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Market News

October 20, 2021
HP Inc. Rises After Bullish Profit Outlook for Fiscal 2022
HP Inc. gave a profit forecast for fiscal 2022 that exceeded analysts projections and said it expects revenue to increase, defying predictions that...
October 20, 2021
ProShares Bitcoin ETF Tops $1 Billion in Assets in Just Two Days
Pent-up demand for the first U.S. Bitcoin exchange-traded fund drove assets held in the investment vehicle to more than $1 billion in just two days.
October 20, 2021
Democrats Look for Tax Options If They Have to Ditch Rate Hikes
After months of focusing on proposals to increase tax rates on income and capital gains, Democrats are exploring other alternatives to fund President...
October 20, 2021
Tesla Holds Fast to Its Pioneering Investment in Bitcoin
Tesla Inc. is holding onto its pioneering stake in Bitcoin, an investment that helped legitimize the world’s largest electronic currency.
October 20, 2021
FDA Clears Moderna, J&J Boosters and Backs Vaccine Mixing
The U.S. Food and Drug Administration cleared a broad path for millions more Americans to receive Covid-19 vaccine booster shots, as the nation looks...
October 20, 2021
Mexico Economists See Inflation Hitting 4-Year High by December
Mexico’s annual inflation will reach 6.5% by the end of the year, according to the median estimate in a survey of economists by Citigroup Inc.’s...
October 20, 2021
Ivermectin Poisonings Rise as Unproven Use for Covid Soars
October 20, 2021
South Korea to Launch New Rocket as Arms Race Builds Across Asia
October 20, 2021
Tesla’s Quarterly Revenue Trails Estimates While Earnings Beat
Tesla Inc. reported revenue that fell short of Wall Street estimates, but managed to beat third-quarter earnings projections despite a semiconductor...
October 20, 2021
IBM Misses Revenue Estimates on Drag From Legacy IT Unit
International Business Machines Corp. reported revenue that missed analysts’ estimates, highlighting the challenge of fulfilling its pledge to...