Important points FedEx shares soared in after-hours trading on Thursday after the shipping giant announced plans to spin off its cargo business as a separate public company, overshadowing a downwardly…
Tag:
soars
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The Federal Reserve cut interest rates by a quarter of a point but signaled it would slow the pace of easing next year, sending the dollar soaring to a two-year…
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Important points Nissan and Honda confirmed they are considering a possible merger, according to a Nissan statement and media reports on Wednesday. Foxconn is also reportedly interested in Nissan stock.…
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Important points The S&P 500 ended flat on Friday, December 13, 2024, as attention shifted to next week’s Federal Reserve interest rate decision. Broadcom shares soared after AI sales soared,…
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Important points Broadcom shares soared in after-hours trading Thursday after the chipmaker reported better-than-expected earnings and issued a rosy outlook amid solid AI-led sales growth. Stocks are poised to break…
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Service Titan stock soared 42% in its first day of trading on the Nasdaq market Thursday. This is likely to be the last major IPO by a venture-backed unicorn this…
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Important points MetLife announced a new strategy called “New Frontier” to foster long-term growth. The five-year plan aims to grow profits, reduce expenses and increase free cash flow. CEO Michel…