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Markets


Stocks drop after Fed update The Dow dropped more than 300 points at one point after the Fed’s update. With the Fed raising its inflation expectations and now seeing two rate hikes in 2023, investors decided to take risk off. The Dow was last down about 240 points. One bright spot was bank stocks with …

A New Shepard rocket launches on a test flight. Blue Origin Jeff Bezos’ space venture Blue Origin auctioned off a seat on its upcoming first crewed spaceflight on Saturday for $28 million. The winning bidder, whose name wasn’t released, will fly to the edge of space with the Amazon founder and his brother Mark on …

SAN FRANCISCO–(BUSINESS WIRE)–Affirm Holdings, Inc. (NASDAQ: AFRM), today announced that Michael Linford, CFO, will virtually participate in a fireside chat at the RBC Capital Markets Financial Technology Conference on Thursday, June 17, 2021. The discussion will begin at 1:20 PM ET. This fireside chat will be webcast live on the Company’s investor relations website at …

Clover Health featured at the Nasdaq Source: Nasdaq Shares of Clover Health surged again in premarket trading on Wednesday, continuing a dramatic move for a Medicare insurance stock that has become a favorite of traders on Reddit. Clover was trading at $25.19 per share in premarket trading, up 14% from its previous close. The stock …

techspert.io disrupts global knowledge landscape with move into energy and industrials space, and plans fast roll-out into more sectors CAMBRIDGE, England, June 9, 2021 /PRNewswire/ — techspert.io, the AI technology innovator connecting businesses with experts for domain-specific industry insights, announces today that it has formally launched into the global energy and industrial sectors, as it …

DUBLIN, June 8, 2021 /PRNewswire/ — The “Rear Wheel Steering Solution Driving the European Adaptive Steering Market” report has been added to ResearchAndMarkets.com’s offering. This report deep dives into each type of adaptive steering and provides a comprehensive analysis of the technologies. It analyzes the market trends in Europe and discusses their impact on the …

Wall Street closed out a week of mostly choppy trading with broad gains Friday, pushing the S&P 500 to its second straight weekly gain. The S&P 500 rose 0.9% and finished with a 0.6% gain for the week. Technology stocks were biggest gainers and did the most to drive the broader market higher. Microsoft rose …

Elon Musk, founder and chief engineer of SpaceX speaks at the 2020 Satellite Conference and Exhibition March 9, 2020 in Washington, DC. Musk answered a range of questions relating to SpaceX projects during his appearance at the conference. Win McNamee | Getty Images Bitcoin’s price fell Friday morning after Elon Musk posted a tweet suggesting …

A bitcoin mine near Kongyuxiang, Sichuan, China on August 12, 2016. Paul Ratje | The Washington Post | Getty Images GUANGZHOU, China — China’s Inner Mongolia region has proposed punishments for companies and individuals involved in digital currency mining as it looks to further crack down on the practice. The move comes after Chinese Vice …

DUBLIN–(BUSINESS WIRE)–The “5G in Defense Market by Communication Infrastructure, Core Network Technology, Fog Computing, Network Type, Ultra-Reliable Low-Latency Communications and Platform: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to ResearchAndMarkets.com’s offering. 5G communication technology is characterized by extraordinary speeds, low latency, and greater transmission density, which is fit to justify the …