Business
April 30, 2024
64 views 4 mins 0

An options trade that wins if stocks continue to struggle into May

Market sentiment seems to have shifted from “buy every dip’ to “sell every rip” and this is being reflected across the board on all market indices. We’ll review an options spread to capitalize on this negative change in trend. The Dow Jones Industrial is headed for its first losing month in the last six. Here’s […]

Business
April 30, 2024
80 views 57 secs 0

DJT: Trump Media shares rise again; are up 50% in the last week

Jonathan Raa | Nurphoto | Getty Images Trump Media shares climbed 7% Tuesday, continuing a rise that has seen the Truth Social owner surge about 50% in the past week. DJT was trading at roughly $50 a share, about 30% below its opening price of $70.90 in late March. The stock has had several volatile […]

Business
April 30, 2024
70 views 2 mins 0

Trump Media shares rise again, jump 50% in the past week

Jonathan Raa | Nurphoto | Getty Images Trump Media shares climbed 7% Tuesday, continuing a rise that has seen the Truth Social owner surge about 50% in the past week. DJT was trading at roughly $50 a share, about 30% below its opening price of $70.90 in late March. The stock has had several volatile […]

Business
April 30, 2024
39 views 5 mins 0

Eight newspaper publishers sue Microsoft and OpenAI over copyright infringement

Sam Altman, CEO of OpenAI, during a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images Eight U.S. newspaper publishers filed suit against Microsoft and OpenAI in a New York federal court on Tuesday, claiming the technology companies reuse their articles without permission […]

Business
April 30, 2024
75 views 5 mins 0

McDonald’s and other big brands warn that low-income consumers are starting to crack

McDonald’s employee giving change to a customer. Jeffrey Greenberg | UIG | Getty Images Some of America’s best-known corporations are saying their consumers are feeling pinched by inflation as prices continue rising. Inflation has dominated corporate America’s discourse over the past three years following the pandemic-induced easing of monetary policy and trillions of dollars in […]

Business
April 30, 2024
91 views 7 mins 0

Cocoa Price Swings Show How Liquidity Crunch Fuels Wild Trading

(Bloomberg) — The cocoa market was whipsawed by extreme volatility in the futures market on Tuesday amid a lack of liquidity. Most Read from Bloomberg After more than doubling this year, futures traded in New York experienced a historic crash this week, at one point falling as much as 27% for the biggest two-day decline […]

Business
April 30, 2024
91 views 4 mins 0

Amazon set to report first-quarter earnings after the bell

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon will report first-quarter earnings after the bell on Tuesday. Here’s what analysts are expecting according to LSEG: Earnings per share: 83 cents Revenue: $142.5 billion Wall Street is also […]

Business
April 30, 2024
10 views 3 mins 0

Amazon beats on profit and revenue, with growth of 13%

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon reported better-than-expected earnings and revenue for the first quarter, driven by growth in advertising and cloud computing. The stock ticked higher in extended trading. Here’s how the company did: […]

Business
April 30, 2024
5 views 4 mins 0

Amazon beats on top and bottom lines

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon reported better-than-expected earnings and revenue for the first quarter, driven by growth in advertising and cloud computing. The stock ticked higher in extended trading. Here’s how the company did: […]

Business
April 30, 2024
10 views 5 mins 0

Amazon profit more than triples, topping Wall Street expectations

Amazon reported better-than-expected earnings and revenue for the first quarter, driven by growth in advertising and cloud computing. The stock ticked higher in extended trading. Here’s how the company did: Earnings per share: 98 cents vs. 83 cents expected by LSEG Revenue: $143.3 billion vs. $142.5 billion expected by LSEG Wall Street is also looking […]