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Market Pulse USA NEWS. Stock Market NEWS Updated Daily

Market Pulse USA NEWS. Stock Market NEWS Updated Daily

This NEWS section covers current news for stock markets. To view latest news about specific stocks, please browse to the desired stock pages. Click one of the exchanges in the menu above and then use the search box to find your desired stock.

Market Pulse USA NEWS. Stock Market NEWS Updated Daily

: State Street taking full ownership of India joint venture with HCLTech

State street corp. stt said monday it will take full ownership of a joint venture in india called statestreet hcl services. financial terms were not disclosed. “bringing the state street hcl services capabilities and expertise in-house will create a more
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: AT&T could spend almost billion through new open-network collaboration with Ericsson

Corrected with a&t planning to run 70% of its wireless traffic through open-capable platforms by late 2026.at&t inc. t said monday afternoon that it will collaborate with ericsson to build “a more robust ecosystem of network infrastructure providers and
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: EyePoint announces 5 million stock offering following record surge in share price

Eyepoint pharmaceuticals inc. eypt announced monday afternoon that it has begun an underwritten public offering of 5 million in common stock. the company will also give underwriters the chance to purchase up to an additional .25 million of stock at t
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: GitLab’s stock shoots up 15% on earnings, sales beats

Gitlab inc.’s stock gtlb surged 15% in extended trading monday after the software company reported quarterly results that surpassed analyst revenue and earnings estimates. gitlab reported a fiscal third-quarter net loss of 5.2 million, or .84 a shar
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: Dow pulls back from 2023 highs as small caps outperform

U.s. stocks finished lower on monday with the dow pulling back from its 2023 highs, while a catch-up rally in small caps stretched to a fourth day. the s&p 500 spx fell by 24.85 points, or 0.5%, to 4,569.78, according to preliminary closing data from facts
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: Five9 is considering a sale two years after failed Zoom deal: report

Shares of five9 inc. fivn popped nearly 10% monday following a report the call-center software provider is mulling a sale, more than two years after it scrapped a multibillion-dollar acquisition by zoom video communications inc. zm. five9 is in talks with
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: U.S. oil futures settle at lowest since mid-November

Oil futures on monday posted a third-straight session decline, with u.s. prices settling at their lowest since mid-november. oil prices have remained under pressure on concerns over slowing demand, as well as some skepticism that the opec+ output cuts will
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: Lululemon’s stock down 2% after Wells Fargo downgrade with Nike gaining as new top defensive pick

Lululemon athletica inc.’s stock lulu fell 2% monday, after wells fargo downgraded the yoga gear maker’s stock to equal weight from overweight, and said it’s taking its chips off the table following a strong year-to-date run. the stock has gained 42.
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: Tesla EVs to be phased out at car-rental company Sixt, which cites low resale value: report

Car-rental company sixt xe:six2 is phasing out tesla inc.’s evs from its fleet due to lower resale value, bloomberg reported monday, citing an email to customers from the german company that it had viewed. tesla’s price cuts hit residual values and hig
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: Twilio’s stock slides 2% after company announces to cut 5% of workforce

Twilio inc.’s stock twlo fell 2% early monday, after the cloud computing company said it plans to cut 5% of its global workforce and book million to million in severance charges. the company’s most recent filing with the securities and exchang
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: U.S. stocks open lower after rallying five straight weeks

The u.s. stock market opened lower monday, with investors appearing to take a breather after all three major benchmarks rose for five straight weeks. the dow jones industrial average djia was trading 0.4% lower soon after the opening bell, while the s&p 50
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: Southwest Gas plans Centuri Holdings spinoff IPO by summer of 2024

Southwest gas holdings inc. swx said monday it plans to pursue an initial public offering of of centuri holdings inc. to separate it from the company by the spring or summer or 2024 once it finds a chief executive for the utility infrastructure company. cu
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: Uber’s stock up 4.2% after being added to S&P 500; Oppenheimer raises price target to from

Uber technologies inc.’s stock uber soared 4.2% early monday, after the ride-sharing company’s stock was added to the s&p 500, prompting oppenheimer to raise its price target to from and reiterate its outperform rating, the equivalent of buy.
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: EV charger Wallbox rallies on investment from Generac

Wallbox’s stock wbx was rallying by 22% monday after generator specialist and s&p 500 spx component generac holdings inc. gnrc said it made a minority investment in the electric-vehicle charging company. financial terms were not disclosed. generac will a
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: Verizon to offer a Netflix and Max bundle for monthly

