The major US stock indexes finished higher at a premature close on Thursday prior to the Christmas weekend. While the S&P finished the week slightly lower, The Dow Jones managed a slight gain while Nasdaq made a significant stride.
Many investors had high hopes due to the possibility of a...
The California-based electric vehicle manufacturer Fisker (FSR) enjoyed a rise in its stock during its debut on the New York Stock Exchange this Friday.
This came after the American electric vehicle company entered into a $2.9 billion merger with Spartan Energy. Funded by private equity firm Apollo Global Management (APO),...
With concerns over inflation shrouding a generally strong round of corporate earnings results, stock futures were mixed when opening on Wednesday morning. Contracts on the S&P 500 remain up by 1.8% for the year despite ending Wednesday's session lower.
Inflation worries, along with a decline in new-home construction last month,...
With growing concerns over the coronavirus pandemic, the upcoming US presidential elections, and declining oil prices, the majority of Middle Eastern equities are continuing to experience a persistent decline.
While the Tel Aviv Stock Exchange enjoyed a slight rise, the rest of the region’s stock markets remain in a slump....
After 33 years of operational difficulties, American vaccine development company Novavax has finally received approval for its COVID-19 vaccine shot. According to testing results, the Novavax vaccine has efficacy rates that are of a similar level to the vaccines developed by Pfizer and BioNTech as well as Moderna.
As the...
Software startup Sprinklr is looking to target a $5 billion valuation through its Initial Public Offering (IPO) on the New York Stock Exchange, the company revealed on Monday. The company is determined to raise up to $380 million in its efforts.
With high-profile customers including the likes of Microsoft Corp...
Stocks of electric vehicle company Tesla (TSLA) enjoyed a stark 10% rise during after-hours trading on Monday, leading to the company’s inclusion in the S&P 500 index.
According to an announcement by the S&P Dow Jones Indices, Tesla will join the S&P 500 on Monday evening before the stock market...
Investment management company Blackstone Group Inc. has agreed to the purchase of a life insurance business from Allstate Corp. for a sum of $2.8 billion. This deal is part of Blackstone's plan to expand its market share in the insurance industry.
This deal comes as Allstate continues pursuing its goal...
This year has been rough for Starbucks stock (NASDAQ: SBUX) so far. Its year-to-date value still remains down more than 25 percent despite recent signs of life. However, that doesn't mean you should avoid it.
Many experts believe Starbucks stock is currently undervalued and it represents a great deal at...
Automotive technology firm Veoneer confirmed in a statement on Thursday that it had reached a collaboration deal with wireless technology giant Qualcomm. This agreement has been in the works since the companies entered into discussions in August of 2020.
Veoneer CEO Jan Carlson expressed his satisfaction over the new deal,...