Written by Medha Singh (Reuters) – Shares of Vietnamese electric car maker VinFast fell for the second straight session on Thursday, giving up some gains from a surprise rally in a Wall Street debut that saw it outperform the market valuations of Ford and General Motors. VinFast shares are down 20%, weighing on the Nasdaq…
US stocks fell on Thursday as Wall Street looked to rebound from two consecutive losing sessions, while the 10-year Treasury yield rose to stay near recent highs. The Dow Jones Industrial Average (^DJI) fell slightly below the flat line, while the S&P 500 (^GSPC) fell 0.1%. The high-tech Nasdaq Composite (^IXIC) fell 0.4% after losing…
font size Last month, SoFi reported strong deposit numbers for the second quarter and beefed up its financial guidance. Justin Sullivan/Getty Images Investors are constantly becoming more interested SoFi Technologies Citi analysts said they raised their price target for the fintech stock. Citi analysts maintain their Buy rating SoFi (Stock ticker: SOFI) and cut its…
Ask an Advisor: I’m 61 and have $900K in my 401(k) account and $800K “sitting in a money market account”. How do I invest? I have $800,000 in a money market account because I don’t know what to do with it. I was hoping I could put it into something that could generate 4-5% growth….
San Mateo, California Roblox (RBLX) is a popular video game platformer that is a play on the emerging metaverse, a next-generation version of the internet. Is Roblox stock a buy in light of the current stock market rally? X Early Thursday, Roblox shares fell more than 4%, with about 28 shares changing hands, after Citigroup…
font size Walmart has gained market share in the grocery segment in the past year. Scott Olson/Getty Images Walmart Exceeding earnings expectations and raising fiscal year guidance. The stock rose slightly in pre-market trading. Wal-Mart Inc. (Stock ticker: WMT) reported adjusted earnings of $1.84 per share on revenue of $161.6 billion, an increase of 5.7%….
Warren Buffett famously made his biggest bet: a huge stake in… apple (AAPL). But its financial position, the second largest sector, is beginning to bear fruit. And ETFs are a vehicle you can join. X Financial stocks, eg American bank (Buck) And American Express (AXP), representing more than 21% of Buffett’s public holdings Berkshire Hathaway…
font size Networking giant Cisco Systems reported fourth-quarter earnings and sales that beat analyst estimates. Gabriel Boyes/AFP via Getty Images Stock futures traded with slight gains on Thursday after Wall Street closed lower following the release of minutes from the Federal Reserve’s July meeting which indicated that officials think they may have to continue raising…
(Bloomberg) — Shares of Adyen NV fell after increased competition in North America contributed to the slowest revenue growth since its initial public offering. Most Read from Bloomberg Shares fell the most on record, dropping 23% to €1,140.80 at 10:29 am in Amsterdam. The Amsterdam-based financial technology company said Thursday that revenue growth in the…
Trying to navigate the ups and downs of the stock market and predict the future direction can seem like a complex and daunting task. However, as with almost anything, simplicity is often key. One of the most straightforward strategies is to pay attention to it Insiders movements. After all, these corporate officers are privy to…
