Virgin Galactic (SPCE: NYSE) tumbles on plans to take on $500m debt
Shares of Virgin Galactic (SPCE: NYSE) tumbled on Thursday after the space company announced that it was taking on $500 million more debt.
[...]
Authorglobalstocksnews
Fed’s soothing words boosts tech rally
Tech stocks rallied on Tuesday following a calming statement from the Fed Chair that the central bank was willing to use its tools
[...]
Retail favorites see red, but is there more pain ahead?
The Fed’s hawkish tone may have set in motion a sell-off in the market, but retailers were not expecting the carnage being witnessed
[...]
Financial stocks lead the Dow to a new high
Financial stocks got a big boost on Tuesday, leading the Dow to a new high as Treasury yields rallied for a second-straight day.
[...]
Didi (DIDI:NYSE) reveals $4.7bn loss as ride-hailing company eyes Hong Kong Debut
Chinese ride-hailing firm, Didi Global Inc. (DIDI:NYSE) is facing a perilous road to recovery as the effects of the crackdown are biting harder.
[...]
Investors lose sweet tooth for Fintech stocks as risk mounts
Fintech stocks took a tumble on Tuesday even as the market finished at a record high amid low liquidity. PayPal (PYPL:NASDAQ), Robinhood Markets
[...]
Shares of Tesla (TSLA:NASDAQ) rally as Musk says he is done with stock sale
Shares of Tesla (TSLA:NASDAQ) rallied Thursday after CEO, Elon Musk said he had unloaded enough stock to achieve his stated goal of selling
[...]
Micron (MU:NASDAQ) shares dial back negative sentiment as shares surge 10% on positive outlook
Stock indexes rallied sharply on Tuesday, snapping back from a three-day losing streak, buoyed by Micron Technology (MU:NASDAQ) . The quarterly results from
[...]
Rivian (RIVN:NASDAQ) shares plummet on production shortfall
Shares of Rivian Automotive (RIVN:NASDAQ) plummeted 10% in after-hours trading Thursday after the electric vehicle start-up cut vehicle production expectations for the year.
[...]
Wave of downgrades sends cloud stocks plummeting
Cloud stocks took a tumble in Tuesday’s trading session after analysts at JP Morgan (JPM:NYSE) issued a slew of downgrades based on valuation
[...]