Take a look at some of the biggest movers in the premarket: Lordstown Motors (RIDE) – Lordstown tumbled 13.7% in premarket trading after the electric vehicle startup said it needed to raise capital to fund operations and that its production this year would be, at best, 50% of prior projections. Canopy Growth (CGC) – The
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U.S. stock futures were little changed in overnight trading on Monday following a strong session led by technology shares and reopening plays. Dow futures rose just 30 points. S&P 500 futures gained 0.12% and Nasdaq 100 futures rose 0.1%. The major averages rose on Monday, led by tech stocks and companies that benefit from a
A visual representation of the cryptocurrency Bitcoin on November 21, 2020 in London, England. Jordan Mansfield | Getty Images Bitcoin is still in a stretch of double-digit intraday moves after briefly halving its value last week, and Wall Street strategists say this crazy run won’t be over anytime soon. It’s been a rude awakening for
Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic soared 20.5% in premarket trading after it held a successful test flight over the weekend of its SpaceShipTwo craft. Virgin’s first manned space flight in more than two years successfully reached space 50 minutes after takeoff from
Traders on the floor of the New York Stock Exchange. Source: NYSE U.S. stock index futures were little changed during overnight trading on Sunday, after the S&P 500 posted its second negative week in a row. Futures contracts tied to the Dow Jones Industrial Average slid 13 points. S&P 500 futures declined 0.07%, while Nasdaq
In this article BTC.CM= A visual representation of the cryptocurrency Bitcoin on November 20, 2018 in London, England. Jordan Mansfield | Getty Images The bitcoin selloff continued Sunday following a roller-coaster week of trading as authorities in China and the U.S. move to tighten regulations on cryptocurrencies. The world’s largest cryptocurrency fell roughly 13% to
US President Joe Biden delivers remarks and participates in the virtual Leaders Summit on Climate Session 5: The Economic Opportunities of Climate Action from the White House in Washington, DC, on April 23, 2021. Jim Watson | AFP | Getty Images President Joe Biden is directing the federal government to develop a strategy to curb
In 2017, UBS became the first international wealth manager to establish a presence in the Qianhai free trade zone, aimed at boosting financial cooperation between Shenzhen and Hong Kong. Evelyn Cheng | CNBC BEIJING — Foreign investors and financial institutions are still keen to invest in China despite geopolitical tensions — and a lot more
In this article BTC.CM= A Bitcoin sign is seen at the entrance of a cryptocurrency exchange office on April 16, 2021 in Istanbul, Turkey. Chris McGrath | Getty Images Bitcoin’s price hovered above the $40,000 level on Friday, as a comeback for the world’s top cryptocurrency was checked by worries around regulation. The digital coin
Take a look at some of the biggest movers in the premarket: VF Corp (VFC) – The company behind apparel brands like North Face, Timberland and Vans posted a mixed quarter, beating top line estimates but reporting lower-than-expected per-share profit. VF said the majority of its supply chain is operational, although it has seen isolated
In this article T OTLY BA .CRBQX VFC DE An ASL Airlines Boeing 737-400 freighter landing at Milan Malpensa airport. Fabrizio Gandolfo | LightRocket | Getty Images Check out the companies making headlines in midday trading. Boeing — Boeing shares edged nearly 3% higher in midday trading after Reuters reported the aircraft manufacturer discussed increasing
People walk past the Federal Reserve building on March 19, 2021 in Washington, DC. Olivier Douliery | AFP | Getty Images The Federal Reserve is facing a big summer ahead as markets look for clues about when the ultra-easy policy measures put in place during the pandemic might finally start to unwind. Investors got their
Alex Chi, Goldman Sachs Source: Goldman Sachs A year after the pandemic began in New York City, something snapped in Alex Chi. The 48-year-old Goldman Sachs banker had been inundated with articles and video clips of horrifying seemingly random attacks on Asian Americans in his home town. Then, in late March, eight people were gunned
In this article @1YM21M .DJI Traders on the floor of the New York Stock Exchange. Source: NYSE Stock futures were flat in overnight trading after major averages rebounded from a three-day losing streak on Thursday led by technology shares. Futures on the Dow Jones Industrial Average added 6 points. S&P 500 futures were flat. Nasdaq-100
A woman wearing a face mask rides a scooter past the U.S. Federal Reserve in Washington, D.C., the United States, on Jan. 27, 2021. Lie Jie | Xinhua News Agency | Getty Images The Federal Reserve is moving forward in its efforts to develop its own digital currency, announcing Thursday that it will release a
A customer uses a bitcoin automated teller machine (ATM) in a kiosk Barcelona, Spain, on Tuesday, Feb. 23, 2021. Angel Garcia | Bloomberg | Getty Images Bitcoin fluctuated between gains and losses Thursday, as the world’s largest cryptocurrency struggled to recover from a major sell-off during the previous session. The digital currency initially climbed Thursday
The logo of Cisco Systems is seen at their headquarters in Issy-les-Moulineaux, near Paris, France. Philippe Wojazer | Reuters Check out the companies making headlines after the bell on Wednesday: Cisco — Shares of the data center networking hardware maker dropped more than 6% in extended trading after the company issued weaker-than-expected guidance for the next
Federal Reserve officials at their April meeting said a strong pickup in economic activity would warrant discussions about tightening monetary policy, according to minutes from the session released Wednesday. “A number of participants suggested that if the economy continued to make rapid progress toward the Committee’s goals, it might be appropriate at some point in
Jason Lee | Reuters BEIJING — The U.S. Treasury said Tuesday it was postponing a ban on trading shares of companies with alleged links to the Chinese military. The new restrictions take effect June 11, versus the prior date of May 27. The move by U.S. President Joe Biden’s administration extends a grace period for
U.S. stock futures were flat in overnight trading on Tuesday ahead of more retail earnings. Dow futures fell about 40 points. S&P 500 futures gained 0.15% and Nasdaq 100 futures rose 0.1%. On Tuesday, the major averages ended the day in the red after notching gains earlier in the session. The Dow Jones Industrial Average