Tag Archives: close

Stocks close mixed ahead of July jobs report

Stocks close mixed ahead of July jobs report

U.S. stocks were little changed Thursday following uneventful trading as investors looked ahead to July’s jobs report on Friday and barreled through more earnings. The S&P 500 edged down 0.1%, while the Dow Jones Industrial Average slipped roughly 0.3%. After rallying on Wednesday, tech stocks tried to build back momentum, with the Nasdaq up 0.4%. The biggest action in markets on Thursday, however, was happening away from the major stock indexes with the price of WTI crude oil falling below… Source link

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China box office ‘close to turning point,’ emphasizes ‘the movies are back’

China box office ‘close to turning point,’ emphasizes ‘the movies are back’

On the heels of IMAX’s (IMAX) strong second quarter earnings report, CEO Richard Gelfond is more than confident that the movies are back in business. “It’s not just that the movies are back — they’re back for different age groups,” Gelfond told Yahoo Finance Live in a new interview, referencing the wide variety of available content. “Doctor Strange in the Multiverse of Madness,” “Top Gun: Maverick” and “Jurassic World: Dominion” helped lift overall box office performance in the second… Source link

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Kajeet and Google Partner to Close the Homework Gap – EdTech Magazine: Focus on K-12

Kajeet and Google Partner to Close the Homework Gap – EdTech Magazine: Focus on K-12

New Emergency Connectivity Funding Could Help Schools Support 5G School districts seeking funding for connectivity can also look to the Federal Communications Commission, the organization responsible for E-rate and the Emergency Connectivity Funds. The FCC announced last week that it’s adding $266 million to the Emergency Connectivity Program. The funds will be available to school districts and public libraries in two new rounds, and they must be used to support off-campus learning and… Source link

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production capacity now close to 2 million units

production capacity now close to 2 million units

Tesla (TSLA) stock was up over 10% Thursday afternoon, as the electric vehicle maker reported a better quarter than feared, given production challenges in China, component shortages, and the resources it’s using to gear up production at new factories in Austin and Berlin. In Tesla’s shareholder letter, the company noted that its installed annual capacity, or theoretical max production, increased by nearly two-fold. Tesla’s Fremont production capacity expanded to 650,000 vehicles from… Source link

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Stocks close higher after upbeat retail sales, strong Citi earnings

Stocks close higher after upbeat retail sales, strong Citi earnings

U.S. stocks rallied Friday to cap a four-day losing streak on Wall Street. Sentiment was buoyed by better-than-expected retail sales data and a surprise earnings beat from Citigroup (C). The S&P 500 surged 1.9%, while the Dow Jones Industrial Average added 657 points, or roughly 2.2%. The tech-heavy Nasdaq climbed 1.8%. Blowout second-quarter results from Citi lifted shares of banking industry peers to post the best intraday rally for the sector since May, according to Bloomberg data. The mega… Source link

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NBA investigation into Robert Sarver ‘getting close to the end’

NBA investigation into Robert Sarver ‘getting close to the end’

The NBA’s independent investigation into allegations of misogyny, racism and toxic culture by Phoenix Suns and Mercury owner Robert Sarver is “getting close to the end,” league commissioner Adam Silver told Yahoo Sports this week. In November, ESPN’s Baxter Holmes published a bombshell report that included more than 70 current and former team employees’ claims against Sarver. Among them was Sarver allegedly using the N-word repeatedly, discussing sexually explicit topics in the… Source link

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Stocks close mixed in back-and-forth session after struggling to recover from sell-off

Stocks close mixed in back-and-forth session after struggling to recover from sell-off

U.S. stocks were mixed at the end of a choppy session Tuesday as markets struggled to recover from a sharp sell-off that sent all three major indexes to their lowest level year-to-date to start the week. The S&P 500 was 0.3% higher after the benchmark closed below 4,000 for the first time since March 2021 on Monday, deepening losses from its longest streak of weekly declines since 2011. The Dow Jones Industrial Average fell for a fourth straight day to close 85 points, or 0.3% lower, and the… Source link

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Amazon, Google close out their worst months on Wall Street since 2008

Amazon, Google close out their worst months on Wall Street since 2008

Getty Images; Chris Ratcliff | Bloomberg | Getty Images Shares of Amazon and Google parent Alphabet just closed out their steepest monthly drops since the 2008 financial crisis. The internet giants both reported weaker-than-expected quarterly results this week, hurt by a combination of macroeconomic factors, the war in Ukraine and tough comparisons to blowout numbers during the pandemic. Amazon tumbled 23.8% in April, its biggest decline since falling 25.4% in November 2008, the same month… Source link

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Warriors rally to close out series with Nuggets in Game 5

Warriors rally to close out series with Nuggets in Game 5

Stephen Curry and the Warriors are moving on. (AAron Ontiveroz/MediaNews Group/The Denver Post via Getty Images) Stephen Curry and the Golden State Warriors hadn’t been in this position in, well, years. And it showed. Despite trailing entering the fourth quarter, the Warriors rallied in the final period to knock off Nikola Jokic and the Denver Nuggets, 102-98, in Game 5 of their opening round playoff series. That win officially closed out their series 4-1 and pushed Golden State to the next… Source link

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Twitter needs to close a deal with Elon Musk: Morning Brief

Twitter needs to close a deal with Elon Musk: Morning Brief

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 Monday, April 18, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Excuse me while I take a brief trip down memory lane before I drop the hammer on the topic du jour — Elon Musk’s battle for Twitter. Prior to my time at Yahoo Finance when I was leading… Source link

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