The Dow and S&P 500 eked out their sixth straight gains as a strong jobs report outweighed U.S.-China tensions and concerns about a new fiscal stimulus package.
Schlagwort-Archiv: Markets
Buffett buys back record $5.1 billion in Berkshire stock as coronavirus hits operating earnings
Berkshire announced it bought $5.1 billion of its own shares during the second quarter as the pandemic dented the conglomerate’s operations.
UK digital bank Starling’s losses doubled in 2019 — but it expects to break even this year
The app-based bank said it had seen lending activity spike thanks to the U.K. government’s emergency coronavirus financing schemes.
Stocks making the biggest moves in the premarket: TripAdvisor, T-Mobile US, FedEx, Uber & more
The stocks making the biggest moves in premarket trading include TripAdvisor, T-Mobile US, FedEx, Uber, and more.
Goldman names new head of digital assets in bet that blockchain is the future of financial markets
The appointment of Mathew McDermott means the newest face of blockchain and cryptocurrency on Wall Street isn’t a starry-eyed bitcoin evangelist, but a 46-year-old veteran of old-school financing markets.
Goldman Sachs cuts quarterly earnings, citing legal provisions relating to the 1MDB scandal
Goldman Sachs on Friday lowered its previously stated quarterly net earnings applicable to common shareholders to $197 million from $2.25 billion.
Uber ride-sharing revenue plummets, food delivery more than doubles
Uber narrowed losses, and saw a spike in demand for its food delivery service during the second quarter. However, the company’s core ride-sharing business was down 73% from last year.
Goldman Sachs cuts quarterly earnings, citing legal provisions relating to the 1MDB scandal
Goldman Sachs on Friday lowered its previously stated quarterly net earnings applicable to common shareholders to $197 million from $2.25 billion.
Dow slips 100 points as U.S.-China tensions and stimulus uncertainty offset strong jobs report
Stocks fell as U.S-China tensions and ongoing coronavirus stimulus negotiations dampened the market’s enthusiasm over a strong jobs report.
‚Stars are aligned against the dollar,‘ top currency strategist warns
Brown Brothers Harriman’s Win Thin expects the dollar to bottom later this year.