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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

: U.S. oil prices settle lower for the first time in 3 sessions

U.s. benchmark oil futures settled with a loss on tuesday for the first time in three sessions. traders await this week’s u.s. supply data from the energy information administration due out wednesday morning, as well as sunday’s expected decision on oi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Home shopping stocks suffer after housing data disappoints

The stocks of online real estate marketplace providers suffered broad weakness tuesday, after data showing sales previously-owned homes fell below expectations. shares of opendoor technologies inc. open sank 6.6%, of redfin corp. rdfn dropped 3.1%, of zill
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Blackstone close to buying software company Civica for .5 billion: WSJ

Blackstone inc. bx is closing in on an acquisition of software developer civica for .5 billion, the wall street journal reported tuesday. the seller on the deal is partners group holding ag, another private-equity firm that paid about .3 billion for ci
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Visa’s stock on track for new record high, up almost 2200% from IPO price

Visa inc. shares v were up 0.7% in tuesday morning trading and on track to close at a new all-time high. the stock recently changed hands at 1.71; any close above the 0.93 recorded july 27, 2021 would mark a new record for visa shares. visa came publ
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Verizon’s stock heads for longest winning streak in more than a decade

Verizon communications inc. shares vz were up 1.3% in morning trading tuesday and on track to log their eighth session in a row of gains. that would make for the stock’s longest winning streak since the period that ended march 5, 2013, when it gained for
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Top Morgan Stanley executive Andy Saperstein diagnosed with cancer

Morgan stanley ms co-president andy saperstein has been diagnosed with cancer but plans to keep working while receiving treatment, a spokesperson from morgan stanley confirmed on tuesday. saperstein, 56, said he’s young and otherwise in good health and i
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Tesla’s stock rises toward a 3-day win streak, on its 2nd attempt to clear the 50-DMA

Shares of tesla inc. tsla rallied 2.2% in morning trading tuesday, to put them on track for a third-straight gain and second attempt to break through a closely watched chart level. the electric vehicle maker’s stock has tacked on 3.1% over the past three
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Jaguar Health’s stock drops after results supporting ‘paramount’ trial have not been received yet

Shares of jaguar health inc. jagx were mauled for a 21.2% loss in morning trading tuesday, after the drug maker said it has not yet received data supporting the phase 3 trial of its treatment of diarrhea in cancer patients receiving therapy. the company is
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: U.S. stocks open lower as S&P 500’s winning streak threatened ahead of Fed minutes

U.s. stocks opened lower tuesday, with the s&p 500 potentially snapping five straight days of gains, as investors await minutes from the federal reserve’s latest policy meeting. the dow jones industrial average djia was down 0.2% soon after the opening b
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: American Eagle Outfitters’ stock falls sharply in premarket trades

American eagle outfitters inc.’s stock aeo dropped 16% in premarket trading on tuesday after the midpoint of the retailer’s fourth-quarter operating income forecast range fell short of estimates. american eagle outfitters said its third-quarter net inc
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Broadcom and VMware win final approval to close merger, but their stocks fall

Broadcom inc. avgo and vmware inc. vmw expect to close their merger wednesday after receiving all necessary regulatory approvals, the companies said tuesday morning. the companies had been waiting on china to approve the billion deal, which had been an
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Abercrombie & Fitch earnings top estimates and retailer raises guidance, but stock still falls

Abercrombie & fitch co. anf posted better-than-expected third-quarter earnings on tuesday and raised its guidance, after a strong back-to-school season for its hollister brand. the new albany, ohio-based retailer posted net income of .2 million, or .
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Dick’s Sporting Goods rallies in premarket after it boosts its 2023 profit outlook

Dick’s sporting goods inc.’s stock dks was up nearly 9% in premarket trading on tuesday after the retailer beat wall street’s third-quarter profit estimate and raised its outlook for 2023. dick’s sporting goods said its third-quarter net income fel
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Wyndham says letter from hostile bidder Choice is a step backwards, says offer undervalues hotel chain

Wyndham hotels & resorts inc. wh said tuesday a letter it has received from choice hotels international inc. chh represents step backwards and the terms outlined are neither in wyndham’s interest or those of its shareholders. choice launched a hostile
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Kohl’s stock drops after profit tops expectations but same-store sales miss

