Top 20 companies by market cap
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Latest NYSE American Stock Exchange news
Shares of Macy’s (NYSE: M) have extended the bullish weekly run after the company’s quarterly earnings showed that sales matched analysts’ expectations. Macy’s share price is now up over 18% on the week, recovering from the record lows set in April. Fundamental analysis: Sales match expectations As expected, Macy’s reported a first-quarter loss. The retailer reported an adjusted loss per share of $2.03, in line with Wall Street expectations. Reve...
Shares of Dell Technologies (NYSE: DELL) are up around 15% in premarket trading after a report emerged that the tech giant is considering what to do with its position in VMware (NYSE: VMW). Fundamental analysis: Dell considering its options Dell Technologies is said to be considering its options relating to its stake in a cloud-software company VMware. The PC-maker owns more than 81% of VMware, a stake that is worth around $50 billion in today’s...
Shares of AMC Entertainment (NYSE: AMC) slipped over 6% last week as the stock continues to trend lower following a failure to clear the resistance around the $7.00 mark. Separately, AMC decided to change its policy on guests wearing masks after facing a backlash from the public. Fundamental analysis: AMC to require face masks AMC Entertainment, the largest movie theater in the world, has been forced to reverse its mask policy after drawing a bac...
Shares of Spotify (NYSE: SPOT) have exploded 15% higher today on two megadeals that music streaming and media services provider signed with Kim Kardashian West, as well as with Warner Bros. and DC Entertainment. Fundamental analysis: Spotify in a shopping spree Spotify, the Swedish music streaming and media services provider, has secured a deal for Kim Kardashian West to star in the new exclusive podcast on criminal justice. Moreover, the company...
Shares of American Express (NYSE: AXP) gained 3% on Friday to partially offset losses from earlier in the week. The People’s Bank of China (PBOC) finally announced today it has approved a network clearing licence for the American Express joint venture. Fundamental analysis: American Express enters the biggest card market in the world The PBOC issued a statement today to confirm that American Express’ joint venture in China – Express (...
Shares of Grubhub (NYSE: GRUB) are trading nearly 10% higher in premarket after the food delivery company accepted a $7.3 billion all-stock offer from European food-ordering firm Just Eat Takeaway.com NV (AMS: TKWY). Fundamental analysis: Just Eat takes advantage of Uber’s inability to close the deal Just Eat Takeaway.com NV, the Dutch food-ordering company, said it agreed to a deal to buy the U.S. food delivery company Grubhub in the all-stock $...