Verizon communications inc. vz plans to offer a bundle containing ad-free netflix and max for a month combined to customers of its myplan service. these wireless plans let customers choose which streaming services, bundles or other offers they want to
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: Brookfield evaluating potential next steps after Origin Energy shareholders reject buyout plan

Brookfield asset management bamca:bam and brookfield renewable partners bepca:bep.ut said they will evaluate their next steps, if any, after origin energy ltd. au:org shareholders rejected a .6 billion takeover proposal with private-equity firm eig. ori
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: EyePoint Pharmaceuticals’ stock soars 362% after company announces positive data from trial of wet AMD treatment

Eyepoint pharmaceutics inc.’s stock eypt rocketed 362% early monday, after the company announced positive results from a phase 2 trial of its eyp-1901 treatment for wet age-related macular degeneration, or wet amd. the company said the study combining vo
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-04

: Tesla’s stock heads for 3rd straight loss in wake of Cybertruck launch

Shares of tesla inc. tsla slumped 1.7% in premarket trading friday, putting them in danger of a third-straight loss, as the much-anticipated launch of electric vehicle giant’s cybertruck hasn’t provided a fresh buying spark. the stock has lost 2.7% ove
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Pfizer’s stock falls 4% after saying it will not move to Phase 3 trial of weight-loss drug as twice-daily formation

Pfizer inc.’s stock pfe fell 4% premarket friday, after the company said it’s not planning to push ahead to a phase 3 trial of a twice-daily formulation of its oral glp-1 candidate in adults with obesity and type 2 diabetes after high rates of adverse
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Fisker stock bounces after EV maker cuts production guidance to free up more than 0 million in liquidity

Shares of fisker inc. fsr bounced 5.7% in premarket trading friday, following the previous session’s close at a record low, after the electric vehicle maker said it decided to cut december production to free up more than 0 million of liquidity. the co
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: AIG to sell more than 0 million worth of Corebridge Financial stock, less than a month after selling billion

American international group inc. aig said friday that it will sell off another 35 million shares of corebridge financial inc. crbg, but will remain a majority owner of the retirement services company. corebridge’s stock fell 2.5% in premarket trading, w
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Alibaba downgraded by Morgan Stanley, which says PDD is top China e-commerce play

Alibaba baba was downgraded to equal-weight from overweight at morgan stanley, with its price target cut to from 0. the bank said a fundamental turnaround is happening more slowly than it had assumed for both taobao and tmall and the cloud business,
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Amazon hires three rocket launches from Musk’s SpaceX

Amazon.com inc. amznsaid friday it has hired elon musk’s spacex for three falcon 9 rocket launches to support deployment plans for project kuiper, amazon’s low earth orbit satellite broadband network. the deal, the first between the companies, is cons
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Dow posts highest close in nearly 2 years, equities extend rally to five straight weeks

U.s. stocks powered higher on friday, shrugging off tough talk from federal reserve chairman jerome powell about it being too early to talk about rate cuts. the dow jones industrial average djia gained about 294 points, or 0.8%, ending near 36,245, accordi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Oil futures mark back-to-back losses with traders skeptical of OPEC+ output cuts

Oil futures finished lower on friday for a second session in a row. traders looked to a decision by opec+ to cut production further in the first quarter with skepticism. “it seems traders either aren’t buying that members will be compliant or don’t v
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Gold futures climb nearly 2% to their highest levels on record

Gold futures rallied friday, with prices reaching record settlement and intraday highs on comex. gold prices surged as the market reacted to the escalating tensions in the middle east, said bas kooijman, ceo and asset manager of dhf capital. the escalation
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Ulta Beauty’s stock up 11.7% and on track for biggest one-day gain since May of 2022

Ulta beauty inc.’s stock ulta rose 11.7% friday to put it on track for its biggest one-day percentage gain since may 27, 2022, when it rose 12.5%, according to dow jones market data. the stock has gained for seven straight days, chalking up a 17.5% gain
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: U.S. stocks open lower after strong November as investors await Fed Chair Jerome Powell

U.s. stocks opened lower on friday, kicking off december with a slight decline, as investors await remarks from federal reserve chair jerome powell. the dow jones industrial average djia was down less than 0.1% soon after the opening bell, while the s&p 50
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Norfolk Southern stock rises after BofA upgrades railroad to buy

Norfolk southern corp.’s stock nsc was up by 2.2% in premarket trading on friday after bofa analyst ken hoexter upgraded the rail transport company to buy from neutral and raised the firm’s price target to 8 a share from 4 a share. “ns has de
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Canopy Growth sells BioSteel Canada to Coachwood Group

