What is the future of non-fungible tokens? Will they become more than digital art and collectibles? A couple of experts certainly think so. See Our List: 100 Most Influential Money Experts Small...
Wall Street bounced back with a broad rally on Friday, as investor confidence was boosted by upbeat earnings, heartening economic data and waning fears of a larger-than-expected interest rate hike by the Federal Reserve.
The worst performing sector as of midday Friday is the Utilities sector, higher by 0.1%. Within that group, NextEra Energy Inc (Symbol: NEE) and AES Corp (Symbol: AES) are two large stocks that are lagging, showing a loss of 2.1% and 0.8%, respectively. Among utilities ETFs,
Looking at the sectors faring best as of midday Friday, shares of Financial companies are outperforming other sectors, up 2.8%. Within that group, Citigroup Inc (Symbol: C) and State Street Corp. (Symbol: STT) are two large stocks leading the way, showing a gain of 14.0% and 1
In trading on Friday, shares of Brookfield Asset Management Inc's Cumulative Exchangeable Redeemable Class A Preference Shares, Series 8 (TSX: BAM-PRE.TO) were yielding above the 5% mark based on its monthly dividend (annualized to $0.9209), with shares changing hands as low as
Juul Labs Inc is seeking fresh financing at a time when the company is navigating uncertainty due to lawsuits and a potential ban on sales of its e-cigarettes by U.S. health regulators, Bloomberg News reported on Friday.
Canadian police confirmed on Friday that a man shot dead in British Columbia on Thursday was Ripudaman Singh Malik, a Sikh businessman acquitted in connection with the 1985 Air India bombing that killed 329 people.
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is joining its tech peers in a stock split. The trillion-dollar tech giant, which is the parent company of Google, plans to do a 20:1 stock split on Friday, July 15.
A Finnish government minister's visit to Berlin on Thursday did not yield a clearer timeline for a solution to the financial problems of embattled German utility Uniper, Germany's economy ministry said on Friday.
The U.S. congressional panel probing the Jan. 6 2021 attack on the Capitol plans to ask the Secret Service about its alleged deletion of text messages sought by a watchdog investigating the agency's response to the assault, the panel's chairman said.
What happened
Virgin Galactic Holdings (NYSE: SPCE) is progressing with its plans to build its next-generation spaceship, announcing the site of its final assembly manufacturing facilities. On a day when investors are feeling optimistic, the news was good enough for a 5% jump in
Senator Joe Manchin's decision to halt support for President Joe Biden's climate legislation after more than a year of negotiations has left Democrats with limited options to tackle climate change, an important goal for the president's base.
The iShares Core Conservative Allocation ETF is seeing unusually high volume in afternoon trading Friday, with over 1.5 million shares traded versus three month average volume of about 394,000. Shares of AOK were up about 0.6% on the day.
Imagine buying your first car during the worst car market in recent memory. Inventory shortages and rising prices began with the pandemic-driven computer chip shortage in 2021. In May of…
Etihad Airways on Friday said it would operate all five return daily Abu Dhabi - London Heathrow flights at full capacity until at least the end of the month despite a request by Britain's busiest airport for airlines to cut capacity to ease congestion.
Energy stocks were higher this afternoon, with the NYSE Energy Sector Index up 1.5% and the SPDR Energy Select Sector ETF (XLE) climbing 1.4%. The Philadelphia Oil-Service Sector index was posting a 1.7% advance but the Dow Jones US Utilities Index was slipping 0.1%.
Financial stocks were sharply higher in afternoon trading, with the NYSE Financial Index rising 2.4% while the SPDR Financial Select Sector ETF (XLF) was ahead 3.1%.
Biotech stocks have a reputation as a moderate- to high-risk investment. That's because many of these companies spend a fortune on research and development with no guarantee their products will ever...