Tag Archives: gains

Stock futures extend gains as virus fears ease

Stock futures opened higher on Monday to hold onto gains after a recovery rally, with investors at least temporarily shaking off concerns over a new coronavirus variant and looking ahead to new market catalysts.  Contracts on the S&P 500, Dow and Nasdaq rose. Each of the three major indexes had ended the regular trading day solidly in the green, with technology stocks leading the way higher and helping pull the Nasdaq up by nearly 2%.  Investors were heartened by remarks from the White… Source link

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Satya Nadella sells half his Microsoft stock, weeks before state implements capital gains tax

Microsoft CEO Satya Nadella at the company’s shareholders meeting in 2015. (GeekWire File Photo.) Microsoft CEO Satya Nadella sold half of his stake in the company in a series of transactions last week, divesting about 840,000 shares for a sum of more than $285 million, according to a regulatory filing. Nadella sold the shares “for personal financial planning and diversification reasons,” the Redmond-based company said in a statement Monday afternoon. “He is committed to the continued… Source link

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Amid electric car frenzy, Warren Buffett scores 3,000% gains with this overlooked EV maker

Amid electric car frenzy, Warren Buffett scores 3,000% gains with this overlooked EV maker Warren Buffett isn’t known for chasing hype, but that doesn’t mean he’s missing out on the current EV boom. Rivian Automotive, which debuted on Nasdaq a week ago at $78 per share, now trades at nearly $150. Lucid Group, which went public through a SPAC deal this summer, surged 77% over the past month. Then there’s Tesla, which despite its recent pullback, is up a whopping 148% over the past… Source link

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Stocks rise as traders extend gains into November

Stocks traded higher on Monday, with equities looking to build on gains after the S&P 500’s best month since November 2020. Contracts on the S&P 500, Dow and Nasdaq opened higher. Investors are heading into November trading with momentum from a record-setting October, when the S&P 500 logged its best monthly gain in nearly a year. Each of the S&P 500, Dow and Nasdaq had set all-time highs last week, powered higher by a combination of estimates-topping corporate profit results. And according… Source link

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3 Crypto Stocks Gearing up for Gains; Analysts Say ‘Buy’

The stock markets are at or near record highs right now, buoyed by a strong investors sentiment, especially among retail investors. Stocks represent a strong return while interest rates and bond yields remain low. But for return-minded investors, stocks are not the only game in town. The notoriously volatile Bitcoin has surged 109% this year, peaking above $65,000 earlier this month. Yet, some crypto watchers believe the digital coin will climb even higher. The cryptocurrency sector is worth… Source link

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Stocks rise as investors await earnings, oil prices extend gains

Stocks rose Monday as investors mulled ongoing signs of inflation and supply-related challenges and awaited more data on corporate earnings.  The S&P 500, Dow and Nasdaq each pushed into positive territory to shake off overnight losses. Treasury yields gained across the curve, and the benchmark 10-year yield hovered around 1.61%, or its highest level since June.  U.S. West Texas intermediate crude oil futures extended gains after logging a seventh straight weekly advance, jumping by another… Source link

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GLOBAL MARKETS-US stock futures lead Asia lower, dollar gains on yen

* Asian stock markets: https://tmsnrt.rs/2zpUAr4 * US stocks futures slip as earnings season looms * Oil leads energy complex higher, stokes inflation risk * Dollar reaches highest on yen since April 2019 By Wayne Cole SYDNEY, Oct 11 (Reuters) – Asian shares slipped on Monday as global inflation angst favoured commodities as a hedge over U.S. equities, while rising U.S. bond yields lifted the dollar to two-and-a-half year peaks against the Japanese yen Nasdaq futures and S&P 500 futures were both… Source link

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