Tech stocks lead US stocks

Published

3 years ago

May 25, 2021

U.S. stocks have climbed with both the S&P 500 and Nasdaq rallying more than 1% as a pullback in United States.

Treasury yields helped lift expensive stocks in sectors such as technology as investors attempt to gauge the path of inflation.

Among the 11 major S&P sectors, technology advanced about 2% as the best performing on the session, as yields on the benchmark 10-year Treasury bond hit a two-week low.

The Dow Jones rose 0.75 per cent, while the S&P 500 gained 51.82 points or 1.25 per cent

The Nasdaq up 1.64%.

Tech giants Apple and Microsoft are each up about 2% at the close.

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.