GameStop stock surges in late trading on stock-split announcement
GameStop stock surges in late trading on stock-split announcement
GameStop stock surges in late trading on stock-split announcement
The COVID-19 pandemic instigated a boom in personal-computer sales, and supply-chain issues pushed prices up, but analysts see softening sales and a normalizing supply/demand environment in 2022, which slammed a few stocks Thursday morning.
One of the world's largest macro hedge funds sees a rising risk of a 1970s-type wage-price spiral, according to a Thursday news report.
A gasoline tax holiday remains an option under consideration as the Biden administration seeks to give Americans relief from high prices, a White House spokeswoman said Thursday. "The president is not taking anything off the table at this stage," White House communications director Kate Bedingfield told reporters. Earlier Thursday, Biden announced the U.S. would release 1 million barrels of oil per day for the next six months from the Strategic Petroleum Reserve, or more than 180 million barrels in total. Читать дальше...
Stocks closed sharply lower Thursday, capping a volatile and losing quarter for major U.S. equity indexes. The Dow Jones Industrial Average fell around 550 points, or 1.6%, to close near 34,678, according to preliminary figures, while the S&P 500 fell around 72 points, or 1.6%, to end near 4,530.The Nasdaq Composite shed around 222 points, or 1.5%, finishing near 14,221. That left the S&P 500 down nearly 5% for the first three months of 2022, its first losing quarter in two years. The Dow fell 4.6% over the first quarter... Читать дальше...
Dow ends down 550 points as stocks finish quarter in the red
The Hormel Foods brand is voluntarily recalling more than 9,000 cases of peanut butter across 18 states that may have been contaminated
Dow's down nearly 400 points in final minutes of session
Three Democratic senators rejected President Joe Biden's pick to head the Wage and Hour Division at the U.S. Labor Department, which experts said was a victory for Uber Technologies Inc. and other gig companies and likely kills the near-term chances of a pro-labor bill that has been stalled in Congress.
Gloucester Cinema will get to play a role in the fanfare around "CODA's" Oscar win, following a tough stretch for the theater business.
Gold futures settled higher Thursday, posting a gain for the month as well as the quarter. "Gold will remain headline driven and seems poised to make another run higher as the latest Russian move on gas contracts suggests a breakthrough in peace talks seems very far away," said Edward Moya, senior market analyst at OANDA. Russia issued a decree Thursday, demanding payment for natural gas in rubles, but left a loophole to allow dollar and euro payments through a designated bank, the Associated Press reported. Читать дальше...
Macy's Inc. said Thursday that it will open a fulfillment center in China Grove, N.C. in 2024 that will employ 2,800 workers. The facility, which will span 1.4 million square feet and cost $584 million, will account for 30% of the department store retailer's digital supply chain capacity. Macy's is also expanding its Texas facility, with the new distribution center expected to be complete mid-2023. Macy's stock was down 3.5% on Thursday, but has rallied more than 52% over the past year.
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Rail Vision Ltd. received a very cool reception on Wall Street, as the Israel-based railway-safety technology company's shares opened 24% below the initial public offering price, then kept falling. The company raised $15.6 million in the upsized IPO, as it sold 3.79 million share units at $4.13 each, which was the bottom of the expected range, with each unit consisting of one ordinary share and one warrant to buy one ordinary share at an initial exercise price of $4.13. The company had said last... Читать дальше...
JPMorgan, Citi, Wells Fargo and Bank of America in all account for 25% of fossil fuel financing in the last six years, since the Paris climate pact was signed.
Rivian Automotive Inc. is growing very fast, even if the 'influential' electric vehicle maker's stock has not reflected that growth.
This market-timing model posts boasts an impressive track record .
Focus on what you can control, financial advisers say.
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Oil prices drop on Thursday, pressured by news of the biggest-ever release of oil from the U.S. Strategic Petroleum Reserve and a decision by other major oil producers to continue a gradual production increase. Analysts, however, believe the moves will only be a temporary fix for tight global supplies.
Why don’t we just get rid of RMDs altogether?
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
President Joe Biden plans to order the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, senior Biden administration officials told reporters on Thursday. Reports late Wednesday said Biden looked poise to order such a release.
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President Joe Biden on Thursday will announce he's using the Defense Production Act to secure American supplies of the critical materials needed to boost a clean-energy economy, focusing on the procurement of the tools needed to build batteries in the U.S. that will go into electric vehicles, senior Biden administration officials told reporters. Reports on Wednesday had said Biden was considering invoking the Defense Production Act this week to boost domestic production of minerals used in batteries needed for EVs. Читать дальше...
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