Wall Street opens higher on Microsoft, Tesla results
U.S. stocks opened higher on Thursday, as solid results from Microsoft, Lam Research and Tesla lifted sentiment.
U.S. stocks opened higher on Thursday, as solid results from Microsoft, Lam Research and Tesla lifted sentiment.
New orders for key U.S.-made capital goods fell more than expected in September and shipments also declined, a sign that business investment remains weak amid the continuing fallout from the U.S.-China trade war but other data on Thursday showed it has yet to have much effect on the overall jobs market.
American Airlines Group Inc beat Wall Street estimates for third quarter profit on Thursday thanks to robust travel demand, even as the impact of the Boeing 737 MAX grounding continued to swell.
Virgin Galactic will trade under the stock ticker 'SPCE.'
A rise in shares of Microsoft and PayPal boosted the Nasdaq on Thursday, but poor earnings reports from Twitter and 3M dragged down the S&P 500 and Dow Jones indexes, taking the shine off what has been an upbeat earnings season so far.
Oil prices climbed on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand.
Consumers are paying more attention to their carbon footprint and it could cost airlines billions of dollars, Citi said in a note to clients on Tuesday.
Sales of new U.S. single-family homes fell in September as low inventories continue to weigh on sales even as prices saw the biggest monthly fall in five years.
Virgin Galactic will trade under the stock ticker SPCE.
PayPal sees strong total payment volume growth, with a 64% year-over-year jump in Venmo payment volume.
CBC | Terri Coles ·| Oct 24, 019 With more than half a billion in new venture funding, Verafin is stepping into the spotlight On Wednesday, Canada's largest-ever venture funding deal was made for $515 million — a sizeable sum of money by any measure — going to a world leader in providing financial crime management
Stock markets edged higher on Thursday amid upbeat earnings reports from a slew of companies worldwide, while the British pound slipped.
Twitter Inc posted worse-than-expected quarterly revenue and profit on Thursday, plagued by unusually low demand over the summer and technical issues that hurt its advertising, sending its shares down about 19%.
Spirit Airlines said it is working with Airbus SE and trade representatives to mitigate the impact of U.S. tariffs on European-made aircraft but does not see a near term impact on its overall cost structure.
Tesla popped 16.5% Thursday, meaning short sellers betting against the stock are on track for $1.4 billion in mark-to-market losses.