Finance – Page 23 – Globalstocksnews

Microsoft’s (MSFT:NASDAQ) game changing acquisition positions company for bigger role in metaverse

January 21, 2022globalstocksnews

Shares of Activision Blizzard (ATVI:NASDAQ) spiked by 27% over purported plans by Microsoft (MSFT:NASDAQ) to acquire the gaming company in what is seen [...]

Virgin Galactic (SPCE: NYSE) tumbles on plans to take on $500m debt

January 15, 2022January 16, 2022globalstocksnews

Shares of Virgin Galactic (SPCE: NYSE) tumbled on Thursday after the space company announced that it was taking on $500 million more debt. [...]

Fed’s soothing words boosts tech rally

January 12, 2022globalstocksnews

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?

January 6, 2022January 6, 2022globalstocksnews

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

January 5, 2022globalstocksnews

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

January 2, 2022globalstocksnews

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

December 29, 2021globalstocksnews

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

December 24, 2021December 24, 2021globalstocksnews

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

December 24, 2021December 24, 2021globalstocksnews

Stock indexes rallied sharply on Tuesday, snapping back from a three-day losing streak, buoyed by Micron Technology (MU:NASDAQ) . The quarterly results from [...]

Wave of downgrades sends cloud stocks plummeting

December 15, 2021December 15, 2021globalstocksnews

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 [...]