In this photo illustration the Penn Entertainment logo seen displayed on a smartphone mobile screen. Raphael Henrique | SOPA Images | Light flare | Getty Images Penn Entertainment Thursday became the first US gambling company to post a profit in its sports betting business in the last three months of a year. Usually, it is …
Penn sports betting business posts fourth quarter profit Read More »
Ford CEO Jim Farley removes his mask during the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford engine is set to release its fourth quarter results after the bell on Thursday. Here’s what Wall Street expects, according to …
Christine Lagarde, President of the European Central Bank speaks at an event. Bloomberg | Bloomberg | Getty Images The European Central Bank on Thursday confirmed expectations of an interest rate hike of 50 basis points, taking its key rate to 2.5%. In a statement, he pledged to “stay the course by raising interest rates significantly …
European Central Bank raises rates by 50 basis points, promises another hike in March Read More »
Shell said last month that windfall taxes imposed by the European Union and the United Kingdom following the profit hike would cost the group around $2 billion. Paul Ellis | AFP | Getty Images British oil giant Shell posted its highest-ever annual profit on Thursday, buoyed by soaring fossil fuel prices and robust demand since …
S&P 500 futures advanced late Wednesday as investors looked past the latest interest rate hike and comments from the Federal Reserve. Broad index futures added 0.4%. Nasdaq 100 futures gained 1%, helped by Meta stocks. Dow Jones Industrial Average futures were down 9 points, almost flat. Meta jumped more than 19% in extended trading after …
Nasdaq 100 futures rise, propelled by Meta stocks Read More »
Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michel Loccisano | Getty Images Section said Wednesday its net loss was down year-over-year and for the third straight quarter, subscription revenue exceeded sales of the company’s connected fitness products. CEO Barry McCarthy called the results a possible …
Traders on the NYSE floor Source: NYSE Stock futures fell on Wednesday as investors anticipated Wednesday’s Federal Reserve meeting. Futures contracts linked to the Dow Jones Industrial Average lost 140 points or 0.4%. S&P 500 futures and Nasdaq Composite futures fell 0.4% and 0.3%, respectively. The Fed will announce at 2:00 p.m. (ET) how much …
Stock futures fall as traders await latest Federal Reserve rate hike decision Read More »
Most dollar bonds issued by the Adani Group of companies gained for a second day on Wednesday after its flagship sold $2.5 billion worth of shares in a fully subscribed follow-on offering.The 2024 ratings of Adani green energy ltd. gained nearly 5 cents on the dollar to 80.9 cents as of 9:35 a.m. in Hong …
Most Adani bonds rebound after group shares sold for $2.5 billion Read More »
A man walks through Google’s offices on January 25, 2023 in New York. Leonard Munoz | Corbis News | Getty Images Google is testing new AI-powered chat products that are likely to influence a future public product launch. They include a new chatbot and a potential way to integrate it into a search engine. The …
Google is testing the ChatGPT-like ‘Apprentice Bard’ chatbot with employees Read More »
The Snapchat logo displayed on a phone screen is seen with a laptop in the background in this illustration photo taken in Krakow, Poland, August 10, 2022. Jakub Porzycki | Nurphoto | Getty Images Find out which companies are making headlines after hours. Break – Shares of social media company Snap fell 14% after the …
Stocks move a lot after hours: SNAP, EA, AMD, WDC Read More »