Stock Market
Digital World Shares Drop 5% as Trump Returns to Social Media
Shares of Digital World Acquisition Corp, a special purpose acquisition company (SPAC) that had previously announced plans to merge with the media venture of former...
Stocks Retreat After Powell’s Jackson Hole Remarks
Experiencing a tumultuous ride on Friday, the stocks of major indices retreat into the red territory as Federal Reserve Chairman Jerome Powell’s remarks during the...
Investors Retreat: $11B Pulled from US Equity Funds
Investors exhibited a growing sense of unease as they withdrew a substantial $11.07 billion from US equity funds during the week ending August 13th. This...
China Considers Stamp Duty Reduction to Revitalize Stock Market
Chinese authorities have recently submitted a draft proposal to the cabinet this month, aiming to breathe new life into the nation’s beleaguered stock market. According...
Stock Futures Rise Ahead of Powell’s Speech Impact
Stock futures edged higher in early Friday trading, as market participants awaited significant insights from Federal Reserve Chair Jay Powell’s speech scheduled for 10:05 a.m....
Interest Rates Worries Drive Stock Market Reversal
In a surprising turn of events on Thursday, the stock market veered downwards despite a remarkable quarterly earnings report from technology behemoth Nvidia. This reversal...
Bearish Outlook: Disney Shares Decline 3.7% to 3-Year Low
Shares of The Walt Disney Company experienced a significant decline of 3.7% on Thursday, marking their lowest valuation in nearly three-and-a-half years. This sharp drop...
AMC Executes Reverse Split Prior to APE Shares Transition
In a strategic maneuver preceding the anticipated conversion of its preferred “APE” shares into common stock this Friday, leading exhibitor AMC Entertainment successfully carried out...
Corporate Failures Hit Debt Investors Hard
In a year marked by a surge in corporate failures, debt investors are grappling with diminishing hopes of recovering substantial amounts from distressed companies. The...
Dollar Tree Shines in Q2 with Strong Earnings Beat
Dollar Tree, the renowned discount store chain headquartered in Virginia, has unveiled its vigorous second-quarter (Q2) outcomes for the fiscal year 2018, surpassing Wall Street’s...