A bronze bull statue outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, June 3, 2024. India’s stock futures jumped after exit polls indicated a resounding victory for Prime Minister Narendra Modi’s ruling party in general elections that concluded Saturday. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images…
Check out the companies making headlines after the bell : Nike — Shares added nearly 1% after the sneaker giant and athletics apparel company renewed its uniform partnership with the NBA and WNBA. The company will be the exclusive provider of uniforms for both leagues for another 12 years. Zions Bancorporation — The regional bank…
Independent power producers Vistra , Constellation Energy and Talen Energy are positioned to benefit from a “paradigm shift” in electric demand from artificial intelligence data centers, according JPMorgan. The investment bank initiated coverage of the stocks Thursday with overweight ratings. Shares of the three power companies are poised for more upside even after their tremendous…
Bank of America topped analyst estimates for third-quarter profit and revenue on better-than-expected trading results. Here’s what the company reported: Earnings: 81 cents vs. 77 cents LSEG estimate Revenue: $25.49 billion vs. $25.3 billion estimate The bank said Tuesday that net income fell 12% from a year earlier to $6.9 billion, or 81 cents a…
Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images Stock futures were little changed in overnight trading Sunday as investors waited to assess whether the next batch of key corporate earnings could power the market to more records. Futures on…
Boeing 737 MAX airliners are pictured at the company’s factory in Renton, Washington, on Sept. 12, 2024. Stephen Brashear | AP Boeing will cut 10% of its workforce, or about 17,000 people, as the company’s losses mount and a machinist strike that has idled its aircraft factories enters its fifth week. It will also push…
JPMorgan Chase posted third-quarter results that topped estimates for profit and revenue as the company generated more interest income than expected. Here’s what the company reported: Earnings: $4.37 a share vs. $4.01 a share LSEG estimate Revenue: $43.32 billion, vs. $41.63 billion estimate JPMorgan said profit fell 2% from a year earlier to $12.9 billion,…
Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images U.S. stock futures were slightly down Thursday morning as investors looked ahead to the release of September’s consumer price index report. Futures tied to the Dow Jones Industrial Average traded near…
The Commodity Futures Trading Commission headquarters in Washington, DC, U.S. Ting Shen | Bloomberg | Getty Images KalshiEx has listed more than two dozen new options in recent days for the exchange’s customers to bet on political outcomes, including the presidential race, the popular vote and Electoral College margins of that race, and individual Senate…
A customer watches stock market at a stock exchange in Hangzhou, China, on September 27, 2024. Costfoto | Nurphoto | Getty Images SINGAPORE — The rally in Chinese markets lost steam on Tuesday after a briefing from the country’s National Development and Reform Commission provided few details on further stimulus. While mainland China’s CSI 300…
