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May 4, 2021

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Stock futures rise slightly ahead of first trading day of May

CNBC
CNBC – For more and to sign up click here Traders on the New York Stock Exchange Source: NYSE U.S. stock futures moved higher in overnight trading on Sunday as investors readied for the first trading day of May. Dow futures rose 75 points. S&P 500 futures gained 0.27% and......

GM: Pack ‘committed’ to Rodgers, not trading him

ESPN
GREEN BAY, Wis. — The Green Bay Packers still believe Aaron Rodgers will play for them in 2021, and perhaps beyond. They have no plans to trade him. That was general manager Brian Gutekunst’s message late Thursday night following the first round of the NFL draft, which came after sources......

Exxon retreated from oil trading in pandemic as rivals made fortunes

Reuters
An Exxon gas station is seen in Houston, Texas, U.S., April 30, 2019. REUTERS/Loren Elliott Exxon Mobil’s effort to build an energy trading business to compete with those of European oil majors unraveled quickly last year as the firm slashed the unit’s funding amid broader spending cuts, 10 people familiar......

Ad software company DoubleVerify up 28% on first day of trading

CNBC
CNBC – For more and to sign up click here DoubleVerify logo Source: DoubleVerify DoubleVerify, a company that builds software for digital media advertisers, was trading up 28% after launching its initial public offering Wednesday.  Shares opened at $35, up from its IPO price of $27, to reach a market......

S&P 500 futures fall slightly in overnight trading, Netflix shares tank

CNBC
CNBC – For more and to sign up click here Traders on the New York Stock Exchange. Source: NYSE Stock futures fell slightly in overnight trading Tuesday amid a sharp decline in Netflix shares, pointing to a third straight negative day on Wall Street. S&P 500 futures dipped 0.1% and......

Options on Coinbase Global start trading in robust volume

Reuters
People watch as the logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton Options on Coinbase Global Inc (COIN.O) started trading in healthy volume Tuesday, less than a week after......

Stock futures fall in overnight trading after Dow, S&P 500 close at record highs

CNBC
CNBC – For more and to sign up click here U.S. stock index futures declined in overnight trading on Sunday, after the S&P 500 and Dow Jones Industrial Average closed at record highs on Friday. Futures contracts tied to the Dow slid 69 points, or 0.2%. S&P 500 futures dipped......

Stock futures are flat in overnight trading after Dow closes above 34,000 for the first time

CNBC
CNBC – For more and to sign up click here Stock futures were little changed in overnight trading on Thursday after the Dow Jones Industrial Average crossed the 34,000 threshold for the first time ever. Futures on the Dow Jones Industrial Average dipped 10 points. S&P 500 futures traded near......

AppLovin shares close down 18.5% on first day of trading

CNBC
CNBC – For more and to sign up click here Mobile gaming company AppLovin closed down 18.5% on Thursday after beginning trading on the Nasdaq under the ticker “APP.” With shares at $65.20, the company has a market cap around $23 billion. The nine-year-old company is just the latest in......

Coinbase climbs 7% in premarket trading after landmark Nasdaq debut

CNBC
CNBC – For more and to sign up click here Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase shares surged in premarket trading on Thursday, a......

Bank of America tops estimates on Wall Street trading and banking, release of loan-loss reserves

CNBC
CNBC – For more and to sign up click here Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America reported on Thursday profit that topped Wall Street estimates on booming investment banking and trading results, as well as the release of loan loss reserves as fewer......

Goldman Sachs profit soars on global deals frenzy, trading boom

Reuters
(Reuters) – Goldman Sachs Group Inc surged past Wall Street expectations for first-quarter profit on Wednesday, as the U.S. investment banking giant capitalized on record levels of global dealmaking and a coronavirus-driven boom in equity trading. An unprecedented boom in private firms merging with listed shell companies to go public......

Buffalo, NY trading in snowmobiles for golf carts this winter

CBS News
CBS News – For more and to sign up click here Buffalo, NY trading in snowmobiles for golf carts this winter – CBS News Watch CBSN Live Last year, western New York saw one of its snowiest winters of all time, but so far this season, the city of Buffalo......

Malaysia’s Axiata, DiGi.Com shares suspend trading ahead of ‘material announcement’

Reuters
KUALA LUMPUR (Reuters) – Malaysia’s Axiata Group Bhd and DiGi.Com Bhd suspended trading of their shares on Thursday, pending a “material announcement”, both telecommunication companies said in exchange filings. Last month, local newspaper The Star reported citing sources that talks have resumed between Telenor ASA, the largest shareholder in DiGi.Com,......

Deliveroo shares rise 2% on first full trading day

BBC
https://www.bbc.co.uk/news/business-56659883 Some of the UK’s biggest investment fund managers, such as Aberdeen Standard, Aviva Investors, BMO Global, charity fund manager CCLA, Legal and General Investment Management and M&G said they would not buy shares in Deliveroo, citing concerns, including over the working conditions of its riders. BBC – For more......

Stock futures are flat in overnight trading after the Dow and S&P 500 close at records

CNBC
CNBC – For more and to sign up click here A woman takes a selfie with the ‘Charging Bull’ statue on February 17, 2021 in New York City. ANGELA WEISS | AFP | Getty Images Stock futures held steady in overnight trading Monday after the Dow Jones Industrial Average and......

Dow futures jump more than 100 points in overnight trading after blowout jobs report

CNBC
CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange. Source: CNBC Stock futures climbed in overnight trading on Sunday as investors cheered a strong bounce in U.S. job growth last month amid accelerating vaccine rollout. Futures on the Dow......

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