PYMNTS-MonitorEdge-May-2024

stock market

A stock market, equity market or share market is the aggregation of buyers and sellers of stocks, which represent ownership claims on businesses; these may include securities listed on a public stock exchanges.

Source: en.wikipedia.org

FanDuel Owner Takes on DraftKings on NYSE
FanDuel Owner Takes on DraftKings on NYSE
January 29, 2024  |  Stock Index

FanDuel parent company Flutter is now trading on the New York Stock Exchange. The Ireland-based company announced in a Monday (Jan. 29) press release that...

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Regional Banks Try to Smooth ‘Scar Tissue’ of SVB Collapse
Regional Banks Try to Smooth ‘Scar Tissue’ of SVB Collapse
January 29, 2024  |  Banking

America’s regional lenders say they’re emerging from the shadow of Silicon Valley Bank. That bank’s collapse last year sent shockwaves through the industry, but now, executives...

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CE 100 Index Advances 1.5% as Netflix Surges on Subscriber Gains
CE 100 Index Advances 1.5% as Netflix Surges on Subscriber Gains
January 29, 2024  |  Connected Economy

The earnings roll in, and the stocks gyrate — a roller coaster that happens every three months. The CE 100 Stock Index gained 1.5%, as...

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Report: Shein Investors Sell Discounted Shares as IPO Enthusiasm Wanes
Report: Shein Investors Sell Discounted Shares as IPO Enthusiasm Wanes
January 25, 2024  |  Retail

Investors in fashion retailer Shein are reportedly selling discounted shares. Those private-market deals value Shein at as low as $45 billion, Bloomberg News reported Thursday (Jan. 25),...

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CE 100 Index Adds 1.1% as Bank Earnings Blunt Gains, iRobot Plummets 20% 
CE 100 Index Adds 1.1% as Bank Earnings Blunt Gains, iRobot Plummets 20% 
January 15, 2024  |  Connected Economy

Friday heralded the official kick off of earnings season, with banks leading the charge. Within the CE 100 Index, gains seen in the work segment...

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Inflation’s Pace Quickens in December, Led by Housing Costs
Inflation’s Pace Quickens in December, Led by Housing Costs
January 11, 2024  |  Economy

The end of inflation? The end of the pinch to paycheck-to-paycheck wallets? Hardly. And, per the latest Consumer Price Index data, released Thursday (Jan. 11) by...

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SEC Authorizes Bitcoin ETF Without Endorsing Bitcoin
SEC Authorizes Bitcoin ETF Without Endorsing Bitcoin
January 11, 2024  |  Cryptocurrency

American regulators have approved bitcoin exchange-traded funds in a victory for the cryptocurrency sector. The Wednesday (Jan. 10) announcement by the Securities and Exchange Commission (SEC) came after years...

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Home Health Company BrightSpring Plans to Go Public
Home Health Company BrightSpring Plans to Go Public
January 03, 2024  |  IPO

Home health company BrightSpring has revived its plans to go public. The Kentucky-based firm on Tuesday (Jan. 2) filed its plans for an initial public offering (IPO) with the...

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CE 100 Index Climbs 4.2% as Banking Names Rally on Possible Rate Cuts 
CE 100 Index Climbs 4.2% as Banking Names Rally on Possible Rate Cuts 
December 18, 2023  |  IPO

A broad stock market rally was the hallmark of last week’s trading action. The Federal Reserve signaled a pause on interest rate hikes and three...

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