The market caps of payment stocks like Visa and MasterCard have eclipsed the value of the biggest banks, even as their balance sheets remain significantly smaller in comparison.
Schlagwort-Archiv: Financial
Stocks making the biggest moves in the premarket: FedEx, Adobe, Kodak, Tapestry, DraftKings & more
These are the stocks making moves in the premarket, including FedEx, Adobe, Kodak, Tapestry, DraftKings, and more.
Market volatility is set to swell after Election Day, Wells Fargo warns
Wells Fargo Securities’ Michael Schumacher sees unusual election year activity in the options market.
This will be the biggest year ever for software IPOs as coronavirus and work-from-home show value
Counting the four IPOs this week, software IPOs will have raised roughly $7.8 billion year to date.
Dow rises 100 points ahead of Fed announcement
U.S. stock futures rose in early trading Wednesday as investors readied for comments from the Federal Reserve later in the day.
Kraft Heinz targets $2 billion in cost cuts over 5 years, sees long-term organic net sales growth of 1% to 2%
Kraft Heinz also raised its third-quarter forecast for organic sales growth.
FedEx profit, revenue beat as pandemic drives e-commerce bounce
U.S. delivery firm FedEx reported a bigger-than-expected quarterly profit on Tuesday, after price hikes, lower fuel costs and efficiency gains countered negative impacts associated with a pandemic-fueled surge in e-commerce shipments.
Rising debt is a ‚very serious issue‘ that governments face, says Singapore minister
Governments have done the right thing to increase borrowing and spending to support their slumping economies, said Tharman Shanmugaratnam, Singapore’s senior minister and coordinating minister for social policies.
Stocks making the biggest moves in the premarket: Nvidia, Amazon, Lennar, Walmart & more
These are the stocks posting the largest moves before the bell.
DraftKings surges after announcing ESPN deal
Shares of DraftKings jumped after the company announced a partnership with ESPN.