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FOX Business
www.foxbusiness.com/
FOXBusiness.com - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
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LIVE UPDATES: GameStop, AMC trading frenzy roils Wall Street
Today 7:49 EST
A surge of trading volume in shares of GameStop and AMC Entertainment has stunned Wall Street firms that were betting that those stocks would fall.
Tags
fox/business/markets/etfs
FOXBusiness
073c841f/a7e6/5309/9007/1064be80059c
Biden's energy moves strengthen Russia, US rivals, undermine national security
Today 7:24 EST
President Biden’s executive orders that put the U.S. on a course to transition away from fossil fuels are a boon for Russia, Saudi Arabia and other adversaries and pose a threat to national security.
Tags
Jonathan Garber
fox/business/markets/oil
fox/business/person/joe/biden
Short squeezes: Everything you need to know about the recent investing movement
Today 6:00 EST
Obviously, this level of volatility is highly unusual. The recent price action in GameStop and several other stocks can be attributed to a phenomenon known as a short squeeze. Here's a closer look at...
Tags
fbn
article
fox/business/markets/wall/street
Stock futures trade lower ahead of GDP report
Today 3:40 EST
Investors will also digest the latest jobless claims along with a slew of earnings
Tags
fox/business/topic/coronavirus
fox/business/markets/europe
fox/business/markets/earnings
Samsung reports profit jump driven by strong chip demand
Today 2:43 EST
Samsung expects its profit to weaken in the current quarter with a weak dollar and costs associated with expanded production lines
Tags
Associated Press
fox/business/markets/earnings
fox/business/tech
Could American Airlines become the next GameStop? Reddit's WallStreetBets says it's possible
January 27, 2021
American Airlines is the most shorted major U.S. carrier, with roughly 171.3 million of its 610.8 million shares outstanding, or about 28%, currently sold short, according to S&P Capital IQ.
Tags
article
fbn
fox/business/markets/stocks
Tesla posts sixth straight profitable quarter marking first full profit year
January 27, 2021
Elon Musk's Tesla has secured a track record of profitability.
Tags
fox/business/technology/tesla
Lucas Manfredi
fbn/markets
GameStop stock spike could be beginning of economic bubble bursting, Home Depot’s Langone says
January 27, 2021
Home Depot co-founder Ken Langone analyzes the gaming retailer's surge in the markets and gives an economic outlook for the future.
Tags
fbn/markets
fox/business/markets/stocks
fox/business/industries/retail
SEC monitoring market volatility after GameStop, AMC trading chaos
January 27, 2021
The SEC and the White House are weighing in on the extreme market volatility in select stocks.
Tags
fox/business/technology
fox/business/politics/sec
FOXBusiness
GameStop stock frenzy enters White House realm
January 27, 2021
The Biden administration said they will be monitoring the rapid rise in GameStop stocks after the seemingly failing retailer shocked the market with recent spikes.
Tags
fbn
fox/business/markets/wall/street
article
GameStop, AMC gyrations hit Charles Schwab, TD Ameritrade with outages
January 27, 2021
Mobile brokerage apps experienced outages early Wednesday amid early-morning market chaos.
Tags
fox/business/tech
FOXBusiness
fox/business/technology/mobile
Varney says GameStop the ‘battleground’ for ‘dangerous’ investing
January 27, 2021
FOX Business' Stuart Varney in his latest "My Take" argues GameStop's stock surge has "everything to do with the little guy going up against the big guys of Wall Street."
Tags
fox/business/markets/stocks
fbn
Chris Hindenach
Boeing to delay 777X again as it posts record annual loss
January 27, 2021
The coronavirus crisis has exacerbated a drop in demand for the industry's largest jetliners, with airline customers shunning deliveries of planes due to international travel restrictions, hurting cash...
Tags
fox/business/markets/earnings
fox/business/organization/boeing
baed503b/5dbc/5dad/af15/b794588a5d59
Stock futures stumble as Boeing posts record loss
January 27, 2021
U.S. stock futures were under pressure Wednesday morning as investors digested an onslaught of earnings reports ahead of the Federal Reserve's first interest rate decision of the year.
