stocks – News Stories About stocks - Page 4

markets

Jan 7, 2020 3:05 PM CST

US-Iran Clash Troubles Wall Street

The Dow, S&P, and Nasdaq all take a dip

(Newser) - Stocks are closing lower on Wall Street as investors wait for the next step in the increasingly tense US-Iran confrontation, the AP reports. Oil prices gave up some of their recent gains after a US drone strike killed Iran's top general on Friday. Banks and makers of consumer products...

Guru: Exercise Titan Is So Done

Dec 11, 2019 4:48 PM CST

Guru: Exercise Titan Is So Done

Andrew Left at Citron Research sees dark days ahead for Peloton

(Newser) - Peloton's month could get worse—we're just not sure how. First, a company commercial was widely panned and inspired a tongue-in-cheek response . Then stock fell, and kept falling this week. Now an esteemed short seller predicts that Peloton shares will plunge to just $5 in 2020, CNN Business...

It's a Down Day for Stocks,
Brutal for One Retailer

markets

Nov 20, 2019 3:19 PM CST

It's a Down Day for Stocks, Brutal for One Retailer

Urban Outfitters plunges 15.2%

(Newser) - Stocks are closing lower on Wall Street as investors worry that the US and China may not reach a trade deal this year, the AP reports. Technology and communications stocks helped pull the market lower Wednesday. Analog Devices, a chipmaker, fell 2.8%. AT&T lost 2.2%. Several retailers...

Dow Edges Up 23

markets

Oct 17, 2019 3:18 PM CDT

Dow Edges Up 23

And the S&P rises 8 points on upbeat day

(Newser) - Stocks are closing broadly higher on Wall Street as some solid corporate earnings and a breakthrough in negotiations over Britain's exit from the European Union put investors in a buying mood, the AP reports. Companies including Netflix, CSX, and Morgan Stanley rose Thursday after reporting surprisingly good profits. Industrial...

Stocks Take a Rocky Ride

markets

Aug 22, 2019 3:20 PM CDT

Stocks Take a Rocky Ride

And remarks by Fed officials leave investors uncertain

(Newser) - Stocks ended an up-and-down day mostly lower as losses for health care and technology companies offset gains in banks and other sectors, the AP reports. UnitedHealth Group gave up 3.1% Thursday and Adobe lost 1.3%. Remarks from two Federal Reserve bank presidents left investors less certain about the...

Retailers: We Have Good News

markets

Aug 21, 2019 3:22 PM CDT

Retailers: We Have Good News

Target jumps 20%, Lowe's 10% on an upbeat day

(Newser) - Stocks closed higher on Wall Street as investors applauded encouraging quarterly results from major retailers, the AP reports. Target soared 20% Wednesday after releasing earnings that blew past analysts' expectations. Lowe's also jumped 10% after its results beat forecasts. Technology companies accounted for a big share of the gains....

It's a Bad Day for Banks

markets

Aug 20, 2019 3:19 PM CDT

It's a Bad Day for Banks

And the S&P 500 snaps a 3-day winning streak

(Newser) - Financial companies led a modest slide by stocks on Wall Street as a mixed batch of company earnings and declining bond yields weighed on the market, the AP reports. The selling pulled every major sector lower on Tuesday, snapping a three-day winning streak for the S&P 500. Banks took...

Dow Falls Nearly 400 Points

MARKETS

Aug 12, 2019 3:18 PM CDT

Dow Falls Nearly 400 Points

Wall Street's 2-week slide continues

(Newser) - Banks and technology companies led stocks broadly lower on Wall Street, extending a two-week slide brought on by escalations of the trade conflict between the US and China that investors fear will slow down the global economy, reports the AP . The Dow Jones Industrial Average fell almost 400 points Monday....

It's a Bad Day for Netflix

markets

Jul 18, 2019 3:21 PM CDT

It's a Bad Day for Netflix

But overall, stocks closed mostly higher

(Newser) - Stocks shook off early losses and closed mostly higher on Wall Street as technology and bank stocks rallied Thursday, the AP reports. IBM rose 4.5% Thursday after reporting solid results. The company, along with Apple, helped lift the technology sector to lead the broader gains. Banks led financial stocks...

Stocks React to Fed's
Afternooon Statement

markets

Jun 19, 2019 3:20 PM CDT

Stocks React to Fed's Afternooon Statement

There are modest gains after a slow start on Wednesday

(Newser) - Stocks brushed off a muted start on Wall Street and notched modest gains Wednesday after the Federal Reserve reaffirmed that it is prepared to cut interest rates if needed to shield the US economy from trade conflicts or other threats, the AP reports. In a widely expected move, the central...

