Stocks news

Stocks Face Uphill Climb on Rising Bond Yields

Stocks Face Uphill Climb on Rising Bond Yields

Stocks news
8 months ago

The 10-year US Treasury bond yield, which recently broke past the key 4% mark, kept rising last week and now rests at 4.16%, up from 2.87% a year ago.Bond yields play a vital role in most stock price models. In the Capital Asset Pricing Model (CAPM),...

Disney+ Hikes Prices as Company Reports Lower Earnings

Disney+ Hikes Prices as Company Reports Lower Earnings

Stocks news
8 months ago

The Walt Disney Company is raising prices for its Disney+ streaming service, following its third-quarter report showing financial struggles in almost all areas except international parks.Starting October 12, the ad-free subscription for Disney+ will...

Apple Profits Edge Higher Despite Lower iPhone Sales

Apple Profits Edge Higher Despite Lower iPhone Sales

Stocks news
8 months ago

Apple's quarterly earnings edged slightly higher in its quarterly report this past Thursday, despite another decrease in overall revenue. The results were buoyed by a standout performance from itsservices sector, which managed to offset a dip in iPho...

Meta Stock Jumps After Company Posts 11% Revenue Growth

Meta Stock Jumps After Company Posts 11% Revenue Growth

Stocks news
8 months ago

Meta Platforms, Facebook's parent company, reported a higher-than-expected increase in quarterly revenue on Wednesday, with figures reaching $32 billion for the quarter ending in June. This 11% uptick compared to the same quarter in the previous year...

Wall Street Cooling Off on Netflix's Earnings

Wall Street Cooling Off on Netflix's Earnings

Stocks news
9 months ago

In a display of steady growth, Netflix has bolstered its subscriber base by nearly 6 million and recorded an impressive revenue figure of $8.19 billion, a significant increase from the $7.97 billion reported in the prior year. This success has been a...

Johnson & Johnson Earnings Climb on Medtech Growth

Johnson & Johnson Earnings Climb on Medtech Growth

Stocks news
9 months ago

Pharmaceutical giant Johnson & Johnson (J&J) revealed a jump in its second-quarter revenue and adjusted earnings, outperforming Wall Street's predictions. The result was attributed to strong growth in its medical technology (medtech) sector.O...

Global Stocks Rally On US Debt Ceiling Agreement

Global Stocks Rally On US Debt Ceiling Agreement

Stocks news
10 months ago

Global investors cautiously welcomed news of an agreement that could stave off a catastrophic US debt default. Global stocks and oil prices were higher on Monday. Germany's DAX (DAX) rose by 0.3% in early trading, while France's CAC 40 (CAC40) saw a...

AI Chip Surge Sends Nvidia’s Stock Sky High

AI Chip Surge Sends Nvidia’s Stock Sky High

Stocks news
10 months ago

Driven by the stellar rise of AI technologies, shares of chip maker Nvidia exploded 28% higher Thursday after reporting earnings and sales that surged well above Wall Street’s already-high expectations. It was enough to make investors temporaril...

Markets Brace for Key Big-Tech Earnings Reports

Markets Brace for Key Big-Tech Earnings Reports

Stocks news
11 months ago

Big-tech giants Microsoft, Meta, Alphabet and Amazon are all expected to report earnings this coming week. Investors in key markets will be watching closely as global focus moves away from bank earnings.With lingering uncertainty about the Federal Re...

Alphabet Stock Falls on Market Share Slide against AI Rivals

Alphabet Stock Falls on Market Share Slide against AI Rivals

Stocks news
1 year ago

Shares of Google’s parent company Alphabet slumped more than 3% on Monday after a concerning report suggesting its search powerhouse could surrender significant market share to AI-powered rivals, especially Microsoft’s Bing.Mobile phone giant Samsung...

Global Stocks Rally as Investor Fears Over Banking Turmoil Ease

Global Stocks Rally as Investor Fears Over Banking Turmoil Ease

Stocks news
1 year ago

Stocks around the globe rallied Tuesday as worries over the international banking sector abated in response to a raft of interventions by policymakers. The Dow Jones Industrial index was trading 0.5% higher in late morning trade, while the S&...

Short Selling Tesla Shares Causes Traders to Lose $7.6 Billion

Short Selling Tesla Shares Causes Traders to Lose $7.6 Billion

Stocks news
1 year ago

Tesla stock has skyrocketed 70% in the past month, crushing short sellers who bet against it. Hedge funds that traded against Tesla lost $7.6 billion over the past 30 days, making it the least profitable short of the year so far.In share investing, s...

Microsoft to Slash Thousands of Jobs

Microsoft to Slash Thousands of Jobs

Stocks news
1 year ago

Microsoft Corporation intends to cut thousands of jobs, with some of the roles eliminated expected to come from key divisions like human resources and engineering.The layoffs would underscore a worrying trend among US technology firms. Amazon and Met...

Tesla Cuts Prices in China Again as Demand Flags

Tesla Cuts Prices in China Again as Demand Flags

Stocks news
1 year ago

Tesla has trimmed its prices in China again, the second time in under three months, causing speculation of a price war as demand weakens due to monetary tightening measures taking place in developed countries around the world.The automaker has also c...

Apple Loses $1 Trillion in Market Value

Apple Loses $1 Trillion in Market Value

Stocks news
1 year ago

Apple Inc’s total stock market value slipped on Tuesday, falling below $2 trillion for the first time since early 2021, exactly one year to the day the company became the first public tech company valued at $3 trillion.Apple’s shares fell 4% to $124....

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