Tesla Inc. TSLA Shares, -3.81% it dropped 3.81% to $ 1,430.76 on Friday, in what turned out to be a favorable trading session for the stock market, with the NASDAQ Composite Index COMP, + 1.48% increasing 1.49% to 10,745.27 and the DIA Jones Industrial Average DJIA, + 0.43% increasing 0.44% …
Read More »Why Apple’s Stock Division Won’t Help The Dow
Text size Mladen Antonov / AFP via Getty Images Apple’s 4-for-1 stock split will greatly diminish its influence on the Dow Jones Industrial Average, where the iPhone maker now has the highest weight and the biggest positive influence this year. Apple (ticker: AAPL), whose shares ended Thursday at $ 384.76, …
Read More »Stock futures rise after Big Tech offers windfall profits
Stock index futures were aiming for a higher start for Wall Street on the last day of July on Friday after Apple and Amazon made windfall profits and Facebook and Alphabet, Google’s parent, beat expectations. However, the lack of progress in Congress on another financial aid bill, the continued increase …
Read More »Asian markets fall after bleak US GDP data.
Asian stocks fell on Friday when reports showed layoffs of US workers persist at high levels after the US economy contracted at an annual rate of nearly 33% in the spring, the worst quarter on record. The earnings reports, an indicator of how well companies are handling the consequences of …
Read More »UPS shares skyrocket to best day of all as surprisingly strong consumer demand yields big profits
Shares of United Parcel Services Inc. soared to their best day ever on Thursday as surprisingly strong consumer demand in the face of the COVID-19 pandemic offset the weakness in business demand and helped prepare the giant for delivering packages for the upcoming peak shopping season. Christmas came early for …
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