Friday, November 29, 2024

CATEGORY

Stock Market

DraftKings posts surge in revenue, hikes full-year sales guidance

DraftKings Inc. rang up a huge spike in revenue and raised its full-year sales guidance on Thursday, sending its stock up nearly 2%...

Airbnb is debuting an ‘Up’ house that levitates and 10 other pop-culture-themed rentals

After its ”Barbie” Malibu Dreamhouse house last year lit up the internet, Airbnb Inc. wants to make going viral a more regular thing. Source...

Northrop Grumman gets B-2 bomber contract with $7 billion ceiling

Northrop Grumman Aerospace Systems received a contract with a ceiling of $7 billion to modernize and sustain U.S. Air Force B-2 aircraft. Source link...

Amgen expects data from weight-loss drug trial later this year

Plans for more trials are proceeding apace, drugmaker says. Source link

Block’s stock shoots higher as Square parent boosts its earnings outlook

Also contributing was momentum across the company’s two main business areas, the Cash App mobile wallet and the Square merchant business. Source link

Oil holds steady as traders weigh rise in U.S. supplies, Middle East cease-fire talks

Oil futures end on a mixed note Thursday, but remained on track to post notable losses for the week. Source link

May is usually a good time to buy Treasuries. Why investors may want to disregard this seasonal noise.

One of Wall Street’s oldest adages — “sell in May and go away” — has tempted stock-market investors into dumping equities this month...

We’re all paying a high price for letting corporations have free rein over us

Deliberately weakening social protections has created greater financial and economic insecurity. Source link

April jobs report expected to show 240,000 gain in U.S. hiring

Scattered signs of a slowdown in hiring suggest the April employment report could be a softer one, but Wall Street isn’t betting on...

‘Is this 1980 or 2024?’: The housing market has déjà vu — but don’t expect a crash

High mortgage rates are a ride that many U.S. homeowners have been on before. Ditto soaring home prices. Source link

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