Dow futures jump over 300 points on bets market is oversold after blue-chip gauge falls into bear market

U.S. stock-index futures on Tuesday pointed to Wall Street bouncing off a 21-month low and snapping a five-day losing streak as recent volatility in global bond and currency markets subsided. How are stock-index futures trading Futures on the Dow Jones Industrial Average YM00, +1.06% climbed 321 points, or 1.1%, to 29,664. S&P 500 futures ES00, … Read more

Wharton’s Jeremy Siegel accuses Fed of making one of the biggest policy mistakes in its 110-year history

““I think we’re giving Powell too much praise. … The last two years are one of the biggest policy mistakes in the 110-year history of the Fed by staying so easy when everything was booming.”” — Jeremy Siegel Wharton professor Jeremy Siegel has a bone to pick with Federal Reserve Chair Jerome Powell. The longtime … Read more

Stocks Poised to Open Higher on Monday

Stocks are poised to open higher in New York on Monday. Angela Weiss/AFP/Getty Images Text size U.S. stocks are poised to open higher on Monday as investors await the August reading on inflation. On Sunday night, Dow Jones Industrial Average futures gained 90 points, or 0.3%, while the S&P 500 futures climbed 0.4%, and Nasdaq … Read more

Cloudflare stock rallies 20% following earnings beat, raised revenue outlook

Cloudflare Inc. shares surged in the extended session Thursday after the cybersecurity company reported results that topped Wall Street expectations and hiked its revenue outlook for the year. Cloudflare  NET, +0.12% shares rallied about 21% after hours, following a 0.1% advance in the regular session to close at $58.43. The company reported a second-quarter loss … Read more

25 Stocks That Could Rise on a Short Squeeze

Investors betting against electric-vehicle stocks take note: Five of 25 stocks that short-selling research firm S3 Partners identified this month as being at risk of a short squeeze are in the EV business. Short sellers fear short squeezes. To put on a short, investors borrow shares. If the stock falls, the short seller buys them … Read more

Ford joins First Movers Coalition, moves a step ahead to carbon neutrality

Ford Motor Company announced it will join the First Movers Coalition, a global initiative to harness purchasing power and supply chains to create early markets for innovative clean energy technologies.  Ford Chief Government Affairs Officer Chris Smith said, “Now as part of the First Movers Coalition, Ford is targeting the environmental impact of its supply … Read more

Warren Buffett’s Berkshire Hathaway reveals new stakes in Paramount, Citigroup

OMAHA, Neb. — Warren Buffett’s company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But Buffett had already shared the biggest investments with Berkshire Hathaway BRK.A, -0.16% BRK.B, -0.34% shareholders at the company’s recent annual meeting. That means investors already knew that … Read more

60 CPSEs in non-strategic sector identified for privatization or closure

As many as 60 central public sector enterprises (CPSEs) under ministries of fertiliser, textiles, chemicals and petrochemicals, pharmaceuticals and commerce are likely to feature on the initial list of firms for privatisation or closure, as the government embarks on implementing the new public sector enterprises (PSE) policy in the ‘non-strategic sectors’. There are about 175 … Read more

Oil prices are surging — these eight stocks are still bargains for long-term investors

The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still trading at low valuations to expected earnings despite a sector-wide rally stretching back to the end of 2020. Even though the energy sector … Read more

Cloudflare stock drops more than 9% after outlook forecasts possible loss

Cloudflare Inc. shares dropped in the extended session Thursday after the cybersecurity company’s quarterly results slightly beat Wall Street expectations, but its bottom-line forecast for the current quarter indicated a possible miss in its next report. Cloudflare  NET, -13.93% shares fell more than 9% after hours, following a 14% drop in the regular session to … Read more