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
Strength in several mega-cap tech and communication services stocks kept the main indexes higher Thursday.
The prospect of a war between Iran and Israel is believed to have affected Bangladesh’s capital market. Due to the disruption of import trade in the country, triggered by the Russia-Ukraine war, the profits of most of the listed companies had already decreased during this economic recession, and this time, it has also spread fear in the capital market. Market analysts say there is no direct trade with Iran in Bangladesh. As a result, listed companies are less likely to…
Puma Biotechnology (NASDAQ:PBYI – Get Free Report) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Wednesday. Separately, HC Wainwright decreased their target price on shares of Puma Biotechnology from $8.00 to $7.00 and set a “buy” rating for the company in a research report […]
Institute for Wealth Management LLC. cut its position in shares of KLA Co. (NASDAQ:KLAC – Free Report) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,428 shares of the semiconductor company’s stock after selling 53 shares during the period. Institute for Wealth […]
The latest Amazon Prime numbers come from Consumer Intelligence Research Partners (CIRP), which has been tracking memberships since 2014. The report notes that growth slowed down in the US before Covid after years of impressive figures. It remained flat in the post-pandemic period before picking up over the last 12 months.Read Entire Article
Oil prices jumped more than 3% after reports of explosions near the Iranian city of Isfahan.
Foreign holdings of U.S. Treasuries surged to a record in February, its fifth straight monthly rise, Treasury Department data released on Wednesday showed. Holdings totaled $7.965 trillion, up from a revised $7.945 trillion in January. Treasuries owned by foreigners rose 8.7% from a year earlier.
Alaska Permanent Fund Corp cut its stake in Paychex, Inc. (NASDAQ:PAYX – Free Report) by 25.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,223 shares of the business services provider’s stock after selling 11,181 shares during the period. Alaska Permanent […]