These are the stocks posting the largest moves in midday trading.
Check out the companies making headlines in premarket trading. Novo Nordisk — The stock jumped about 5%, rebounding from the nearly 18% losses seen in the previous session. On Friday, the Danish pharmaceutical giant's experimental weight loss drug, CagriSema, reported late-stage trial results that missed expectations . Honda –...
Lahore, Pakistan, December 20th, 2024, ChainwireO.XYZ, the leading decentralized Super AI project, announces the launch of OSOL100, a first-of-its-kind AI index token designed to capture the cumulative value of Solana’s top 100 AI projects. This innovative token provides users with direct exposure to Solana’s AI infrastructure, agents, and meme...
Check out the companies making headlines in midday trading: JPMorgan , Bank of America , Wells Fargo — The three U.S. banks that dominate transactions on the Zelle payments network all rose around 2% despite a Friday lawsuit from the Consumer Financial Protection Bureau over Zelle payment fraud. Crypto-linked...
Prices barely moved in November but still held higher than the Federal Reserve's target when looked at from a year ago, according to a Commerce Department measure released Friday.The personal consumption expenditures price index, the Fed's preferred inflation gauge, showed an increase of just 0.1% from October. The measure...
Check out the companies making headlines before the bell. Novo Nordisk – Shares plunged more than 19% after the Danish pharmaceutical giant reported disappointing late-stage trial results for its experimental weight loss drug, CagriSema. Rival obesity drug maker Eli Lilly rose more than 6% following the results. FedEx –...
MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency hike in late February, citing cooling inflation and a recovery in the ruble.KIRILL Kudryavtsev | AFP | Getty ImagesRussia's central bank on Friday unexpectedly left its...
A driver of FedEx stands with packages near a delivery truck during Black Friday preparations in the Georgetown neighborhood of Washington, U.S., November 26, 2024. Benoit Tessier | ReutersFedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery...
Singapore, Singapore, December 20th, 2024, FinanceWireFBS, a leading global broker, unveils its latest analysis of cryptocurrency market trends for 2024 and predictions for 2025. FBS analysts explore how pivotal events have shaped the digital finance landscape and identify emerging opportunities for the coming year.A Closer Look at 2024According to...
Check out the companies making headlines in after-hours trading. FedEx – Shares rose 8% following the delivery giant's better-than-expected earnings. For its fiscal second quarter, FedEx reported adjusted earnings of $4.05 per share, above the $3.90 per share that analysts surveyed by LSEG were expecting. Revenue, however, came in...
These are the stocks posting...
Lahore, Pakistan, December 20th, 2024,...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
The world economy is set for a slowdown as interest-rate increases weigh on activity and China’s pandemic rebound disappoints. Growth will ease to 2.7% in 2024 after an already “sub-par” expansion of 3% this year, according to the latest OECD forecasts. With the exception of 2020, when Covid struck, that...
UBS Group Chief Executive Sergio Ermotti said the bank will give investors an outline of its growth strategy early next year and signaled the direction of plans to grow in the U.S., as the lender progresses with the integration of Credit Suisse. The Swiss lender is currently working at “full...
BlackRock Inc.’s Amanda Lynam says the rebound in junk bond issuance is set to accelerate, as companies work to get ahead of a wall of maturities starting in 2025. The high-yield market has sprung to life in September, with firms taking advantage of improved investor appetite to refinance debt or...
Citigroup Inc. debuted a token service that’s part of a broader push to offer digital assets to institutional clients. The product — known as Citi Token Services — will transform customers’ deposits into digital tokens that can be sent instantly anywhere in the world, according to a statement Monday. The...
By Soumaya Hamzaoui, Co-Founder and COO of RedCloud The face of global commerce has changed beyond recognition over the last decade. While large online retailers like Amazon and Facebook have profited from the switch to digital trading, they have also squeezed their smaller competitors in emerging markets and developing economies...
United Auto Workers members attend a solidarity rally as the UAW strikes the Big Three automakers on September 15, 2023 in Detroit, Michigan.Bill Pugliano | Getty ImagesDETROIT — The most recent contract proposal by automaker Stellantis to the United Auto Workers union could lead to the closure of 18...
Members of the Writers Guild of America East are joined by SAG-AFTRA members as they picket at the Warner Bros. Discovery NYC office on July 13, 2023 in New York City.Michael M. Santiago | Getty ImagesThe Writers Guild of America said Monday that the union will resume negotiations with...
