A “Now Hiring” sign outside a store on Aug. 16, 2021 in Arlington, Virginia. OLIVIER DOULIERY | AFP | Getty Images Claims for unemployment benefits dropped to their lowest level in decades last week. However, that statistic is getting skewed by pandemic-era labor distortions, making it seem a bit rosier than reality, economists said. There
Finance
The Oracle logo is displayed on the exterior of Oracle headquarters on December 09, 2021 in Redwood Shores, California. Justin Sullivan | Getty Images Check out the companies making headlines in after-hours trading. Oracle — Shares of Oracle jumped 6.5% after reporting earnings and revenue beats for its fiscal second-quarter. Oracle brought in $1.21 per share
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reuters BEIJING — For Americans looking to play the China growth story, Didi‘s delisting from the U.S. shows the rising political risk of investing in U.S.-listed Chinese stocks. Following months of speculation, Chinese
Check out the companies making headlines before the bell: Chewy (CHWY) – The online pet products retailer’s stock tumbled 10% in the premarket after it reported a wider-than-expected quarterly loss. Sales were in line with Street forecasts, but profit was impacted by higher costs for labor and supply chain issues. Lululemon (LULU) – The athletic apparel
In this article AMCX Shopping carts are lined up in front of a Costco store on February 25, 2021 in Inglewood, California. Mario Tama | Getty Images Check out the companies making headlines in midday trading Friday: Costco — Costco shares rose more than 6% after the warehouse retailer posted its latest quarterly numbers a day
In this article 3333-HK An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — Indebted property developer China Evergrande defaulted this week with hardly a ripple in markets as most institutions remained silent. Late Thursday, Fitch Ratings said Evergrande had not confirmed payment of its
A trader works on the floor of the New York Stock Exchange (NYSE) December 9, 2021. Brendan McDermid | Reuters Stock futures opened little changed on Thursday after investors pulled back from the market rebound earlier in the week and turned their focus to inflation data due out Friday. Futures contracts tied to the Dow
In this article GME LCID AAL BA CVS People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters Check out the companies making headlines in midday trading. CVS — Shares of the drugstore chain jumped 3.8% to hit a 52-week high after the company said sales
In this article RENT LCID RH GME A man looks at GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images Check out the companies making headlines in after-hours trading: GameStop — Shares of the video game retailer slid 4% in extended trading Wednesday following the
U.S. stock index futures were little changed during overnight trading on Wednesday, after the major averages posted a third straight day of gains as traders bet that the omicron variant’s economic impacts won’t be as severe as initially thought. Futures contracts tied to the Dow Jones Industrial Average slid 7 points. S&P 500 futures were
In this article ROKU NCLH PLAY SFIX Source: Stitch Fix Check out the companies making headlines in midday trading. Stitch Fix — Shares of the digital personal shopping company plummeted 23% after reporting disappointing guidance for the fiscal second quarter and the full year. Stitch Fix also missed estimates for its fiscal first quarter active customers. The
In this article V The Visa logo seen displayed on a smartphone with a bitcoin logo in the background. Rafael Henrique | SOPA Images | LightRocket | Getty Images Visa is launching new consulting and advisory services to help its clients navigate the world of cryptocurrencies. The payments processor said Wednesday its crypto advisory practice,
Traders work on the floor of the New York Stock Exchange (NYSE), December 3, 2021. Brendan McDermid | Reuters U.S. stock futures were steady in overnight trading on Tuesday after stocks continued their upward climb from the omicron sell-off. Dow futures rose 20 points. S&P 500 futures gained 0.1% and Nasdaq 100 futures rose 0.12%.
In this article SBUX AAPL TSLA AZO DBI Apple signage on the Apple campus in Cupertino, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Apple — The tech giant saw its shares jump more than 3% after Morgan Stanley’s Katy Huberty raised Apple’s price target from $164
In this article @NG.1 A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas futures plunged more than 10% on Monday, falling to the lowest level since August on forecasts for
Stock futures were flat in overnight trading on Monday after a rebound from a rollercoaster week as investors looked past the potential impact from the new omicron coronavirus variant. Futures on the Dow Jones Industrial Average rose just 15 points. S&P 500 futures and Nasdaq 100 futures were both little changed. The overnight session followed
In this article KSS GCP MS UAL SAVE A jet from American Eagle, a regional branch of American Airlines (AA), takes off past other AA aircraft at Ronald Reagan Washington National Airport in Arlington, Virginia, December 3, 2021. Chris Helgren | Reuters Check out the companies making headlines in midday trading. Airlines — Airline stocks
Steven A. Cohen Getty Images Hedge-fund billionaire and NY Mets owner Steve Cohen has invested in a crypto start-up that aims to launch a stock exchange with 24-hour trading. Cohen’s venture-capital fund Point72 Ventures is leading a $14 million funding round for 24 Exchange, a Bermuda-based crypto and foreign exchange trading platform that wants to bring
S&P 500 futures were higher even after a losing week on Wall Street as investors ditched equities amid concerns over the new omicron Covid variant and the Federal Reserve’s move to tighten policy. Nasdaq stock futures were the underperformer on Sunday following a big drop in bitcoin over the weekend and as investors continued to
In this article BTC.CM= ETH= The Bitcoin logo is displayed on the screen of a Bitcoin ATM on November 10, 2021 in Los Angeles, California. Mario Tama | Getty Images Bitcoin prices stabilized on Sunday morning after wild trading sent the cryptocurrency tumbling more than 17% in just 24 hours. The cryptocurrency traded at $48,953