1151 days ago
Activision Blizzard Inc. was among the best performers on the S&P 500 Friday with a 9.4% gain to $101.39, following record results in 2020 with more than $8 billion in revenue and $2 billion in profit and company executives' bullish tone for 2021 and beyond. The last time the company's stock traded at those levels was in early 1984, according to FactSet. - WSJ
1151 days ago
While some old school stocks like our favorite video game retailer, Tootsie Roll, AMC or BlackBerry might bounce again, following another Reddit push, it seems rather unlikely that they'll reach the heights of January level - of course, this is nothing certain. In the end, the Wall Street rules prevail: some investors lost money, others won some. Some retail investor made a fortune, and most will end up losing a lot.
1151 days ago
The top 30 German stocks are pushing upwards with banks and industrial giants leading the charge on hopes for a global economic rebound
1154 days ago
In corporate news, e-commerce giant eBay jumped $3.08, or 5.3%, to $61.12, after the company’s profit climbed, beating analysts’ projections. PayPal rose $18.53, or 7.4%, $270.43, after reporting its earnings tripled from a year earlier. Chip maker Qualcomm slid $14.33, or 8.8%, to $147.97, after it posted revenue that came slightly below expectations and said its results were hit by supply constraints.- Bloomberg
1154 days ago
South Africa’s main stocks index advanced for a second day, up 0.4% by 10:12 a.m. in Johannesburg, with BHP Group Plc leading miners higher, and as Sasol Ltd. extended its rally to a third session as crude oil prices continued their climb, countering weakness in benchmark heavyweight Richemont and among banking shares. The gains contrasted with trading in Asia, where there were signs that a global stocks rally is faltering after earnings rolled in. See below, EZA ETF rushing upwards. Source: Bloomberg
