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Day: December 10, 2021

Didi is delisting in New York. Here’s what happens if you own a delisted stock

Traders work during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters Although Didi’s situation is plagued by company-specific factors, the fallout around the listing comes as political pressure in both China and the U.S. …

Didi is delisting in New York. Here’s what happens if you own a delisted stockRead More

Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982

Inflation accelerated at its fastest pace since 1982 in November, the Labor Department said Friday, putting pressure on the economic recovery and raising the stakes for the Federal Reserve. The consumer price index, which measures the cost of a wide-ranging basket of goods and services, rose 0.8% for the month, good for a 6.8% pace …

Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982Read More

Stocks making the biggest moves midday: Costco, Oracle, Peloton and more

Shopping carts are lined up in front of a Costco store on February 25, 2021 in Inglewood, California. Mario Tama | Getty Images Check out the companies making headlines in midday trading Friday: Costco — Costco shares rose more than 6% after the warehouse retailer posted its latest quarterly numbers a day earlier. The company earned …

Stocks making the biggest moves midday: Costco, Oracle, Peloton and moreRead More

Weekly Focus – Team Dovish or Hawkish to Prevail?

The concern about omicron abated over the past week as vaccines were deemed effective against the variant with a booster shock. Preliminary analysis from the European health agency suggests the symptoms are milder than with previous variants. Furthermore, a new study shows that a third shot of the Pfizer vaccine could neutralise the omicron virus. …

Weekly Focus – Team Dovish or Hawkish to Prevail?Read More

Stocks making the biggest moves premarket: Chewy, Lululemon, Beyond Meat, Peloton & more

Check out the companies making headlines before the bell: Chewy (CHWY) – The online pet products retailer’s stock tumbled 10% in the premarket after it reported a wider-than-expected quarterly loss. Sales were in line with Street forecasts, but profit was impacted by higher costs for labor and supply chain issues. Lululemon (LULU) – The athletic apparel …

Stocks making the biggest moves premarket: Chewy, Lululemon, Beyond Meat, Peloton & moreRead More

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