Shares of kohl’s corp. kss dropped 3.3% in premarket trading tuesday, after the department store chain beat profit expectations but missed on same-store sales and trimmed its full-year revenue outlook. net income for the quarter to oc.t 28 fell to 1 m
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Best Buy’s stock slides premarket after revenue miss and as retailer lowers guidance

Best buy co. inc.’s stock bby fell 2.4% in premarket trade tuesday, after the electronics retailer posted weaker-than-expected third-quarter revenue and lowered guidance to reflect a choppy and uncertain environment. the company had net income of 3 mi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Merck paying 0 million for Caraway Therapeutics

Merck & co. inc. mrk said tuesday it agreed to pay up to 0 million to acquire caraway therapeutics, a preclinical biopharmaceutical company pursuing new approaches for the treatment of genetically defined neurodegenerative and rare diseases. the company
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Uber to offer .2 billion of five-year convertible bonds

Uber technologies inc. uber said monday it is planning to offer .2 billion of five-year convertible bonds. the ride-sharing company said it would use part of the proceeds to cover the cost of entering into capped call transactions that aim to reduce dilu
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Tempur Sealy expects acquisition of Mattress Firm to close in mid to late 2024

Tempur sealy international inc. tpx said monday it expects to close the acquisition of mattress firm in mid to late 2024. as soon as all regulatory approvals have been received. the lexington, ky.-based mattress company made the statement as it certified s
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Hormel raises dividend by 3%

Hormel foods corp. hrl said late monday that its board has authorized a 3% increase in the company’s annual dividend to .13 a share, from .10 a share. that’s the food company’s 58th consecutive annual dividend increase, it said. the first quarter
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Keysight stock gains after company eyes ‘recovery’

Shares of keysight technologies inc. keys rose more than 2% in the extended session monday after the maker of test and measurement equipment and software reported quarterly earnings above expectations, saying it was set up for a recovery despite a “chall
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Rivian product development chief moving to EVP role

Rivian automotive inc. rivn said in a filing late monday that the company’s chief product development officer nick kalayjian is moving to the role of executive vice president, and will continue to report to chief executive rj scaringe. scaringe assumes
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Agilent’s stock is rising on earnings, revenue beats

Agilent technologies inc.’s a stock initially rose 3.5% in extended trading monday after the company reported quarterly results that topped analyst revenue and earnings estimates. agilent posted fiscal fourth-quarter net income of 5 million, or .62
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: U.S. stocks close higher as S&P 500 leaves correction territory

U.s. stocks closed higher monday, with the s&p 500 exiting correction territory, as all three major indexes extended their three-week winning streak. the dow jones industrial average djia ended 0.6% higher, while the s&p 500 spx gained 0.7% and the nasdaq
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Oil prices score back-to-back session gains

Oil futures on monday scored a second straight session gain. expectations for the upcoming sunday meeting of the organization of the petroleum exporting countries and their allies are likely to “figure heavily into the evolution of trading this week,”
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Biden administration isn’t ending U.S. reliance on Elon Musk’s SpaceX, White House says

White house spokesman john kirby on monday told reporters that’s he’s “not aware” of any biden administration efforts to wean the u.s. government off spacex’s technology in response to founder elon musk’s apparent endorsement of antisemitic rhe
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Treasury yields fall after auction of 20-year bonds sees strong demand

A batch of billion in freshly issued 20-year treasury bonds saw strong demand on monday, pushing treasury prices higher. investors paid a slight premium, as the yield on bonds purchased at the auction was 0.9 basis point lower than what investors had b
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Morgan Stanley executive Jed Finn named head of wealth management

Morgan stanley ms on monday named jed finn as head of wealth management, reporting to andy saperstein, co-president of the firm, according to an internal memo seen by marketwatch. finn has been working at morgan stanley for 12 years, most recently as chief
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Biden says he believes a deal is near to free some hostages in Gaza

President joe biden on monday added to expectations that a deal is close that would result in the release of some hostages in gaza, as he responded a reporter’s question at the white house’s annual turkey-pardoning event. when asked if a hostage deal i
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Argentina ETF surges after Javier Milei’s decisive victory

The global x msci argentina etf argt soared 13% in early trade in new york, after javier milei scored a decisive victory in argentina’s presidential election. milei has proposed dollarizing the economy and closing the central bank to fight surging inflat
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Citigroup confirms ‘next layer of changes’ amid ‘difficult’ decisions

