Lyft stocks higher despite earnings report error
In a rollercoaster of events, Lyft shares were 20% higher in premarket trade Wednesday, retaining some gains after the company announced a major error in [more…]
Category: U.S.
Bitcoin price surges above $50,000, its highest level in over two years
Bitcoin, the world’s most famous cryptocurrency, is making headlines again, soaring past the $50,000 mark on Monday, its highest level in over two years. The [more…]
Mexico surpasses China as top source of U.S. imports for first time in over two decades
The winds of trade are shifting, as Mexico emerges as the United States’ leading source of imported goods, surpassing China for the first time in [more…]
Snap shares plummet 30% after missing revenue estimates
Snap shares tumbled by 30% in Wednesday morning trading, following the release of the company’s fiscal fourth-quarter earnings report. The stock decline came after Snap [more…]
McDonald’s reports mixed quarterly results
McDonald’s Corporation faced mixed results in its quarterly report, with turmoil in the Middle East impacting its sales in those markets. The fast-food giant’s shares [more…]
CEO Mark Zuckerberg’s ‘Year of Efficiency’ pays off as Meta doubles operating margin and slashes expenses
Shares of Meta surged on Friday following the release of its fourth-quarter earnings report, which showed a significant increase in profit and the announcement of [more…]
Amer Sports IPO debut on NYSE with 5% jump
Amer Sports, the Finnish athletic company known for brands like Wilson tennis rackets and Arc’teryx, made its debut on the public markets with a 5% [more…]
Flutter lists on NYSE
On Monday, Flutter, the parent company of FanDuel, made its debut on the New York Stock Exchange, providing U.S. investors with an alternative investment opportunity [more…]
Macy’s rejects $5.8 billion privatization bid from Arkhouse and Brigade Capital
Macy’s announced its decision to turn down a $5.8 billion proposal from Arkhouse Management and Brigade Capital Management to take the department store operator private. [more…]
U.S.-listed Bitcoin ETFs see strong trading debut, sparking crypto market competition
U.S.-listed bitcoin exchange-traded funds (ETFs) experienced a robust start as $4.6 billion worth of shares traded hands following their approval by the U.S. securities regulator. [more…]