Rising cases in Europe and a number of geopolitical risks led to a sharp fall in U.S. stocks on Monday on the sale of risky assets on Wall Street. Dow Jones Industrial Average DJIA, -3.14% The pace for the fastest daily decline since April at the Factset data show stood …
Read More »Shares are slipping as ‘quadrilateral witching’ is shining the market
The size of the text Options linked to futures and individual stocks and indexes expire simultaneously. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite are all low. Shares are seeing a decline on Friday, although the indices may still gain slightly for the week, This Dow …
Read More »Donald Trump supports an Oracle Takeover of TikTok. Oracle Should Just Say No.
Text size Oracle founder and chairman Larry Ellison Phillip Pharaoh / Getty Images The week started with strange news: Oracle apparently considered a bid for TikTok. Even touching is that hardly anyone on Wall Street talks about it. This would be a big deal. Oracle (ticker: ORCL) is a 43-year-old …
Read More »Estimated profit for Alibaba Beat. Why his forehead falls.
Text size Alain Jocard / AFP via Getty Images Shares of Alibaba Group Holding traded modestly lower on Thursday despite posting results in June that were slightly better than Wall Street expectations. For the four-year period, the China-based e-commerce giant posted revenue of $ 21.8 billion, up 34% from a …
Read More »S&P 500 closes week near record high. Is this a stock market?
Text size Michael M. Santiago / Getty Images It’s like the bear market never happened. And maybe just did that. The stock market had another good week, with the S&P 500 index ending 0.6% to 3372.85; the Dow Jones industrial average rose 497.54 points, or 1.8%, to 27,931.02; and the …
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