Disney reported second quarter results Thursday, posting lower-than-expected revenue and subscriber counts for its streaming service. The company’s stock dipped around 3.5% in after-hours trading. Earnings per share: 79 cents …
Read moreDisney misses on subscriber expectations, parks revenue still hurt by Covid restrictions
Investors have been fearful of a pick-up in inflation as it could squeeze margins and erode corporate profits. If price pressures run too hot for a sustained period of time, the …
Earlier in the volatile session, higher-priced technology shares led the market losses and the selling spilled over to everything from bank stocks to energy and industrials. Then many tech shares …
World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus attends a press conference organised by the Geneva Association of United Nations Correspondents (ACANU) amid the COVID-19 outbreak, caused by the novel …
Read moreWHO classifies triple-mutant Covid variant from India as global health risk
As Elon Musk – the self-proclaimed “Dogefather” – made his “Saturday Night Live” debut, the price of dogecoin fell off a cliff. The meme-inspired cryptocurrency fell as much as 29.5%, …
Read moreDogecoin plunges nearly 30% during Elon Musk’s SNL appearance
Signage is displayed on a fence at the Colonial Pipeline Co. Pelham junction and tank farm in Pelham, Alabama, U.S., on Monday, Sept. 19, 2016. Luke Sharrett | Bloomberg | …
Read moreRansomware attack forces shutdown of largest fuel pipeline in the U.S.
The World Health Organization said Friday it has approved for emergency use a coronavirus vaccine developed by Chinese state-owned pharmaceutical group Sinopharm. Beijing’s Covid vaccine is recommended for adults 18 …
Read moreWHO approves Covid vaccine made by China’s Sinopharm for emergency use
However, the report notes that there’s danger lurking should market sentiment change. “High asset prices in part reflect the continued low level of Treasury yields. However, valuations for some assets …
Read moreFed warns about potential for ‘significant declines’ in asset prices as valuations climb
U.S. stocks rebounded on Wednesday as strong earnings results and economic optimism pushed the Dow Jones Industrial Average to a record high. The blue-chip Dow gained 97.31 points, or 0.3%, …
Read moreDow rises nearly 100 points to close at a record amid solid earnings
The S&P 500 fell on Tuesday amid selling in Big Tech and other high-growth stocks, erasing the benchmark’s strong start to the month. The broad market index closed the session …
Read moreS&P 500 ends day 0.7% lower, Nasdaq sheds nearly 2% for worst day since March