Goldman Sachs to cut thousands of employees - source Goldman Sachs Group is planning to cut a couple of thousand employees to navigate a difficult economic environment, a source familiar with the move said. Business • 16 Dec 22
Wall Street shares sink amid inflation worries Wall Street stocks officially entered "bear market" territory last night after another drubbing as investors bet on more aggressive Federal Reserve rate hikes to address … Business • 14 Jun 22
Stocks rise after Ukraine panic, oil back below $100 Europe's main stocks index roared back today, lifting off nine-month lows with banks leading a broad-based rally as investors hunted for bargains following a bruising … Business • 25 Feb 22
Reddit jumps on IPO bandwagon with confidential filing Reddit, whose message boards became the go-to destination for day traders during this year's meme stock frenzy, has said it has confidentially filed for an … Business • 16 Dec 21
US earnings seen strong, despite supply chains & costs Investors are primed for another period of strong US profit growth as third-quarter reports from Corporate America flow in starting this week. Business • 12 Oct 21
GameStop raises more than $1bn in latest share offer Videogame retailer GameStop has raised about $1.13 billion in its latest share offering, cashing in further on a social-media-driven surge in its stock price. Business • 22 Jun 21
Wall Street drops on inflation jitters Wall Street's main indexes fell today, led by tech-related stocks, as investors feared that rising inflation could push the Federal Reserve to tighten monetary policy … Business • 11 May 21
Stock markets hit new records on US stimulus plan Asian markets rose overnight following a record-breaking session on Wall Street. Business • 02 Apr 21
Wall Street takedown In scenes reminiscent of The Big Short, Wall Street came under fire last week as lots of small traders ploughed money into GameStop. Business • 02 Feb 21
SEC warns it is monitoring trade after GameStop surge The US Securities and Exchange Commission has waded into the battle between small investors and Wall Street hedge funds, warning both brokerages and the pack … Business • 29 Jan 21
S&P 500, Nasdaq scale record highs The S&P 500 and the Nasdaq hit all-time highs on Wednesday as Joe Biden became the 46th U.S. president, while solid results from Netflix sparked … Business • 20 Jan 21
Tesla's market value crosses $800 billion Shares of Tesla jumped 4.9% today, taking the electric-car maker's market capitalisation to more than $800 billion for the first time ever. Business • 08 Jan 21
Tesla shares fall ahead of S&P 500 debut Shares of electric carmaker Tesla were down ahead of their debut on the S&P 500 today, as worries over a fast-spreading new coronavirus strain in … Business • 21 Dec 20
Airbnb prices shares above target in biggest US IPO Airbnb said last night it sold shares in its initial public offering (IPO) at $68 a piece, above its targeted price range, to raise around … Business • 10 Dec 20
Airbnb aims for up to $35 billion valuation in IPO Airbnb said today it is looking to sell up to $2.6 billion in stock in its planned initial public offering, which could value the home … Business • 01 Dec 20
Dow cracks 30,000, a psychological boost amid Covid-19 The Dow Jones clocked its fastest 10,000 point run up to cross 30,000 for the first time last night, giving the stock market a psychological … Business • 25 Nov 20
Tesla to join S&P 500, spark epic index fund trade Tesla is set to join the S&P 500 in December, a major win for chief executive Elon Musk that boosted the electric car maker's shares … Business • 17 Nov 20
World markets rise as US election race tightens European stocks reversed their earlier losses to end the day higher, as the race for the White House remained too close to call. Business • 04 Nov 20
Starbucks sees better-than-expected earnings for 2021 Starbucks has forecast 2021 earnings largely above estimates, helped by strong online orders and a recovery in demand following the initial hit from the Covid-19 … Business • 30 Oct 20
Alphabet sales growth revived as advertisers come back Google parent Alphabet last night said it powered back to sales growth, beating analysts' estimates for the third quarter as businesses initially hobbled by the … Business • 30 Oct 20
Tech shares tumble as US stocks retreat from records Wall Street stocks suffered steep declines last night, giving back some of the gains from a torrid August as investors cashed in amid worries about … Business • 04 Sep 20
Tesla to raise $5 billion through share offering Tesla has unveiled its biggest programme of new share sales in a decade as a public company, seeking to cash in on soaring Wall Street … Business • 01 Sep 20
Airbnb bans parties and events in Covid-19 fight There will be no more parties and events in homes listed on Airbnb, the short-term home rental company said today as it tries to enforce … Business • 20 Aug 20
NYSE reopens trading floor closed by coronavirus New York Governor Andrew Cuomo donned a face mask and rang the opening bell at the New York Stock Exchange yesterday. Business • 27 May 20
US markets buoyed by coronavirus hopes US stock markets jumped on Wednesday on hopeful signs that the coronavirus outbreak in the United States was close to a peak, with health insurers … News • 08 Apr 20
