Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters This is a live blog. Please check back for updates. 8:32 am: Chipmaker stock ETFs fall sharply The VanEck Vectors Semiconductor ETF (SMH) and the iShares PHLX Semiconductor ETF (SOXX) were both down more than 3% in the premarket, putting […]
Tag: Wall Street
Economy a bit softer, Berkshire business hit by coronavirus
Billionaire Warren Buffett said Monday that while the U.S. economy still looks healthy, it isn’t as robust as it was even half a year ago thanks to headwinds like the Trump administration’s trade war and the burgeoning coronavirus. “It’s strong, but a little softer than it was six months ago, but that’s over a broad […]
This fund is a play for the millennial home renter, and some of its holdings are up big this year
A contractor prepares a sliding door for a home under construction at the Toll Brothers Inc. Enclave at Rye Brook housing development in Rye Brook, New York Michael Nagle | Bloomberg | Getty Images Owning a home has long been the individual investor’s opportunity to hold real estate. But the American millennial population is waiting […]
Dow futures dip 60 points
Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Exchange. Drew Angerer | Getty Images This is a live blog. Check back for updates. 8:19 am: JPMorgan strategist calls for a market setback, says ‘short-term systematic sell signals’ triggered The U.S. stock market could be subjected […]
ViacomCBS, E-Trade, Zillow, IMAX & more
Take a look at some of the biggest movers in the premarket: ViacomCBS (VIAC) – In its first earnings report since the merger of Viacom and CBS was completed in December, the company reported quarterly earnings of 97 cents per share, below the consensus estimate of $1.44 a share. Revenue was also below Wall Street […]
Dish Network, Garmin, Tesla, Uber & more
Take a look at some of the biggest movers in the premarket: Dish Network (DISH) – The satellite TV provider beat estimates by 10 cents a share, with quarterly earnings of 69 cents per share. Revenue also beat forecasts. Pay-TV subscribership declined, but at a slower pace. Garmin (GRMN) – The maker of GPS and […]
Mike Bloomberg’s proposed Wall Street transaction tax explained
Presidential candidate Mike Bloomberg speaks at a campaign event at the Dollarhide Community Center in Compton on Monday, Feb. 3, 2020. Scott Varley | Torrance Daily Breeze via Getty Images Presidential hopeful Michael Bloomberg on Tuesday announced sweeping reforms to the way Wall Street does business. Among his proposals is a 0.1% tax on all […]
Amazon’s Jeff Bezos pledges $10 billion to launch Earth Fund for combating climate change
Amazon founder and CEO Jeff Bezos speaks at the new Amazon Spheres opening event at Amazon’s Seattle headquarters in Seattle, Washington, U.S., January 29, 2018. Lindsey Wasson | Reuters Amazon founder and CEO Jeff Bezos on Monday announced the launch of a new Earth Fund that the e-commerce chief plans to use to combat the […]
Trump administration may stop exporting GE’s engines to China: WSJ
A logo is displayed next to a gas turbine at the General Electric Co. (GE) energy plant in Greenville, South Carolina, U.S., on Tuesday, Jan. 10, 2017. General Electric Co. is scheduled to release earnings figures on January 20. Sharrett / Bloomberg / Getty Images The Trump administration may stop exporting jet engines manufactured partly […]
Bloomberg is considering Hillary Clinton as his running mate, says Matt Drudge
Hillary Clinton speaks onstage at ‘Hillary Clinton and Chelsea Clinton discuss their new book ‘The Book of Gutsy Women’ at The Wilshire Ebell Theatre on November 05, 2019 in Los Angeles, Emma McIntyre | Getty Images Presidential candidate Mike Bloomberg is considering Hillary Clinton as a vice presidential running mate after positive internal polling about […]
