Tag: stock market

European equities traded lower on Friday as investors continue to harbor concerns over the ongoing uncertainty in the global banking sector. This drop in confidence has dissuaded investors from taking risks in the markets. Futures on the Euro Stoxx 50 declined by approximately 0.7%,...

U.S. stocks were higher at Thursday's close as investor confidence grew following an announcement from U.S. Treasury Secretary Janet Yellen assuring that measures will be taken to ensure that Americans' deposits are kept safe amid the ongoing banking crisis. Central banks across the globe have...

Things are not going well for the payments platform provider Block. The company, which was founded by ex-Twitter CEO Jack Dorsey, was accused of “fraud” in a recent report by short-seller Hindenburg Research and saw its shares tumble more than 17 percent at one...

U.S. futures edged higher on Thursday following bets that the Federal Reserve would cut interest rates in the near term. In contrast, European stocks slipped following persisting policy tightening moves in the region. Contracts on the S&P 500 were up 0.5% during the morning session,...

Crypto exchange Coinbase saw its stock plunge in after-hours trading on Wednesday after weeks of continued growth. The company’s shares have been close to 20 percent down compared to their close price of $77.14 due to a warning from Securities and Exchange Commission (SEC). In...

GameStop stock is having a solid week, but this isn’t the result of some Reddit thread or internet influence. Instead, the company shared its earnings results on Tuesday that showed the first quarterly profit in two years. The video game and electronics retailer had a...