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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

: 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

: Tesla’s stock bounces into positive territory, to erase losses suffered after CEO Elon Musk’s controversial comments

Shares of tesla inc. tsla edged up 0.4% in premarket trading friday, to reverse the losses suffered after a backlash over controversial comments made by elon musk, the electric vehicle giant’s chief executive officer. the stock has dropped as much as 1.1
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Canopy Growth’s stock rises after it says it’s found buyers for BioSteel sports drink units

Canopy growth corp.’s stock cgcca:weed was up 1.7% in premarket trading on friday after the canadian cannabis company said it identified two qualified buyers for its biosteel brand and assets. the anticipated proceeds of the deals are expected to improv
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Eli Lilly to build .5 billion plant in Germany to support rising demand for obesity, diabetes drugs

Shares of eli lilly & co. lly rose 0.67% in premarket trading friday after drug giant announced plans to spend .5 billion to build a new manufacturing facility in germany. the new facility is aimed at expanding lilly’s injectable product and device man
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: ChargePoint Holdings price target cut in half at Needham as stock drops after warning

Needham analyst chris pierce on friday cut his price target on chargepoint holdings inc.’s stock chpt to from after the electric-vehicle charging specialist lost its top executive and forecast third-quarter sales below the consensus view. chargep
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Berry Global raises quarterly dividend by 10% to 27.50 cents a share

Berry global group inc. bery said thursday it has raised its quarterly dividend by 10% to 27.50 cents a share. the plastics packaging company said the new dividend is payable dec. 15 to shareholders of record as of dec. 1. the stock has gained 1% in the ye
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: PulteGroup increases quarterly dividend to 20 cents a share from 16 cents

Pultegroup inc. phm said thursday its board of directors voted to increase the home builder’s quarterly dividend by 25% to 20 cents a share from 16 cents a share. shareholders of record as of dec. 19 will be paid the dividend on jan. 3. pultegroup chief
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Nice’s stock surges after profit rises above expectations, as cloud strength leads to record revenue

Shares of nice ltd. nice rallied 5.9% toward a two-month high in premarket trading thursday, after the israel-based business software company reported third-quarter earnings that beat expectations and raised the full-year outlook amid strong cloud revenue
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Bath & Body Works tops profit expectations and matches on sales, gives a mixed full-year outlook

Shares of bath & body works inc. bbwi gained 0.6% in premarket trading thursday, after the home fragrance and personal care company beat fiscal third-quarter earnings expectations, but provided a mixed full-year outlook, amid margin improvement and benefit
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Yum China announces 2024 share buyback in U.S. and Hong Kong for 0 million

Yum china holdings inc. yumc said thursday it has entered into share buyback agreements in the u.s. and hong kong for an aggregate 0 million in 2024. the move is part of a plan to return billion to shareholders and buybacks in the period stretching f
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: China ADRs trade lower ahead of Alibaba results

Chinese adrs were mostly lower in premarket trade ahead of alibaba’s results, and after a meeting between u.s. president joe biden and china president xi jinping didn’t result in new agreements on the economic front. alibaba baba, nio nio, xpeng xpev a
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Dolby shares fall on disappointing forecast

Shares of dolby laboratories inc. dlb fell 4.8% after hours on thursday after the audio and imaging technology developer forecast profit and sales for its next fiscal year that were below wall street’s expectations. management forecast fiscal 2024 sales
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Merck’s Keytruda gets approval to treat certain types of gastric cancer

Merck mrk said late thursday that the food and drug administration has approved its star cancer drug keytruda as treatment for some adult gastrointestinal cancers, alongside chemotherapy. approval was based on results from an advanced-stage trial that “d
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Applied Materials’ stock is falling despite earnings, sales beats

Applied materials inc.’s amat stock dropped 6% in extended trading thursday after the company reported quarterly results that topped analyst revenue and earnings estimates. applied reported fiscal fourth-quarter net income of billion, or .38 a share
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Dow snaps 4-day winning streak as November rally takes a breather

U.s. stocks finished lower on thursday, with the dow snapping a four-day winning streak while the s&p 500 and nasdaq composite eked out marginal gains, extending their winning streaks for a third day. the s&p 500 spx gained 5.38 points, or 0.1%, to 4,508.2
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Dow down 120 points in final hour of trade as November rally pauses

U.s. stocks were under pressure thursday, but off the session lows, in the final hour of trade as investors digested a batch of weaker economic data suggesting the effects of the federal reserve’s rate hikes have been kicking in. the dow jones industrial
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Oil prices settle at their lowest since July

Oil futures fell by nearly 5% on thursday as concerns over a potential slowdown in energy demand following downbeat u.s. economic data contributed to a drop in prices to their lowest settlement since july. data released thursday showed that u.s. industrial
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Amazon to launch online vehicle sales in 2024, and CarMax, Carvana stocks dive

Amazon.com inc. amzn announced thursday that it will launch online vehicles sales in the u.s., starting in 2024 with sales of hyundai motor co. kr:005380 vehicles. that sent shares of auto retailers carmax inc. kmx and carvana co. cvna diving in afternoon
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Foot Locker to be an official U.S. marketing partner of the NBA, but that doesn’t help the stock

Foot locker inc. fl announced thursday a multi-year partnership with the national basketball association, that makes the athletic footwear and apparel retailer the official market partner of the professional basketball league. “this exciting partnership
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Walgreens to close ‘nearly all’ of its stores and pharmacies for Thanksgiving, for the first time in its history

Walgreens boots alliance inc. wba said thursday that it will close nearly all of its stores and pharmacies for the thanksgiving holiday, for the first time in the company’s history. the company, which had a total of 8,701 retail stores in the u.s. as of
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: GE’s stock rallies toward a 6-year high, heads for best year on record

Shares of general electric co. ge continued their climb toward a six-year high thursday, as they keep on pace to have their best year on record. the stock rose 1.2% in morning trading, putting them on track for the highest close since nov. 10, 2017, accord
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: 3M to name its health care spinoff ‘Solventum’

3m co. mmm said thursday the name of the health care company it plans to spin off will be solventum, which comes from combining “solving” and “momentum.” the spinoff, which was announced in july 2022, is expected to be completed in the first half o
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Nio’s stock dives toward a 3-year low, amid downbeat outlook for China-U.S. relations

Shares of nio inc. nio took an 9.9% dive toward a three-year low in morning trading thursday, after a much anticipated meeting between u.s. president joe biden and china president xi jinping resulted in no new agreements on the economic front. downbeat com
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: EIA reports a 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 rose by 60 billion cubic feet for the week ended nov. 10. it also said supplies declined by 6 billion cubic feet for the week ended nov. 3. the eia ha
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Ayr Wellness stock falls sharply on reduced revenue view due to ‘temporary cultivation setback’

Ayr wellness inc.’s stock ca:ayr.aayrwf was down by about 12% thursday after the cannabis company warned its fourth-quarter revenue would be about flat with the third quarter’s result of 4.4 million, below the factset consensus estimate of 7.3 mi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

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