U.S. Markets News
The Walt Disney Co announces launch of Netflix rival streaming service Disney+
From a small cartoon company founded in 1923 by Roy and Walt Disney to a media conglomerate in 2019, the…
High fuel price lifts consumer price index in March; core inflation softens
Core consumer prices rose at a slow pace in the US last month amid softening economic activity both at home…
Pinterest sets IPO price below recent valuation
Joining the new wave of tech startups seeking to enter the stock market, social media company Pinterest on Monday moved…
Boeing stock slips on 737 production cut
Boeing (BA) stock fell on Monday in pre-market trade after the US-listed aircraft maker announced its decision to cut production…
European Union slaps $58 million fine on General Electric
Antitrust regulators in the EU fined US giant General Electric (GE) a mammoth $58.4 million (52 million euro) on Monday…
Bitcoin rally brings new vigor to cryptocurrency market
Proving the skeptics in the investment world wrong, crypto giant Bitcoin bounced back from the recent lows and crossed the…
Feb retail sales dip as consumers cut spending amid slowing economy
In an indication that the US economy is slowing, retail sales declined in February as households reduced their spending on…
Calendar: Earnings of Walgreens, GameStop, Constellation Brands on queue
Walgreens Boots Alliance, GameStop, Constellation Brands, and more earnings are scheduled for the week between April 1 and 5. Check…
Lyft and six other companies went public in March. Here’s the full list
The IPO market is slowly catching up with seven companies hitting the stock markets in March. The most notable IPO…
Micron stock spikes even as semiconductor recovery gathers steam
The steady improvement in the performance of Micron (MU) shares since the beginning of the year, after staying in the…
Celgene stock jumps after advisory firm backs merger with Bristol-Myers Squibb
The planned acquisition of Celgene (CELG) by rival drugmaker Bristol-Myers Squibb (BMY) got a new lease of life this week…
AstraZeneca drops 6% after announcing $6.9 billion cancer drug deal with Daiichi Sankyo
Shares of AstraZeneca Plc (NYSE: AZN) dropped about 6% on NYSE during the pre-market hours and continued to trade in…
Advantage Tesla: GM won’t slash Chevy Bolt’s price to balance tax credit cut
Last year, General Motors (NYSE: GM) became the second company after Tesla (NASDAQ: TSLA) to touch the threshold of electric…
Lyft starts trading today, stock likely to gain on open
The D-day is finally here. Ride-hailing service Lyft will start trading on Nasdaq under the symbol LYFT shortly after the…
Advaxis shares plummet after reverse stock-split announcement
Nasdaq-listed late-stage biotech firm Advaxis, Inc. (NASDAQ:ADXS) focusses on discovery, development, and commercialization of immunotherapy products. The latest from this…
FuelCell Energy stock plunges to 27-year low
FuelCell Energy Inc. (FCEL) stock plunged to a 27-year low of $0.25 on Thursday. Investors remained concerned about the future…
Why Amarin stock is rallying today
Amarin Corporation (NASDAQ: AMRN) shares got a major boost during the pre-market hours of Thursday after it said the American…
Nissan scandal: Audit committee hints that facts point to Carlos Ghosn’s misconduct
The Nissan-Ghosn episode took another turn on Wednesday after an external committee reviewing governance at the Japanese automaker stated the…
Ford exits Russian car market as pressure mounts on profitability
After much deliberation, the Russian joint-venture partner of Ford Motor Company (F) has decided to close its passenger car division…