Treasury Secretary Steven Munuchi refused to extend some of the emergency loan programs jointly established with the Federal Reserve, which is due to expire on December 31. The Fed’s corporate credit, municipal financing and main street financing programs will not be renewed, Mr. Muchin said Thursday. The central bank expressed …
Read More »Nvidia crushed earnings estimates. Its stock is slipping
The size of the text A sign has been posted in front of the Nvidia headquarters Justin Sullivan / Getty Images Nvidia returned to its roots late Wednesday when earnings were reported to have outpaced the data-center business by selling videogame chips, as the company re-established itself in a position …
Read More »Carnival and Norwegian cruise lines sell more stock. Here is what they will do with the money.
The size of the text Carnival’s Ecstasy cruise ship, docked at Jacksonville harbor, amid a coronavirus outbreak in late March. Sam Greenwood / Getty Images U.S. Two of the three major cruise operators have announced capital increases this week, the latest in a series of similar moves in recent months …
Read More »Apple Pull Event: Expected new Mac computers with in-house processing power
Apple Pal Inc. The excitement for the new iPhones has helped keep the company’s share price at a record high, with the nearly 40-year-old workhorse showing impressive growth in recent years: Mac Mac. Computer line sales rose 29% to a record 9 9 billion in the previous quarter. Apple has …
Read More »S&P futures and global stocks hit election day
U.S. Stock futures and international markets traded higher in the last few hours before the start of Election Day celebrations. By noon on Tuesday in Hong Kong, E-Mini S&P 500 futures were up 0.5%. In the previous session, the Dow Jones Industrial Average rose 1.6%, recovering from its worst week …
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