Trump Media & Technology Group stock (DJT) sank double digits in early trading on Thursday, falling around 15% to reverse the gains it enjoyed on Wednesday as Donald Trump clinched victory over Kamala Harris in the presidential election. Shares in the company — the home of Trump’s social media platform, Truth Social — have been […]

Former President Donald Trump, a Republican, has won the U.S. presidential election, beating out the Democratic candidate, Vice President Kamala Harris. He’s headed back to the White House in January. After four years of Democratic leadership under President Joe Biden, which included a historic expansion of borrower protections and roughly $175 billion in student loan

Warner Bros. Discovery (WBD) stock rose about 5% in premarket trading on Thursday after the company reported strong streaming results in the third quarter that included the largest ever quarterly growth of subscribers since the launch of Max. But revenue missed expectations as the media giant struggled with a drop in its studios segment and

The struggling pharmacy retailer still has a tough road ahead. Walgreens Boots Alliance (WBA -4.05%) is in the midst of a significant turnaround. New CEO Tim Wentworth is trying to improve the company’s financials and make the stock a much more appealing option for long-term investors. It won’t be easy amid rising costs and heightened

Moderna on Thursday posted a surprise profit for the third quarter, smashing Wall Street estimates, as its cost-cutting efforts took hold and sales of its Covid vaccine came in higher than expected.  The biotech company posted a net income of $13 million, or 3 cents per share, for the third quarter. That compares with a

By Patrick Wingrove (Reuters) -Moderna (MRNA) reported a surprise third-quarter profit on Thursday, driven by cost-cuts and higher-than-expected sales of its COVID-19 vaccine, even with low revenue from its new respiratory syncytial virus shot. Shares of the Cambridge, Massachusetts-based company surged nearly 10% in premarket trading. Moderna posted a profit of $13 million, or 3

Stock futures were marginally higher early Thursday following a strong day for markets after the Donald Trump election win. Trump Media, Tesla and bitcoin gave back some gains;  Fed watchers are anticipating a quarter-point interest rate cut today, with comments from Fed Chair Jerome Powell to follow; Lyft (LYFT) shares surged higher after the ride-hailing

By Milana Vinn, Echo Wang and Nupur Anand NEW YORK (Reuters) – Wall Street executives by and large are looking forward to business-friendly regulations as they analyze the implications of a second Donald Trump presidency, while some bankers were immediately tasked with discussing potential deals. Trump’s return to power is likely to significantly ease some

Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Adyen shares sank Thursday after the company reported a slowdown in the growth of its transaction volumes in the third quarter. Shares of

TOKYO (AP) — Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs. Chief Executive Makoto Uchida said he was taking a 50% pay cut to take responsibility for the dismal results, while promising that a turnaround