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When large companies reveal plans to break up into multiple businesses, Wall Street generally considers it a positive move. These splits typically help executives concentrate on the core business...
“Say say two thousand zero zero party over, oops, out of timeSo tonight I’m gonna party like it’s nineteen ninety-nine” -Prince 1999 Prince wrote the song “1999”...
Dollar rises despite Powell testimony Treasury yields flatten on Fed hawkishness Oil recovers Key EventsUS equity futures on the Dow, S&P, NASDAQ and Russell 2000 rallied ahead of the New...
Investors in ride-hailing heavyweight Uber Technologies (NYSE:UBER) have not had a good 2021. UBER stock, which trades around $38, is down 25% year-to-date. Shares saw a 52-week low on Nov. 20. The...
Investors were optimistic when November trading opened. October had just produced the best monthly returns in a year.Interest rates were still low, even if the Federal Reserve was starting to warn...
2021 has been a blockbuster year for initial public offerings, with some comparing the latest frenzy to the IPO boom of 1999.While high profile names like Robinhood Markets (NASDAQ:HOOD), and Coinbase...
To most gold bulls, what Jerome Powell suggested would be the last thing they’d have expected from the Fed chair: A faster taper of the pandemic-era stimulus that the central bank has...
Though US futures contracts were all down ahead of Tuesday's Wall Street session, equity futures for the NASDAQ 100 'outperformed.' This morning's global market equity selloff is being fueled once...