Category: Record
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S&P 500 in fresh record high after scaling 5,600 mark for first time By Investing.com
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The S&P 500 rose above 5,600 for the first time on Wednesday, led by the technology sector and continued hopes for an interest rate hike sooner, as Federal Reserve Chairman Jerome Powell gave a second day of testimony to Congress, a day before fresh inflation data. At 13:56 ET (17:56…
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Greenbrier posts record earnings and robust order backlog By Investing.com
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The Greenbrier Companies (NYSE:) have announced their highest earnings per share (EPS) and EBITDA in over four and a half years, marking a significant rebound since the pre-pandemic era. In the third quarter of fiscal 2024, the company achieved over $820 million in revenue and reported a gross margin of…
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Jeff Bezos to divest $5bn of Amazon shares after stock reaches record high
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Amazon.com Inc. founder and CEO Jeff Bezos is set to sell about $5 billion worth of shares in the e-commerce giant, according to a regulatory filing disclosed after market hours on Tuesday. The announcement comes after Amazon stock hit an all-time high of $200.43 during the trading session. The proposed…
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NASDAQ closed at new record levels each day of this trading week
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All three major indexes closed higher today. The Nasdaq closed higher for the fourth straight day. Each of those days marked a new record close. The S&P also rose for the fourth straight day, with three of those closings marking new record highs. A screenshot of the final levels shows:…
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Asian markets reverse gains, Nikkei slightly lower after touching record levels
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Paul Gould Japan (NKY:IND) -0.08% The Nikkei 225 hit a record high, surpassing the 41,000 mark for the first time, before losing momentum. Japan’s index of coincident economic indicators, which covers a range of data including factory output, employment and retail sales, rose to 116.5 in May. 2024. China (SHCOMP)…
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TSA braces for record July 4th weekend with over 3 million travelers taking to the skies
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Nicole Lindsay thought she could beat Peak travel on weekends By booking an early morning flight, but it didn’t work out that way. “I thought it wouldn’t be that busy, but it turned out to be very busy,” said the Baltimore resident as she took her three daughters through Palm…
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Asian stocks rise as rate cut bets build; Japan tests record highs By Investing.com
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Asian stocks rose on Thursday, tracking gains on Wall Street overnight, as a string of weak economic readings prompted investors to ramp up bets that the Federal Reserve will cut interest rates by September. Japanese stocks have been the best performers in recent sessions, recovering most of the losses they…
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July 4 holiday will see record traffic
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Planning a trip for the Fourth of July? You’re not alone. Aaaa Their number is estimated at about 70.9 million people. About 100,000 people will travel on the road in some form this year, traveling 50 miles or more from home. That’s a 5% increase from last year and 8%…
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Bitcoin Weekend Trading Volumes Plunge To Record Lows
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Bitcoin has long been a hallmark of the cryptocurrency markets, thriving on its 24/7 accessibility. Weekend trading, once a breeding ground for volatility, has become particularly important in the cryptocurrency landscape. However, a recent report by Kaiko reveals a not so rosy picture – BTC Trading volumes declined at the…
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At the close: S&P 500 reverses lower after touching a fresh record high
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SPX daily Closing changes: The S&P 500 fell 0.4%. Nasdaq down 0.7% Russell 2000 +0.1% Dow Jones Industrial Average -0.1% Toronto TSX Companies -0.5% The S&P 500 closed the first half of the year up 14%, but today’s pullback from its all-time high is somewhat ominous. Against this backdrop, however,…
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Medexus Pharmaceuticals posts record annual revenue By Investing.com
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Medexus Pharmaceuticals (MDP.V) has announced a record revenue of $113.1 million for the fiscal year 2024, along with a positive adjusted EBITDA of $19.5 million. Despite a decrease in revenue and gross profit for the fourth quarter, the company remains optimistic about the future, particularly with the potential approval of…
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Advantest’s VOICE 2024 Draws Record Attendance in San Diego
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on June 27, 2024 • 4 minutes…
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Advantest’s VOICE 2024 Draws Record Attendance in San Diego
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on June 27, 2024 • 4 minutes…
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Nvidia: over $500bn wiped off value in 3 days in record drop
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Nvidia’s Jensen Huang began learning the meaning of the phrase “the higher they go, the harder they fall.” After briefly outperforming Microsoft and Apple last week – and indeed entire European stock markets – the company behind the AI chip boom saw the fastest single divestment in history. Over the…
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Record temperatures, higher natural gas prices to lift power bills this summer
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Pedrosala/iStock via Getty Images Higher electricity bills in the future For most of the United States this summer, the Energy Information Administration expects the average monthly residential energy bill in the United States to rise to $173 in June, July and August, up 3% from a year ago. The biggest…
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Record temperatures, higher natural gas prices to lift power bills this summer
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Pedrosala/iStock via Getty Images Higher electricity bills in the future For most of the United States this summer, the Energy Information Administration expects the average monthly residential energy bill in the United States to rise to $173 in June, July and August, up 3% from a year ago. The biggest…
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Bitcoin Poised For Record Highs Under Biden’s Second Term, Predicts Scaramucci
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Credit: Alitech As the 2024 US presidential election approaches, the cryptocurrency community is closely monitoring the candidates’ positions and their potential impact on the digital asset landscape. Amid the political discourse, Anthony Scaramucci, founder of Skybridge Capital and former communications director in the Trump administration, has emerged as a prominent…
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Evertz Technologies sees record sales in fiscal 2024 By Investing.com
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Evertz Technologies (ET) reported a significant increase in sales for the fiscal year 2024, with a record-setting $514.6 million, marking a 13% growth from the prior year. The company’s earnings call highlighted a robust $295 million backlog, indicating strong demand for its products and services. Evertz also announced a regular…
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Rail Season Ticket Usage Hits Record Low Amid Shift to Hybrid Working
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The use of rail season tickets in Great Britain has fallen to an all-time low, driven by a significant increase in working from home since the Covid-19 pandemic. According to figures from the Office of Rail and Road (ORR), the industry regulator, the number of rail journeys taken by people…