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My top 10 things to watch Friday, May 10 Wall Street is poised for another higher open Friday. If premarket moves were to hold throughout the session, the Dow would notch its eighth consecutive winning day. All three major indexes are up more than 1% in this relatively quiet week…
On Friday, advanced nuclear fission company Oklo, for which Sam Altman serves as chairman, started trading on the New York Stock Exchange. The company, which has yet to generate any revenue, went public through a special purpose acquisition company called AltC Acquisition Corp., founded and led by Altman.Under the ticker…
Emerging market economic growth was sustained at a solid rate at the start of the second quarter of 2024, according to PMI survey data with well-balanced improvements recorded across both the manufacturing and service sectors. Forward-looking indicators continued to point to further near-term expansions, with new business inflows notably rising…
Check out the companies making the biggest moves in premarket trading: Planet Fitness — Shares tumbled as much as 7% after the gym franchise reported a revenue miss for its first quarter and issued disappointing guidance for the year. Quarterly revenue was $248 million, versus the $249.5 million expected from…
Norfolk Southern shareholders on Thursday voted to elect three of dissident Ancora’s director nominees but fell short of ousting incumbent CEO Alan Shaw, capping a remarkable proxy fight at one of America’s largest railroads.Shareholders elected Ancora candidates William Clyburn, Sameh Fahmy and Gilbert Lamphere. The three seats are short of…
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Shopify reported first-quarter earnings and sales on Wednesday that were ahead of Wall Street expectations, but it gave a downbeat forecast for the current quarter.Shares of Shopify dropped 19% in early trading.Here’s how the company did for the quarter, compared with consensus expectations from LSEG:Earnings per share: 20 cents adjusted…
A Georgia appeals court Wednesday agreed to hear a bid by Donald Trump to disqualify Fulton County District Attorney Fani Willis from the former president’s election interference case in the state.Fulton County Superior Court Judge Scott McAfee in March declined to remove Willis from the criminal case following revelations that…
Transcript Emerging Markets Equities Update and Outlook, Q2 2024 Welcome to our first quarter, 2024 Emerging Markets Update. My name is Ola El-Shawarby, and I’m the Portfolio Manager for the Strategy. And I’m very happy to be giving you a bit of a recap of what happened over the course…