stock market Wall Street Suffers Worst Weekly Drop Since 2008 Financial Crisis U.S. stock markets wrap up a brutal week with massive sell-offs driven by escalating coronavirus fears. Investors flee to bonds as the 10-year Treasury yield hits a historic low below 1.15%.
stock market U.S. Stocks Suffer Worst Week Since 2008 as Coronavirus Sparks Panic The coronavirus outbreak pushes U.S. stocks into their worst weekly decline since the 2008 financial crisis, wiping out nearly $3 trillion in value. Investors flock to safe-haven assets as the Federal Reserve signals potential rate cuts to cushion the economic blow.
stock market U.S. Stocks Plunge Into Correction Territory Amid Coronavirus Fears Major U.S. stock indexes suffer historic losses and drop into correction territory as fears grow over domestic coronavirus spread.
stock market U.S. Stocks Suffer Worst Two-Day Drop in Years Amid Coronavirus Panic Major U.S. stock indices plummet over three percent as coronavirus fears trigger massive selloffs, pushing the majority of S&P 500 companies into correction territory. President Trump reportedly expresses fury over the market decline and blames health officials for spooking investors.
stock market Wall Street Suffers Steepest Drop in Two Years Over Coronavirus Fears U.S. stocks plummet as surging global coronavirus cases trigger fears of a prolonged economic slowdown. Airlines, chipmakers, and tech stocks lead the massive selloff.
apple Apple Warns Coronavirus Impact Exceeds Worst-Case Forecasts Apple reveals that the coronavirus outbreak severely disrupts its Chinese supply chain and retail operations, causing the company to miss its quarterly revenue targets.
tesla Tesla Raises $2 Billion in Surprise Stock Offering Tesla prices a $2 billion secondary stock offering at $767 per share, reversing its earlier stance against raising capital. The automaker plans to use the funds to strengthen its balance sheet amid rising capital expenditure forecasts.
tesla Tesla Experiences Record Volatility Amid Massive Short Squeeze and Virus Fears Tesla stock swings wildly as a massive short squeeze drives shares to nearly $970 before coronavirus fears trigger a sharp reversal. Unprecedented trading volume highlights the extreme investor frenzy surrounding the electric vehicle maker.
google Google Joins Apple and Microsoft in the Trillion-Dollar Club Alphabet, Google's parent company, reaches a $1 trillion market valuation, making it the fourth US tech giant to hit the milestone alongside Apple, Microsoft, and Amazon.
tech stocks Top Tech Firms Reach Combined $5 Trillion Value in Record 2019 Run The largest U.S. technology companies finish 2019 with a combined market value near $5 trillion following an exceptional year of stock market growth. The tech-heavy Nasdaq Composite rises 35 percent, while cloud software stocks experience even greater gains.
ipo Final Tech IPOs of 2019 See Mixed Pricing and Early Trading Results The last major tech offerings of the year feature Bill.com earning top marks for a massive first-day pop, while Sprout Social and EHang deliver more modest debuts.
saudi aramco Saudi Aramco Surges 10% on First Trading Day to Claim World's Largest Company Title Saudi Aramco debuts on the Riyadh stock exchange with a 10% surge, reaching a massive $1.88 trillion valuation. The historic local listing easily surpasses Alibaba's record to become the biggest initial public offering in history.
alibaba Alibaba Sees Strong 6% Jump in Record-Breaking Hong Kong Debut Chinese e-commerce giant Alibaba kicks off its Hong Kong listing with a 6.6% gain, marking the world's largest stock offering of 2019. Analysts praise the move as a major confidence boost for the Asian financial hub.
alibaba Alibaba Breaks 2019 IPO Record With $11.2 Billion Hong Kong Listing Alibaba raises $11.2 billion in a record-breaking secondary listing on the Hong Kong Stock Exchange, marking a triumphant return five years after a dispute delayed its initial debut there.
tesla Tesla Stock Drops as Analysts React Cautiously to Unconventional Cybertruck Tesla shares decline immediately following the Cybertruck reveal as investors and analysts struggle to process the vehicle's radical design. Short-term financial focus overshadows the pickup truck's potential long-term market impact.