Page 45 - Wall Street

Wall Street rally cools after two-day climb; Alphabet jumps over 7%

Alphabet jumped 7.3% as it benefited from lockdowns that drove retail and other advertisers online

No heroes or villains on Wall Street

The problem with treating the GameStop saga as an Occupy Wall Street movement 2.0 is that it ignores some fundamental differences

Bulls lift indices to new closing peak; Sensex up 458 pts; pharma stks gain

The Nifty Pharma index edged up 3 per cent, followed by gains in the Nifty PSB index (up 2.3 per cent), and the Nifty Pruvate Bank index (up 2 per cent)

Wall Street climbs ahead of Amazon, Alphabet earnings; stimulus in focus

Ten of the 11 major S&P sectors advanced, with economy linked energy, financial and industrials gaining the most

Budget-rally extends on D-St; Sensex surges 1,197 pts; SBI up 6%, TaMo 17%

The Sensex index reclaimed the 50,000 level in intra-day deals and hit a high of 50,154

Robinhood raising more debt to fulfill Reddit-fueled order frenzy: Report

The capital raised would be separate from the $3.4 billion in financing that Robinhood announced on Monday it had secured from its investors since Jan. 29

Wall Street opens higher as retail trading frenzy moves to silver

Wall Street's main indexes opened higher on Monday

Indices post biggest Budget-day gain; Sensex ends 2,315 points up at 48,601

All that happened in the markets today

After GameStop, Wall Street gears up for second bout against Reddit traders

Some of Wall Street's largest hedge funds are still licking their wounds after retail traders sought to drive up the prices of stocks that were heavily bet against

Best of BS Opinion: Staring at an abyss, Occupy Wall Street 2.0, and more

Here's a selection of Business Standard opinion pieces for the day

Occupy Wall Street 2.0

The GameStop saga has opened up a new frontier of anger against the financial elites. It is Occupy 2.0 with a big difference

Best of BS Opinion: Budget for the victims, the Wall Street game, and more

Here's a selection of Business Standard opinion pieces for the day

Markets see worst weekly setback since May, Sensex off 7.8% from peak

FPIs sell Rs 5,931 crore on Friday, most since March

The Wall Street game

Price moves in GameStop (listed as GME on the NYSE) have caused over $5 billion in hedge fund losses and pushed one fund to near-bankruptcy

Sensex ends 588 pts lower at 46,285, down 5% in a week ahead of Budget 2021

Both the benchmarks have erased around 5 per cent during the week

Small investors behind surge in GameStop and other shares hit by curbs

GameStop, the video game retailer whose 1,700% rally has been at the heart of the slugfest in the past week, initially rallied to more than $480 a share on Thursday

'Dumb money' is on GameStop, beating Wall Street at its own game

Shares soar 1,700% as millions of small investors partake in the frenzy

McDonald's earnings miss estimates as Europe lockdowns squash sales

Several European countries announced tough restrictions as the health crisis spiraled out of control late last year, adding to the woes of the restaurant industry

Wall Street opens higher shrugging off bleak GDP, jobless claims data

The Dow Jones Industrial Average rose 74.0 points, or 0.24%, at the open to 30377.19

Mastercard beats Wall Street profit estimates as customers spend more

Excluding items, Mastercard reported net income of $1.6 billion for the quarter ended Dec. 31, or $1.64 per share, compared with $2 billion a year earlier, or $1.96 a share