Fox Business Flash top headlines for November 2 Check out what’s clicking on FoxBusiness.com. Total U.S. corporate stock buybacks are on track to hit a record for the third quarter as the U.S. economy bounced back from the global pandemic and chief executives became less fearful of spending cash. S&P 500 companies in recent weeks […]
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Stock futures inch higher ahead of tech earnings
Investment adviser on third-quarter earnings: Markets will ‘continue to see some upside’ Commonwealth Financial Network CIO Brad McMillan forecasts that after earnings season ‘we are going to start seeing some volatility as we figure out it’s not going to be as good going forward as it has been.’ U.S. stock futures edged up ahead of […]
Stock futures pause after Dow hits record
Fox Business Flash top headlines for October 22 Check out what’s clicking on FoxBusiness.com. U.S. stock futures were little changed after the Dow Jones Industrial Average closed the prior week at a record high. Futures on the S&P 500 strengthened 0.1% and futures tied to the Dow Jones Industrial Average were flat. Changes in equity […]
Nykaa IPO to open for public subscription on October 28, sets price band of ₹1,085-1,125 a share
The three-day initial public offering will conclude on November 1 FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, has fixed a price of ₹1,085-1,125 a share for its ₹ 5,352-crore initial public offering, which will open on October 28. The three-day initial public offering will conclude on November 1, […]
SEC says GameStop meme stock frenzy fueled by ‘investor sentiment’
Author details GameStop battle between ‘little guys,’ Wall Street in new book ‘The Antisocial Network’ author Ben Mezrich on the revolutionary moment a Reddit group realized they had ‘an enormous amount of power’ in the stock market. Following its highly anticipated review into the events surrounding the "meme stock" trading saga in January, the Securities […]
Virgin Galactic stock plummets after commercial spaceflight delay
Reusable rockets driving down cost of space access: ProcureAM CEO ProcureAM CEO and co-founder Andrew Chanin discusses growing demand in space travel. Shares of Richard Branson's Virgin Galactic plunged as much as 20% in pre-market trading Friday after the aerospace company announced schedule changes that will delay its commercial spaceflights until the fourth quarter of […]
Meme Stock Movers for 9\/10: Camber Energy, Clover Health, GameStop, Root, Support.com
The major indexes closed lower on Thursday, adding to the short week’s woes. The better news is that the indexes were trading higher by about half a point in Friday’s premarket session. Among meme stocks, Thursday belonged to Camber Energy Inc. (NYSEAMERICAN: CEI). More than 286 million shares were traded and the share price shot […]
Midday Meme Stock Report for 9\/8: Canoo, Clover Health, Meta Materials, Vinco Ventures
The major market indexes all traded down at the noon hour Wednesday, and only a few meme stocks were beating the pattern. The big mover was a company that filed a preliminary proxy statement in the morning and that has generated more than its usual amount of buzz on Reddit’s WallStreetBets. Vinco Ventures Inc. (NASDAQ: […]
Midday Meme Stock Report for 8\/31: AMC, Corsair, Support.com, Vinco Ventures
The overall market was flattish again in Tuesday’s noon hour, with the Dow Jones industrials trading up fractionally and both the S&P 500 and the Nasdaq Composite fractionally lower. Volume is less than half the 10-day moving average of around 3.6 billion shares traded. The stocks getting a lot of mentions on social media today […]
5 Meme Stock Movers for 8\/31: Alibaba, AMC, Robinhood, Support.com, Vinco Ventures
Tuesday’s premarket trading was looking good for a while but dropped into the red before coming back a bit to trade roughly flat with about 90 minutes to go before the opening bell. The macro news was decidedly mixed: U.S. troops are out of Afghanistan, Chinese manufacturing growth slowed in August, some Democrats are urging […]