Canopy growth corp. cgcca:weed said friday it completed the sale of its biosteel sports drink for gross proceeds of c.4 million (.4 million) in two separate transactions. coachwood group, a canadian firm in the nutraceutical, sports nutrition, and he
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Nio’s stock falls after November delivery growth underperforms rivals

Shares of nio inc. nio fell 0.8% in premarket trading friday, after the china-based electric vehicle maker reported november delivery growth that was well below that of its rivals. nio said it delivered 15,959 vehicles in november, up 12.6% from the same p
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Neiman Marcus walks away from billion merger offer from Saks Fifth Avenue: WSJ

Neiman marcus group llc this week rejected a billion offer to be acquired by saks fifth avenue llc, the wall street journal reported friday, citing people familiar with the deal. in the latest chapter of merger talks stretching back for more than a deca
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Brookfield Asset Management raises billion for private infrastructure investments

Brookfield asset management ltd. bam said friday it drew in billion in investor commitments for brookfield infrastructure fund v, its flagship global infrastructure vehicle and the largest fund ever raised by brookfield. digitalization, decarbonization
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-12-01

: Bank of America rises in premarket trade as big bank stocks look to end the month in positive territory

Bank of america corp.’s stock bac was up 0.3% in premarket trading on thursday as the megabank looks to end the month in positive territory. as of wednesday’s close, bank of america’s shares had gained more than 19% in november, for their first posit
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Big Lots stock up 7% after company posts narrower-than-expected Q3 adjusted loss

Big lots inc.’s stock big rose 7% in early trade thursday, after the wholesaler posted a narrower-than-expected third-quarter adjusted loss. columbus, ohio-based big lots had net income of .7 million, or 16 cents a share, for the quarter, after a los o
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Ford stock rallies after reinstating 2023 guidance, with FCF above current expectations

Shares of ford motor co. f rallied 1.5% toward a one-month high in premarket trading thursday, after the automaker provided full-year guidance for profitability and free cash flow, after withdrawing guidance in october due to the labor strike. the company
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Whirlpool plans to sell up to 24% of its stake in Whirlpool of India in 2024, use proceeds to reduce debt

Whirlpool corp. whr said thursday it’s planning to enter one or more transactions to sell up to 24% of its stake in whirlpool of india ltd. in 2024. the appliance maker currently holds a 75% stake in the india unit via a wholly owned subsidiary and is pl
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: KKR and Hologic team up to create medical tech platform focused on lung cancer diagnostics

Private-equity firm kkr & co. inc. kkr, hologic inc. holx are teaming up to create a new platform aimed at accelerating innovation in medical technology with an initial focus on lung cancer, the leading cause of cancer deaths. the platform will be named ma
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Raymond James raises dividend to boost yield above 1.7%, sets new .5 billion stock buyback program

Shares of raymond james financial inc. rjf tacked on 0.3% in thursday’s after-hours session, after the regional bank raised its quarterly dividend by 7% and set a .5 billion stock repurchase program. shareholders of record on jan. 2 will receive the ne
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Altimmune’s stock soars more than 40% after biopharma company says trial of obesity drug led to weight loss

Altimmune inc. alt shares rallied more than 40% in the extended session thursday after the clinical-stage biopharma company said 391 people enrolled in a trial of its obesity drug pemvidutide lost weight taking the pill in conjunction with diet and exercis
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: UiPath’s stock soars toward a 19-month high after profit, revenue rise above expectations

Shares of uipath inc. path shot up 13.3% toward a 19-month high in after-hours trading thursday, after the automation-software company reported fiscal third-quarter adjusted profit and revenue that rose above expectations, amid strength in the licenses and
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: PagerDuty’s stock jumps on strong earnings, sales

Pagerduty inc.’s pd stock initially jumped 8% in extended trading thursday after the enterprise-software company reported quarterly results that edged analyst revenue and earnings estimates. pagerduty reported a fiscal-third-quarter net loss of .1 mil
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Dell’s stock is down on a revenue miss

Dell technologies inc.’s dell stock dipped 2% in extended trading thursday after the pc maker reported lower-than-expected quarterly revenue. dell reported fiscal-third-quarter net income of billion, or .36 a share, compared with net income of 1
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Dow rallies 500 points to cap off best month since October 2022

U.s. stocks stocks finished mostly higher on thursday as the dow capped off its biggest monthly gain since october 2022, dow jones market data show. among the major three indexes, only the nasdaq composite finished lower on thursday. but both the s&p 500 a
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

Market Extra: U.S. bond index heads for best month of returns in almost 4 decades amid rate-cut hopes

