Microsoft CEO sells half his stake in company
Microsoft Corp. Chief Executive Satya Nadella sold about half of his shares in the company last week, according to a federal securities filing.
Microsoft Corp. Chief Executive Satya Nadella sold about half of his shares in the company last week, according to a federal securities filing.
Shares of PayPal Holdings Inc. PYPL, -1.26% shed 1.26% to $184.89 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -1.90% falling 1.90% to 4,567.00 and Dow Jones Industrial Average DJIA, -1.86% falling 1.86% to 34,483.72. This was the stock’s third consecutive day of losses. PayPal Holdings Inc. closed $125.27 below its 52-week high ($310.16), which the company reached on July 26th.
Box Inc. reported fiscal third-quarter results that beat the top and bottom lines and raised full-year revenue guidance, sending shares up nearly 9.5% in extended trading Tuesday.
Sales to automotive customers soar 368% from the year-ago period
The emergence of the omicron variant poses downside risks to the economy and adds to uncertainty over inflation, said Fed Chairman Jerome Powell on Monday.
Nasdaq Composite posts biggest one-day gain since May
‘It isn’t going to be a blowout year ahead, but there will be positive returns to be had,’ says DWS Group’s head of fixed income, Americas
Shares of Meta Platforms Inc. FB, +1.47% rose 1.47% to $338.03 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +1.88% rising 1.88% to 15,782.83 and the Dow Jones Industrial Average DJIA, +0.68% rising 0.68% to 35,135.94. Meta Platforms Inc. closed $46.30 short of its 52-week high ($384.33), which the company achieved on September 1st.
Medical Facilities Corp. said Monday that it intends to acquire up to 5% of its common shares at market price.
Vermilion Energy Inc. said Monday that it intends to acquire Equinor Energy Ireland Ltd. for $434 million, increasing its stake in the Corrib gas field off the shores of Ireland.