Latest Market News
JD.com Inc. JD, -2.95% is sending more than 100 autonomous vehicles to Shanghai to help the city, which is under a strict lockdown due to a COVID-19 outbreak, with customer order deliveries, mobile cabin hospitals, and more. About 50 indoor delivery robots are being sent to help with the effort as well. “With AI technology […]
Shares of Protagonist Therapeutics Inc. PTGX, -21.83% tumbled 27.8% in premarket trading on Thursday, the day after the company disclosed in a securities filing that it expects data from a Phase 2 clinical trial for its ulcerative colitis treatment candidate in the second quarter. It also told investors that the Food and Drug Administration is […]
Shares of Goldman Sachs Group Inc. GS, -0.10% rallied 1.7% in premarket trading Thursday, which would be enough to keep futures YM00, -0.27% for the Dow Jones Industrial Average DJIA, -0.33% in positive territory, in the wake of bank and broker’s first-quarter earnings report. The stock’s implied price gain would add about 36 points to […]
Stocks were trading with small gains after the opening bell Thursday in the final session of a holiday-shortened week, as investors weighed a raft of earnings from big Wall Street banks. The Dow Jones Industrial Average DJIA, -0.33% rose 181 points, or 0.5%, while the S&P 500 SPX, -1.21% was up 0.2%. The Nasdaq Composite […]
Tesla Inc. shares TSLA, -3.66% slid 2.7% Thursday, after its Chief Executive Elon Musk launched an unsolicited bid for Twitter Inc. TWTR, -1.68%, raising concerns he may end up running three companies. Musk is offering $54.20 per each Twitter share he does not already own, valuing the social media platform at more than $43 billion. […]
An earlier version of this report had incorrect sales numbers for 2021 and 2020. It has been corrected. Steinway Musical Instruments Holdings Inc., a company created in 1853 to make pianos, launched its initial public offering on Thursday with plans to list on the New York Stock Exchange, under the ticker ‘STWY.” “We are a […]