Money

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

Published

3 years ago

April 30, 2021

ticker NEWS

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.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

24 hours ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

1 day ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

2 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending