News

Oct 17
Dow climbs nearly 600 points as stocks open sharply higher after Friday’s punishing selloff

U.S. stocks opened sharply higher on Monday, with the Dow Jones Industrial Average advancing nearly 600 points, as stocks rebounded following Friday’s punishing selloff. The S&P 500 SPX, +2.68% climbed 80 points, or 2.3%, to 3,663. The Dow DJIA, +1.84% gained 568 points, or 1.9%, to 30,203. The Nasdaq Composite COMP, +3.31% advanced 276 points, […]

Oct 17
Milestone’s stock jumps 25% on positive data for tachycardia treatment

Shares of Milestone Pharmaceuticals Inc. MIST, -2.89% gained 25.4% in premarket trading on Monday after the company said its experimental treatment for paroxysmal supraventricular tachycardia met the primary endpoint in a Phase 3 study. Paroxysmal supraventricular tachycardia is a type of arrhythmia. The treatment, etripamil, is a nasal spray. Milestone said it plans to submit […]

Oct 17
Schwab shares rise on record earnings per share

Charles Schwab Corp. SCHW, -1.14% stock advanced by 3.3% in premarket trading Monday after the broker said it posted its “strongest quarterly performance in company history” as it topped Wall Street expectations for profit and revenue. The brokerage firm said its third-quarter net income jumped 32% to $2.02 billion, to a record of 99 cents […]

Oct 17
Roblox stock surges after growth in September DAUs and bookings, while previous revenue estimates adjusted down

Roblox Corp. RBLX, +19.42% reported September metrics Monday that showed average daily active users (DAUs) rose 23% from a year ago to 57.8 million, which was down from 59.9 million in August but up from 52.2 million in July. Hours engaged for the month were up 16% to 4.0 billion, while estimated bookings increased 11% […]

Oct 17
Mastercard offers crypto trading to financial customers via alliance with Paxos Trust Co.

Mastercard Inc. MA, +2.67% shares rose 3.9% on Monday after it said it’s launching Crypto Source, a program to help financial institutions offer secure crypto trading capabilities and services to their customers. Mastercard’s financial institution partners will be able to engage in buy, hold and sell services for select crypto assets. Mastercard is weaving the […]

Oct 17
Germany leaves the US behind in top crypto economies in Q3: Report

The United States, which was the joint top-ranked crypto economy last quarter along with Germany, fell to seventh place in the rankings. 960 Total views 40 Total shares Germany has become the most favorable crypto economy in the world in the third quarter of 2022, according to a new report. The United States, the joint […]