Tags
fbn/markets
article
fbn
GameStop up another 60%, amateur interest shows no sign of abating
January 27, 2021
Share price has jumped by 700% over the past two weeks
Tags
fbn/markets
1e7f5877/af7c/5d2d/bd0a/ed1ac57717e3
Reuters
Stock futures mixed as investors focus on Fed policy meeting
January 27, 2021
Earnings are expected from Boeing, AT&T, Apple, Facebook and Tesla
Tags
fox/business/markets/asia
fox/business/markets/stocks
fbn/markets
Department store chain Belk filing for Chapter 11 bankruptcy
January 27, 2021
Sycamore Partners will retain majority control of Belk, according to an agreement it reached with some of Belk’s creditors
Tags
fbn
fox/business/industries/retail
article
Bond market watching for ongoing Fed reassurance on purchases
January 27, 2021
Fed Chair Jerome Powell said on Jan. 14 it is too early for the central bank to discuss changing its monthly bond purchases
Tags
fox/business/markets/bonds
fox/business/politics/the/fed
fox/business/economic/indicators
Walmart plans to fill online orders with help from robots at some US stores
January 27, 2021
The robots will work behind the scenes, picking frozen and refrigerated foods as well as smaller general merchandise items from inside the warehouses
Tags
fbn/markets
fox/business/markets/stocks
Reuters
Southwest Airlines makes new voluntary leave offer to cut costs
January 27, 2021
Last month, the company said it had issued notices to 6,828 employees warning them that they could be furloughed
Tags
fox/business/lifestyle/travel
fox/business/jobs
fbn/markets
Jeff Bezos seeks $1.7M in legal fees from girlfriend Lauren Sanchez's brother: report
January 26, 2021
Michael Sanchez unsuccessfully sued Bezos for defamation last February, alleging the Amazon founder and his associates falsely claimed that Sanchez leaked explicit photos of Bezos to the National...
Tags
FOXBusiness
fox/business/technology/amazon
8e2a012e/e078/591a/ad68/19e3e7d3e179
Microsoft earnings jump on pandemic-driven cloud, videogaming demand
January 26, 2021
The software giant said its fiscal second-quarter net income rose more than 30% to $15.5 billion. Sales advanced 17% to $43.1 billion. Those figures beat Wall Street’s expectation of net income of...
Tags
fbn/markets
The Wall Street Journal
fox/business/organization/microsoft
Player One in Game Stop 'battle royale' stock game gets jittery over market move
January 26, 2021
Short-seller Andrew Left does not usually smoke. But on Monday he had a cigarette to calm his nerves as shares of GameStop Corp, the stock he had shorted, continued to rocket higher.
Tags
fbn/markets
fox/business/investing/and/transactions/hedge/funds
fox/business/investing/and/transactions/international/investing
Biden to ban new permits for drilling on federal lands, waters for one year
January 26, 2021
The Biden Administration is set to extend a ban on new leases for oil and gas drilling and fracking on federal lands and waters for one year as it attempts to combat climate change, a source told FOX...
Tags
fox/business/markets/commodities
91ca74da/407b/5f56/8797/2a29ef0887bd
FOXBusiness
Shift to electric vehicles spurs bid to make more batteries in US
January 26, 2021
The auto industry’s quickening shift to electric cars is spurring investment in another emerging industry in the U.S.: manufacturing lithium-ion batteries for those vehicles.
Tags
fox/business/tech
fox/business/organization/gm
fox/business/person/joe/biden
Biden commerce pick promises 'aggressive' stance against China when asked about aluminum, steel tariffs
January 26, 2021
Commerce Secretary nominee, Gina Raimondo, vowed to take a tough stance to protect American interests, including taking "aggressive" measures to combat Chinese practices that she believes hurt American...
Tags
FOXBusiness
Ronn Blitzer
fbn
J&J Covid-19 vaccine data due 'soon' as drug maker boosts outlook
January 26, 2021
The world’s biggest maker of health care products topped profit and sales expectations.
Tags
fbn/markets
fbn
article
Etsy shares jump on Elon Musk tweet
January 26, 2021
The business magnate offered some praise for the American e-commerce website after purchasing a hand-crafted Marvin the Martian knitted outfit for his dog.
Tags
fox/business/technology/ecommerce
fbn/markets
article
Futures little changed as barrage of earnings hits Wall Street
January 26, 2021
U.S. stock futures had the major averages on track to contend with record highs at the opening bell as a flood of corporate earnings washed across Wall Street.
Tags
fox/business/markets/us/markets
fox/business/topic/coronavirus
Jonathan Garber
GE tops free cash flow estimates, provides upbeat 2021 outlook
January 26, 2021
The manufacturing conglomerate's shares rose 4.8% as it reported free cash flow from industrial operations of $4.37 billion, GE said.
Tags
fbn/markets
fox/business/organization/general/electric
fox/business/organization/ge
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