After-Hour Trading: Stocks Making Significant Moves After the bell on Tuesday, several stocks saw significant movement in after-hour trading. Some of the notable movers include: – Zoom Video Communications (ZM): The video conferencing company’s stock saw a 5% increase in after-hour trading following its earnings report. – Hewlett Packard Enterprise (HPE): HPE’s stock saw a…
Eli Lilly’s stock saw a significant increase on Wednesday after the U.S. government approved the company’s GLP-1 drug for obesity treatment. The FDA’s decision was no surprise, and now Eli Lilly is gearing up to market the drug as Zepbound. The stock price soared by almost 2% in response to the news, reaching $611.36 per…
HSBC, Europe’s largest bank by total assets, has announced that it will be offering custody services for tokenized securities, becoming the latest major institution to embrace digital assets. The British bank is using technology from Swiss crypto custody firm Metaco, which was recently acquired by blockchain startup Ripple, to store bonds and other securities. According…
China’s truck industry is rapidly shifting towards purchasing vehicles with assisted-driving technology. This shift is crucial for the industry’s monetization in a business that has attracted vast investment but shown limited results so far. The market has seen a major transformation from being dominated by individual drivers to fleet operators holding the majority share. Currently,…
U.S. futures flat after record runs for S&P 500 and Nasdaq Stock futures did not move significantly on Tuesday night, following a day during which the S&P 500 and Nasdaq Composite marked their longest winning streaks in approximately two years. Futures connected to the S&P 500 and Nasdaq 100 wavered near the flat line, while…
Stocks React After Hours: Robinhood, Toast, eBay, Akamai Technologies, DaVita, Devon Energy, Occidental Petroleum, Sempra, Extra Space Storage After the bell, several companies made headlines with their stock performance. Here’s a rundown of the notable movers: – Robinhood: The trading platform app saw its shares slide by more than 8% after posting third-quarter revenue of…
Apple (AAPL) stock is on the brink of a surge in value, driven by the long-term growth potential in China and the positive impact of the upcoming release of its mixed-reality headset. According to Bank of America, Apple’s business in China has shown “promising” revenue figures, fueling optimism about future growth. Additionally, the highly anticipated…
CNBC Investing Club with Jim Cramer Holds Morning Meeting Livestream The CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream every weekday at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. U.S. stocks edged up in midmorning trading Tuesday, with the S & P 500 gaining 0.36% and the Nasdaq…
The Federal Reserve has announced plans to spend $931.4 million in 2023 on printing bills, but experts are raising concerns about the future of U.S. cash. According to Aaron Klein, a senior fellow at the Brookings Institute, the failure to modernize or update U.S. currency is a mistake, and he advocates for the use of…
French prosecutors have launched a preliminary investigation into multinational pharmaceutical company Sanofi over potential market manipulation. The Parquet National Financier, the French financial prosecutor, opened the probe in March 2023, focusing on allegations of “dissemination of false or misleading information and price manipulation” related to Sanofi’s past financial communications. Sanofi has responded by stating that…
