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Financial News Around the World

Wholesale prices rose 0.5% in April, more than expected

The producer price index was expected to increase 0.3% in April, according to the Dow Jones consensus estimate.

Published 14 May 2024
Categorised as Finance News

Stocks making the biggest premarket moves: GameStop, AMC, Alibaba, Sony and more

These are the stocks posting the largest moves in the premarket.

Published 14 May 2024
Categorised as Finance News

AMC raises $250 million in stock sale during meme rally, shares still up 110% in premarket

On Monday, movie theater operator AMC sold 72.5 million shares in an at-the-market equity offering.

Published 14 May 2024
Categorised as Finance News

Fintech firm Klarna says 90% of its employees are using generative AI daily

“Buy now, pay later” firm Klarna says generative AI has seen substantially high adoption among its 5,000-strong workforce.

Published 14 May 2024
Categorised as Finance News

‘Wealth can be pretty isolating’: Problems that rich people face, according to therapists

Can money buy happiness? Contrary to what some may think, a million-dollar paycheck does not necessarily come with a problem free pass. 

Published 13 May 2024
Categorised as Finance News

The revived craze for GameStop is confusing Wall Street. It’s ‘not in a position to be profitable’

From a fundamental standpoint, the brick-and-mortar video game company isn’t deserving of such a stock pop.

Published 13 May 2024
Categorised as Finance News

Stocks making the biggest moves midday: Walgreens, GameStop, Intel, Robinhood and more

These are some of the stocks posting the largest moves in midday trading.

Published 13 May 2024
Categorised as Finance News

Freetrade, Britain’s answer to Robinhood, says its CEO is stepping down

British stockbrokerage platform Freetrade told CNBC exclusively Monday that its long-time CEO Adam Dodds has stepped down.

Published 13 May 2024
Categorised as Finance News

Inflation outlook rises, fueled by expected increases for housing costs, New York Fed survey shows

On a one-year basis, the expectation increased to 3.3%, up 0.3 percentage point from March and the highest since November 2023.

Published 13 May 2024
Categorised as Finance News

Stocks making the biggest moves premarket: GameStop, Nvidia, Intel, Kenvue and more

These are the stocks posting the largest moves in premarket trading.

Published 13 May 2024
Categorised as Finance News

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