Tag Archives: shares

Stock futures traded slightly higher Monday evening after falling during the regular session, with technology stocks underperforming and dragging the Nasdaq lower as inflation concerns persisted.  Contracts on the S&P 500 opened a tick above the flat line, after the index posted its first decline in three days during Monday’s regular trading day. Dow and Nasdaq futures also opened in the green.  Technology stocks renewed a run of underperformance after a brief rebound late last week, with… Source link

Disney (DIS) shares tumbled on Friday after reporting disappointing fiscal second-quarter results, with revenue and new Disney+ subscribers coming up short and the company’s theme parks business posting a fourth straight quarterly loss.  Shares of the Dow-component were down as much as 5.4% at session lows Friday morning, which would represent the stock’s worst day since June 2020.  “Disney’s in the middle of a recovery. I think what you’re seeing in terms of the stock performance is,… Source link

It will be incredibly emotional when Kobe Bryant is inducted into the Naismith Memorial Basketball Hall of Fame on Saturday. Not just for Bryant’s family, who will be celebrating without him, but for Michael Jordan.  Bryant’s widow Vanessa chose Jordan to present Kobe at the ceremony, which will undoubtedly bring up memories of Jordan’s tearful speech at Bryant’s memorial service. Jordan told ESPN’s Jackie MacMullan in a recent interview that he still gets emotional with it comes to Kobe,… Source link

Sergey Brin attends the 2019 Breakthrough Prize at NASA Ames Research Center on November 4, 2018 in … [+] Mountain View, California. Photo by Kelly Sullivan/Getty Images for Breakthrough Prize Googl GOOG e cofounder Sergey Brin sold $32.7 million worth of Alphabet shares last week, marking his first sale of the tech giant’s stock since 2017. According to SEC filings, Brin sold 13,889 Alphabet shares on Friday—a tiny sliver of his more than 38 million shares in the… Source link

The Telegraph The glitzy, TikTok-ready Vax Live let the message – and Prince Harry – outshine the music The Vax Live charity extravaganza staged at the SoFi stadium in Los Angeles had one thing going for it that no large-scale concert has enjoyed for over a year: an actual audience. There was, admittedly, plenty of elbow room, with 27,000 masked and fully vaccinated key workers assembled in a space for 100,000. But the performers certainly seemed pleased not to be playing into the usual… Source link

undefined Stocks traded mixed on Monday, with the S&P 500 and Dow looking to kick off May on a high note while the Nasdaq declined. The S&P 500 added about 0.4%, while the Dow jumped by 0.9%. On Friday, the S&P 500 ended ended lower, but still closed out its best month since November with a monthly advance of more than 5%. In April, the communication services and consumer discretionary sectors led gains in the S&P 500, returning to a leadership position after lagging earlier in 2021 amid a… Source link

Amazon (AMZN) shares reached a record intraday high after reporting first-quarter results and guidance that blew past expectations.  Shares of the e-commerce giant jumped as much as 2.4% to reach as high as 3,553.39 Friday morning in New York. The stock lost steam in afternoon trading, however, and ultimately ended lower by 0.1% to 3,467.42, or short of a record closing high.  The surge came after the company posted yet another quarter of ballooning sales and earnings, easily exceeding… Source link

Stocks were mixed Wednesday, with each of the three major indexes trading close to the flat line as investors digested an onslaught of corporate earnings results and looked ahead to a monetary policy decision from the Federal Reserve.  The S&P 500 ticked higher, after the index ended just short of a record high during the regular trading day on Tuesday. Shares of Alphabet (GOOGL) gained after the company posted first-quarter sales and profit that easily exceeded estimates, fueled by a… Source link

(Adds dropped country code) MOSCOW, April 28 (Reuters) – Russian internet giant Yandex on Wednesday reported a 43% drop in first-quarter adjusted net income compared with last year but raised its 2021 revenue forecast as the recovery in its core advertising business continued after an early pandemic hit. The advertising business was hurt during the early stages of COVID-19 but other segments such as food delivery and e-commerce boomed as people adapted to using online services when… Source link

(Adds dropped country code) MOSCOW, April 28 (Reuters) – Russian internet giant Yandex on Wednesday reported a 43% drop in first-quarter adjusted net income compared with last year but raised its 2021 revenue forecast as the recovery in its core advertising business continued after an early pandemic hit. The advertising business was hurt during the early stages of COVID-19 but other segments such as food delivery and e-commerce boomed as people adapted to using online services when… Source link