Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares plunged 12.4% in premarket trading after it warned of rising expenses and a possible slowdown in user growth. Twitter beat estimates for its latest quarter by 2 cents a share, with earnings of 16 cents per share. Revenue
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Chris Ratcliffe | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Amazon — The e-commerce giant saw its shares gain 1% in midday trading after it reported a record first-quarter profit. The Seattle-based firm said profits more than tripled to $8.1 billion and January-to-March sales soared 44% to $108 billion. The results
zhongguo Sustainability-focused funds attracted record inflows during the first quarter, pushing global assets under management in ESG funds to nearly $2 trillion, according to a report from Morningstar released Friday. The rise underscores the momentum behind ESG investing, or when environmental, social and governance factors are considered. Assets in these types of funds first topped
Avishek Das | LightRocket | Getty Images Robinhood, the free-trading app that helped drive a surge in retail investing during the pandemic, has switched to using JPMorgan Chase to handle crucial money transfers into customers’ accounts. The start-up emailed customers this week to say that it is now using JPMorgan, the biggest U.S. bank by
Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC BEIJING — Chinese electric car start-up Nio said Friday it expects a global chip shortage will drag down vehicle deliveries in the second quarter. A fire in March at a Japanese chip factory owned by Renesas has exacerbated an
Facebook’s logo displayed on a phone screen and keyboard. Jakub Porzycki | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Ford — Shares of the automaker fell more than 9% on Thursday after Ford said it expected to lose half of its second-quarter production due to the global semiconductor shortage.
In this article BTC.CM= ETH.CM= Jack Taylor | Getty Images LONDON — Ether hit an all-time high Thursday as bitcoin’s dominance of the cryptocurrency market declined. The world’s second-largest digital currency by market value surged to a fresh record of $2,774 Thursday morning, according to data from Coin Metrics. Bitcoin, the top digital coin, was
A coal fired power plant in Jiayuguan, Gansu province, China, on Thursday, April 1, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — China has ambitious goals for cutting its carbon emissions, but it won’t be abandoning coal power anytime soon as it keeps its eye firmly on economic targets. President Xi Jinping said
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policy-making meeting on March 17. Text removed from the March statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both
Take a look at some of the biggest movers in the premarket: Alphabet (GOOGL) – Alphabet reported record profit for the second consecutive quarter, earnings of $26.29 per share compared to a consensus estimate of $15.82 a share. Revenue beat forecasts, and the Google parent also announced a $50 billion share buyback. Shares jumped 5.1%