Agence france-presse/getty imagenovember is shaping up to be one of the best-performing months for bonds in nearly 40 years, driven by renewed hopes for one or more rate cuts by the federal reserve in 2024.the bloomberg us aggregate bond index, a broad-bas
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Dow Jones up 360 points, heading for best month since October 2022

U.s. stocks were mixed thursday in the final hour of trade, with the dow jones industrial average on pace for its highest close in at least a year. the dow djia was up about 366 points, or 1%, near 35,803 at last check, according to factset data. the s&p 5
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: U.S. oil futures settle more than 2% lower after OPEC+ announces voluntary output cuts

U.s. oil futures settled with a loss of more than 2% on thursday, even as opec+ announced that several of its member countries agreed to voluntary cuts totaling 2.2 million barrels a day for the first quarter of 2024. “while oil prices initially rallied
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Instacart’s stock is on track for its lowest close since its September IPO

The stock of grocery-delivery app instacart, which trades as maplebear inc. cart, is down 4.3% thursday to put it on track for its lowest close since its initial public offering in september, according to dow jones market data. the stock is well below its
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Target’s stock is having its best month in 3 years, while Walmart shares head for worst month this year

Shares of target corp. tgt climbed 1.2% toward a four-month high in afternoon trading thursday, as investors in the discount retailer enjoyed their best month in more than three years. the stock has run up 19.9% in november, which was highlighted by the 17
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Activist investor Nelson Peltz seeks seats on Disney board

Activist investor nelson peltz and his firm, trian fund management, are seeking seats on walt disney co.’s dis board in the latest episode of his proxy fight. trian fund management said thursday it “intends to take our case for change directly to share
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Meta challenges FTC’s ‘constitutional authority’ in lawsuit about consent agreement

In a bold move that could challenge the constitutional authority of the federal trade commission, facebook parent company meta platforms inc. meta filed a lawsuit thursday asking an appeals court to stop the ftc from re-opening a consent agreement that wou
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Pure Storage price target cut to from at Wedbush, after company’s revenue warning

Pure storage inc.’s stock pstg was down 12.8% to .06 in midday trading thursday, after the company issued fourth-quarter and 2024 revenue forecasts that missed wall street estimates. wedbush analyst matt bryson cut his 12-month price target to fro
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Oil prices drop as OPEC+ announcement offers no details on production cuts

Oil prices dropped in thursday dealings, giving up early gains, after an official press release from the organization of the petroleum exporting countries and their allies made no mention of what earlier news reports had said would be a deal for an additio
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: GameStop’s stock pulls back, after best two-day gain in 8 months

Shares of gamestop corp. gme dropped 10.6% in active morning trading thursday, to put a pause on the “meme”-like rally of the past two sessions. trading volume was about 9.0 million share, already more than the full-day average over the past 30 days of
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: EIA reports an unexpected weekly rise in U.S. natural-gas supplies

The u.s. energy information administration reported on thursday that u.s. natural-gas supplies in storage climbed by 10 billion cubic feet for the week ended nov. 24. on average, analysts surveyed by s&p global commodity insights forecast a weekly fall of
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Oil futures gain as OPEC+ reportedly reaches a deal to cut output by an additional 1 million barrels per day

Oil futures climbed on thursday after the organization of the petroleum exporting countries and their allies, together known as opec+, reached an agreement to reduce their monthly overall production by an additional 1 million barrels per day, according to
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: U.S. stocks open higher after fresh reading of Fed’s preferred inflation gauge

U.s. stocks opened higher thursday as investors weighed a fresh report on the federal reserve’s preferred inflation gauge. the dow jones industrial average djia gained 0.6% soon after the bell, while the s&p 500 spx rose 0.1% and the nasdaq composite com
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Johnson & Johnson buys medical device maker Laminar, cuts full-year earnings guidance

Johnson & johnson jnj said thursday that its medical technology segment has acquired medical device maker laminar inc. in a deal that will reduce its full-year 2023 and 2024 earnings per share. the company said it paid 0 million up front for the private
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Salesforce’s stock surge would add nearly 140 points to the Dow’s price

Shares of salesforce inc. crm soared 9% toward a near two-year high in premarket trading thursday, following customer relationship management software company beat third-quarter profit expectations and raised the full-year outlook. the implied price gain o
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

: Kroger’s earnings top estimates but company offers cautious guidance for full year amid food-at-home disinflation

Kroger co. kr posted better-than-expected third-quarter earnings early thursday, but offered cautious guidance for the full year amid continued near-term economic pressures and food-at-home disinflation. the company had net income of 6 million, or 88 ce
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-30

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