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Posts published in “Finance”

Stocks making the biggest moves in the premarket: Facebook, Comcast, Generac, eBay & more

Take a look at some of the biggest movers in the premarket:Facebook (FB) – Facebook exceeded analysts' forecasts by $1.03 a share, with quarterly profit of $3.30 per share. The social media giant's revenue was also well above Wall Street forecasts as digital ad spending continued to surge amid the pandemic. Facebook said ad revenue…

Dow Jones Futures: Tesla, Nvidia Lead ‘Hard Penny’ Market Rally Retreat; Netflix Near Buy With Earnings Due

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TSMC books 19% Q1 profit growth; says chip shortage likely last into 2022

By Yimou Lee and Ben BlanchardTAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said on Thursday it is doing all it can to increase productivity and alleviate a worldwide chip shortage, but that tight supplies will likely continue into next year.The world's biggest contract chipmaker said it is expanding capacity and working to keep pricing…

Amazon union in Alabama warehouse headed for defeat with half the ballots counted

Amazon (AMZN) has apparently clinched victory against a union drive at its warehouse in Alabama, The New York Times reported on Friday, noting that 1,608 votes had come in against the union and 696 in favor. While hundreds of votes haven't been counted, The Times noted that there were not enough votes to secure a…

With His Legacy In Mind, Biden Seeks U.S. Transformation With Infrastructure Plan

President Biden leaves after speaking about his sprawling $2.3 trillion American Jobs Plan on Wednesday. Brendan Smialowski/AFP via Getty Images hide caption toggle caption Brendan Smialowski/AFP via Getty Images President Biden leaves after speaking about his sprawling $2.3 trillion American Jobs Plan on Wednesday. Brendan Smialowski/AFP via Getty Images President Biden's infrastructure train is leaving…

Dow, Tech Stocks Rise Ahead Of Biden Infrastructure Plan; Apple, Boeing, Tesla Rally

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Suez Canal ship Ever Given partially refloated after huge effort to unblock key global trade route

SUEZ, Egypt — The giant container ship that has blocked traffic in the Suez Canal for the last week, bringing a key global trade route to a standstill and capturing the world’s attention, was partially refloated early Monday.It was unclear when the vessel would be fully set free but the progress raised hopes the crucial…