The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the Yiwu Wholesale Market in Yiwu, Zhejiang province, China, May 10, 2019. Aly Song | Reuters BEIJING — China’s Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen spoke Wednesday for the first time since President Joe
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In this article ZM One of the ultimate stay-at-home plays is reporting quarterly results after the market close. Investors will get a read on Zoom Video as the economy stages a massive reopening and people restart their work commutes. Two traders expect the information tech company to stay relevant. However, that doesn’t mean it’s time
Take a look at some of the biggest movers in the premarket: AMC Entertainment (AMC) – AMC is selling 8.5 million shares to investment firm Mudrick Capital for $230.5 million, following the recent surge in the movie theater operator’s stock price. AMC plans to use the proceeds to pursue the acquisition of theater assets and
In this article ETH= BTC.BS=-USS TIGR FUTU In this photo illustration a Bitcoin logo seen displayed on a smartphone with stock market percentages in the background. Omar Marques | SOPA Images | LightRocket | Getty Images BEIJING — Two of China’s rivals to stock trading app Robinhood are looking to cryptocurrencies as a way to
A worker is seen in the workshop of a factory manufacturing medical devices in Lianyungang, Jiangsu province, China. Reuters BEIJING — Chinese businesses are letting go of more workers than they are hiring, even though the economy is seeing some recovery from the pandemic, official data showed Monday. That’s based on a survey from the
Ruins of the Greenwood District after the massacre of African Americans in Tulsa, Oklahoma, in June 1921. American National Red Cross photograph collection. GHI | Universal Images Group | Getty Images A century ago this week, the wealthiest U.S. Black community was burned to the ground. At the turn of the 20th century, the Greenwood
In this article HPQ DELL ULTA CRM Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Salesforce — Salesforce shares jumped 5% in extended trading after the cloud-based software company posted
In this article GS BAC JPM U.S. banks are likely to report “record level” earnings in 2021 as the American economy recovers and financial markets remain buoyant, according to the Institute of International Finance, an industry association. Tim Adams, chief executive of the IIF, said Friday that the improving economy will help bank lending and
Workers load packages into delivery carts at a JD.com distribution center in Beijing on July 16, 2020. GREG BAKER | AFP | Getty Images BEIJING — In less than a year, Chinese e-commerce giant JD.com has raised more than $10 billion through public offerings in Hong Kong and New York. The listings involved JD’s subsidiaries
Sharebite CEO and cofounder Dilip Rao and co-founder Mohsin Memon Source: Sharebite There’s no such thing as a free lunch – except when big companies want to get their employees back to the office during a pandemic. Employers including banks and asset managers, technology companies and law firms are ramping up back-to-work plans as more
An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. Carlo Allegri | Reuters Shares of AMC Entertainment jumped double digits in premarket trading on Friday as Reddit traders kept piling into the speculative name this week. The stock popped
Check out the companies making headlines in midday trading. AMC Entertainment — Shares of AMC Entertainment are in a middle of a roller-coaster session Friday as they turned 5% lower after rallying as much as 38%. By midday, over 360 million shares have already been traded, more than tripling its 30-day average. Shares have already
Take a look at some of the biggest movers in the premarket: AMC Entertainment (AMC) – The movie theater operator’s shares jumped another 15.4% in premarket trading, following four straight days of gains and a nearly 36% surge in Thursday’s session alone. AMC – popular among the so-called “meme” stocks – has more than doubled
Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE Stock futures rose in overnight trading Thursday, as optimism over economic recovery grows amid strong labor market data. Futures on the Dow Jones Industrial Average gained 120 points, or 0.35%. S&P 500 futures ticked 0.27% higher. Nasdaq-100 futures rose
The AMC Empire 25 off Times Square is open as New York City’s cinemas reopen for the first time in a year following the coronavirus shutdown, on March 5, 2021. Angela Weiss | AFP | Getty Images Shares of AMC Entertainment soared another 40% on Thursday as speculative trading activity skyrocketed in the movie theater
The Federal Reserve seems to be having an identity crisis. Not that long ago, the U.S. central bank was seen solely as a watchdog of the nation’s financial system as well as the entity charged with using its various policy levers to control inflation and keep unemployment low. Nowadays, well, things have changed. In recent
Traders working at the New York Stock Exchange (NYSE), on May 19, 2021. NYSE Stock futures held steady in overnight trading on Wednesday as investors await new labor-market data to gauge the pace of the economic recovery. Futures on the Dow Jones Industrial Average rose just 20 points. S&P 500 futures and Nasdaq 100 futures
Oscar Wong | Moment | Getty Images Nearly two dozen states are ending federal unemployment benefits early, meaning millions of people will soon see their aid reduced or eliminated. But families can expect a cash infusion from a different source — the child tax credit — roughly around the same time their jobless benefits dry
In this article ZS A URBN JWN A pedestrian and cyclist wear facemasks outside a branch of department store chain Nordstrom in Santa Monica, California on May 11, 2020. Frederic J. Brown | AFP | Getty Images Check out the companies making headlines after the bell: Nordstrom — The retail stock dropped roughly 7% in
The New York Stock Exchange welcomes Lightning eMotors (NYSE: ZEV), on May 24, 2021, in celebration of its transition to a public company. NYSE Stock futures ticked marginally higher in overnight trading after the market rally stalled Tuesday, with major indexes ending the regular session slightly lower. Futures on the Dow Jones Industrial Average rose