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Tag Archives: Stocks

Tech rebound lifts European stocks, chipmakers jump

(Reuters) -European stocks rose on Wednesday after one of the worst market routs this year, with investors picking up beaten-down shares of technology sector, while chip equipment maker ASML gained on upbeat earnings forecast. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, …

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Britain’s Reopening Is a Boon for Outperforming Small-Cap Funds

Pedestrians and shoppers walk along Regent Street in London, on April 12. Photographer: Jason Alden/Bloomberg Photographer: Jason Alden/Bloomberg As London’s shops and pub gardens reopen for the first weekend in three months, funds targeting smaller U.K. companies are among the best performers in Europe thanks to a rally in domestic …

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5 Top Stock Gainers for Friday: Etsy, Airbnb, DraftKings

Stocks finished mixed Friday. The Dow dropped and tech stocks rebounded following a sharp selloff on Thursday. Here are some of the top gainers Friday: 1. Etsy | Percentage Increase 11% Etsy  (ETSY) – Get Report rose as analysts offered glowing commentary on the online artisanal-goods seller’s stronger-than-expected earnings.  Revenue more …

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Workhorse Slammed After Missing Out on Postal Truck Contract

Shares of Workhorse Group  (WKHS) – Get Report fell sharply Tuesday after the postal service awarded a potentially huge contract to build new delivery trucks to rival Oshkosh  (OSK) – Get Report. Workhorse shares fell $14.88, or 47%, to $16.47 in the regular session. It continued to fall in after-hours …

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Walmart Misses Q4 Profit Forecast, Tops $150 Billion Sales

Walmart Inc.  (WMT) – Get Report posted weaker-than-expected fourth-quarter earnings Thursday, thanks in part to a charge linked to taxes in the United Kingdom, but still managed record sales of more than $150 billion as U.S. shoppers continued to favor big-box retailers over smaller rivals. A planned surge in investment costs, …

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