wallstreet

Market Gets Riskier and Bloomberg Proves it

Market Gets Riskier and Bloomberg Proves it

Bloomberg made one announcement in the morning only to make a complete turnaround in the evening. It announced during the starting hours that price increases by United Technologies and Caterpillar represented the bullish signs eagerly awaited by inv..

Stocks Take Wild Swings

Stocks Take Wild Swings

The stock market nowadays is like a wild thriller movie. Markets are now so much volatile that it is hard to predict what will happen in the next hour. The swings occur as investors grapple with an uncomfortable blend of hard news, speculation, and ..

Spotify Tumbles After IPO After Analyst Ratings

Spotify Tumbles After IPO After Analyst Ratings

Spotify Technology SA (NYSE: SPOT) made its debut on the New York Stock Exchange on Tuesday, who went public through direct-listing. The stock listed on the exchange at $165.90, before falling to Tuesday’s closing price of $149.60. Shares cont..

CarMax Inc Reported Worse-than-Expected Results for the Fourth Quarter

CarMax Inc Reported Worse-than-Expected Results for the Fourth Quarter

On Wednesday, CarMax, Inc. (NYSE: KMX) announced its financial results for the fourth quarter ended February 28, 2018. With sales missing estimates, shares of the company dropped 5.2% in premarket trading on Wednesday.According to the company, reven..

Stock Market Rebounds After Days of Negative Volatility

Stock Market Rebounds After Days of Negative Volatility

Stock markets in the United States suffered one of their worst performing weeks during the third week of March. The US Stock market, if measured by Standard & Poor 500, and Dow Jones Industrial Average, went down by six percent. In contrast, the..

Dropbox, Inc (NASDAQ: DBX) First Day of Trading

Dropbox, Inc (NASDAQ: DBX) First Day of Trading

Dropbox, Inc. (NASDAQ: DBX) stock opened more than 40 percent higher at $29 a share and closed more than 35 percent higher at $28.48 per share on its first day of the trading. The file hosting service listed $756 million IPO under the trading symbol..

Tech Stocks Drag Down U.S. Stocks

Tech Stocks Drag Down U.S. Stocks

Reports of Facebook, Inc. (NASDAQ: FB) data breach dragged down the technology sector, causing U.S. stocks to open weaker on Monday. The Dow Jones Industrial Average opened almost 200 points lower before declining down to almost 600 points by late m..