A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.

The Xpeng P7 electric vehicle displayed outside the New York Stock Exchange on Aug. 27, 2020 when the Chinese electric vehicle launched its initial public listing. Jeenah Moon | Bloomberg | Getty Images BEIJING — Chinese companies are rushing to go public in the red-hot IPO market in the U.S. — before it loses steam. … Read more

Stocks making the biggest moves midday: Simon Property, Cisco, Sunrun & more

Shoppers walk through the King of Prussia mall in King of Prussia, Pennsylvania. Jennah Moon | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Sunrun — The solar stock popped 10% after Simmons Energy, a division of Piper Sandler, upgraded the stock to overweight from neutral. The firm said in … Read more

Stocks making the biggest moves premarket: Morgan Stanley, Sunrun, Comcast and more

Aaron Newsom, left, an installer for the solar company, Sunrun, and Tim McKibben, a senior installer, prepare solar panels to be installed on the roof of a home in Granada Hills. Mel Melcon | Los Angeles Times | Getty Images Check out the companies making headlines before the bell: Morgan Stanley (MS) — Morgan Stanley … Read more

Europe is focusing on ‘tech sovereignty’ as tensions flare between the U.S. and China

BRUSSELS, BELGIUM – DECEMBER 16: European Commissioner Thierry Breton. Anadolu Agency | Anadolu Agency | Getty Images LONDON — The European Union is investing billions of euros into what it believes are fundamental and core technologies as part of an effort to boost its tech sovereignty and reduce its dependency on the U.S. and China. … Read more

Stocks making the biggest moves midday: Twitter, Tilray, Under Armour, Lyft, GM & more

A photo illustration shows the suspended Twitter account of U.S. President Donald Trump on a smartphone at the White House briefing room in Washington, U.S., January 8, 2021. Joshua Roberts | Reuters Check out the companies making headlines in midday trading.  General Motors – Shares of the legacy automaker dropped about 3.5% after the company … Read more

Stock futures flat after stocks snap six-day winning streak

U.S. stock were flat in overnight trading on Tuesday following the regular session that snapped a six-day winning streak on Wall Street. Dow futures rose 35 points. S&P 500 futures gained 0.14% and Nasdaq 100 futures rose 0.13%. Better-than-expected earnings from Twitter, Lyft, Cisco Systems, Mattel and Yelp boosted sentiment on Wall Street. Lyft reported … Read more

Stocks making the biggest moves after hours: Twitter, Lyft, Enphase Energy and more

The Twitter App loads on an iPhone in this illustration photograph taken in Los Angeles, California. Mike Blake | Reuters Check out the companies making headlines after the bell on Tuesday: Twitter — The social media company’s shares were up 1% after-hours on better-than-expected results for the fourth quarter. Twitter earned 38 cents a share … Read more

Cisco earnings show Infrastructure Platforms, its biggest business, is still struggling

Chuck Robbins, chief executive officer of Cisco Technologies Inc., speaks during a panel session at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 17, 2017. World leaders, influential executives, bankers and policy makers attend the 47th annual meeting of the World Economic Forum in Davos from Jan. 17 – 20. Jason Alden … Read more

Fiscal stimulus prospects and strong earnings tailwind may propel stocks in the week ahead

Traders work the floor of the New York Stock Exchange. NYSE Stocks head into the week ahead with a tailwind, as investors focus on a hefty fiscal stimulus package and the solid earnings season against a backdrop of rising interest rates. There are several dozen S&P 500 companies reporting earnings, including Coca-Cola, Pepsico, Cisco and … Read more

‘Green’ funds could be hit hard by the short-squeeze, Bank of America says

A woman is reflected in a puddle as she passes a Bank of America branch in New York’s Times Square. Brendan McDermid | Reuters Bank of America has warned that so-called ESG funds could be impacted by the wild trading in markets, and listed the stocks it says are most at risk. Shares of several … Read more