summary Cboe Global Markets is one of the largest global exchange operators. The company offers trading across a broad range of asset classes, including options, futures, US and European stocks, exchange-traded products (ETPs), global foreign exchange and products on the VIX index. Cboe maintains the largest options exchange in the United States and the largest…
Wal-Mart (WMT) is winning over American shoppers as inflation continues to take its toll. in the giant retail business Release of second quarter earnings, before the market opened Thursday, Wal-Mart reported same-store sales rose 6.30%. Meanwhile, rival Target (TGT), which reported second-quarter results Wednesday, saw sales drop 5.4% and shared a dismal outlook for the…
font size Networking giant Cisco Systems reported fourth-quarter earnings and sales that beat analyst estimates. Gabriel Boyes/AFP via Getty Images Stock futures traded with slight gains on Thursday after Wall Street closed lower following the release of minutes from the Federal Reserve’s July meeting which indicated that officials think they may have to continue raising…
Bitcoin (BTC) and ether (ETH) futures traders posted some of the biggest losses in more than a month as prices moved below support levels in the past two days – and collapsed from a period of stagnation. Bitcoin fell to just below $28,500 late Wednesday, marking one of the biggest two-day price declines since mid-June….
The most important news of the day about NVIDIA Corporation (NASDAQ: NVDA) is about the competitive landscape of the semiconductor industry and the company’s strategic moves in the market. NVIDIA AI Chips: Game Changers for Data Centers: NVIDIA CEO Jensen Huang emphasized the economic advantages of the company’s AI chips over traditional CPUs in data…
(Bloomberg) — Shares of Adyen NV fell after increased competition in North America contributed to the slowest revenue growth since its initial public offering. Most Read from Bloomberg Shares fell the most on record, dropping 23% to €1,140.80 at 10:29 am in Amsterdam. The Amsterdam-based financial technology company said Thursday that revenue growth in the…
font size The problem with PayPal is that consumers are returning to pandemic spending patterns with fewer online orders. Courtesy PayPal The applause for PayPaa’s new boss didn’t last long. The payment giant’s stock got a small bump when it announced this gut instinct CEO Alex Kress will take over as CEO next month. PayPal…
Zim Newark serves Asian and Gulf Coast trade. (Photo: Shutterstock/Daniel Wright98) More bad news from Zim, the world’s 10th-largest container-line operator and a major player in Asia-U.S. trade on the East Coast: After lowering its guidance for the full year in July, it posted a much bigger loss in the second quarter on Wednesday than…
New PayPal (PYPL) CEO and Dan Schulman’s successor, Alex Kress, is walking into a hornet’s nest. The past few years have not been easy for the payments giant. At the heart of PayPal’s woes are poor margins — a problem that has dogged the company for years, popping up quarter after quarter — and visible…
Trying to navigate the ups and downs of the stock market and predict the future direction can seem like a complex and daunting task. However, as with almost anything, simplicity is often key. One of the most straightforward strategies is to pay attention to it Insiders movements. After all, these corporate officers are privy to…