Tag Archives: Record

By Tom Westbrook SYDNEY (Reuters) – Bitcoin and ether made record peaks in Asia trade on Tuesday as enthusiasm for cryptocurrency adoption and fears about inflation lent support to the asset class. Bitcoin rose as high as $67,803 and ether, the second-biggest cryptocurrency by market value, hit $4,825 in early Asian hours. Both have more than doubled since June and added nearly 70% against the dollar since the start of October. “Crypto is where the fast money is at,” said Chris Weston, head of… Source link

Stock futures opened flat to slightly lower Monday evening after yet another record-setting session on Wall Street.  Contracts on the S&P 500 ticked down. The blue-chip index closed out an eighth straight day of gains on Monday, or its longest winning streak since 2017, to notch a fresh record high and close above the 4,700 threshold for the first time ever. Both the Dow and Nasdaq Composite also eked out record-setting gains. Equity investors rode an extended wave of optimism over solid… Source link

Stock futures pulled back slightly Monday evening after a record-setting session. Each of the S&P 500, Dow and Nasdaq rallied to fresh highs on Monday as more corporate earnings results exceeded expectations and defied concerns over ongoing supply chain constraints, shortages and cost pressures.  Clorox (CLX) became one of the latest major names to top estimates in results posted Monday after the closing bell, with the cleaning supplies and home goods company topping third-quarter sales and… Source link

Stock futures traded little changed Tuesday evening as investors eyed a slew of stronger-than-expected earnings results from closely watched technology companies. Both the Dow and S&P 500 had set record closing and intraday highs during Tuesday’s session.  Google’s parent-company Alphabet (GOOG, GOOGL) saw shares tick up in late trading after posting third-quarter revenues and earnings that topped consensus estimates, fueled by a further rise in online advertising spending especially among… Source link

Google has done it again — raking in more money than ever before for the second quarter in a row as the COVID-19 pandemic continues on. Alphabet’s Q3 2021 earnings show an all-time record revenue of $65.1 billion and record profits for the fifth quarter in a row at $18.9 billion. As we mentioned last quarter, the growth we’re seeing in 2021 is unusually large: a huge leap over 2020. Google’s revenue in Q3 2021: $65.1 billion2020: $46.2 billion2019: $40.5 billion2018: $33.7… Source link

Stock futures opened slightly higher Monday evening, steadying near record levels as investors awaited another hefty set of earnings and economic data.  The S&P 500 and Dow had each reached all-time highs during Monday’s session, with equity investors proving resilient even in the face of ongoing supply chain challenges and elevated inflationary pressures.  The Nasdaq Composite jumped by 0.9%, coming within 1% of its own record closing high as shares of Tesla (TSLA) rallied for a fourth… Source link

Tesla (TSLA) shares jumped for a fourth straight session on Monday, bringing the market capitalization for the electric-vehicle maker above $1 trillion for the first-time ever. The stock closed higher by 12.7% to reach $1,024.86 per share. Tesla’s year-to-date advance came in at nearly 45.2%, with the stock outperforming against the S&P 500’s 21.6% rise over that same period.  With a $1 trillion market capitalization, Tesla joins an exclusive club of mega-cap technology companies with a… Source link

(Bloomberg) — Tesla Inc. shares touched a new all-time high on Monday, hitting that milestone for a third straight trading session. Most Read from Bloomberg It’s turning out to be a good day for the electric-vehicle maker, with research firm Jato Dynamics saying the company’s Model 3 was the top-selling vehicle in Europe last month, car-rental company Hertz Global Holdings Inc. reported to have placed an order for 100,000 Teslas and Morgan Stanley boosting its price target on the stock by… Source link

(Bloomberg) — Snap Inc. posted its biggest one-day drop on record after the Snapchat parent company warned that Apple Inc.’s data collection rules and global supply-chain bottlenecks are weighing on advertising spending. Most Read from Bloomberg The stock tumbled 27%, wiping out about $32 billion of a market value that now sits around $89 billion. The cautious outlook cast a shadow over ad-dependent peers, including Google-owner Alphabet Inc., Facebook Inc., Twitter Inc. and Pinterest Inc.,… Source link

Stock futures opened lower Thursday evening as investors took in another batch of earnings results and more data on the pace of the economy recovery. Contracts on the S&P 500 edged lower by about 0.3% as the overnight session kicked off. The blue-chip index had hit record intraday and closing highs during the trading day on Thursday. Dow and Nasdaq futures also moved lower.  Snap (SNAP) shares sank more than 20% in late trading after missing third-quarter revenues and offering weak… Source link