Check out the companies making the biggest moves in premarket trading: Oracle — The cloud services company advanced nearly 8% after announcing deals with Google and OpenAI. Oracle plans to make its database available to Google Cloud beginning in November. It also planned to partner with Microsoft and OpenAI for additional computing capacity. Paramount Global […]
Halfpoint Images | Moment | Getty Images The federal government has issued more than $1 billion in tax credits as an upfront cash incentive to buyers of electric vehicles, the U.S. Treasury Department and Internal Revenue Service said Wednesday. The Inflation Reduction Act created a mechanism whereby tax credits for buyers of new and used […]
Chris Ratcliffe | Bloomberg | Getty Images Apple device users will soon be able to tap into buy now, pay later loans from Affirm for purchases, the companies said Tuesday. Affirm will surface as an option for U.S. Apple Pay users on iPhones and iPads later this year, the San Francisco-based fintech company said in […]
Check out the companies making headlines in after-hours trading. Oracle — The tech company’s shares jumped nearly 9% after it announced cloud deals with Google and OpenAI, despite posting a miss on fiscal fourth-quarter results. Oracle posted adjusted earnings of $1.63 per share on revenue of $14.29 billion, while analysts expected earnings of $1.65 per […]
Check out the companies making headlines in midday trading. Affirm Holdings – The stock popped 11% following the announcement that its buy now, pay later loans will be embedded into Apple Pay as an option for purchases. U.S. Apple Pay users on iPhones and iPads will be able to use the option later this year, […]
Check out the companies making headlines before the bell. Eli Lilly — Eli Lilly shares rose 2% after a panel of FDA advisors recommended the approval of its Alzheimer’s drug known as donanemab. General Motors — The automaker’s stock added more than 1% after its board authorized a $6 billion stock buyback program . Shopify […]
Check out the companies making headlines in midday trading: Southwest Airlines — The stock rose 7% after activist hedge fund Elliott Management amassed a $1.9 billion stake in Southwest Airlines. The firm seeks to replace Southwest CEO Bob Jordan and Chairman Gary Kelly. GameStop — The meme stock slipped nearly 12% in volatile trading after […]
Cultura Rm Exclusive/twinpix | Image Source | Getty Images Home equity is near all-time highs. But tapping it may be tough due to high interest rates, according to financial advisors. Total home equity for U.S. mortgage holders rose to more than $17 trillion in Q1 2024, just shy of the record set in Q3 2023, […]
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters When is the next stock market crash taking place? It’s a question I get asked often since I wrote “A History of the United States in Five Crashes — Stock Market Meldowns That Defined a Nation.” Until now, I’ve always […]
Keith Gill, a Reddit user credited with inspiring GameStop’s rally, during a YouTube livestream arranged on a laptop at the New York Stock Exchange on June 7, 2024. Michael Nagle | Bloomberg | Getty Images GameStop shares fell more than 16% on Monday as the meme stock extended Friday’s sell-off sparked by a dismal earnings report […]
