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 »How Apple’s stock split will change hierarchical order in the 124-year-old Dow
Apple Inc. is planning a 4-for-1 stock split and has major implications for the Dow Jones Industrial Average, of which it is a key component. The iPhone maker announced Thursday that its board approved the stock split. The division will affect registered owners beginning August 24 and Apple AAPL shares, …
Read More »Electric vehicles are still hot. Li Auto Jumps on the first day of trading.
Text size LI Auto via Weibo Chinese electric vehicle startup Li Auto set the price for its initial public offering on Wednesday night. The shares opened for trading on Thursday, and were up a lot. Confirm at least one thing: electric vehicle stocks are still hot. Li Auto (ticker: LI) …
Read More »Stocks drop sharply, drop nearly 500 points after grim jobless claims, worst GDP reading ever recorded
US stocks traded lower on Thursday, chased by economic reports that showed the sharpest decline in GDP recorded in the second quarter and a weekly report of jobless claims suggesting that the rebound of the pandemic is losing steam. amid a further increase in COVID-19 cases. Lack of progress in …
Read More »Apple, Amazon, Google, Facebook: 5 things you should know
Here are five things you should know for Thursday, July 30: 1. – The point of futures of actions lowers considerably Shares plummeted on Thursday after the Federal Reserve issued a bleak outlook for the US economy and pledged its continued support, and the largest and most powerful tech companies …
Read More »