Latest Stock price movements News

Asian stocks mixed after Wall Street fall on Huawei anxiety

May. 21, 2019 12:49 AM EDT

BEIJING (AP) — Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower. Benchmarks in Shanghai and Seoul advanced, while Tokyo, Hong Kong and Sydney declined. Anxiety over U.S.-Chinese trade tension was reignited by Washington's...

Tesla stock falls as concerns about demand for Model 3 rise

May. 20, 2019 12:41 PM EDT

Shares of Tesla are down 50 percent since September, with concerns about demand for its Model 3 in the U.S. at the forefront. Daniel Ives of WedBush said in a client note Monday that so far there seems to be mixed signals on demand for the Model 3 which could make it harder for Tesla to achieve a profit in its...

World shares mixed with no easing of China-US trade dispute

May. 20, 2019 6:58 AM EDT

BANGKOK (AP) — Shares declined in Europe on Monday after a mixed day in Asia in the absence of positive updates on the trade standoff between the U.S. and China. Britain's FTSE 100 lost 0.7% at 7,297.67 while Germany's DAX declined 1.2% to 12,091.38. The CAC 40 in France shed 1.2% to 5,374.14. Wall Street...

Stock markets stabilize after tumble over trade dispute

May. 14, 2019 7:18 AM EDT

BANGKOK (AP) — World stock markets turned higher on Tuesday, stabilizing after heavy losses on Wall Street, as investors monitor the escalating dispute between China and the U.S. over trade. The FTSE 100 in Britain rose 0.9% to 7,230, while France's CAC 40 advanced 1.2% to 5,324. Germany's DAX advanced...

Uber shares continue sliding in first full day of trading

May. 13, 2019 3:01 PM EDT

NEW YORK (AP) — Uber shares sunk even further after its disappointing stock market debut as doubts lingered over the company's ability to turn a profit and trade tensions dragged down the overall market. The ride-hailing giant's stock fell 10% and hovered around $37 Monday afternoon on Uber's first full...

Stocks rebound as hopes rise that trade tensions will ease

May. 10, 2019 5:08 PM EDT

Wall Street capped a turbulent week with a late-day rally Friday after shaking off an early slump triggered by the latest escalation in the trade war between the U.S. and China. The market fell sharply in the early going after the U.S. raised tariffs on $200 billion worth of Chinese goods when negotiators failed...

Uber's hyped-up IPO hits a few potholes on its first day

May. 10, 2019 5:05 PM EDT

NEW YORK (AP) — After much hype leading up to the largest initial public offering in five years, Uber hit a few potholes on its first day of trading, closing down 8% and reflecting lingering doubts about its future prospects for profitability. The ride-hailing company injected investors with a dose of...

The Latest: Uber stock slides almost 8% on rocky first day

May. 10, 2019 4:36 PM EDT

NEW YORK (AP) — The Latest on ride-hailing giant Uber's initial public stock offering (all times local): 4:30 p.m. Uber capped off a rocky first day of trading on Wall Street with its shares closing at $41.57, down almost 8% from their starting price of $45. It's uncommon for shares in a company with such...

Occidental seals deal with Anadarko after Chevron drops out

May. 9, 2019 8:29 PM EDT

DALLAS (AP) — Occidental Petroleum wrapped up a $38 billion deal to acquire Anadarko on Thursday after Chevron declined to sweeten its offer, ending a rare bidding war in the oil patch. The deal gives Occidental access to Anadarko's rich holdings in the Permian Basin of west Texas and New Mexico, the...

The Latest: Anadarko says it has a deal with Occidental

May. 9, 2019 7:27 PM EDT

SAN RAMON, Calif. (AP) — The Latest on bidding war for Anadarko Petroleum Corp. (all times local): 4:15 p.m. Anadarko says it has agreed to a buyout bid from Occidental Petroleum and will pay a $1 billion deal-termination fee to Chevron to end a rare bidding war in the oil patch. The end came hours after...