Citigroup inc. c on monday confirmed earlier plans to inform employees of a “next layer of changes” following a reorganization initially announced on sept. 13. “as we’ve acknowledged, the actions we’re taking to reorganize the firm involve some
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: U.S. stocks open little changed after three-week winning streak

U.s. stocks opened little changed on monday, after three straight weeks of gains, as investors await data on leading economic indicators. the dow jones industrial average djia was up less than 0.1% soon after the opening bell, while the s&p 500 spx edged u
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Bullish buys CoinDesk for undisclosed sum and names former Wall Street Journal editor to editorial committee

Crypto exchange bullish global said monday it paid an undisclosed sum to acquire coindesk, a media, events and index platform, from seller digital currency group. bullish chief executive said coindesk brings “acclaimed editorial coverage” to the compan
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: YPF’s stock soars as investors in the oil and gas company cheer the election of a new president in Argentina

The u.s.-listed shares of ypf sa ypf shot up 24.3% toward a one-month high in premarket trading monday, as investors in the argentina-based oil and gas company cheered the election of right-wing populist javier milei as the new president of argentina. the
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: McDonald’s to acquire Carlyle’s minority stake in McDonald’s China

Mcdonald’s corp. mcd said monday it has agreed to acquire carlyle’s cg minority stake in the partnership that operates and manages its business in mainland china, hong kong and macau. the fast food giant said the citic consortium will retain its contro
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Pacific Premier Bancorp repositions its balance sheet

Pacific premier bancorp inc. ppbi said monday it would take an after-tax loss of 2.3 million on the sale of .27 billion of lower-yielding agency and mortgage-backed debt securities, as part of a repositioning of its available-for-sale securities. the
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Wells Fargo employees at two bank branches launch unionization efforts: report

Workers at two wells fargo & co. wfc branches reportedly told the wall street journal they’re launching a unionization effort starting this week. in an industry with a tiny fraction of union representation, employees at wells fargo branches in bethel, al
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Amazon launches program to train millions of workers in AI: report

Amazon.com inc. amzn is launching a program that aims to train millions of workers in artificial intelligence as it seeks to compete for talent with rivals microsoft msft, google googl and others, the wall street journal reported on monday. the program, ca
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: NRG Energy CEO Gutierrez leaves company, as activist investor Elliott gets its wish

Shares of nrg energy inc. nrg rose 0.9% into record territory in premarket trading monday, after the energy utility said chief executive officer mauricio gutierrez has left the company after being named ceo eight years ago, and after 19 years with the com
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Citi closes sale of Indonesia retail banking franchise, declines to comment on layoffs

Citigroup inc.’s stock c was up 0.2% on monday as the bank said it closed the sale of its retail operations in indonesia in its ongoing plan to scale back its overseas operations. citi will continue its institutional banking efforts there. citi completed
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-20

: Disney, Warner Bros., Comcast, Paramount Global are the latest to pull ads from Elon Musk’s X

Add walt disney co. dis, warner bros. discovery inc. wbd, comcast corp. cmcsa and paramount global para to the growing list of major brands pausing advertising on elon musk’s embattled x. lions gate entertainment corp. lgf.a also said it would be pulling
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-18

: Tenet Healthcare selling three hospitals in South Carolina to Novant Health

Tenet healthcare corp. thc said friday it agreed to sell three hospitals and related operations in south carolina for about .4 billion in cash to novant health. the deal’s after-tax proceeds are about .75 billion. tenet healthcare expects to close th
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: BJ’s Wholesale stock falls as profit beats but same-store sales miss and the full-year outlook is cut

Shares of bj’s wholesale club holdings inc. bj dropped 3.5% toward a two-month low in premarket trading friday, after the membership-based warehouse retailer topped fiscal third-quarter earnings expectations but missed on same-store sales and provided a
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Exxon Mobil’s stock bounces after Gerdes gets bullish, citing valuation and growth drivers in Permian Basin, Guyana

Shares of exxon mobil corp. xom bounced 0.9% in premarket trading friday, after the oil giant was upgraded at gerdes energy research, citing valuation after the stock’s recent selloff. exxon’s stock has tumbled 14.8% since closing at a record 0.20 o
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Now-bankrupt former FTSE 100 company censured over market abuse

The financial conduct authority on friday censured nmc health for misleading the market about its debt. the company, which made it into the ftse 100 in 2017, “published a series of financial statements and several clarification announcements, which conta
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Short seller Jim Chanos to close hedge funds, return cash to investors: report

