S&P 500 rises on Friday to close out winning week near a record high
U.S. stocks climbed on Friday as the key May jobs report showed solid gains, boosting confidence in the economic comeback. The S&P 500 rose about 0.9% to 4,229.89, sitting less …
Financial News
Biden prohibits U.S. investment in 59 Chinese companies allegedly tied to military, surveillance
US President Joe Biden speaks during a commemoration of the 100th anniversary of the Tulsa Race Massacre at the Greenwood Cultural Center in Tulsa, Oklahoma, on June 1, 2021. Mandel …
AMC trading frenzy doubles stock price as movie chain further embraces its retail investors
AMC Entertainment rode the wave of “meme stock” trading on Wednesday, reaching record highs. The stock closed at an all-time high of $62.55 per share, nearly double Tuesday’s closing price. …
Zoom reports blowout earnings but warns of a coming slowdown
Zoom reported better-than-expected first-quarter results Tuesday, with sales growth of 191%. The shares rose 4% in extended trading after initially falling as much as 5% as the company showed signs …
Israel’s Netanyahu may have some cards ‘up his sleeve’ as opponents close in to unseat him
VIDEO 3:11 03:11 Israel’s Netanyahu may still have cards up his sleeve: Middle East Institute Capital Connection In the past 24 hours, Israel has inched closer to what could be …
AMC short sellers dealt massive $1.2 billion blow after weeklong stock rally
Street performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020. Amir Hamja | …
WHO says Covid origin investigation is being ‘poisoned by politics’
A top World Health Organization official said Friday that investigations into the origins of Covid-19 are being “poisoned by politics.” U.S. President Joe Biden announced Wednesday that he’s ordered intelligence …
Massive bitcoin mine discovered in UK after police raid suspected cannabis farm
Bitcoin mine uncovered during Black Country industrial unit raid that was stealing thousands of pounds worth of electricity from the mains supply. Source: West Midlands Police LONDON — An illegal …
AMC Entertainment shares shoot up 35% as Reddit traders double down
AMC has overtaken GameStop to become the most-loved stock in the infamous WallStreetBets Reddit forum, according to Bank of America’s analysis of stock mentions on the platform. With its massive …
Biden orders closer review of Covid origins as U.S. intel weighs Wuhan lab leak theory
Security personnel stand guard outside the Wuhan Institute of Virology in Wuhan as members of the World Health Organization (WHO) team investigating the origins of the COVID-19 coronavirus make a …