US stock indices ended higher on Tuesday, crowning the best quarter for Wall Street in about 20 years, after sound economic data helped offset concerns over a COVID-19 surge in USA The S&P 500 SPX, + 1.54% It gained 1.5% to 3,100. The Dow Jones Industrial Average DJIA, + 0.84% …
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Following a report by Uber Technologies Inc. UBER, + 4.89% is considering acquiring food delivery company Postmates for around $ 2.6 billion, Evercore ISI analyst Benjamin Black had a mixed view of the possible deal. “If the deal were approved by regulators, we believe the street would see it as …
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Bernstein analyst Todd Juenger said Alphabet from Alphabet Inc., + 1.49% GOOG, + 1.33% The decision to raise its YouTube TV price to $ 65 a month from $ 50 a month highlights the underrated pricing power that Netflix Inc. NFLX, the other streaming medium, + 1.74% have. “The biggest …
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FedEx Corp. shares rose Tuesday night after the logistics and delivery company reported better-than-expected adjusted earnings and sales in its fiscal fourth quarter as rising online shopping amid the pandemic coronavirus compensated for higher costs and thinner margins. FedEx FDX, + 4.21% reported a loss of $ 334 million, or …
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It has been the best and worst time for US equities benchmarks in the past two quarters, and that is perhaps the reason why Wall Street analysts face their most perplexing challenge yet. The Dow Jones Industrial Average DJIA, + 0.84% and the S&P 500 SPX, + 1.54% According to …
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