Stock Market News

. The logo of insurance company Swiss Re is seen in front of its headquarters in Zurich, Switzerland February 12, 2019. /Arnd WIegmann/File PhotoBy Alwyn Scott NEW YORK The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and in

. A United Airlines passenger jet takes off with New York City as a backdrop, at Newark Liberty International Airport, New Jersey, U.S. December 6, 2019. /Chris Helgren/File PhotoBy David Shepardson WASHINGTON United Airlines wants the federal government to step in to address congestion problems at Newark Liberty International Airport as a runway repair projec

. 2 Small-Cap Stocks Wall Street Predicts Will Rally by More Than 90%Despite the recent market volatility, benchmark indexes are expected to remain steady in the near term. And Wall Street analysts expect small-cap stocks Marathon Digital Holdings (MARA) and The RealReal (NASDAQ:REAL) to rally by more than 90% amid bullish market sentiments. So, how can you not read on for details?.The stoc

. 4 Overvalued Oil Stocks to Avoid as OPEC Agrees to Raise OutputWith the settlement of a disagreement between Saudi Arabia and the UAE, an OPEC+ deal to increase production was sealed earlier this week. Following the agreement, oil prices have declined approximately 8%. Because declining global demand could cause oil prices to fall further, we believe Chevron (CVX), Pioneer Natural Reso

. By David Shepardson WASHINGTON Getaround Inc will pay $950,000 to Washington, D.C. and revise its business practices after allegations that it misrepresented the benefits and nature of its car sharing services and failed to pay city sales taxes, officials said on Friday. The Softbank-backed San Francisco-based online company had operated without a license in the U.S capital, D

2/2Reuters. A man looks at stock market monitors in Taipei January 22, 2008. /Nicky Loh2/2By Jessica DiNapoli NEW YORK All three major U.S. stock indexes closed at record highs on Friday after a rocky week in which investors fretted over the Delta coronavirus variant and cheered an economic recovery, while U.S. Treasury yields rose before a Federal Reserve meeting ne

. Paccar vs. Tata Motors: Which Truck Manufacturer is a Better Buy?The resumption of economic and industrial activities is driving an increase in demand for heavy-duty trucks for transporting raw materials. So, we believe popular truck manufacturing stocks Paccar (PCAR) and Tata Motors (NYSE:TTM) are well-positioned to benefit from the rising demand. But let’s find out which of these st

. Is SGOCO Group a Good Fintech Stock to Add to Your Portfolio?Hong Kong-based fintech stock SGOCO Group (SGOC) has garnered triple-digit price gains year-to-date with keen attention from retail traders thanks to social media hype. However, will this relatively new meme stock be able to maintain its momentum amid a potential market correction and ongoing Chinese crackdown on U.S. listings?

. A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. /Andrew KellyBy Stephen Culp NEW YORK Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of ec

. Virgin Galactic co-founder Sir Richard Branson, CEO George Whitesides and Social Capital CEO Chamath Palihapitiya pose together outside of the New York Stock Exchange n New York, U.S., October 28, 2019. /Brendan McDermid/File PhotoFormer chief executive officer of Virgin Galactic Holdings (NYSE:SPCE), George Whitesides, will fly to space on the aerospace com

. By Yasin – The Dow closed above 35,000 for the first time ever, led by a rally to record highs in shares of Google and Facebook following strong quarterly results from Twitter and Snap.    The S&P 500 rose 1.01% to a closing record of 4,411.81. The Dow Jones Industrial Average gained 0.68%, or 238 points to close at 35,061, the Nasdaq gained 1.04% to 14,836.Facebook (NASDAQ:FB

. R.J. Scaringe, Rivian's CEO, introduces his company's R1T all-electric pickup truck at Los Angeles Auto Show in Los Angeles, California, U.S. November 27, 2018. /Mike Blake/File PhotoBy Ben Klayman DETROIT -Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Inc (NASDAQ:AMZN) , Ford Motor (NYSE:F) Co and

. A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. /Andrew KellyBy Stephen Culp NEW YORK Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of ec

