Latest Market News
Shares of Veris Residential Inc. VRE, +17.07% soared 19.6% toward a two-month high in premarket trading Friday, after the real estate investment trust focused on multifamily properties confirmed that it received an unsolicited buyout bid from Kushner Companies. Veris said the bid was for $16 a share, which is 28.8% above Thursday’s closing price of […]
Shares of Schlumberger Ltd. SLB, +3.95% rallied 0.9% in premarket trading Friday, after the oil services company reported third-quarter profit and revenue that beat expectations, with growth led by its well construction and production systems businesses as global activity strengthened. “The quarter was also supported by continued backlog conversion, strong technology adoption, and the growing […]
Snap Inc. stock’s SNAP, -30.12% 26.6% premarket decline on Friday dragged down other big tech names that rely on online advertising. Twitter Inc. TWTR, -4.64% was down 8% with a report that Biden administration officials are considering subjecting some of Elon Musk’s ventures to national-security reviews adding to the downdraft. Facebook parent Meta Platforms Inc. […]
• Natural gas falling inside impulse wave (c) • Likely to fall to support level 5.365 Natural gas continues to fall inside the short-term impulse wave (c) which previously broke the support level 6.500 (which stopped wave (i) in September) and the 61.8% Fibonacci correction of the upward price move from January. The active impulse […]
• EURGBP reversed from support level 0.8600 • Likely to rise to resistance level 0.8800 EURGBP currency pair recently reversed up with the daily Long-legged Doji from the pivotal support level 0.8600 (which has been reversing the pair from the middle of July), which stopped the previous wave C. The support level 0.8600 was further […]
A consumer survey from the American Bankers Association reports that 66% of Americans support allowing cannabis businesses to access banking services including checking accounts and business loans in states where cannabis is legal. Two-thirds of Americans support federal legislation from Congress to allow cannabis businesses to enter into banking services in the 39 U.S. states […]