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Shares of Microsoft Corp. MSFT, +3.50% surged 3.7% in morning trading Monday, to provide the biggest point boost among Dow Jones Industrial Average’s DJIA, +1.85% components. The software behemoth’s stock price gain of $8.55 added about 56 points to the Dow’s price, while the Dow rallied 545 points, or 1.8%. Microsoft’s stock rally comes even […]
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, […]
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 […]
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 […]
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% […]
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 […]