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Page 5 - Wall Streets

Population collapse due to low birth rates a bigger risk than climate: Musk

This is not the first time that Tesla's top boss has warned about declining birth rates. In June 2022, he also shared data from The Wall Street Journal

Population collapse due to low birth rates a bigger risk than climate: Musk
Updated On : 29 Aug 2022 | 7:32 PM IST

IIT alums became friends on Street. Then one turned on other

Former Goldman banker Brijesh Goel was arrested for insider trading. His friend, ex-Barclays trader Akshay Niranjan, is co-conspirator, who turned on his buddy

IIT alums became friends on Street. Then one turned on other
Updated On : 26 Aug 2022 | 12:26 AM IST

Wall Street Week Ahead: Soft landing hopes for US economy brighten outlook

While last week's strong jobs report allayed fears of recession, inflation numbers this week showed the largest month-on-month deceleration of consumer price increases since 1973

Wall Street Week Ahead: Soft landing hopes for US economy brighten outlook
Updated On : 14 Aug 2022 | 8:31 PM IST

Wall St week ahead: Inflation data may seal fate of unloved US stock rally

For their part, Fed officials have over the past week opposed the narrative of a so-called dovish pivot

Wall St week ahead: Inflation data may seal fate of unloved US stock rally
Updated On : 07 Aug 2022 | 6:43 PM IST

Alibaba moves a step closer towards getting booted off US stock exchanges

The firm's shares fell 9.5 per cent at 1:13 pm in New York after the announcement

Alibaba moves a step closer towards getting booted off US stock exchanges
Updated On : 02 Aug 2022 | 12:52 AM IST
Updated On : 30 Jul 2022 | 12:14 AM IST

Boeing surprises with positive cash flow in Q2 but misses estimates

Boeing Co. reported a $193 million profit for shareholders in the second quarter, but the results fell short of Wall Street targets for earnings and revenue as its defense business weakened

Boeing surprises with positive cash flow in Q2 but misses estimates
Updated On : 27 Jul 2022 | 8:03 PM IST

Wall Street: Tesla keeps Nasdaq afloat, AT&T forecast weighs on S&P 500

Tesla shares rise as profit tops expectations; airlines slide after United, American report earnings; energy stocks lead sectoral declines

Wall Street: Tesla keeps Nasdaq afloat, AT&T forecast weighs on S&P 500
Updated On : 21 Jul 2022 | 10:17 PM IST

Netflix faces tough road ahead despite low second-quarter subscriber loss

Netflix Inc may have calmed investors' worst fears with a second-quarter subscriber loss that was better than expected

Netflix faces tough road ahead despite low second-quarter subscriber loss
Updated On : 21 Jul 2022 | 9:30 AM IST

Netflix is in rough shape. Q2 earnings will determine its future: Report

Netflix, once a darling of Wall Street, is suddenly on the ropes, media reports said.

Netflix is in rough shape. Q2 earnings will determine its future: Report
Updated On : 17 Jul 2022 | 10:33 PM IST

Wall Street week ahead: Recession fears loom over US value stocks

BofA Global Research on Thursday cut its year-end target price for the S&P 500 to 3,600 from 4,500 previously and became the latest Wall Street bank to forecast a coming recession

Wall Street week ahead: Recession fears loom over US value stocks
Updated On : 17 Jul 2022 | 6:46 PM IST

JPMorgan, Morgan Stanley earnings bode badly for Wall Street dealmakers

Both lenders attributed the slump to the challenging macroeconomic environment, including soaring volatility sparked by the conflict in Ukraine

JPMorgan, Morgan Stanley earnings bode badly for Wall Street dealmakers
Updated On : 14 Jul 2022 | 10:25 PM IST

Cloudy valuations give investors pause in buying beaten-up US stocks

Market volatility and a rapidly changing macroeconomic landscape have clouded metrics that investors typically use to value stocks

Cloudy valuations give investors pause in buying beaten-up US stocks
Updated On : 19 Jun 2022 | 7:07 PM IST

