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July 28, 2023
NEW YORK (Reuters) -Shares of video streaming company Roku Inc jumped 25% on Friday and were on track for their biggest daily percentage gain since May 2019 after the streaming device maker gave an upbeat quarterly revenue forecast. Roku's stock was last up 25.3% at $85.45 in afternoon trading and has more than doubled so far this year. Roku's strong guidance, beating consensus estimates on a pickup in digital ad sales, followed upbeat forecasts from Meta Platforms and results from A...
July 28, 2023
By Caroline Valetkevitch NEW YORK (Reuters) - Shares of video streaming company Roku Inc jumped about 25% on Friday and were on track for their bigges...
July 25, 2023
Meme stocks have surged in the last few weeks as retail investors shun pricier stocks for cheaper speculative names, but some experts worry that this could choke the current rally in broader markets. ...
July 25, 2023
Meme stocks have surged in the last few weeks as retail investors shun pricier stocks for cheaper speculative names, but some experts worry that this could choke the current rally in broader markets. At a time when the wider rally has made some stocks, especially in the tech space, too expensive, the return of meme stocks is offering retail investors a more affordable option to participate in 2023's market rebound and pocket big returns. Roundhill's Meme index hit a one-year high las...
July 25, 2023
Meme stocks have surged in the last few weeks as retail investors shun pricier stocks for cheaper speculative names, but some experts worry that this could choke the current rally in broader markets. At a time when the wider rally has made some stocks, especially in the tech space, too expensive, the return of meme stocks is offering retail investors a more affordable option to participate in 2023's market rebound and pocket big returns. Roundhill's Meme index hit a one-year high las...
July 18, 2023
WASHINGTON (Reuters) - Big U.S. banks on Tuesday said higher interest rates had helped boost profits in the second quarter, causing shares to spike, but a pullback in consumer spending, slower loan growth and increased deposit costs may cloud the outlook for the sector.
July 18, 2023
(Adds dropped s to end of Zion in 10th paragraph) (Reuters) -Big U.S. banks on Tuesday said higher interest rates had helped boost profits in the second ...
July 17, 2023
NEW YORK (Reuters) - Shares of AT&T Inc fell more than 5% to hit their lowest level in thirty years on Monday, after analysts downgraded the stock following a news report that the telecommunications giant left toxic lead cables buried across the United States.
July 17, 2023
(Uploads appropriate chart and to tweak headline, no changes to text) By Chibuike Oguh NEW YORK (Reuters) -Shares of AT&T Inc fell more than 5% to hit...
July 17, 2023
(Uploads appropriate chart and to tweak headline, no changes to text) By Chibuike Oguh NEW YORK (Reuters) -Shares of AT&T Inc fell more than 5% to hit...