volatility Index, better known as the Vix or Wall Street's
Big tech sold off in late hours after Meta Platforms Inc.’s disappointing outlook raised concern on whether the artificial-intelligence euphoria that has powered the bull market has run too far.
World stocks have recovered some losses and gold has fallen by the most in a year, dropping with government bond prices and oil as investors reversed some defensive positions taken going into the weekend on fears of a wider Middle East conflict. The week ahead is packed with corporate earnings, with 158 companies in the […]
The stock price for Donald Trump’s social media company slid again Monday, pushing it more than 66% below its peak set late last month. Trump Media & Technology Group closed down 18.4% at $26.61 as more of the euphoria that surrounded the stock fades. It’s a sharp comedown since nearing $80 after the owner of […]
NEW YORK >> The stock price for Donald Trump’s social media company slid again Monday, pushing it more than 66% below its peak set late last month.
Salesforce is in late-stage talks to buy data-management software maker
Yen Dumped, Yield-Curve Pumped, Bonds & Bitcoin Slump Quiet macro day with Durable Goods Orders looking like a beat - but only because of sizable downward revisions - as orders and shipments are actually down on a YoY basis. Source: Bloomberg But stocks were messy with an opening bid immediately squelched and post-EU-close ramp faded into the US close. Small Caps were the day's laggard as Nasdaq outperformed while The Dow and S&P desperately tried to get green Nasdaq and The...
Deutsche Bank has released a handy chart that shows how some of the US equity market's powerhouse tech shares have performed heading into their earnings. See more.