Day: October 20, 2022
Tesla Inc. TSLA, -6.65% Chief Executive Elon Musk plans deep cuts at Twitter Inc. TWTR, +1.18% should he end up with the embattled company, according to a report in The Washington Post on Thursday. The world’s richest man has informed prospective investors in his deal to acquire Twitter that he intends to slash 75% of […]
Tenet Healthcare Corp. THC, -0.26% shares dropped in the extended session Thursday after the hospital operator forecast an outlook that came up short of Wall Street expectations while announcing a share buyback program. Tenet shares fell 21% after hours, following a 0.2% decline in the regular session to close at $54.32. Tenet forecast adjusted earnings […]
U.S. stocks finished lower on Thursday for the second day in a row as yields on the 10-year and 2-year Treasury notes advanced to their highest levels in more than 14 years, causing early earnings-inspired gains in equities to evaporate. The S&P 500 SPX, -0.80% finished off 29.38 points, or 0.8%, at 3,665.78. The Dow […]
Revlon Inc. REV, -5.34% said late Thursday a New York Stock Exchange committee rejected its appeal to not delist its stock and expects to be delisted “in the hear future.” Back in August, Revlon shares tumbled when a bankruptcy judge denied minority shareholders a special committee to represent them. Revlon shares fell 5.3% to close […]
Oil futures ended on a mixed note Thursday, with the November U.S. benchmark contract ending higher on its expiration day, but the December contract little changed. Oil found some support from reports that China is looking to cut the duration of quarantine for inbound visitors, “in a sign that perhaps the government might be looking […]
The U.S.-listed shares of Manchester United Ltd. MANU, -0.43% fell 0.4% in afternoon trading Thursday, after the English Premier League football club issued a statement saying forward Christiano Ronaldo will not be part of the squad for the next game on the weekend. The statement comes after the player was seen leaving the field before […]
The U.S.-listed shares of China-based Nio Inc. NIO, +0.78% gained 0.1% in afternoon trading Thursday, after closing the previous session at the lowest price since July 2020, despite the 6.7% selloff in rival electric vehicle maker Tesla Inc.’s stock TSLA, -6.81% after disappointing third-quarter results. Meanwhile, shares of fellow China-based EV makers XPeng Inc. XPEV, […]
Gold futures climbed on Thursday, finding support from a pullback in the U.S. dollar to edge up from the more than three-week low they finished at a day earlier. “It looks like a matter of when will gold break the September lows, but for now it is stabilizing as it seems it will need a […]
Options traders are ready for a big move in Snap Inc.’s stock SNAP, -0.41% on the day after the social media company reports third-quarter results, but it’s actually less than the average post-earnings move. Snap is slated to report earnings after Thursday’s closing bell. An options strategy known as a straddle, which is a pure […]
• USDCHF under bearish pressure • Likely to fall to support level 0.9930 USDCHF under the bearish pressure after the price reversed down from the major resistance level 1.0050 (which stopped all upward impulses from the middle of May). The resistance level 1.0050 was strengthened by the upper daily Bollinger Band and by the resistance […]
