FedEx Stock Surges on Plans To Spin Off Freight Business
FedEx shares jumped in extended trading Thursday after the shipping giant said it would spin off its Freight business as a standalone company.
Why Altcoins Are Plummeting Today
Why is recent news from the Federal Reserve causing big sell-offs for cryptocurrencies?
Will a government shutdown impact the stock market? Experts weigh in
As Congress scrambles to avert a potential partial government shutdown before Friday's deadline, investment experts weigh in on how much a shutdown could impact the markets.
Why Bitcoin, Ethereum, and Dogecoin All Dropped Today
The crypto momentum we've seen all fall and early winter hit a big snag over the past 24 hours after the Federal Reserve cut interest rates. Bitcoin (CRYPTO: BTC) is the biggest loser, falling 6.2% in the past 24 hours as of 3 p.m. ET and dropping below the $100,000 level. As much as cryptocurrencies have been marketed as a way out from under the traditional financial ecosystem, the crypto market trades a lot like traditional risk assets like growth stocks.
How this Treasury-market dynamic could lead to the next big leg lower in stocks
Thursday’s selloff in long-dated U.S. government debt pushed 10- and 30-year yields further into their highest closing levels in almost seven months, creating a setup that threatens to lead to another big selloff in stocks in the days or weeks to come.
Palantir's Stock Gains After Extending Army Contract Worth $619 Million
Palantir Technologies shares climbed Thursday after the analytics software provider said it extended a contract with the U.S. Army that could be worth $618.9 million.
China’s ‘Old Shop’ Jeweler Bucks Slowdown With 437% Stock Rally
(Bloomberg) -- If anything glitters in China’s otherwise dour retail jewelery landscape, chances are it just might be from Laopu Gold Co.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalThe Bejing-based jeweler, whose Chinese name translates to “old shop,” is luring shoppers as it outshines market leader Chow Tai Fook Jewel
ETF Market Tops $15T on Active Management Boom
Global ETF assets reached $15.1 trillion in 2024, as investors embraced a record number of new launches and active management strategies, according to a new Bank of America report.
Reddi-wip Owner Conagra Brands' Stock Slides as Inflation Leads to Lowered Outlook
Conagra Brands shares slid Thursday after the food giant lowered its profit outlook, citing a "challenging consumer environment."
The best and worst airlines stocks of 2024
It has been feast or famine for the airline industry this year. An uneven merger landscape had a ripple effect on several players, and a sector-wide shift towards the premium end of the market left budget carriers scrambling to rethink their business models. That chaos showed up in stock prices, which ranged from nearly triple-digit losses to triple-digit gains.
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