Breaking News
Disney dinged
The Walt Disney Co.
$
122.05
Investors dinged Dow member Disney after Florida lawmakers passed a bill to revoke the media giant’s special tax status in the state.
Mortgage rates hit 12-year high
Breaking News
Stocks reverse gains as bond yields spike
The 2-year Treasury yield topped 2.7% for the first time since December 2018, with the yield on the benchmark 10-year note on track to finish at the highest since mid-December 2018.
Breaking News
Fed’s Powell confirms half-point rate hike ‘on the table’ in May
Breaking News
CNN’s streaming service, CNN+, to shut down just a month after launch
CNN has confirmed the move and the timing.
Natural Gas prices rising, supplies falling
Symbol | Price | Change | %Change |
---|---|---|---|
UNG | $23.92 | -0.06 | -0.25% |
Breaking News
Elon Musk makes Twitter move
Elon Musk, in a filing with the Securites and Exchange Commission, confirmed financing for his $43 billion or $54.20 per share offer for Twitter.
SEC FILING: To finance the Proposed Transaction or a Potential Offer, entities related to the Reporting Person have received commitment letters committing to provide an aggregate of approximately $46.5 billion. Details here.
American Airlines reports first-quarter earnings
Symbol | Price | Change | %Change |
---|---|---|---|
AAL | $19.48 | -0.11 | -0.56% |
American Airlines Group Inc reported a smaller adjusted first-quarter loss on Thursday, as a strong pickup in travel in March helped offset a blip in January caused by the omicron variant of COVID-19.
Read the full story: American Airlines reports smaller loss as pickup in travel offsets omicron blip
Earnings optimism driving stock futures
Traders will focus on jobless claims
and a slew of earnings, including those of AT&T. Continue reading
Tesla stock pops on record quarter, 81% annual revenue jump
Tesla stock traded 7% higher in premarket trading Thursday, after the electric vehicle maker beat Wall Street estimates for the first quarter of 2022 with record revenue, vehicle deliveries and operating profit. Continue reading
U.S. crude rises above $103 per barrel
Oil prices added to gains on Thursday over concerns about supply due to a possible European Union ban on Russian oil. U.S. crude now up nearly 40% for the year. Continue reading
Bitcoin hovers around $41,000 on three-day rise
Bitcoin has had a positive week so far, trading above $41,000. The cryptocurrency is up for three consecutive days heading into Thursday. Continue reading
Gasoline’s higher trend
The average price for a gallon of gasoline
in the U.S. moved higher on Thursday to $4.12, according to the latest numbers from AAA. The price on Wednesday was $4.114. The record high was $4.33, set on Friday March 11, 2022.
Read More: Disney shares dinged, Musk’s Twitter move, Fed’s Powell spooks market