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Which companies rose the U.S stocks to a record high?

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U.S. stocks rose to another record high as investors digested the latest batch of corporate earnings and data showing the American economy gained steam in the first three months of the year.

Amazon.com climbed after hours on a better-than-estimated revenue forecast, while Twitter sank amid a lacklustre outlook…

In regular trading, Apple wiped out its gains on concern that the iPhone’s growth might slow, after a blockbuster quarter as it faces a tightening supply of chips.

Facebook smashed expectations and surged 7.3 per cent. Alphabet rose 2.1 per cent, Microsoft fell 0.8 per cent.

Shares down under

Australian shares are poised to retreat on the final day of the month, with US investors opting to cash in amid concerns that companies may not continue reporting higher than expected earnings.

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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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

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Investors worldwide grow increasingly optimistic about Trump winning the election

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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.

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Netflix expands use of ads despite slow subscriber growth

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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.

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