disruptions
- Market
Drive-through drinks company Dutch Bros.’ shares jump 60% in their trading debut
Shares of Dutch Bros., a Grants Pass, Ore.-based purveyor of coffee and other hot and cold drinks, soared 60% soon…
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30 stocks that shined in the pandemic are still poised for huge growth through 2024
“Sell on the good news.” How many times have you heard that term used? It happens frequently when a company…
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Robinhood shares fall on SEC’s warning of possible restrictions on payment for order flow
Shares of Robinhood Markets tumbled on 30 August after the head of the Securities and Exchange Commission signalled that he was…
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Zoom Video logs first billion-dollar quarter, but the stock is still falling
Zoom Video Communications Inc. reported its first billion-dollar quarter Monday, but the videoconferencing company’s outlook sent shares plunging more than…
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Deutsche Bank’s DWS Group sees shares slump amid SEC probe on ESG claims
The share price of Deutsche Bank’s asset management arm, DWS Group, sank by more than 10% when markets opened following…
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Salesforce results blow past Street view, outlook raised once more, and shares rise
Salesforce.com Inc. shares rose Wednesday after the cloud-based customer-relationship management company easily sailed past Wall Street estimates and once more…
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EToro posts $89m loss as user numbers taper on fading GameStop, crypto hype
Fading frenzied demand for meme stocks and cryptocurrencies in the second quarter led user growth rates to decline sharply at…
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Tesla’s humanoid robot gets muted welcome from Wall Street
Tesla Inc. shares were holding on to small gains a day after the company held its much-anticipated AI Day, which…
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Macy’s Stock Had Its Best Day Since 2020. Its Earnings Were That Good.
A view of the Macy’s flagship store Drew Angerer/Getty Images Macy’s stock soared Thursday after the department store operator crushed…
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Cisco Stock Hits Highest Levels Since Dot-Com Era as Street Shrugs Off Margin Worries
The rally comes as enterprise customers boost network infrastructure spending. Hcazenave/Dreamstime.com Reversing a modest after-hours decline, Cisco Systems shares are…
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Target earnings and revenue beat expectations, announces $15 billion share buyback program
Target Corp. added to the evidence of a retail slowdown after COVID-19 highs, reporting the second-quarter rate of sales growth…
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BHP shares down following investor criticism of plan to ditch primary London listing
Shares in BHP fell overnight in Australia and opened down in the UK after criticism by investors of the mining…
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These stocks provide a better way to invest in the electric-vehicle revolution than the car makers themselves
The growth path for the electric vehicle industry seems inevitable. Governments are using incentives to encourage consumers to make the…
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With a minority stake and a sharp tongue Ryan Cohen became GameStop’s chair
It took just a few months for a 36-year-old entrepreneur to take over America’s most talked-about company — and make…
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Virgin Galactic stock rallies as Wall Street hails space-tourism seat sales as a ‘milestone’
Virgin Galactic Holdings Inc. stock jumped more than 7% on Friday as Wall Street looked past a wider-than-expected quarterly loss…
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Victoria’s Secret soars in its first days as a stand-alone company, with shares up 29%
Victoria’s Secret & Co. may no longer have angels representing its brand, but that didn’t stop the company, now separated…
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AMD stock scores sixth straight record high as more data shows gains against Intel
Advanced Micro Devices Inc. shares closed at a sixth consecutive record high on Wednesday following continued indications that the chip…
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Robinhood suffers stock price dip after hyped IPO
Robinhood, the trading app synonymous with hot stocks, got a cold reception from investors in its own stock-market debut. The investing…
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Facebook blows past estimates, but warns growth will ‘decelerate’ in second half of year
Facebook Inc. is the latest tech giant to cash in on a surge in digital advertising, but worrisome guidance in…
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Microsoft tops $60 billion in annual earnings for the first time to cap record-breaking year
Microsoft Corp. finished yet another record-breaking year with more than $60 billion in profit and $165 billion in sales, showing…
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Snap stock rockets after huge earnings beat, as revenue more than doubles
Snap Inc. saw revenue more than double in the latest quarter, easily topping expectations amid a continued rebound in the…
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Intel says chip shortage could drag into 2023 as outlook barely clears Street view
Intel Corp. shares weakened in the extended session Thursday after the chip maker’s outlook barely surpassed the Wall Street consensus…
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Intel stock declines as outlook barely clears Wall Street expectations following beat
Intel Corp. shares weakened in the extended session Thursday after the chip maker topped expectations, but its outlook barely surpassed…
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JPMorgan boss Jamie Dimon pockets fresh retention bonus
JPMorgan Chase’s board gave Jamie Dimon new stock options as a retention bonus, signaling that the largest US bank wants…
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IBM stock gains after earnings show second consecutive quarter of sales growth
International Business Machines Corp. reported revenue growth for a second consecutive quarter Monday afternoon, beating expectations and sending shares higher…
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22 stocks, including Carnival and Zoom, that are down 30% or more from 52-week highs
(The initial version of this article featured an incorrect list. This has now been corrected.) You would think that with…
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New ETFs dabble in meme stocks
Some brand new exchange-traded funds are dabbling in meme stocks, chasing returns in a bid to pull in assets. Shares…
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Revolut to cash in on meme stock hype with robo adviser and trader tracking
Revolut is developing an in-house robo advisory platform and trialling a tool that allows users to track the top performing…
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Credit Suisse could seek UBS merger on the back of Archegos, Greensill scandals
Credit Suisse executives are looking for ways to overhaul the bank and a merger with Swiss rival UBS may be…
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GameStop, AMC: Have the meme stocks had their day?
AMC Entertainment Holdings and GameStop swung wildly on 15 July, extending a bout of volatility that has delivered deep cuts…
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A benchmark-beating robot thinks AMC will outperform Facebook and GameStop. It likes these other stocks, too.
An exchange-traded fund run by artificial intelligence bought AMC stock at the beginning of July, preferring shares in the cinema…
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These 8 low-profile electric-vehicle stocks can soar after bold new climate plan unveiled, analysts say
The European Union has unveiled one of the world’s most ambitious plans to tackle climate change in a program that…
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Apple, Microsoft and Google stocks close at record highs
For the third time this year, shares of Apple Inc., Google parent Alphabet Inc., and Microsoft Corp. closed at record…
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Behind the deal: How Wise’s listing took UK markets by storm
It’s been almost a week since the launch of Wise’s shares on the London Stock Exchange, and the payments company is…
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Bank of England lifts bank dividend ban
The Bank of England has lifted its emergency restrictions on UK-based banks paying dividends, arguing that the sector “remains well capitalised…
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Robinhood IPO to get cold shoulder from Reddit’s meme-stock army
Armchair retail traders are divided ahead of the upcoming flotation for stock investing app Robinhood, as users who once piled…
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A Tesla ‘death cross’ is coming, the first in more than 2 years
Barring a massive rally, Tesla Inc.’s stock chart will produce the first bearish “death cross” pattern in more than two…
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Apple stock on track for first record close since January
Shares of Apple Inc. are on track to post their first record close since January as the shares head for…
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U.S. stock futures mostly lower after rout triggered by inflation fears
U.S. stock-index futures pointed to a mixed start for U.S. equities Thursday, a day after hot inflation data sent the…
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