5. Global market overview:US stock futureswere lower. European marketsdropped in early trade following a negative trading session inAsia. The Shanghai Composite was closed for a holiday. TheDow Jones industrial averageclosed 0.2% higher on Wednesday, while theS&P 500added 0.1% and theNasdaqgained...
Shares of Raytheon(RTN)are tracking 2.8% higher in premarket trading, while stock of United Technologies(UTX)could leap 5%. In other deal news: UK travel business Thomas Cook said Monday that it’s looking at selling its tour operator business to China’s Fosun. Thomas Cook shares in London...
People walk past The New York Stock Exchange in the financial district of Lower Manhattan, New York City on March 8, 2024. zz/NDZ/STAR MAX/IPx/AP A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can ...
London CNN Business — A wave of anxiety is sweeping through stock and bond markets as investors prepare to enter a new phase of the pandemic. What’s happening: Concerns are growing that a strong economic recovery later this year will cause a spike in inflation. That’s sparked a selloff...
That drove the stock up more than 20% in premarket trading. Beyond Meat, which makes plant-based protein, has generated significant hype in recent weeks on the back of its successful public offering. If shares jump as much as expectedwhen US markets open, its stock would be at nearly ...
Berkshire also bought back $2.2 billion in stock last quarter, bringing the year’s total to approximately $9.2 billion in stock repurchases. Saturday’s report showed that Buffett is sitting on a record pile of cash. Berkshire has about $167.6 billion in cash and equivalents, breakin...
People walk past the New York Stock Exchange Thursday, March. 21, 2024. Yuki Iwamura/AP A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter...
Historically, getting added to or dropped from the Dow hasn’t had a significant impact on companies’ stock performances. But presence in the index, which began in 1896, comes with a certain level of cachet. The exclusive group traditionally tries to mirror the most important compa...
ByJulia Horowitz, CNN Business 5 minute read Published 8:17 AM EST, Wed February 16, 2022 Video Ad Feedback Experts raising alarm over 'crisis' of TikTok's impact on mental health Meta stock faces biggest test as Facebook sees first decline in users ...
The meteoric rise in GameStop’s stock, as traders congregating on Reddit and Discord take on short sellers and hedge funds, is hard to look away from. It’s the closest thing Wall Street has to David vs. Goliath.