Electric-car companies may be selling more shares than cars at the end of 2020. Amid an explosion in stock prices of electric-vehicle manufacturers, Chinese EV company Nio Inc. NIO, +2.75% announced Thursday afternoon that it plans to sell at least 60 million fresh American depositary shares, with an additional 9 …
Read More »The Ratings Game: Ulta Beauty shares jump after ‘mutually beneficial’ partnership with Target announced
Both Target and Ulta will benefit from the beauty partnership they’ve announced, analysts say Target Ulta Beauty Inc. ULTA, -1.48% shares jumped 7.4% in Tuesday trading after the retailer and Target Corp. TGT, +0.19% announced a partnership that would bring Ulta shops to Target locations. Ulta Beauty stock has rallied …
Read More »Asia Markets: Shares rise in Asia on hopes for U.S. stimulus as Trump leaves hospital
A general view of the Tokyo Stock Market(TSE) is pictured on October 01, 2020 in Tokyo, Japan. Yuichi Yamazaki/Getty Images Shares advanced in on Tuesday Asia after hopes for economic aid from Washington helped Wall Street recover its losses from the initial shock of learning President Donald Trump had tested …
Read More »Asia Markets: Asian shares rise after jobless data halts rally on Wall Street
Shares were mostly higher in Asia on Friday after U.S. unemployment data gave the S&P 500 its first loss in five days. Tokyo’s Nikkei 225 index NIK, +0.74% closed up 0.7% after opening lower. The Hang Seng HSI, +1.17% in Hong Kong rose 0.7%, India’s Sensex 1, +0.62% rose 0.4% …
Read More »Asia Markets: Nikkei rises, but Hong Kong shares slip as tensions with China heat up
Asian shares traded mostly higher on Monday, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. But shares fell in Hong Kong on Monday after police used tear gas to quell weekend protests over a proposed national security bill for …
Read More »Key Words: Bill Gates shares his optimistic take on the coronavirus on Fox News
“ ‘If we do the social distancing properly we should be able to get out of this with the death numbers well short of that.’ ” That’s Microsoft MSFT, -0.92% co-founder Bill Gates referring to the projections that the U.S. could ultimately see between 100,000 and 240,000 deaths amid the …
Read More »Earnings Results: Zoom shares tumble despite solid results
[unable to retrieve full-text content] Zoom Video Communications Inc. tumbled 5% in after-hours trading Wednesday after it reported better-than-expected results that did not meet lofty expectations. MarketWatch.com – Top Stories
Read More »Earnings Results: HPE shares drop on revenue miss, warning it no longer expects revenue to grow in fiscal 2020
Hewlett Packard Enterprise Co. shares fell more than 6% in after-hours trading Tuesday after the technology giant reported first-quarter revenue that did not meet Wall Street estimates and warned it no longer expects revenue to grow in fiscal 2020. In a phone interview shortly after the results were released, HPE …
Read More »Snap shares plunge 14% on revenue, earnings miss
Snap Inc. shares plunged 14% after the company’s fourth-quarter earnings fell short of Wall Street estimates on Tuesday, momentarily blunting a year-long financial bounce-back. Advertising led the way for Snap SNAP, -11.93% to record revenue of $ 561 million, vs. expectations of $ 563 million from analysts polled by FactSet. …
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