Wall Street slips heading into Fed's big rate decision; FedEx, Oracle rise

FedEx jumps after lifting quarterly dividend by more than 50%; Oracle rises as sales, profit top estimates on cloud boom; Continental Resources jumps on buyout proposal from founder

Wall Street slips heading into Fed's big rate decision; FedEx, Oracle rise
Updated On : 14 Jun 2022 | 10:50 PM IST

Charles Schwab subsidiaries to pay $187 mn to settle US SEC charges

SEC slams 'egregious' allocations of customer money that extracted 'hidden costs'

Charles Schwab subsidiaries to pay $187 mn to settle US SEC charges
Updated On : 13 Jun 2022 | 11:38 PM IST

Markets tumble worldwide, bear market growls on Wall St; Dow falls 738 pts

Wall Street is tumbling even more Monday, sending the S&P 500 down more than 20% from its record, on worsening fears about a possible recession given how stubborn inflation has become. The S&P 500 was 3.3% lower in investors' first chance for trading after getting the weekend to reflect on the stunning news that inflation is getting worse, not better. The Dow Jones Industrial Average was down 738 points, or 2.4%, at 30,653, as of 10:30 a.m. Eastern time, and the Nasdaq composite was 3.9% lower. The center of Wall Street's focus was again on the Federal Reserve, which is scrambling to get inflation under control. Its main method is to raise interest rates in order to slow the economy, a blunt tool that risks a recession if used too aggressively. Some traders are even speculating the Fed on Wednesday may raise its key short-term interest rate by three-quarters of a percentage point. That's triple the usual amount and something the Fed hasn't done since 1994. Traders now see a ...

Markets tumble worldwide, bear market growls on Wall St; Dow falls 738 pts
Updated On : 13 Jun 2022 | 10:46 PM IST

Wall St slips 1% as strong factory data fans fears of aggressive rate hikes

Salesforce, Capri Holdings rise after lifting profit outlook; US 10-year Treasury yields spike to two-week high

Wall St slips 1% as strong factory data fans fears of aggressive rate hikes
Updated On : 01 Jun 2022 | 11:06 PM IST

Wall Street bounces back on boost from banks, Apple; Dow rises over 2%

Major indexes are opening broadly higher on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020. The S&P 500 is up 0.9% in the early going. The tech-heavy Nasdaq is up 0.6% and the Dow Jones Industrial Average climbed 1%. European markets were also higher and Asian markets closed mixed overnight. Treasury yields are slightly higher. The yield on the 10-year Treasury note, which helps set mortgage rates, rose to 2.81%.Ware soared following a report that chipmaker Broadcom is in talks to buy it. Wall Street pointed toward gains before markets opened Monday after dipping close to the edge of a bear market to close the week Friday. Futures for the Dow Jones Industrials rose 1% and the S&P 500 climbed 1.1% in premarket trading. Benchmarks rose in Frankfurt, London and Tokyo and fell in Paris and Hong Kong. Oil prices also gained. Yet it has been a brutal stretch for major markets in the U.S. and globally. On Friday the ...

Wall Street bounces back on boost from banks, Apple; Dow rises over 2%
Updated On : 23 May 2022 | 10:05 PM IST

Wall Street rallies as growth stocks rebound, Twitter falls; Dow up 370 pts

Growth stocks such as Apple Inc, Google-owner Alphabet Inc, Amazon.com and Nvidia Corp gained between 2.2% and 6.5% after falling for most of the week.

Wall Street rallies as growth stocks rebound, Twitter falls; Dow up 370 pts
Updated On : 13 May 2022 | 8:19 PM IST

S&P 500, Dow up after inflation data, Nasdaq falls on rate hike worries

US consumer prices slow in April; inflation still high; Coinbase falls on Q1 revenue slump, net loss

S&P 500, Dow up after inflation data, Nasdaq falls on rate hike worries
Updated On : 11 May 2022 | 10:17 PM IST