2/2Reuters. The Pentagon building is seen in Arlington, Virginia, U.S. October 9, 2020. /Carlos Barria/File Photo2/2WASHINGTON -The Pentagon said on Friday that drones produced by Chinese manufacturer Da Jiang Innovations (DJI) pose a potential threat to national security and that a media report that they were approved for purchase by the U.S. government was inaccurate

. Want to Invest Like Bill Ackman? Then Buy These 3 StocksWith billionaire activist investor Bill Ackman betting big on economic recovery despite the spread of the hyper-contagious COVID-19 Delta variant, we think it could be wise to bet on potential beneficiaries of an expanding economy, namely Lowe's (LOW), Chipotle (CMG), and Restaurant Brands International (NYSE:QSR). They are among the

. Conformis vs. Integer Holdings: Which Medical Device Stock is a Better Buy?The rising demand for advanced medical devices with the increasing focus on treating ailments other than COVID-19 bodes wells for Integer Holdings (NYSE:ITGR) and Conformis (CFMS). But which of these two stocks is a better buy now? Read more to find out.Integer Holdings Corporation (ITGR) is a medical device outsou

. WASHINGTON The U.S. Defense Department said on Friday that systems produced by Chinese technology company Da Jiang Innovations pose a potential threat to U.S. national security and reports they had been approved for procurement by the U.S. government are inaccurate.

. An American flag is seen in front of the logo for Chinese ride hailing company Didi Global Inc. during the IPO on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. /Brendan McDermid/File PhotoBy Noel Randewich Fears of increased of regulation from Beijing crushed U.S.-listed Chinese stocks on Friday following a Chinese governmen

. 3 Stocks to Avoid as Trading in Cryptocurrencies Slows DownBecause China’s widespread crackdown on cryptocurrencies is expected to motivate many other countries to take similar actions, crypto trading might slow down in the coming months. So, we think it could be wise to avoid cryptocurrency-related stocks Charles Schwab (SCHW), Coinbase (COIN), and SoFi (SOFI), which benefit from the

. Worried About a Market Correction? Consider Investing in These 3 Defensive StocksAnalysts expect major benchmark indexes to retreat in the coming months, after hitting record highs in the first half of 2021, owing to the rapid spread of the COVID-19 Delta variant and decelerating economic growth. However, non-cyclical defensive companies Merck & Co., Inc. (MRK), CVS Health Corporation

4/4Reuters. Customers walk around the new Apple Store on Broadway in downtown Los Angeles, California, U.S., June 24, 2021. /Lucy Nicholson/File Photo2/4By Lewis Krauskopf NEW YORK The rally on Wall Street faces a fresh test next week with a flood of earnings reports from major U.S. companies, including the tech and internet behemoths that have recently retaken lead

2/2Reuters. A man looks at stock market monitors in Taipei January 22, 2008. /Nicky Loh2/2By Jessica DiNapoli NEW YORK Wall Street rose on Friday after a rocky week in which investors fretted over rising COVID-19 cases, spurred by the more contagious Delta variant, while oil prices slipped after a strong recovery from Monday's slide. Megacap tech stocks helped drive

. By Yasin – The S&P 500 climbed to fresh highs, led by a jump in communication services after strong quarterly results from social media companies set the stage for Google and Facebook to rally to records.  The S&P 500 rose 1.01% to a record intraday high of 4,413.40.The Dow Jones Industrial Average gained 0.62%, or 215 points, the Nasdaq was up 1.05%.Facebook (NASDAQ:FB) ral

. Men stand on a vehicle on a flooded road following heavy rainfall in Zhengzhou, Henan province, China July 23, 2021. /Aly SongBy Jonathan Saul, Muyu Xu and Yilei Sun LONDON/BEIJING A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South African ports. Events have conspired to drive global supply chains towards breakin

. A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. /Andrew KellyBy Stephen Culp NEW YORK Wall Street rallied for the fourth consecutive session on Friday, with the S&P 500 and the Nasdaq on track for record closing highs as upbeat earnings put investors in a buying mood. All t