News | Latest Breaking News Stories & Headlines

$30 billion worth of Nvidia shares changed hands daily on average over the past 30 sessions, pulling ahead of Tesla, which averaged $22 billion a day over the same time

Nvidia dethrones Tesla as Wall Street's most traded stock

Chipmaker Nvidia is replacing Tesla as Wall Street's most traded stock by value, adding to its prominence after becoming the third-most valuable US company and showing more evidence of how central AI-related bets have become to investors.

Business • 21 Feb 24

Flutter believes a US primary listing is the natural home for it given Fanduel's number one position in the US

Flutter Entertainment starts trading in New York

Dublin-based betting company Flutter Entertainment said today it will propose moving the primary listing of its shares from London to New York at the annual general meeting in May.

Business • 29 Jan 24

Microsoft has today overtaken Apple as the world's most valuable company today

Microsoft overtakes Apple as world's most valuable firm

Microsoft overtook Apple as the world's most valuable company today after the iPhone maker began 2024 with its worst start in years due to growing demand concerns.

Business • 11 Jan 24

Flutter Entertainment had decided in November to delist from Euronext Dublin

Flutter to list shares in New York from January 29

Gambling group Flutter Entertainment said today it was working towards an effective listing date of January 29 for its ordinary shares on the New York Stock Exchange and also plans to cancel its secondary listing in Dublin the same day.

Business • 08 Dec 23

Birkenstock shares have now dropped 18% from its IPO price on Wednesday

Birkenstock loses footing in second day on Wall Street

Shares of Birkenstock dropped another 6% yesterday, deepening losses after the German luxury sandal seller stumbled the day before in its Wall Street debut.

Business • 13 Oct 23

Rising bets that Nvidia's revenue target will once again surpass Wall Street estimates have lifted the stock about 19% from a two-month low hit last week

Nvidia shares hit new high ahead of quarterly results

Nvidia shares hit an all-time high today in a buildup in expectations over the quarterly results of the chip designer that has been the biggest beneficiary of a boom in artificial intelligence.

Business • 22 Aug 23

The move adds YouGov to the growing list of London-listed companies looking to shift their listing to Wall Street

UK's YouGov considers US listing - report

Britian's YouGov is considering listing in its "natural" US market after a recent acquisition doubled the polling company's size, non-executive chairman Stephan Shakespeare told the Financial Times.

Business • 14 Aug 23

Investors are betting on Apple's ability to grow its revenue even as it explores new markets such as virtual reality

Apple's market value breaches $3 trillion mark again

Apple's market capitalisation has today breached the $3 trillion mark for the first time since January last year, as investors bet on the iPhone maker's ability to grow its revenue even as it explores new markets such as virtual reality.

Business • 30 Jun 23

Nvidia set to become first trillion-dollar chip firm

Nvidia soared about 26% today taking it closer to a market value of $1 trillion after its stellar revenue forecast showed that Wall Street has yet to price in the game-changing potential of AI.

Business • 25 May 23

So, are this season's upbeat earnings being reflected in the stock market? It would appear not.

US earnings season draws to a close: 80% beat estimates

Earnings season is winding down in the US, with around 80% of companies so far beating estimates.

Business • 09 May 23

US journalist Evan Gershkovich pictured in 2021

US reporter charged with spying - Russian news agencies

Moscow has formally charged US journalist Evan Gershkovich with espionage, Russian news agencies have reported, adding that he had denied the accusations.

World • 07 Apr 23

EBay has refrained from providing a full-year outlook

EBay's bleak warning for H1 2023 slams shares

E-commerce company EBay has warned that demand was set to decline in the first half of 2023, after reporting a fall in fourth-quarter earnings due to strained consumer spending in its largest markets of US and Europe.

Business • 23 Feb 23

US stocks fell over 2% on Wall Street last night

Wall Street sees worst day of 2023 on higher rate fears

Wall Street posted its worst performance of the year last night, with the main indices ending down as investors interpreted a rebound in US business activity in February to mean interest rates will need to stay higher for longer to control inflation.

Business • 22 Feb 23

Goldman Sachs had 49,100 employees at the end of the third quarter this year

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

The S&P 500 sank 3.9% to finish the day at 3,749, a drop of more than 20% from its most recent peak on January 4 - the definition of a bear market

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 inflation.

Business • 14 Jun 22

Europe's main stocks index bounced off nine month lows this morning

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 sell-off after Russia's invasion of Ukraine.

Business • 25 Feb 22

Reuters reported in September that the company was hoping to hit a valuation of more than $15 billion by the time it planned to list its shares

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 initial public offering with US securities regulators.

Business • 16 Dec 21

Third quarter reports from Corporate America will begin to flow in this week

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

Investors have grown wary of fast price rises, even though the central bank has repeatedly said it views any inflation that occurs to be transitory

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 faster than expected.

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

Demonstrators outside the New York Stock Exchange building to protest against Robinhood Market amid GameStop stock chaos

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 of social media traders that it was closely monitoring potential wrongdoing.

Business • 29 Jan 21

Solid results from Netflix sparked a rally in shares of stay-at-home winners

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 a rally in shares of stay-at-home winners.

Business • 20 Jan 21

The electric-car maker's market capitalisation has passed $800 billion for the first time ever

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