These Stocks Are Moving the Most Today
AMC Entertainment falls sharply after the movie-theater chain files to sell $250 million of stock, RH sees demand trends ‘accelerating’ throughout the fiscal year, and shares of Palantir are downgraded.
AMC Entertainment falls sharply after the movie-theater chain files to sell $250 million of stock, RH sees demand trends ‘accelerating’ throughout the fiscal year, and shares of Palantir are downgraded.
Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it’s clear that — like the man it’s named after — there’s nothing typical about the stock. “If I woke up tomorrow and shares were zero dollars, or $100, I would not be surprised,” said Matthew Tuttle, a professional investor who bought $800 in Trump Media stock last week when it was at an all-time low. With Trump facing dozens of federal felony charges and hundreds of millions in legal expenses, Trump Media went public on March 26 on the Nasdaq exchange.
Aussies are making tens of thousands of dollars in net income through this popular strategy - but it's not without its downsides. Find out more here.
Westpac economists have pushed back their prediction for when the Reserve Bank of Australia (RBA) will reduce the cash rate.
HECS debts are about to balloon again, but some Aussies could take advantage of a loophole to avoid indexation.
Australian workers copped the largest tax increase in the developed world last year. The tax spike disproportionately impacted low and middle-income earners.
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Q3 2024 Western Digital Corp Earnings Call
Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business — Truth Social — will keep dropping despite massive buying by Trump loyalists and wild swings that often mirror the candidate’s latest polls, court trials and outbursts on Truth Social itself.
Higher interest rates, cost of living pressures and an increasing tax burden have kept a lid on Australian consumer spending and left retail sales weak.
U.S. first-quarter estimated earnings growth is looking stronger at nearly the halfway mark of the reporting period, with corporate results giving a boost to stocks this week after recent weakness. S&P 500 year-over-year earnings growth for the first quarter of 2024 is now seen at 5.6%, according to LSEG data on Friday. The latest estimate is based on results from 229 of the S&P 500 companies and forecasts for the rest, with about 78% of reports beating analysts' earnings expectations.
Alphabet, the parent company of Google, bounced back from an absolutely dreadful day for tech shares, as its stock surged Thursday after the closing bell. All it had to do was to hand out billions of dollars to investors.
Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from Alphabet pushed its market value over $2 trillion, while an in-line inflation reading calmed interest rate jitters. Lifting sentiment further, Microsoft rose 2.5% on beating Wall Street estimates for third-quarter revenue and profit, driven by gains from AI adoption across its cloud services. Other growth stocks also traded higher on the results, with Amazon.com and Nvidia up 2.9% and 5.0%, respectively.
Interest rates have been kind to investors over the past couple of years. In January 2022, the fed funds rate was 0.08%. As of April 19, 2024, it was 5.33%. But where will it go in the future? And...
Inflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has stalled in the United States, with the Federal Reserve now expected to start cutting interest rates well after its European counterpart.
The home insurance market is crumbling in New Orleans, leaving Alfredo Herrera with few options for coverage — and skyrocketing insurance premiums.
The dollar surged to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, coming in line with forecasts and affirming expectations that the Federal Reserve will likely delay cutting interest rates to later this year. The dollar's peak against the yen came after the Bank of Japan kept interest rates steady at its end of its two-day policy meeting, although it flagged future rate hikes.
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With very few exceptions, cars are guaranteed to lose value. You may love your car, but there's no reason to overspend on a depreciating liability, especially at a time when all other goods and...