In this article XTANX-O NOVA SEDG ENPH choja | E+ | Getty Images Solar stocks declined on Tuesday, building on recent weakness, as companies warn about the impact of supply chain bottlenecks and parts shortages. The Invesco Solar ETF, which tracks the space, slid 7%, bringing its one-month decline to 15%. SolarEdge was the biggest
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Traders on the NYSE, May 3, 2021. Source: NYSE It’s not just about earnings anymore: Dividends and huge inflows are helping stocks power forward. April trading data is in, and it shows two surprises: an increase in dividends, and huge inflows into equities that are even stronger than the first three months of the year.
Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE Stock futures held steady in overnight trading on Monday after a strong start to May as investors piled into shares that would benefit the most from an economic reopening. Futures on the Dow Jones Industrial Average were little changed.
Pavlo Gonchar | LightRocket | Getty Images Robinhood raked in a record amount of revenue from customer trades in the first quarter of 2021, as the retail trading juggernaut nears its public debut. The millennial-favored stock-trading app collected $331 million in payment for order flow – the money brokerage firms receive for directing clients’ trades
Take a look at some of the biggest movers in the premarket: Estee Lauder (EL) – The cosmetics maker reported quarterly earnings of $1.62 per share, 30 cents a share above estimates. Revenue came in slightly below forecasts, however, as sales of Estee Lauder’s higher-end products were impacted by people continuing to work from home.
Traders on the New York Stock Exchange Source: NYSE U.S. stock futures moved higher in overnight trading on Sunday as investors readied for the first trading day of May. Dow futures rose 75 points. S&P 500 futures gained 0.27% and Nasdaq 100 futures rose 0.22%. Monday marks the first trading day of May. Despite Friday’s
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
Warren Buffett Gerard Miller | CNBC Legendary investor Warren Buffett believes millennial-favored stock trading app Robinhood is contributing to the speculative, casino-like trading activity in the stock market and benefitting from it. Robinhood has “become a very significant part of the casino aspect, the casino group, that has joined into the stock market in the
In this article BRK.A Warren Buffett. Gerald Miller | CNBC Berkshire Hathaway‘s operating earnings rebounded as the conglomerate’s businesses recovered from the pandemic hit. Chairman Warren Buffett kept buying back Berkshire shares aggressively in the first quarter, but at a slightly slower pace. Berkshire reported operating income of $7.018 billion in the first quarter, up
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
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
In this article DARK-GB A Darktrace cybersecurity software demonstration shows how a global problem can start with just one employee’s work station. Michael S. Williamson | The Washington Post | Getty Images LONDON — British cybersecurity start-up Darktrace saw its shares surge as much as 43% in its highly-anticipated London debut Friday. The company priced
In this article @ND.1 @DJ.1 @SP.1 FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Futures contracts tied to the major U.S. stock indexes dipped at the start of the overnight session Thursday evening as investors pored over a flurry of earnings results and a robust profit beat from e-commerce giant Amazon. Contracts tied
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.
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
U.S. stock index futures were mixed in overnight trading on Wednesday, after the major averages posted losses for the day. Futures contracts tied to the Dow Jones Industrial Average shed 3 points. S&P 500 futures advanced 0.2%, while Nasdaq 100 futures gained 0.5%. Apple and Facebook’s strong quarterly results boosted futures. Apple said that sales
In this article ALY-AU Alchemy co-founders Nikil Viswanathan (left) and Joe Lau. Source: Alchemy Alchemy, a start-up subtly powering the recent NFT boom, is raising another round of capital as it tries to keep up with the fast-growing industry. The San Francisco-based company announced an $80 million series B funding round on Wednesday, led by
A general meeting of Deutsche Bank Arne Dedert | picture alliance | Getty Images LONDON — Deutsche Bank on Wednesday reported a 908 million euro ($1.1 billion) profit for the first quarter, buoyed by continued strong performance in its investment banking division. The bank vastly exceeded analyst expectations for net income of 642.95 million euros,
The Xpeng P7 electric vehicle displayed outside the New York Stock Exchange on Aug. 27, 2020 when the Chinese electric vehicle launched its initial public listing. Jeenah Moon | Bloomberg | Getty Images BEIJING — Chinese companies are rushing to go public in the red-hot IPO market in the U.S. — before it loses steam.