Tag Archives: steadying

Stock futures edge higher, steadying amid earnings, lingering virus concerns

Stock futures opened slightly higher Thursday evening as investors considered the latest batch of earnings and economic data and continued to contemplate the path forward for monetary policy.  Contracts on the S&P 500 edged up. Earlier, the index narrowly eked out its first positive trading session in three days. Technology stocks led the way higher, and the Nasdaq outperformed.  Traders this week have watched a number of market concerns unfold, with infections related to the Delta variant… Source link

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Stock futures tick up, steadying after tech-led drop

Bloomberg Tug Boats Scramble to Move Massive Ship Blocking Suez Canal (Bloomberg) — Tugs and diggers have so far failed to dislodge a massive container ship stuck in the Suez Canal for a third day, increasing the chances of prolonged delays in what is arguably the world’s most important waterway.Work to re-float the Ever Given was suspended until Thursday morning in Egypt, shipping agent Inchcape said, citing the Suez Canal Authority. Dredgers are still trying to loosen the vessel before… Source link

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Stock futures open flat, steadying near record levels

Bloomberg EV Company With Almost No Revenue Posts 3,000% Gain in 8 Months (Bloomberg) — There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America.It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through management in recent years.And yet a hot stock it is. Investors have bid Blink’s share price up 3,000% over… Source link

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