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S&P 500 touches highest level since August 2022.

June 10, 2023globalstocksnews Comment
S&P 500 touches highest level since August 2022. The S&P 500 rose slightly Friday, touching the 4,300 level for the first time since [...]

SoFi shares receive a boost from reinstated student loan payments

June 9, 2023globalstocksnews Comment
Student loan repayment boosts SoFi shares A planned return of student-loan payments boosted SoFi (SOFI:NASDAQ) shares by 15% on Wednesday. The stock of [...]

Despite Inflation, U.S. Equities Hit 5-month high

May 27, 2023May 27, 2023globalstocksnews Comment
Investors continued to watch developments in Washington following positive signals that policymakers are inching towards a deal on raising the debt ceiling before [...]

This Week in the Markets – Footlocker, Interest Rates, Morgan Stanley, Buffett

May 20, 2023May 20, 2023globalstocksnews Comment
Stocks close lower, but posted a positive week. The Dow Jones Industrial Average dropped 109.28 points, or 0.33%, to 33,426.63. The S&P 500 [...]

Exxon Mobil (XOM:NYSE) and Chevron (CVX:NYSE) both reaped profits not seen since 2008.

May 7, 2023globalstocksnews
The two of the largest oil companies in the world collectively posted $18 billion in first-quarter profits, showing resilience even as oil and [...]

Meta’s earnings beat, US GDP slows, Fox and Tucker Carson part ways: Headlines that defined the week

April 30, 2023globalstocksnews
Hedge funds post big losses betting against tech stocks which surprised Wall Street with better-than-expected earnings. Recession signs grow more evident with US [...]

Tesla (TSLA:NASDAQ) share falls 10% as series of price cuts hurt earnings

April 22, 2023globalstocksnews
Shares of Tesla (TSLA:NASDAQ) FINISHED 9.75% lower, a day after the company reported declining earnings and margins from recent price cuts implemented to [...]

Branson’s Virgin Orbit (VORB:NASDAQ) files for bankruptcy

April 12, 2023globalstocksnews
Shares of Virgin Orbit (VORB:NASDAQ) sank 23% Tuesday after the space satellite company filed for Chapter 11 bankruptcy protection. Virgin Orbit also said [...]

Alibaba (BABA:NYSE) to split companies into six groups in radical overhaul

March 31, 2023globalstocksnews
Alibaba (BABA:NYSE) stocks soared to close 14.26% higher in extended trading Tuesday after the company announced a significant overhaul to split the tech [...]

Shares of GameStop (GME:NYSE) pop after surprise earnings beat

March 25, 2023globalstocksnews
Shares of GameStop (GME:NYSE) popped more than 45% in extended trading Tuesday after the video game retailer posted a quarterly profit for the [...]

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