Stock Market
Brief Rally in US Stocks Amidst Turbulent Market in August
In a turbulent midday trading session on Friday, US stocks managed to regain some ground after experiencing early steep losses, however, this brief respite did...
PBM Shift of Blue Shield Sends Healthcare Stocks Sinking
A seismic shakeup in the realm of pharmacy benefits manager (PBM) services, declared by California Blue Shield, reverberated through the healthcare industry on Thursday, triggering...
Cryptocurrency Markets Rattled by Volatility: Bitcoin Struggles
The global cryptocurrency landscape was rocked by a tumultuous surge of volatility in recent days. Thursday witnessed a staggering one-day upheaval in the value of...
Yield Surge Sends Ripples Through Global Bond Markets
In a significant shift that has rippled across global financial markets, bond traders are facing the stark realization that the era of rock-bottom yields may...
Farfetch Hit by US and China Demand Slump, Shares Drop
Shares of online luxury goods retailer Farfetch took a severe hit, plunging nearly 40% to an unprecedented low on Friday, following a tumultuous period of...
Instacart Gears Up for September IPO, Igniting US Listing Hopes
Instacart Inc., the San Francisco-based grocery-delivery company, is gearing up for its much-anticipated initial public offering (IPO), potentially set to take place as early as...
WeWork Aims to Bounce Back with Reverse Stock Split Tactic
In a strategic maneuver aimed at reclaiming compliance with New York Stock Exchange (NYSE) listing prerequisites, WeWork made a significant announcement on Friday confirming its...
Robust Demand Propels Q3 Profits of Deere & Co to 60% Surge
Deere & Co, the renowned global leader in agricultural equipment manufacturing, has outperformed Wall Street projections for Q3 earnings, propelling its shares 1% higher in...
Dow Jones, S&P 500 Futures Decline; Nasdaq Follows Suit
Stock futures have taken a bleak turn, signaling a continuation of losses for Wall Street as the major indexes grapple with what is shaping up...
Nasdaq Plunges Over 1% as Tech Stocks Lead Market Retreat
The bearish sentiment continued to grip the US stock market for a third consecutive day on Thursday, as major indices registered declines amidst a backdrop...