June 5, 2020 7:00 am
Slack Technologies’ stock closed lower in Thursday trading, with shares declining 3%. The dip in the stock preceded the company’s quarterly report. This put on hold Slack Technologies’ three-month high, which was caused by the increased number of people working from home during the pandemic. Due to the huge interest in companies that thrived during […]
Read moreJune 4, 2020 2:46 pm
The multinational e-commerce corporation, eBay, enjoyed an 8.8% jump in shares in premarket trading Thursday. The surge in the company’s stock came after eBay announced a quarterly performance exceeding expectations. Due to the increase in sales, the eBay predicts adjusted earnings ranging between $1.02 and $1.06 per share. If this forecast turns out to be […]
Read moreJune 4, 2020 1:02 pm
European shares were trading lower on Thursday, following the recent meeting of the European Central Bank. The German DAX declined 0.4%, with the auto sector selling off shares. Volkswagen was one of the declining stocks, with shares dropping more than 2% in Thursday trading. The German government reported a new stimulus package on Wednesday. The […]
Read moreJune 4, 2020 10:08 am
Investors were cautious in Thursday trading, with European stocks declining after the recent decision of the European Central Bank. The Stoxx Europe 600 dipped 0.5% as it was announced that the €750 billion Pandemic Emergency Purchase Program of the European Central Bank is expected to be expanded. This decision was provoked by the concerns of […]
Read moreJune 4, 2020 7:59 am
Wednesday was a strong day for US stocks as the Financials, Oil & Gas and Industrial sectors contributed to the jump in shares. At the close of the trading session, the Dow Jones Industrial Average surged 2.05%. This marked a new 3-month high for the index. Meanwhile, the S&P 500 Index and the NASDAQ Composite […]
Read moreJune 3, 2020 2:35 pm
The ridesharing company Lyft was among the stocks that rose in premarket trading Wednesday. With the interest in the company rising, Lyft’s stock was up 5.7% before the start of the trading session. Investors felt motivated after the company reported a 26% boost in rides during May. The jump in rides shows that the company’s […]
Read moreJune 3, 2020 1:03 pm
On Wednesday, the European stocks rose for a third consecutive day as investors witnessed the beginning of an economic recovery. Airlines were among the best performers in Wednesday trading, with Wizz Air’s shares surging 1.4%. The interest of investors rose from the fact that the company stated a higher pretax profit for 2020. Wizz Air […]
Read moreJune 3, 2020 9:50 am
On Wednesday, European stocks rose as hopes for economic recovery increased due to the progress in the Chinese services sector. This made investors believe that the tension between China and the US may not be as damaging as everyone feared. Renault is also among the top European stocks soaring on Wednesday. The carmaker’s shares surged […]
Read moreJune 3, 2020 7:51 am
After Tuesday trading was closed, the shares of Zoom surged about 2%. The jump in after-trade hours came after the company announced its first-quarter results. Due to the long period of lockdown in different parts of the world, the video conference call software became extremely popular. This brought Zoom first-quarter earnings that beat the predictions […]
Read moreJune 2, 2020 2:41 pm
Investors remained hopeful for US stocks, which were expected to open higher on Tuesday. Despite the civil unrest in different parts of the US, futures for the Dow Jones Industrial Average, the S&P 500 Index and the Nasdaq-100 were higher in premarket trading. Pfizer is among the stocks that investors will keep an eye out […]
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