Tag Archives: closes

(Bloomberg) — The historic rally in US stocks continued to power ahead, with the S&P 500 closing within a striking distance of 5,000. Most Read from Bloomberg Gains on Wednesday were fueled by a renewed surge in big tech and a strong sale of 10-year Treasuries that dimmed supply concerns. While bonds barely budged, equities extended their bull run on prospects that a solid economy will continue fueling corporate profits. In late trading, Walt Disney Co. and Arm Holdings Plc jumped on upbeat… Source link

The Nasdaq 100 (^NDX) hit a record high on Thursday as stocks rebounded, led by notable tech performances like Microsoft (MSFT) and NVIDIA (NVDA). Yahoo Finance Market Reporter Jared Blikre takes a closer look at the stock and sector actions. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note: This article was written by Eyek Ntekim Source link

AMC (AMC) stock is in free fall so far this year. The theater chain hit a new all-time low on Friday, down more than 2% to close the session at $5.17 per share. The stock is down more than 15% over the past four sessions. The stock has been on a downward spiral as the company continues to issue shares, which dilutes investors’ holdings amid its looming debt. Earlier this week AMC said it “entered into a series of privately negotiated exchange agreements, under which it has issued or will… Source link

[unable to retrieve full-text content]Stock market news today: Stocks little changed as Wall Street closes a record year  Yahoo Finance Source link

Google has announced that its proposed $5.4 billion bid to buy cybersecurity firm Mandiant is now complete. The internet giant revealed plans to acquire publicly traded Mandiant back in March, less than a year after Mandiant was spun out of its previous owner FireEye as part of a $1.2 billion deal with private equity firm Symphony Technology Group. Moving forward, Mandiant will operate under the auspices of Google Cloud, though the Mandiant brand will live… Source link

(Bloomberg) — Amazon.com Inc., determined to reduce the size of its sprawling delivery operation amid slowing sales growth, has abandoned dozens of existing and planned facilities around the US, according to a closely watched consulting firm. Most Read from Bloomberg MWPVL International Inc., which tracks Amazon’s real-estate footprint, estimates the company has either shuttered or killed plans to open 42 facilities totaling almost 25 million square feet of usable space. The company has… Source link

U.S. stock futures drifted slightly lower Tuesday evening after a regular session rally, as investors cheered upbeat developments on discussions between Russia and Ukraine. Contracts on the S&P 500 traded flat to slightly lower. The blue-chip index rose for a fourth consecutive day and closed at its highest level since January earlier Tuesday, unwinding some losses for the year-to-date. Technology stocks led the way higher and helped pull the Nasdaq Composite up by nearly 2%. The CBOE… Source link

AMC’s (AMC) stock gained 45% on Monday. Shares closed at $29.33 each, above their highest closing level of the year in early January. The cinema chain’s CEO Adam Aron told Reuters investors should expect to see more “transformational” deals in the future. “I’d like to think there will be more third-party external M&A announcements going forward where AMC can reach for the stars and intriguing investments that have potentially attractive returns,” Aron said. Earlier this month AMC announced it… Source link

Yahoo has completely ceased its operations in China now that web services company has ended support for its email service in the country. In a recent email sent out to customers, the company explained that it would soon close Yahoo Mail in China while advising them to switch to an alternative email service as soon as possible. Yahoo also recommended that users download their contacts, schedules and other important data before its email service closed for good in the country. In an FAQ page… Source link

NEW YORK–(BUSINESS WIRE)–Feb 9, 2022– Yahoo, the global media and tech company, today announced new partnerships with connected TV (CTV) leaders, following a successful year that closed with 141% growth in CTV ad revenue year-over-year. The momentum indicates the company’s strategic leadership and reach in the CTV… Source link