Tag Archives: cap

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, October 20, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with Yahoo Finance App The volatility on Wall Street continued on Wednesday, this time to the downside. U.S. stocks closed in the red, eating into the prior… Source link

Walmart (WMT) is out with a new platform for influencers, called Walmart Creator. On Tuesday, the big box retailer announced a beta version of the site that allows influencers and social media creators to monetize shoppable Walmart product recommendations to their followers. The company plans to fully launch the platform in 2023. In a press release, Walmart marketing executive William White said, “We know our customers are inspired by the content and stories they see from their favorite… Source link

The U.S. still remains ‘a ways away’ from reaching an international agreement to impose a price cap on Russian oil exports, with limited enthusiasm from the world’s largest energy buyers India and China, so far, a Senior Biden energy advisor said. But Amos Hochstein, Special Coordinator for International Energy Affairs for President Biden, said he remains optimistic that Russia would ultimately continue its output despite a price limit, in large part because ‘their economy has nothing… Source link

Subscribe to You Pod to Win the Game On Wednesday, ESPN’s Jeff Darlington shook up the NFL world, reporting that Deebo Samuel had requested a trade from the San Francisco 49ers. The wideout has been the center of trade speculation all offseason as he is likely to be dealt and/or receive a massive contract extension at a time WR money is exploding throughout league salary caps. To talk about this situation in depth, Charles Robinson is joined by none other than Jeff Darlington. They chat about… Source link

U.S. equity futures were flat heading into overnight trading Wednesday after stocks ended a losing streak to log their best session in two years. All three main benchmarks closed higher for the first time in four days and commodity prices retreated from a recent spike as investors looked optimistically toward a possible de-escalation of Russia’s war in Ukraine. Contracts on Wall Street’s key hovered near the flatline in post-market trading after the S&P 500 notched its best day since June… Source link

Google parent Alphabet Inc. headed toward a couple of elusive marks Tuesday evening, after disclosing earnings and plans for a stock split: A $3,000 share price and $2 trillion market cap. Alphabet shares gained more than 9% in the extended session, which ended with Alphabet’s class A shares GOOGL, +1.73% selling for $3,005 apiece and the class C shares GOOG, +1.61% going for $3,013.83. The class A shares have never… Source link

Google parent Alphabet Inc. GOOG 1.81% is expected to report another quarter of strong sales growth, capping a year when profits nearly doubled despite mounting regulatory pressure that threatens the search giant’s future. The company’s dominance in online search, video and internet ad sales made it one of last year’s leading beneficiaries of an upswing in digital advertising. Last year, small and large businesses alike flooded into… Source link

The wins keep piling up for Ford (F).  Impressive orders for the new electric F-150. Ford scion Bill Ford buying a slug of stock in a show of confidence. This week the auto giant’s market cap burst through $100 billion, while crosstown rival GM (GM) stays stuck in neutral at about $89 billion. Despite these grabby headlines, long-time auto analyst Adam Jonas of Morgan Stanley thinks Ford shares have gotten ahead of themselves.  How ahead? The veteran number cruncher said in a new note he… Source link

Apple (AAPL) officially has a market capitalization of $3 trillion. The tech giant passed the $182.86 mark Monday, making it the first publicly traded company in history to hit such a market valuation. Shares were bouncing above and below the number during the day. Apple’s rise to a $3 trillion market cap, which is based on its stock price, comes less than two years after its market cap hit $2 trillion. Microsoft (MSFT) is also potentially on its way to the $3 trillion mark after topping $2… Source link

Apple, whose stock is perched at a record high, is inching closer to becoming a $3 trillion company as Wall Street gets bullish on its future. The tech giant saw its shares jump more than 3% following Morgan Stanley’s Kathy Huberty note to investors about raising price target from $164 to $200. Huberty argued that it’s time to consider the company’s plans to launch an augmented reality product and self-driving car in the next few years. Similarly bullish sentiment came from KeyBanc… Source link