| Date | Time | Source | |
| 07/19/2024 | 6:01AM | IHMARKETNEWS | Microsoft Shares Drop 2% and CrowdStrike Plunges 21% Pre-Market Following Major Global Outage
Microsoft (NASDAQ:MSFT) – A widespread failure in Microsoft’s services affects many large companies globally. The outage, which extended from the U.S. to Asia, impacted the operations of many companies, causing issues from customer service to banking and airline operations, including McDonald’s, the London... More...>> |
| 07/18/2024 | 4:33PM | BW | Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends
The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.56 per share, payable on August 23, 2024 to stockholders of record on August 5, 2024. The Board of Directors of Citigroup Inc. also declared dividends on Citigroup’s preferred stock as follows: – 6.300... More...>> |
| 07/16/2024 | 3:28PM | IHMARKETNEWS | Mt. Gox Distributes Funds, Ether ETF Outlook, Zcash Decentralized Finance, WLD Soars
Distribution of Mt. Gox funds and its impact on the Bitcoin market Kraken exchange customers were informed via email that Mt. Gox refunds had been transferred to Kraken, with distribution expected within 7 to 14 days. Arkham Intelligence noted the movement of 48,641 Bitcoins, valued at $3.1 billion, from a Mt. Gox fiduciary... More...>> |
| 07/15/2024 | 9:06AM | IHMARKETNEWS | Futures Pointing To Initial Strength On Wall Street
The major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to add to the gains posted last week. Following the substantial downturn seen over the course of Thursday’s session, stocks moved back to the upside during trading on Friday. With the upward move on the day, the Dow and... More...>> |
| 07/15/2024 | 6:34AM | IHMARKETNEWS | Alphabet Nears $23 Billion Wiz Acquisition, Trump Media Stock Soars 63% Pre-Market, and More
Alphabet (NASDAQ:GOOGL) – Alphabet is close to buying the cybersecurity startup Wiz for approximately $23 billion, marking its largest acquisition to date. Wiz, which offers AI-driven cloud security solutions, could close the deal soon. The stock rose 0.04% in pre-market trading. Trump Media (NASDAQ:DJT) –... More...>> |
| 07/12/2024 | 4:44PM | IHMARKETNEWS | U.S. Stocks Move Back To The Upside Following Yesterday’s Downturn
Following the substantial downturn seen over the course of the previous session, stocks moved back to the upside during trading on Friday. With the upward move on the day, the Dow and the S&P 500 reached new record intraday highs. The major averages gave back ground going into the close but remained firmly positive... More...>> |
| 07/12/2024 | 9:08AM | IHMARKETNEWS | Futures Pointing To Roughly Flat Open On Wall Street
The major U.S. index futures are currently pointing to a roughly flat higher open on Friday, with stocks likely to show a lack of direction following the substantial downturn seen over the course of the previous session. Traders may take a step back following the recent volatility in the markets, which saw stocks surge... More...>> |
| 07/12/2024 | 8:00AM | BW | Citigroup Reports Second Quarter 2024 Results
Today Citi reported second quarter 2024 results, which can be found on its website at https://www.citigroup.com/global/investors. A Quarterly Financial Data Supplement with additional financial, statistical and business-related information, as well as business and segment trends, is also available. Citi will host a conference... More...>> |
| 07/12/2024 | 6:30AM | IHMARKETNEWS | U.S. Index Futures Steady Ahead of Key Economic Data and Earnings Reports; Oil Prices Climb
U.S. index futures are little changed in pre-market trading this Friday, with traders focused on the imminent release of June’s producer price index results and the quarterly earnings reports from financial sector giants. As of 5:52 AM, Dow Jones (DOWI:DJI) futures were up 31 points, or 0.08%. S&P 500 futures... More...>> |
| 07/12/2024 | 6:28AM | IHMARKETNEWS | Ericsson Reports 14% Profit Increase, UBS Downgrades Tesla Shares, Ozempic Linked to Reduced Dementia Risk
Ericsson AB (NASDAQ:ERIC) – Ericsson AB exceeded analysts’ expectations in the second quarter, benefiting from cost-cutting measures amid a challenging market. The Swedish company reported a 14% increase in adjusted earnings before interest and taxes, reaching $307 million (3.23 billion Swedish kronor), excluding... More...>> |
| 07/10/2024 | 6:42AM | IHMARKETNEWS | Microsoft and Apple Exit OpenAI Board, TSMC Exceeds Forecasts with Record Revenue, and Other Key Updates