Cancer-Drug Maker
Has an Incredible Day

markets

Jun 17, 2019 3:15 PM CDT

Cancer-Drug Maker Has an Incredible Day

Array spikes 57% after agreeing to Pfizer acquisition

(Newser) - Stocks built on their recent momentum on Wall Street but the gains were relatively modest and trading remained choppy, the AP reports. Facebook jumped 4.2% and Netflix added 3.2% Monday, leading the way higher among communications companies. Health care stocks were also higher. Cancer drug maker Array jumped...

Another Ride-Sharing
Giant Just Went Public

May 10, 2019 10:36 AM CDT

Another Ride-Sharing Giant Just Went Public

Uber shares were going for $45 each, raising $8.1B, just weeks after Lyft's IPO

(Newser) - With a ring of the opening bell, Uber began picking up passengers as a newly minted public company Friday, giving investors a chance to bet on a service with huge potential but a long way from turning a profit. Shares in the ride-hailing giant were sold in an initial public...

Health Care Gets Hammered

markets

Apr 17, 2019 3:16 PM CDT

Health Care Gets Hammered

Possible congressional reforms spark fears on Wall Street

(Newser) - Stocks are closing lower on Wall Street Wednesday as losses by health care companies outweigh gains elsewhere in the market, the AP reports. Investors hammered insurers amid fears over the potential impact on their profits from health reforms being discussed in Congress. Anthem fell 3.6%, Cigna lost 3.7%,...

Amazon Revenue
Dampens the Party

markets

Feb 1, 2019 3:20 PM CST

Amazon Revenue Dampens the Party

But on the bright side, US hiring was good

(Newser) - Stocks held on to tiny gains at the end of an up-and-down day of trading on Wall Street, the AP reports. Major indexes were higher for much of the morning as investors applauded the latest burst of hiring by US employers. The enthusiasm was tempered, however, by a disappointing revenue...

Apple's 'Darkest Day' Just
Turned Into Dark 3 Months

Jan 4, 2019 1:15 PM CST

Apple's 'Darkest Day' Just Turned Into Dark 3 Months

Market capitalization loss of $452B since Oct. 3 is larger than the entire value of Facebook

(Newser) - Thursday was called the "darkest day" for Apple under Tim Cook. Now the bigger picture from the end of 2018 is emerging, and it's similarly stunning. CNBC reports that in the three months since Oct. 3, Apple's market capitalization losses have reached $452 billion, with Apple shares...

Markets Off to Brutal Start

Nov 20, 2018 9:40 AM CST

Markets Off to Brutal Start

Dow falls more than 500, putting 2018 gains at risk

(Newser) - Stocks are skidding again on Wall Street as a tech rout continues and several big retailers report weak results, per the AP . Apple sank another 3.6% in early trading Tuesday and Microsoft gave up 3.3%. Target, meanwhile, plunged 9.5% after missing Wall Street's earnings estimates. In...

Trump Has Explanation
for Market's 'Little Pause'

Oct 30, 2018 10:45 AM CDT

Trump Has Explanation for Market's 'Little Pause'

It's because of the midterms, he says, warning that Democrats will make things worse

(Newser) - President Trump has repeatedly celebrated the stock market's rise under his watch, and on Tuesday he chalked up Wall Street's rough October to concern about the midterms. "The Stock Market is up massively since the Election, but is now taking a little pause — people want to...

MoviePass Woes Build,
Some Predict 'the End Is Near'

Jul 31, 2018 6:52 AM CDT

MoviePass Woes Build, Some Predict 'the End Is Near'

Movie subscription service looks like it's in big trouble after stocks fall 60%

(Newser) - Shares for the parent company of MoviePass plunged Monday, dropping 60% to close at $0.80 and prompting Forbes to make a dire prediction: "The end is near" for the subscription service, which was charging users $9.95 per month for the ability to see a movie a day...

A Harsh Letter,
a $16.8B Loss,
and a Plan to
Fire Zuckerberg

Jul 26, 2018 6:50 AM CDT

A Harsh Letter, a $16.8B Loss, and a Plan to Fire Zuckerberg

Facebook CEO didn't have a great week

(Newser) - Facebook shares plummeted 20% after market close Wednesday, and one person in particular felt it more than others. Bloomberg reports Mark Zuckerberg lost about $16.8 billion as a result of the dip, which would not only negate the nearly $14 billion he'd already gained this year—it would...

Stocks Up on Good News for
Banks, Bad News for Borrowers

Jun 14, 2018 4:52 PM CDT

Stocks Up on Good News for Banks, Bad News for Borrowers

Rates are going higher as data shows confidence growing since Great Recession

(Newser) - US stocks mostly rose Thursday, as markets get accustomed to the idea of investing with less of a safety net from central banks around the world, reports the AP . The European Central Bank laid out its plan to pull back from the stimulus it's pumped into markets, but it...