Legendary short seller jim chanos told the wall street journal friday that he is closing his hedge funds, saying that “the marketplace for what i do has changed.” chanos expects to return most of his investors’ cash by dec. 31, the newspaper reported
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Palo Alto Networks gets OK to repurchase more stock

Cybersecurity firm palo alto networks inc. panw said in a filing friday said that its board has approved the repurchase of up to an extra 6.7 million of the company’s stock. the ok from the board represents an increase to the company’s existing .3
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Nikola CFO’s Pasterick resigns

Shares of nikola corp. nkla dropped nearly 1% in the extended session friday after the ev maker said chief financial officer anastasiya “stasy” pasterick has resigned “to pursue other opportunities.” pasterick will continue to serve as cfo and assi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: U.S. stocks cap off biggest 3-week winning streak since 2020 as S&P 500 ekes out gain

U.s. stocks eked out marginal gains on friday to cap off the best three-week stretch for the s&p 500 and nasdaq composite since 2020, dow jones market data show. the s&p 500 spx gained 5.78 points, or 0.1%, to finish friday’s session at 4,514.02, accordi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Microsoft’s stock extends losses as OpenAI’s Altman departs as CEO

Microsoft corp. shares msft extended their decline late in friday’s session as openai announced that sam altman has stepped down as chief executive of the chatgpt creator. altman’s exit “follows a deliberative review process by the board, which concl
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Morgan Stanley paying .5 million fine for not erasing personal information on computers it sold

New york attorney general letitia james and a coalition of five attorneys general have reached a .5 million settlement with morgan stanley for allegedly “compromising the personal information of millions of customers nationwide.” the bank did not dec
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Oil prices finish sharply higher as OPEC+ reportedly mulls further output cuts

Oil futures climbed on friday, recouping most of the losses seen a day earlier that pulled prices to their lowest since july. saudi arabia is planning to prolong its voluntary oil production cut into next year, the financial times reported friday. the fina
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Palantir’s stock rises toward highest close in almost two years

Shares of palantir technologies inc. pltr were rising 3.4% in friday’s session toward their highest close in nearly two years. the stock recently changed hands at .43 and is on track to log its highest finish since nov. 30, 2021, when it ended at .
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Baker Hughes reports a weekly climb in active U.S. oil-drilling rigs

Baker hughes bkr on friday reported that the number of active u.s. rigs drilling for oil rose by 6 to 500 this week. that followed two consecutive weekly declines. the total active u.s. rig count, which includes those drilling for natural gas, also climbed
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Amazon to slash hundreds of Alexa jobs

Amazon.com inc. amzn is eliminating several hundred jobs related to its alexa smart assistant and shifting resources toward generative ai, the e-commerce company said in a memo to employees on friday. the company, which plans to eliminate positions in the
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Gap’s stock leaps toward a record daily gain after the retailer’s ‘most compelling’ earnings beat

Share of gap inc. gps gapped 20% higher at friday’s opening price of .39 thursday’s close was .67 — then kept climbing to be up 30.9% toward a 21-month high in morning trading, after the apparel retailer beat quarterly profit expectations by a
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: ChargePoint’s stock plunges toward record daily, weekly declines after CEO change, revenue warning

Shares of chargepoint holdings inc. chpt plunged 36.4% toward a record low friday, after the electric vehicle charging station company warned of a revenue miss and announced departures of two top executives. the stock was also headed for the biggest one-da
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: AT&T to create managed cybersecurity joint venture

At&t inc. t plans to create a standalone managed cybersecurity services joint venture, the company said friday. willjam ventures, a chicago-based investor, has agreed to make a capital investment in the new business. “at close, the new cybersecurity join
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Safe & Green Development’s stock has rocketed 16-fold in 2 days after withdrawal of share offering

Shares of safe & green development corp. sgd blasted 158% higher in active morning trading friday, and have skyrocketed 16-fold in two days. the stock has been halted for volatility once since the open, with volume swelling to 12.6 million shares to put it
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: U.S. stocks open mostly higher with Dow on track for third straight week of gains

U.s. stocks opened mostly higher friday, with the s&p 500 attempting a fourth straight day of gains. the dow jones industrial average djia was up 0.2% soon after the opening bell, while the s&p 500 spx rose 0.1% and the nasdaq composite comp edged down 0.1
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

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