Tag: shares

Asian shares are mixed as China stocks get bump from new property measures

Asian shares were mixed on Friday, with Chinese stocks reversing earlier losses following the announcement of fresh measures to revive the ailing property market. U.S. futures were little changed, with the contract for the Dow Jones Industrial Average near 40,000 after it topped that level for the first time on Thursday. China’s central bank said […]

Applied Materials’ third-quarter forecast disappoints investors, shares fall

By Jaspreet Singh (Reuters) -Applied Materials forecast third-quarter results above Wall Street estimates on Thursday, following strong demand for its semiconductor tools, but failed to meet lofty investor expectations. The company’s shares, which have rallied about 32% so far this year, fell about 1.2% in extended trading. Applied Materials has benefited from growing demand for […]

Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin

Shares of Coinbase fell nearly 8% on Thursday to a price of $202.49. The drop came after a report from the Financial Times that futures exchange CME was considering offering spot bitcoin trading to its clients. Shares of Coinbase dropped nearly 8% to $202.49 during U.S. morning hours on Thursday after a Financial Times report […]

Marjorie Taylor Greene Shares Wild Conspiracy Theory

Marjorie Taylor Greene wasted no time in suggesting that the shooting of Slovakian Prime Minister Robert Fico Wednesday could be linked to his position on COVID vaccines. The MAGA lawmaker shared a post on X Wednesday which contained a video with English subtitles in which Fico purportedly rails against the treatment of those who opposed […]

Michael Burry’s Scion dumps Alphabet and Amazon, buys shares of gold ETF

Michael Burry, founder of Scion Asset Management, sold positions in Alphabet, Amazon and a number of other stocks and put his money to work in an ETF that buys physical gold. – Michael Burry’s Scion Asset Management dumped positions in Alphabet Inc. and Amazon.com Inc. during the first quarter while buying shares of an exchange-traded […]

Walmart shares pop after earnings beat, surpasses $500 billion in market cap

Walmart (WMT) wowed Wall Street yet again, causing shares to jump about 6% in early trading Thursday. For its fiscal 2025 Q1, America’s biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected, while adjusted earnings per share also came in higher at $0.60, compared with estimates of $0.53. CEO Doug McMillion […]

Walmart shares pop after another revenue, earnings beat

Walmart (WMT) wowed Wall Street yet again, causing shares to jump about 6% in early trading Thursday. For its fiscal 2025 Q1, America’s biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected, while adjusted earnings per share also came in higher at $0.60, compared with estimates of $0.53. CEO Doug McMillion […]

Walmart shares pop in pre-market after another revenue, earnings beat

Walmart (WMT) wowed Wall Street yet again, causing shares to jump nearly 7% in pre-market trading. For its fiscal 2025 Q1, America’s biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected, while adjusted earnings per share also came in higher at $0.60, compared to estimates of $0.53. CEO Doug McMillion called […]

Bay Area high school student shares shock of losing relatives in Gaza war

SAN FRANCISCO – For many Palestinian Americans in the Bay Area, seeing the rise in civilian deaths from the war in Gaza is deeply personal, and especially difficult as Wednesday marks the 76th anniversary of the 1948 Israeli-Arab war, which forced hundreds of thousands of Palestinians to flee from their homes in what they call […]