Despite a choppy session, the major U.S. equity averages secured modest gains on Wednesday, the first advance so far in 2023. Concerns remained about Federal Reserve policy and the near-term future of the economy. Cruise stocks were among the winners during the session. A move by Carnival Corp. (NYSE:CCL) to raise prices on certain add-ons … Read more
Wall Street ended lower on Tuesday, starting 2023 with a modest decline. With trading resuming after the three-day holiday weekend, investors carried over the negative sentiment that saw 2022 end with the worst annual performance since the Great Recession. The S&P 500 slipped 0.4% on the day, with energy stocks leading the slide. While the … Read more
Big holiday ticket prices, bonus performances and large audiences spurred a hefty surge of nearly 50% in Broadway box office last week (ending Jan. 1) over the previous week, with productions including Funny Girl, MJ, Six, Beetlejuice and & Juliet among the shows smashing house records. With 20 of the 33 shows adding a ninth … Read more
Litecoin has kicked off 2023 to a bright start as the crypto has surged 7% in the last 24 hours and has climbed to 12th on the market cap list. Litecoin Starts 2023 On A Positive Note 2022 was a terrible year for the entire cryptocurrency sector as the long bear market resulted in losses … Read more
Sale of antidepressants in Russia surges after war With the conflict in Ukraine grinding on, many Russians are growing increasingly anxious and worried. Russian Media Reports say that the number of antidepressants sold between January and September 2022 increased by 70% compared to the same period last year. A digital labelling system in Russia saw … Read more
A slew of Big Pharma suitors could be looking to buy Mirati Therapeutics (MRTX), according to reports that sent MRTX stock close to a breakout Wednesday. X Bloomberg reported Tuesday that Mirati has drawn takeover interest ahead of a key data readout next month. Potential buyers include Pfizer (PFE), Merck (MRK), Bristol Myers Squibb (BMY) … Read more
Shares of Deere & Co. DE, +1.18% surged 3.7% toward a seven-month high in premarket trading Wednesday, after the agriculture, construction and forestry equipment maker reported fiscal fourth-quarter sales that were well above expectations, and provided an upbeat full-year outlook, citing positive farm fundamentals and fleet dynamics and increased investment in infrastructure. Net income rose … Read more
Dell Technologies Inc. shares surged in the extended session Monday after the computer maker’s quarterly results topped Wall Street estimates. Dell DELL, -2.31% shares rallied as much as 7% after hours, following a 2.3% decline in the regular session to close at $41.07. Year-to-date, Dell shares are down 27%, compared with a 17% fall in … Read more
Kevin Dietsch/Getty Images News Walt Disney (NYSE:DIS) shares jumped more than 8% in premarket trading on Monday as Bob Iger’s shocking return to be CEO of the embattled media company pleased the industry and analysts alike. MoffettNathanson analyst Michael Nathanson upgraded Disney (DIS) as a result of the return of the 71-year-old Iger, noting that … Read more
There is a new dating app on the market. Grindr (ticker: GRIND), the app geared toward the gay, bi, trans and queer community, started trading on the New York Stock Exchange Friday after merging with blank-check company Tiga Acquisition in a $2.1 billion deal. Source link