wall street

"Our strategy is simple: if we can continue to improve Netflix every day to better delight our members, we can be their first choice for streaming entertainment," Netflix said. The entertainment giant Netflix (NASDAQ: NFLX) shares climbed more than 13% in during pre-market trading on Wednesday...

"A crisis of deep human suffering is in plain sight, and there's no time to waste," The US president-elect Joe Biden said. US President-elect Joe Biden unveiled his $1.9 trillion stimulus plan Thursday night. He also budgets $50 billion for Covid testing and $20 billion to speed coronavirus...

The banking giants JPMorgan Chase (NYSE: JPM), Citigroup (NYSE: C) and Wells Fargo (NYSE: WFC) will release its fourth-quarter results on Friday before the bell. All three banking stocks closed higher on Thursday ahead of the earnings announcement. JPMorgan shares climbed...

In 2020, the financial market has seen the highest IPO capital raising activity in a decade, with USD 331 billion raised across 1,591 listings – a 42% increase compared to 2019. Some of the notable IPOs in 2020: Airbnb Inc (NASDAQ: ABNB) DoorDash Inc (NYSE: DASH) Snowflake Inc (NYSE: SNOW)...

"Micron delivered outstanding fiscal first-quarter results, driven by focused execution and strong end-market demand," Micron CEO, Sanjay Mehrotra said. The memory chip maker Micron Technology (NASDAQ: MU) reported better-than-expected earnings for its fiscal first quarter on Thursday after the...

Wall Street set to open lower on Tuesday as the uncertainty over US Senate elections continues. On Monday, US stocks ended lower, the S&P 500 and the Dow posted their largest daily percentage falls since late October. Meanwhile, since the US election the Wall Street climbed to record highs...

Global markets started the year on a strong note while the bulls failed to keep the momentum. Moving ahead there are important economic events and earnings to watch this week.

Apple (NASDAQ: AAPL) stock climbed to near the all-time highs on Tuesday. On Tuesday, the stock closed 5% higher supported by the company reportedly wants to increase iPhone production by roughly 30% year over year. The Apple stock rallied more than 70% in 2020. As per the recent report...

Wall Street and market participants witnessed a volatile 2020. Almost every stock rebounded from the March low and US indices climbed to record highs. During the first quarter of 2020, the stocks plunged due to the coronavirus pandemic. Here are the 5 best performing US stocks so far in 2020...

DoorDash, the US largest food delivery company shares began trading on Wednesday on the New York Stock Exchange (NYSE) under the ticker DASH. The opening price was $ 182, about 80% higher than the public price of $ 102, and ended the session at $ 189.51. The company with a market value of $ 15...

Stocks and Oil prices start the week on a mixed note as COVID19 cases continued to surge in the US and Europe. Moving ahead there are other few key events and earnings to watch

The aerospace giant Boeing (NYSE: BA) shares gained around 8% during the previous week. The stock surged another 2% on Monday and continues 6th-week upside move. During the first quarter of 2020, the Boeing shares sank due to the coronavirus pandemic. At the beginning of November, the $BA stock...

As per the recent report, Pfizer (NYSE: PFE) will likely be the first vaccine to reach the market. This one is the most heavily anticipated candidate by far is BNT162b2, the COVID-19 vaccine developed in partnership with German biotech BioNTech. On Wednesday, the regulators in the United...

Zoom Video Communications (NASDAQ: ZM) reported better-than-expected third-quarter financial results on Monday. During the previous quarter, the company revenue surged by 355% and especially in the Middle East and Africa saw revenue growth of 629%. While its operating profit for the quarter was...

Global markets are trading higher lifted by positive vaccine news from Moderna and upbeat China data. Moving ahead the key economic events and earnings to watch this week

Global stocks and Wall Street ended higher in November. The S&P 500 climbed 10.8% for the month, its biggest monthly gain since April. While the Dow has added almost 13% so far, which would be the best month since January 1987. The energy stocks in the S&P 500 ended November with an above 25%...

The American clothing retailer Gap Inc (NYSE: GPS) announced third-quarter financial results after the market close on Tuesday. The company last quarter earnings came below the Wall Street expectations and the revenue for the quarter fell 0.2% to $3.99 billion from $4.00 billion last year, while...

Hello Everyone, Happy Thanksgiving Day! We expect Trading will be thinned out next two days and liquidity is expected to remain low as US financial markets are closed on Thursday and a half-day on Friday. EQUITIES Wall Street ended mixed on Wednesday. The Dow and S&P 500 retreated from the...

Technology giants Dell (NYSE: DELL) and HP (NYSE: HPQ) reported better-than-expected last quarter financial results on Tuesday boosted by a huge surge in PC demand due to remote working and distance learning. $Dell EPS $2.03 vs $1.40 expected Revenue $23.48B vs $21.85B expected $HPQ...

British Pharmaceutical giant AstraZeneca (NASDAQ: AZN) reported the late-stage trials showed its COVID-19 vaccine was highly effective. AstraZeneca became the third pharmaceutical firm to report its effective coronavirus vaccine, only a few days after US biotech firms Moderna and Pfizer said...