Enphase Energy slumps as lukewarm US demand weighs on revenue forecast
Shares of Enphase Energy slumped 17% in premarket trading on Friday, after the solar inverter maker's third-quarter revenue
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Wall Street futures rise ahead of inflation data; chip stocks rally
U.S. stock index futures rose on Friday, setting Wall Street on course to end a data- and earnings-heavy
1970-01-01 08:00
China Evergrande's EV unit shares plunge 69% after 16-month halt
By Clare Jim HONG KONG (Reuters) -Shares of China Evergrande New Energy Vehicle Group (NEV) plunged on Friday as trading
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Tupperware's stock extends recent rally, up 300% in 5 trading days
By Caroline Valetkevitch NEW YORK Shares of home and kitchen product maker Tupperware extended their sharp, unexplained gains
1970-01-01 08:00
Wall Street suddenly appears confident America will avoid a recession
Cyclical stocks that tend to rise and fall with the economy are rallying, the latest sign that investors are becoming more optimistic about the possibility of a "soft landing," i.e. no recession.
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Nasdaq futures rise after Meta results, Fed optimism
Nasdaq futures rose on Thursday, supported by a surge in Meta Platforms after its strong third-quarter revenue forecast
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Meta rallies as AI-powered ad sales drive 'monster' forecast
By Aditya Soni Meta shares surged nearly 8% on Thursday as a rosy revenue forecast showed that artificial
1970-01-01 08:00
The responsible investing boom is over. Can anything replace ESG?
Environmental, social and corporate governance, or ESG, investing is on a downward spiral.
1970-01-01 08:00
Nasdaq futures slip as Big Tech results roll in; Fed in focus
Nasdaq futures crept lower on Wednesday as investors assessed results from Microsoft and Alphabet, with markets also cautious
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Alphabet rallies as Google Search unfazed by challenge from Microsoft's Bing
Alphabet rallied nearly 7% on Wednesday on signs its dominant Google Search business was faring well in an
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Senators propose banning stock trades for US Congress, president
WASHINGTON Members of the U.S. Congress, the president, vice president and senior executive branch officials and their relatives
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The stock market is dominated by just a handful of companies. The Biden administration is worried
Just seven stocks -- Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla and Meta Platforms -- make up close to $11 trillion in market value and contributed about 75% of returns of the S&P 500 in the first half of 2023, according to a recent Bank of America report.
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