Dow Jones closed higher for 7th day in a row
Key points: All three major US stock market indices closed in the green. The growth was driven by encouraging data on weekly jobless c…
Stock market and company news
Earnings, dividends, corporate deals and market-moving events selected by ParadNEWS to help investors understand what is driving stock prices.
Uber shares fell 9% after earnings
Key points: Taxi and delivery service Uber reported a net loss of $654 million. However, revenue rose 15% to $10.13 billion (slightly …
Walt Disney shares fell 9.5%
Key points: The S&P 500 and Dow Jones rose, the Nasdaq fell. Disney fell 9.5% as its traditional television business and box offic…
Apple announces $110 billion share buyback
Key points: Apple exceeded modest investor expectations by announcing a record $110 billion share buyback program. The company raised …
Consumer confidence falls – stocks decline
Key points: Shares of most of the Magnificent Seven companies (Tesla, Alphabet, Nvidia, Microsoft, Amazon) closed in the red. Rising l…
Wall Street stocks rise ahead of Fed meeting
Key points: US markets rose on Monday ahead of this week’s Federal Reserve meeting. The growth leaders were Tesla (15.3%) and Ap…
US tech stocks rise after reports
Key points: Strong quarterly reports from Alphabet and Microsoft were the main driving force of the market. Alphabet shares soared 10%…
Microsoft benefits from AI investments
Key points: Microsoft beat analysts’ expectations for revenue and profit. Revenue rose 17%, earnings per share were $2.94. Micro…