Today: September 21, 2024
Today: September 21, 2024

Stock Markets

Economy|Finance|Stock Markets|Technology

Tech-led selloff drives record volume in NDX options

The selloff in U.S. stocks is driving record trading options on the Nasdaq 100 Index as the tech-heavy gauge is battered by turbulence in giant tech stocks.

Tech-led selloff drives record volume in NDX options
Business|Finance|Stock Markets

Cold storage REIT Lineage rises 5% in the biggest IPO of 2024

Cold storage real estate investment trust Lineage's shares gained 5% in their Nasdaq debut on Thursday, signaling investor enthusiasm for the year's biggest

Cold storage REIT Lineage rises 5% in the biggest IPO of 2024
Economy|Finance|Stock Markets

Investors recoil as this year's 'everything rally' screeches to a halt

Investors are ditching some of this year's favourite trades as a retreat in the glitzy megacaps risks snowballing into a multi-pronged selloff that

Investors recoil as this year's 'everything rally' screeches to a halt
Finance|Stock Markets|Technology

Leveraged Nvidia ETFs ramp up investor risk as tech turbulence hits markets

Making leveraged bets on Nvidia is likely to get much riskier if Wall Street's tech-led selloff continues.

Leveraged Nvidia ETFs ramp up investor risk as tech turbulence hits markets
Business|Economy|Finance|Stock Markets

Ford shares slide as disappointing Q2 adjusted profit rattles investors

Shares of Ford Motor Co. are tumbling Thursday after the automaker’s second-quarter adjusted profit badly missed Wall Street’s expectations as it spent more money fixing customers’ cars and trucks

Ford shares slide as disappointing Q2 adjusted profit rattles investors
Business|Economy|Finance|Stock Markets

Nasdaq profit beats as fintech sales jump, shares soar

Nasdaq's second-quarter profit topped Wall Street estimates on Thursday, driven by strong demand for its products that help traders navigate

Nasdaq profit beats as fintech sales jump, shares soar
Business|Economy|Finance|Stock Markets

Small stocks are about to take over? Wall Street has heard that before.

After getting trounced by their larger rivals for years, some of the smallest stocks on Wall Street have shown much more life recently

Small stocks are about to take over? Wall Street has heard that before.
Economy|Finance|Stock Markets

TSX hits 2-week low as industrials, gold mining shares fall

Canada's main stock index fell to a two-week low on Thursday, led by declines for industrial and metal mining shares, as recent disappointing earnings from some economically

TSX hits 2-week low as industrials, gold mining shares fall
Economy|Finance|Stock Markets

S&P, Nasdaq end lower in fickle trading, megacap trend uncertain

The S&P 500 and Nasdaq Composite ended a fickle session weaker on Thursday, failing to regain ground lost in the previous day's tech-triggered sell-off as investors grappled

S&P, Nasdaq end lower in fickle trading, megacap trend uncertain
Asia|Economy|Finance|Stock Markets

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022

Shares are mostly higher in Asia, with major markets apart from Shanghai and Taiwan logging modest gains

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022
Business|Economy|Finance|Stock Markets

Ford slips as higher costs, EV unit take a toll on profit growth

Ford Motor's shares tumbled over 13% to a near six-month low on Thursday after the automaker missed second-quarter profit estimates, as it struggles with quality-related

Ford slips as higher costs, EV unit take a toll on profit growth
Economy|Finance|Stock Markets

Megacap stock selloff shows investor concerns about too much tech

A tumble in the heavyweight stocks that have powered markets higher this year is highlighting Wall Street's vulnerability to any weakness

Megacap stock selloff shows investor concerns about too much tech
Economy|Europe|Finance|Stock Markets

Stock rout spreads beyond tech

A look at the day ahead in European and global markets from Kevin Buckland The global equity sell-off looks set to extend into Europe on Thursday although the region may be spared the carnage in parts

Stock rout spreads beyond tech
Asia|Finance|Stock Markets|Technology

Stocks add to recent losses; yen flat after 2 1/2-mo high vs dollar

World stock indexes mostly fell in choppy trading Thursday, adding to losses after a tech-led selloff in the previous session, while the Japanese yen

Stocks add to recent losses; yen flat after 2 1/2-mo high vs dollar
Business|Finance|Stock Markets

Logistics giant Lineage raises $4.44 billion in biggest IPO of 2024

Lineage, the world's largest operator of cold-storage warehouses, raised $4.44 billion in its U.S. initial public offering, setting it up for the biggest stock market

Logistics giant Lineage raises $4.44 billion in biggest IPO of 2024
Asia|Economy|Finance|Stock Markets

A megacap tsunami coming your way

A look at the day ahead in Asian markets by Alden Bentley in New York Brace for fallout from a megacap-led wipe out.

A megacap tsunami coming your way
Economy|Finance|Stock Markets

'Fear gauge' hits three-month high as US stocks sell off

A hefty U.S. stocks sell-off sent Wall Street's most watched gauge of market volatility to a three-month high and boosted options trading volume on Wednesday,

'Fear gauge' hits three-month high as US stocks sell off
Business|Finance|Stock Markets

Newmont beats profit estimates on higher gold production

Newmont Corp beat Wall Street estimates for second-quarter profit on Wednesday, as the world's biggest gold miner benefited from robust production and higher prices.

Newmont beats profit estimates on higher gold production
Business|Economy|Finance|Stock Markets|Technology

Nasdaq and S&P 500 log worst day since 2022 after Alphabet and Tesla fail to impress Wall Street

Nasdaq and S&P 500 log worst day since 2022 after Alphabet and Tesla fail to impress Wall Street

Nasdaq and S&P 500 log worst day since 2022 after Alphabet and Tesla fail to impress Wall Street
Business|Finance|Stock Markets

KKR-backed OneStream surges in market debut

Shares of financial software maker OneStream, backed by private equity firm KKR, rose nearly 30% in their Nasdaq debut on Wednesday, valuing the company at

KKR-backed OneStream surges in market debut
Business|Finance|Stock Markets

Frozen food supplier Lamb Weston provides dour annual forecasts on weak demand

Lamb Weston forecast its annual sales and profit below analysts' expectations on Wednesday, as higher prices of its frozen food products begin to hurt volumes, sending its shares plunging

Frozen food supplier Lamb Weston provides dour annual forecasts on weak demand
Business|Finance|Stock Markets|Technology

Alphabet falls as margin fears, YouTube slowdown eclipse AI boost

Alphabet fell more than 3% on Wednesday on fears that its rising investments in AI infrastructure would squeeze margins and YouTube was facing tough

Alphabet falls as margin fears, YouTube slowdown eclipse AI boost
Business|Finance|Stock Markets|Technology

Tesla's bleak margins sink shares as Musk hypes everything but cars

Tesla shares tumbled 12% on Wednesday, evaporating almost $100 billion in stock market value after CEO Elon Musk's talk of humanoid robots and

Tesla's bleak margins sink shares as Musk hypes everything but cars
Asia|Australia|Economy|Finance|Stock Markets

Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids

Asian shares have dropped morning trading, with Tokyo’s benchmark losing more than 1,000 points at one point and closing 3.3% lower, as pessimism set in over Wall Street's overnight nose-dive

Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids
Economy|Finance|Stock Markets|Technology

S&P and Nasdaq close at multi-week lows as Tesla, Alphabet weigh heavily

The S&P 500 and Nasdaq ended at multi-week lows on Wednesday, with the S&P snapping one of its longest streaks without a daily decline of more than 2%, as lackluster

S&P and Nasdaq close at multi-week lows as Tesla, Alphabet weigh heavily

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