Stock market News & Breaking Stories

AMC raises $250 million through equity offering as meme trade boosts GameStop, shares surge 78%. Analysts cautious on long-term outlook.

GameStop stock surges 118% in premarket trading, fueled by "Roaring Kitty" and meme stock rally. AMC also sees significant gains.

GameStop and AMC stocks surge, reigniting meme stock frenzy of 2021. Retail investors scramble to understand the resurgence. Approach with caution.

"Lagnam Spintex stock skyrockets after impressive Q4 results, recording over 225% rise in share price in one year."

Stocks showed strength with Nasdaq, Dow, and S&P 500 gains. Google and Microsoft boosted market after positive earnings. Snap and Skechers surged.

Truth Social's stock price soars over 45% in market debut, Trump's net worth skyrockets, but valuation raises questions. #TruthSocial #TrumpIPO

Tesla announces over 10% staff reduction following disappointing Q1 report. CEO Musk cites cost reductions and productivity increase in internal memo.

Asian markets fell as US stock indexes closed in the red ahead of key inflation data. Indian GDP data to be released.

Palo Alto Networks stock drops as latest earnings report outlook disappoints investors, with Q3 and 2024 estimates falling short.

"Last Epoch is an action RPG with smart mechanics for bartering gear and ranking up affiliation. But it lacks combat impact."

Investors shift focus to tech sector as big tech companies pressure stock market, Nasdaq Composite drops 1%, concerns over Nvidia's earnings.

Founder is creating first minority-run stock exchange in the US, aiming to level the wealth gap between Black and white Americans.

Stocks fall sharply on disappointing inflation data, raising fears of longer high interest rates. Nearly 90% of S&P 500 stocks fell.

Arm's stock gains more than 25% on strong earnings beat and bullish guidance, outperforming Wall Street expectations.

Nvidia stock surges as Goldman Sachs raises price target to $800 per share, expecting 20.9% growth over next 12 months.

"Portnoy's risky Tesla investments plummet as stock hits 8-month low. Elon Musk's vision and challenges contribute to the decline."

Wall Street is rising after a big rally as investors hope for several interest rate cuts coming next year.

Alphabet's stock surges with the release of its latest AI model, Gemini, easing concerns about its competitive position in the AI sector.

Bitcoin reached a 20-month high of $42,000, signaling fading regulatory scrutiny and potential for a bitcoin exchange fund on the stock market.

World equity markets end November with biggest monthly rally in three years. Optimism for 2024 challenged by declining liquidity and inflation.

Banks and post offices will be closed on Saturday for Veterans Day, while stock markets will operate normally. FedEx and UPS open.

Hedge funds are exiting their short positions at a rapid pace, signaling a potential market resurgence and a rebalancing of US dollar longs.

Apple beats expectations for Q4 earnings with $1.46 per share on sales of $89.5bn, but sales fall for fourth consecutive quarter.

Foreign investors in India have increased their stake in 95 smallcap stocks that have given high returns this fiscal year.

Meta (META) beats earnings expectations in Q3, with advertising revenue of $33.64 billion and a 31% increase in ad impressions. Shares rise 4% in after-hours trading.

The tech sector has made a remarkable comeback in 2023, driven by the AI industry surge and the performance of top tech companies like Nvidia, Meta Platforms, and Alphabet. Despite adverse external factors, the US stock market has shown resilience, indicating a promising signal for the Q4 stock market rally. Google's stock has reached a new 52-week high and faces resistance at $143.65.

Chelsea Clinton has reportedly earned $9 million since 2011 as a board member of an internet investment company. She also owns a $10 million luxury apartment in Manhattan.

Mongolia Growth Group's stock has risen by 14% in the past month. The company's ROE is lower than the industry average, but it has experienced significant net income growth. The company does not pay dividends and reinvests its profits into the business. There are positive factors to consider, but it is important to assess the risks.

Wall Street experienced a sharp decline as U.S. interest rates are expected to remain high, causing stocks to fall worldwide.

"Dumb Money" is a movie that tells the real story of a financial rebellion led by small investors against Wall Street. It focuses on the GameStop stock surge and the impact it had on hedge funds. The film aims to champion the little guy and shed light on the flaws of the financial system. The cast includes Paul Dano, Pete Davidson, America Ferrera, and Seth Rogen. The movie highlights the power of social media and the role it played in the stock market frenzy.

Instacart's IPO price of $30/share values the grocery delivery app at $10 billion, following Arm's successful return to the public markets.

British chipmaker Arm debuted on the public markets, with shares jumping 10% and climbing over 20% in the first 30 minutes of trading.

Cars and junk food drive the S&P 500 index up as Raytheon faces unexpected costs. Tesla and Hostess see significant gains.

Nigerian Exchange Limited (NGX) closed July 2023 with a 5.5% growth, the best return since 2017, outperforming other African exchanges.

Dollar falls as Fed raises rates, leaving room for more hikes.

June CPI rises by 0.2% and 3.0% over the last year, with shelter accounting for 70% of the increase; food prices also increase.

Inflation drops to lowest level in over two years, benefiting economy and stock market.