Stock futures in the green as investors look to buy on current broad-based weakness in markets. Stock futures slide as investors await further insight into the state of the economy this week. The best 10% of Openfolio members had this return today. Ukraine announced limits on bitcoin purchases Friday to protect against capital flight as Russia’s war on the country pushes into a third month. The National Bank of Ukraine is banning bitcoin purchases made with the hyrvnia and is capping purchases made with foreign currencies at $3,300 a month.
- Stock futures in the green as investors look to buy on current broad-based weakness in markets.
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- For the week, the Dow finished down 1.85%, the S&P 500 tumbled 2.7%, and the Nasdaq crashed 3.8%.
- New Shakes Are Coming to Shake Shack (And You’re Gonna Like Them)Shake Shack’s summer shake offering is all about the chocolate.
- Despite the bearishness in the stock market, first-quarter corporate earnings continue to beat analyst estimates on both the top and bottom lines.
Twitter Investors Deal a Big and Humiliating Blow to MuskTwitter did not provide any details about the proposed takeover offer from billionaire FB stock price today Elon Musk at its annual shareholder meeting. For the week, the Dow finished down 1.85%, the S&P 500 tumbled 2.7%, and the Nasdaq crashed 3.8%.
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Wendy’s Stock Surges As Activist Nelson Peltz Mulls Takeover DealNelson Peltz and Trian Partners, Wendy’s biggest shareholders, are planning to arrange a takeover of the iconic burger chain. ‘Big Short’ https://en.wikipedia.org/wiki/Foreign_exchange_market Michael Burry Awakens Ghosts of the 2008 Financial CrisisThe sad memories of the 2008 financial crisis resurfaced on the markets after a cryptic tweet from ‘Big Short’ legend Michael Burry.
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Brent crude, the international benchmark, moved up 3.67% to $111.39 a barrel. Meanwhile, Coinbase’s CEO assured investors this week there was no question of bankruptcy — but it’s junk bonds are now worth almost as little as Russia’s. Elon Musk is aiming to secure new financing for his $44 billion Twitter takeover bid so it’s less risky and he’s less directly responsible for it, according to a Bloomberg report. In gaining commitments from new investors, Musk could eliminate the need for a margin https://dotbig.com/markets/stocks/FB/ loan as well as the potential that he puts up more of his cash if Tesla stock sinks. It indicates a way to close an interaction, or dismiss a notification. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Stockmarket.com and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
According to data from Fundstrat, of the 95 companies that have reported so far, or 19% of the S&P 500, results are beating profit estimates by a median of 6%. Meanwhile, revenue estimates have been beating by a median of 3%. US stocks plunged on Friday with the Dow notching its fourth straight losing week as investors brace for swift interest rate hikes. US stocks plunged on Friday, with the Dow Jones falling nearly 1,000 points as investors grappled with new comments from Fed Chair Jerome Powell that indicate bigger interest rate hikes ahead. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Personally, I think the probability of Fastly being acquired is higher than ever before. The market has lost faith in this former tech darling, and Fastly’s financial trajectory has simultaneously slowed and sunk deeper into the red.