Fed Decision, Tech Earnings Influence Market Moves
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A trader wears a Trump hat as he works on the floor of the New York Stock Exchange during the opening bell on Nov. 6, 2024.Timothy A. Clary | Afp | Getty ImagesOn Nov. 5, the presidential election handed a decisive victory for President-elect Donald Trump. In the days...
Donald Trump’s win last week was a shot in the arm for Wall Street. One of the surging sectors was cryptocurrency, as Bitcoin (BTC) broke out and sustained the torrid run this week, hurdling past $90,000 mark on Wednesday. On Nov. 6 when the election was called, MARA Holdings Inc...
Check out the companies making headlines in premarket trading. Walmart – The retail giant gained about 4% after posting fiscal third-quarter results that surpassed Wall Street's estimates. Walmart also boosted its guidance as customers buy more than groceries. Lowe's — The home improvement retailer's shares fell 1.7%. Although the...
LOS ANGELES, CALIFORNIA - AUGUST 20: The exterior sign of a Lowe's home improvement store is seen on August 20, 2024 in Los Angeles, California. The company beat fiscal second-quarter earnings expectations, but missed on sales and cut its full-year outlook blaming inflation. (Photo by Eric Thayer/Getty Images)Eric...
A general view of the gate of the Thyssenkrupp industrial area in Duisburg, Germany, on August 29, 2024. (Photo by Ying Tang/NurPhoto via Getty Images).Nurphoto | Nurphoto | Getty ImagesGermany's Thyssenkrupp on Tuesday reported a 1-billion-euro ($1.06 billion) impairment on its struggling steel division as the industrial powerhouse flagged...
The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania.Paul Weaver | Lightrocket | Getty ImagesWalmart will report earnings before the bell on Tuesday, as inflation eases and the holiday season heats up.Here's what the discounter is expected to report for the fiscal third quarter,...
Hispanolistic | E+ | Getty ImagesCrypto investors could face higher taxes amid the surging price of bitcoin. But if you're in the 0% capital gains bracket, you can reduce future taxes with a lesser-known strategy, experts say. The tactic, known as tax-gain harvesting, is selling profitable crypto in a lower-income year....
Check out the companies making headlines in midday trading: Spirit Airlines — Trading in shares of the discount airline was halted on Monday after Spirit filed for bankruptcy . Trump Media & Technology Group — Shares in President-elect Donald Trump's media company pulled back roughly 5%. Although the stock...
A trader wears a Trump...
Check out the companies making...
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.
With years of experience dissecting and evaluating the evolving fintech landscape, Fintech Review has become a trusted name in providing insightful, comprehensive, and unbiased reviews of tech-related financial products and services. From the latest advancements in blockchain and cryptocurrencies to cutting-edge payment platforms, robo-advisors, and beyond, Fintech Review keeps a pulse on the innovations that are redefining the financial industry.
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 1, 2024. Brendan McDermid | ReutersHere's how big of a surprise corporate profits have been this earnings season: the fourth-quarter is now shaping up to be the best of 2023.Despite ongoing macroeconomic...
Check out the companies making headlines in midday trading. Meta Platforms — The Facebook and Instagram parent soared 20% after reporting a threefold rise in fourth-quarter profit and declaring its first dividend, to be paid in late March. Revenue jumped 25% from a year earlier, the fastest rate of...
Fs Productions | Tetra Images | Getty ImagesBlack men lost ground in the workforce last month, marking a continuation of the disparities that have permeated the U.S. labor market.Black males who were at least 20 years old saw an unemployment rate of 5.3% in January, up from 4.6% in...
Nick Laham | Getty ImagesThe NFL is holding the Super Bowl in the gambling capital of the U.S. for the first time, but Commissioner Roger Goodell is reminding team personnel that they are not allowed to take part in the action.Goodell sent out a memo on Thursday ahead of...