Updated 5 hours ago Stocks to watch on Thursday: Paramount, Marathon Digital, Southwestern, Microsoft by Chelsea Dulaney , Reporter Paramount Global (PARA): Skydance Media CEO David Ellison discusses an all-cash offer for National Amusements, Paramount’s parent, with financial help from…
As if the egg on his face wasn’t enough, Gary Gensler also has sour grapes. An hour after the US Securities and Exchange Commission (SEC), the agency he chairs, approved just under a dozen Bitcoin ETFs, Gensler issued a statement…
Occidental Petroleum shares have been under pressure recently, and Berkshire Hathaway maintained its large stake in the energy company, according to a filing late Wednesday. Berkshire Hathaway’s stock position remains unchanged at a 27.7% stake in Occidental. Occidental shares closed…
Just like the last two years, Alibaba (NYSE: BABA) 2023 has been mostly a disappointment on the stock market front. For the record, shares are currently down 36% from this time last year. However, looking at the Chinese tech giant’s…
Check out the companies making headlines in midday trading. Citigroup – Shares fell more than 2% after a warning from the bank on Wednesday evening about a possible loss in the fourth quarter, due to the decline of the Argentine…
Banking giant Citigroup (New York Stock Exchange: C) fell in pre-market trading today. This comes after the bank warned that its fourth-quarter financial results would see a loss of $880 million due to the depreciation of the Argentine peso, leading…
US stocks fell on Thursday morning despite a new December inflation reading that was slightly hotter than economists had expected, raising new questions about the Federal Reserve’s path on interest rates. The S&P 500 (^GSPC) fell about 0.6% after the…
Omar Marquez | Rocket Lite | Getty Images The US Securities and Exchange Commission has just approved the exit of the first batch of spot Bitcoin exchange-traded funds from the US. The agency on Wednesday gave the green light to…
Check out the companies making headlines before the bell. Citigroup – Shares fell 1% after the bank warned investors Wednesday evening of a potential quarterly loss due to a decline in the Argentine peso and restructuring charges. Citigroup is scheduled…
Markets had a positive session on Wednesday, with all three major indices recording gains. It’s been a shaky new year for stocks, hot off the back of a strong 2023, as investors brace in anticipation of potential interest rate cuts…