OpenAI, Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL) – Microsoft has given up its observer seat on OpenAI’s board, which has attracted regulatory attention in Europe and the US, following improvements in the AI startup’s governance over the past eight months. Apple, which recently integrated OpenAI’s... More...>> |
| 07/09/2024 | 6:54AM | IHMARKETNEWS | BP Slashes Profit Forecast by $700 Million; Morgan Stanley Predicts S&P 500 10% Drop, and More News
BP plc (NYSE:BP) – BP expects weak margins in its refining business to impact its second-quarter profits by up to $700 million. The decline in refining margins, due to excess renewable diesel in the US, is the main cause. Shares fell 3.5% in pre-market trading. Morgan Stanley (NYSE:MS) – Mike Wilson, Chief... More...>> |
| 06/28/2024 | 7:15AM | BW | Citi Securities Services Wins ETF Mandate from Asset Manager Nuveen
The mandate includes the addition of 23 new ETFs of approximately US$9 billion to Citi’s expanding ETF Services business Winning a new mandate from asset manager Nuveen, Citi Securities Services’ ETF Services business has onboarded 23 new ETFs with approximately US$9 billion in assets in North America. The book is... More...>> |
| 06/28/2024 | 6:50AM | IHMARKETNEWS | Nike Stock Drops 14% in Pre-Market; Nokia Acquires Infinera for $2.3 Billion, and More News
Nike (NYSE:NKE) – Nike shares fell 14.04% in pre-market trading. Nike exceeded fourth-quarter fiscal earnings estimates with adjusted earnings of $1.01 per share, but sales of $12.6 billion fell short of expectations. Annual revenue of $51.4 billion also missed the $51.6 billion target, despite adjusted earnings... More...>> |
| 06/27/2024 | 7:13AM | IHMARKETNEWS | Interactive Brokers Loses $48 Million on NYSE, Amazon Achieves Historic Market Value, and More News
Interactive Brokers (NASDAQ:IBKR) – Interactive Brokers revealed a loss of $48 million due to an error on the New York Stock Exchange that temporarily showed a 99% drop in the stock prices of some companies, including Warren Buffett’s Berkshire Hathaway. The broker attempted to claim compensation for the loss... More...>> |
| 06/25/2024 | 6:36AM | IHMARKETNEWS | SolarEdge Stock Falls 13%, Wegovy Approved in China, Grail Nasdaq Debut, Apple Rejects Meta Chatbot
SolarEdge Technologies (NASDAQ:SEDG) – SolarEdge Technologies faces a 13.1% drop in pre-market trading after announcing the issuance of $300 million in senior convertible notes due 2029 and revealing that PM&M Electric, a customer owing $11.4 million, has declared bankruptcy under Chapter 7. Novo Nordisk (NYSE:NVO... More...>> |
| 06/24/2024 | 7:00AM | IHMARKETNEWS | UPS Divests Coyote Logistics in $1.025 Billion Deal with RXO, Under Armour Agrees to $434 million Settlement, and More News
United Parcel Service (NYSE:UPS) – United Parcel Service will sell its Coyote Logistics unit to RXO for $1.025 billion. The transaction will be financed through equity and debt, including significant investments from MFN Partners and Orbis Investments. The sale allows UPS to focus more on its core business. Under... More...>> |
| 06/21/2024 | 8:00AM | IHMARKETNEWS | Honeywell Acquires CAES Systems for $1.9 Billion, Sarepta Therapeutics Surges 34%, Gilead Continues Gains
Honeywell (NASDAQ:HON) – Honeywell announced the acquisition of CAES Systems for $1.9 billion, focusing on expanding its aerospace and defense technology operations. Under the leadership of CEO Vimal Kapur since June 2023, Honeywell seeks growth in automation, future aviation, and energy transition, consolidating... More...>> |
| 06/20/2024 | 6:55AM | IHMARKETNEWS | Trump Media Resells Stocks and Warrants; KB Home Exceeds Q2 Expectations, and More News
Trump Media & Technology Group (NASDAQ:DJT) – Trump Media & Technology Group announced that the SEC approved the resale of shares and warrants, expecting to raise about $247 million. With the warrants now exercisable, they plan to expand Truth Social and consider mergers. The company’s stock has fallen... More...>> |
| 06/18/2024 | 7:02AM | IHMARKETNEWS | Fisker Files for Bankruptcy, Chegg Stocks Rise on 23% Workforce Reduction, and More
Fisker (NYSE:FSR) – The American electric vehicle manufacturer filed for bankruptcy last night, aiming to sell its assets and restructure debts following severe financial challenges in the production and delivery of its “Ocean” SUVs. Fisker, declaring bankruptcy under Chapter 11, reported assets valued... More...>> |