Famed investor Carl Icahn said Tuesday an economic downturn could be on the horizon and he is loaded on protection against a steep sell-off in the market. “I think there very well could be a rec...
Tag: Wall Street
Nike, Okta, Alibaba and more
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike reported quarterly profit of 87 cents per share, 16 cents a share above estimates. Revenue beat estimates as well, helped ...
Stock futures inch higher after Powell says bigger hikes possible
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 21, 2022. Brendan McDermid | Reuters Stock futures inched higher in overnight trading after Federal Reserve Chai...
Fed Chairman Jerome Powell speaks at NABE annual conference
[The stream is slated to start at 12:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell is slated to speak Monday at the Nationa...
Stock futures are steady after S&P 500’s best week since 2020
Steven Birdsall, chief revenue officer of Anaplan Inc., left, and Frank Calderoni, president and chief executive officer of Anaplan Inc., center, talk to a trader during the company’s initial pu...
Dow Gains Nearly 300 Points As Stocks Wrap Up Best Week Since November 2020
Topline The stock market continued to rebound on Friday—with the S&P 500 notching its biggest weekly gain in more than a year—as investors react positively to the Federal Reserve’s latest interest...
GameStop Reports A Loss, But Calls It A Down Payment On Its Future
GameStop reported a loss of $147.5 million for the fourth quarter of 2021, but said that reflections … [+] investments it is making in its future. Getty Images GameSto GME p surprised Wall Stree...
Stock futures fall slightly as S&P 500 tries to notch its best week since November 2020
Stock futures dipped in overnight trading Thursday after a three-day rally for the S&P 500 as the equity benchmark is poised to post its biggest weekly gain in more than a year. Futures on the Dow...
Gramercy Funds CIO on emerging markets investing amid the Russia war, including Ukrainian bonds
(Click here to subscribe to the Delivering Alpha newsletter.) Emerging markets, specifically those in Eastern Europe, have been whipsawed amid the ongoing Russia-Ukraine conflict. With sanctions in pl...
Hedge funds are doubling down on commodities bets with some notching big gains
Some pumpjacks operate while others stand idle in the Belridge oil field on November 03, 2021 near McKittrick, California. Mario Tama | Getty Images (Click here to subscribe to the Delivering Alpha ne...
Warren Buffett scoops up another $1 billion in Occidental shares, bringing total stake to $7 billion
Daniel Zuchnik | WireImage | Getty Images Warren Buffett’s Berkshire Hathaway purchased an additional 18.1 million shares of Occidental Petroleum for almost $1 billion on the first three days of...
Chinese stocks trading in the U.S. rocket higher after China signals support for the shares
A pedestrian walks past the Alibaba headquarters building in Beijing. Sheldon Cooper/SOPA Images | LightRocket | Getty Images Shares of Chinese companies listed publicly in the U.S. surged Wednesday a...
U.S. stock futures are flat ahead of Wednesday’s Fed meeting
Stock futures were flat in overnight trading after the major indexes rallied and oil prices tumbled below $100 a barrel ahead of Wednesday’s Federal Reserve meeting. Futures on the Dow Jones Ind...
Wall Street’s Skittish Attitude Toward Putin Pays Off As Russia Default Looms
Citigroup faces the most exposure to Russian sovereign and corporate debt, recently redefining its … [+] at-risk exposure to Russia from $5.5 billion to $9.8 billion. getty Most of Wall Street h...
Airlines, Coupa Software, GitLab and more
Take a look at some of the biggest movers in the premarket: Delta Air Lines (DAL), United Airlines (UAL), Southwest Airlines (LUV) – Delta rallied 3.7% in the premarket while United jumped 3.9% and So...
Alibaba, JD.com, Occidental Petroleum, Chevron and more
Take a look at some of the biggest movers in the premarket: Alibaba (BABA), JD.com (JD) – The e-commerce stocks were among China-based companies taking a hard hit on concerns about U.S. delistings, as...
Stock futures rise as investors monitor Russia-Ukraine war, Fed’s next move
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 11, 2022. Brendan McDermid | Reuters Stock futures rose in overnight trading Sunday ahead of an important week a...
Federal Reserve expected to raise interest rates in week ahead
A trader on the NYSE, March 11, 2022. Source: NYSE Investors may take the Federal Reserve’s first post-pandemic interest rate hike in stride, while uncertainty over the Ukraine crisis continues ...
Stock futures are flat as Dow heads for fifth straight losing week amid Russia-Ukraine war
Traders on the floor of the NYSE, March 2, 2022. Source: NYSE Stock futures were flat ahead of Friday’s session as the Dow Jones Industrial average headed for its fifth losing week in a row amid...
Stocks making the biggest moves after hours: Rivian, DocuSign and more
The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images C...
Pimco faces potential losses over exposure to more than $1 billion in Russian debt
PIMCO headquarters in Newport Beach, California Scott Mlyn | CNBC Pimco’s billion-dollar exposure to Russian debt came under pressure as the country, which invaded its neighbor Ukraine causing i...
Stock futures are little changed after S&P 500’s best one-day rally since 2020
Traders on the floor of the NYSE, Feb. 28, 2022. Source: NYSE Stock futures were little changed in overnight trading Wednesday after the major indexes posted sharp gains as commodity prices cooled. Fu...
Amazon, CrowdStrike, Asana and more
The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Check out the companies making headlines after the bell: Amazon — Shares rose 6....
Stock futures are lower as investors continue monitoring rising commodities prices and the ongoing war in Ukraine
Traders at the NYSE, March 8, 2022. Source: NYSE Stock futures were lower Tuesday evening as investors continued to assess a surge in commodity prices and high inflation while the war in Ukraine conti...
Stock futures dip after the S&P 500’s worst day since October 2020 amid Russia-Ukraine war
Traders on the floor of the NYSE, March 4, 2022. Source: NYSE Stock futures fell slightly in overnight trading Monday following the S&P 500’s worst day since October, as investors remained o...
Closing gender gap could boost global GDP by $2 trillion, Citi says
Damircudic | E+ | Getty Images Women receive a small fraction of venture capital funding and closing the investment gender gap could drive economic growth, according to a new report from Citigroup. Fe...
Dow futures fall 300 points as oil prices spike to 13-year high on Russia-Ukraine war
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 2, 2022. REUTERS/Brendan McDermid Brendan McDermid | Reuters U.S. equity futures fell Sunday evening as ...
National average for a gallon of gas tops $4, the highest price at the pump since 2008
Fuel prices are displayed at gas stations on March 03, 2022 in Chicago, Illinois. Increasing demand and dwindling supplies coupled with global supply uncertainty driven by the war in Ukraine have driv...
Average national gasoline price surges to $3.83 a gallon, the highest since 2012
Fuel prices are displayed at gas stations on March 03, 2022 in Chicago, Illinois. Increasing demand and dwindling supplies coupled with global supply uncertainty driven by the war in Ukraine have driv...
S&P Dow Jones is removing Russia stocks from indices, stripping country of emerging market status
An employee looks at a stock price index graph showing plunging stock prices on an electronic information screen at the headquarters of the Micex-RTS Moscow Exchange. Andrey Rudakov | Bloomberg | Gett...
Stock futures are steady as investors juggle Fed comments and policy
Traders on the floor of the NYSE, March 17, 2022. Brendan McDermid | Reuters U.S. stock futures were little changed in overnight trading on Tuesday as investors continue to digest revelations from the...