Wall Street's main indexes were set to open higher on Wednesday, with the tech-heavy Nasdaq leading gains, as investors cheered streaming giant Netflix's strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure.
Netflix shot up 14.6% after it reported adding nearly 19 million subscribers during the holiday-season quarter and it topped sales and profit targets. The video streaming service’s expansion into live programming appears to be paying off as it wrapped up its best year ever with more than $40 billion in revenue.
U.S. stocks rose after more companies said they made bigger profits at the end of last year than analysts expected and as Treasury yields eased.
Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.
U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies
Billionaire investor Ken Griffin is the founder of Citadel Advisors, one of the world’s most successful alternative investment firms. With over $96 billion in assets under management (AUM), Griffin’s hedge fund is broadly diversified with positions in more than 5,
Hindenburg Research founder Nate Anderson, a foe of Carl Icahn and the Adani family, cites the stress of his job as he shuts down the firm.
The need for a debt limit hike of trillions and signs of growing bond market concerns could trim Republican economic plans sharply.
U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.
U.S. stock indexes are rising following a mostly encouraging batch of profit reports from big companies. The S&P 500 rose 0.7% in afternoon trading Tuesday, as many markets around the world took only tentative steps following Donald Trump’s return to the White House.
Looking at 27 projections for the S&P 500 Index, the most widely watched index among investment professionals, the sweet spot for the year-end level for the index is about 6,600. That would translate into a 10% annual gain from the 2024 close of 5,
Learn from Hetty Green, the Witch of Wall Street. Follow her two golden rules: buy low, sell high with thrift and shrewdness. Remain rational in chaos.