Apple CEO Tim Cook opens the door of the newly renovated Apple Store on Fifth Avenue on September 20, 2019 in New York City. Kena Betancur | AFP | Getty Images Apple hit a $ 2 trillion market cap on Wednesday, doubling in value in just over two years. It …
Read More »Stock futures flat to S&P 500 notches new record
US stock futures were flat in the night trading on Tuesday, after the S&P 500 hit its highest level ever, erasing all losses from coronavirus sales. Dow futures rose 18 points. The S&P 500 and Nasdaq 100 futures won 0.04% and 0.05% respectively. On Tuesday, the S&P 500 returned to …
Read More »Stock futures are flying in overnight trading as the S&P 500 inches closer to record
A pedestrian pass for the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Stock futures were flat on Monday in the stock market as the S&P 500 again failed to reach a record high, set a level before the coronavirus crisis hit. Futures on the Dow Jones …
Read More »Traders choose the prize winners ahead of quarterly versions
It is the time of retail in the spotlight. Walmart, Home Depot, Kohl’s and Target are among the names reporting this week. This comes after July in retail sales recovered all pandemic losses from coronavirus. Delano Saporu, founder of New Street Advisors, said it makes sense to stay with the …
Read More »Rackspace shares experience on report that Amazon is in talks to invest in business
Rackspace Noah Berger | Bloomberg | Getty Images Shares of Rackspace jumped more than 15% Monday morning on a report that Amazon is in talks to invest in the cloud service business. Trading was stopped briefly due to volatility after the report was published in Reuters. A source familiar with …
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