The company's shares, which were at the heart of a Reddit-driven retail trading frenzy early this year, rose nearly 5% in pre-market trading
The Dow Jones Industrial Average fell 43.5 points, or 0.13%
The S&P 500 fell 5.2 points, or 0.13%, at the open to 3,969.31
ViacomCBS, Baidu and VIPShop fell between 0.2% and 1.5%
NEW YORK (Reuters) - The S&P 500 and Dow rose in a broad-based rally on Friday with technology, healthcare and financial stocks providing the biggest lift as investors bet on a recovery that is expected to deliver the fastest economic growth since 1984.
NEW YORK (Reuters) - The Nasdaq slid on Thursday as investors sold technology shares and bought underpriced stocks likely to do well on expectations the U.S. economy grows at its fastest pace in decades this year.
(Reuters) - Robinhood Markets Inc is building a platform to "democratize" initial public offerings (IPOs), including its own, that would allow users of its trading app to snap up shares alongside Wall Street funds, according to people familiar with the matter.
Ten of the 11 S&P sectors fell in early trading
NEW YORK (Reuters) - The S&P 500 closed lower on Wednesday, unable to halt the prior day's selloff, as investors set aside optimism about the economic recovery by Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen.
NEW YORK (Reuters) - U.S. stocks rallied on Monday as technology stocks rebounded from a recent selloff sparked by surging bond yields and Tesla jumped after a fund run by an influential investor in the electric-car maker said its shares could approach $3,000 by 2025.
Reversing a recent trend, so-called growth stocks mostly outperformed value stocks viewed as more likely to outperform as the economy recovers from the coronavirus pandemic
Losses in US stocks accelerated after France's prime minister imposed a month-long lockdown on Paris and several other regions due to the health crisis
The index rose close to 500 points on opening after the US Federal Reserve (Fed) pledged to shrug off inflation worries for a while and keep the monetary policy loose through 2023
Bond yields spiked after the Federal Reserve pledged to tolerate inflation and keep monetary policy loose through 2023
Amazon.com Inc rose 1.4% and Tesla Inc added 3.7%, with the two companies giving the greatest lift to the S&P 500
All the sectoral indices ended the day in the red with the Nifty Realty, Metal, and PSU Bank indices dropping up to 3 per cent
(Reuters) - The S&P 500 ended lower on Tuesday, weighed down by energy and industrial stocks as investors awaited the result of the Federal Reserve's two-day policy meeting.
Shares of GameStop Corp slid further in early trade on Tuesday, continuing a slump that has seen the videogame retailer's stock shed a third of its value so far this week
Here's a selection of Business Standard opinion pieces for the day
Wall Street's main indexes have come under pressure in the past few weeks as a consistent rise in borrowing costs have raised fears of a sudden tapering of monetary stimulus