Other OTC - Delayed Quote USD

InBankshares, Corp (INBC)

8.02

-0.03

(-0.37%)

At close: May 13 at 10:29 AM EDT

Dow ends hot streak, meme stocks pop on major rally: Market Domination Overtime

On today's episode of Market Domination Overtime, Hosts Josh Lipton and Julie Hyman discuss the day's market performance and the aggressive rise in meme stock activity. The Dow Jones Industrial Average (^DJI) broke its eight-day win streak. The S&P 500 (^GSPC) closed just below its flatline, while the Nasdaq Composite (^IXIC) ended 0.29% higher. Meme stocks popped after "Roaring Kitty," best known for the 2021 GameStop (GME) short squeeze, made a return on social media. Yahoo Finance's Josh Schafer joins the show to discuss the implications of this rally and Head Moderator of r/WallStreetBets Noor Al gives insights into the renewed interest in meme stocks. Lastly, Josh Lipton and Julie Hyman break down what to watch on Tuesday, May 13, from President Biden announcing new tariffs on Chinese electric vehicles, to the Producer Price Index (PPI), to major earnings like Home Depot (HD), Alibaba Group (BABA), On Holding (ONON), Rumble (RUM), and Jack in the Box (JACK). This post was written by Melanie Riehl

Yahoo Finance Video 10 hours ago

^DJI

^IXIC

BABA
Biden tariffs, PPI, Home Depot earnings: What to watch

According to a Bloomberg report, the Biden administration could make an announcement on tariffs on Chinese EVs as early as Tuesday morning. The tariffs could rise as high as 102.5%. Economic data in the form of the Producer Price Index (PPI) is set to be released with an expected rise of 0.1% compared to last month. Core PPI is expected to remain steady month over month. Federal Reserve Chair Jerome Powell and Fed Governor Lisa Cook are set to speak on Tuesday, potentially commenting on the aforementioned data. Another set of earnings will also be released: Home Depot (HD), Alibaba Group (BABA), On Holding (ONON), Rumble (RUM), Jack in the Box (JACK) For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino

Yahoo Finance Video 11 hours ago

JACK

ONON

HD
Dow ends win streak, meme stocks surge in Monday rally

The Dow Jones Industrial Average (^DJI) has broken its win streak after carrying gains for eight straight sessions. The S&P 500 (^GSPC) closes just a hair below its flatline, but still above 5,200, while the Nasdaq Composite (^IXIC) ends the day 0.29% higher. Market Domination Overtime Host Julie Hyman checks out the day's market performance after a post on X (formerly Twitter) by user Roaring Kitty sparked a meme stock rally. Yahoo Finance Senior Markets Reporter Jared Blikre also joins the show to examine sector laggards and the gains seen across top meme stocks, like GameStop (GME) and AMC Entertainment (AMC). For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 12 hours ago

AMC

GME

^GSPC
GameStop stock soars over 70% as 'Roaring Kitty' revival reignites meme-stock bonanza

GameStop stock surged as much as 110% after 'Roaring Kitty,' who was credited with starting the 2021 meme stock frenzy, posted on X for the first time in three years.

Yahoo Finance 12 hours ago

GME

AMC
Home Depot may see sales drop as consumers seek value: Analyst

Home Depot (HD) is set to report earnings this week, giving investors an inside look into the state of consumer spending. HSBC US Consumer Staples Senior Analyst Daniela Bretthauer joins Catalysts to discuss what to expect from Home Depot's earnings as home improvement spending fell more than 1% year over year, according to Harvard's Joint Center for Housing Studies. "Consumers remain focused on value and price," Bretthauer says. "They're shifting their spending patterns to make ends meet." She notes that Home Depot's bigger-ticket items were in demand during the pandemic as homeowners took on more home improvement projects. However, as that demand declines, she expects the company's quarterly sales to decrease by 2% to 3%. Bretthauer adds that as wallets tighten amid higher inflation, more home remodelings and improvements are being put on the back burner. "The fact that rates remain high still and the interest rates cuts have been delayed, probably we're only going to see one cut this year. So that doesn't bode as well for people looking to buy new homes," she explains. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl

Yahoo Finance Video 17 hours ago

HD
GameStop stock pops as Roaring Kitty returns to social media

Shares of GameStop (GME) are soaring in Monday's trading session, fueled by the return of "Roaring Kitty" to the social media platform X. The video game retailer gained notoriety as a "meme stock," with Roaring Kitty's account playing a role in the company's Reddit-driven surge back in 2020. Yahoo Finance's Myles Udland and Seana Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 18 hours ago

GME
Inflation and consumer spending updates ahead: What to know this week

A crucial reading of inflation faces investors in the week ahead after a string of disappointing reports to start the year dampened investors' interest rate cut hopes.

Yahoo Finance 22 hours ago

BABA

BABAF

SPY
Japan's Sony reports surge in profit on strong sales of movies, games and music

Profit at Sony surged 34% in the last quarter on strong sales of its video games, music and movies, the Japanese electronics and entertainment company said Tuesday. Tokyo-based Sony Corp.’s quarterly profit totaled 189 billion yen ($1.2 billion), up from 141 billion yen the year before. For the fiscal year through March, Sony recorded a 3% decline in profit at 970 billion yen ($6.2 billion) from more than 1 trillion yen in the previous fiscal year.

Associated Press Finance 12 minutes ago

SONY
UPDATE 1-European shares limp ahead of US data, Powell remarks; Delivery Hero spikes

European shares were subdued on Tuesday as investors braced for a key U.S. inflation data and Federal Reserve Chair Jerome Powell's remarks due later in the day, while Delivery Hero jumped on the sale of its Taiwan foodpanda business to Uber. After strong gains last week, investors are at bay for two days now ahead of the U.S. producer prices inflation data and Powell's remarks, one day prior to the market-moving consumer prices inflation data, for clues on the Fed's interest rate-cut outlook.

Reuters 23 minutes ago

DHER.DE

RNMBY

SONVY
Sony Profit Outlook Misses Estimates as PS5 Appeal Wanes

(Bloomberg) -- Sony Group Corp. said it expects operating income of ¥1.28 trillion ($8.2 billion) in the year to March, missing analyst expectations for both profit and sales as PlayStation 5 hardware sales wane.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindMacron Puts French Banks in Play With Plan to Transform EuropeTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsChina to Start $138 Billion Bond Sale on Friday to Boost EconomyThe Tokyo-based

Bloomberg 41 minutes ago

COMB.BR

SONY
GameStop Shares Surge Again as Meme-Stock Phenomenon Returns

(Bloomberg) -- Meme-stock traders again piled into GameStop Corp. and AMC Entertainment Holdings Inc., a day after shares of both firms soared in a revival of the retail frenzy. Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindMacron Puts French Banks in Play With Plan to Transform EuropeTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsChina to Start $138 Billion Bond Sale on Friday to Boost EconomyThe video-game retailer’s stock jumped 34% in pre

Bloomberg 45 minutes ago

GME

AMC
Sony Group Profit Jumps on Stronger Game, Movie Earnings

Sony Group reported a rise in fourth-quarter net profit thanks to stronger earnings from its game and movie businesses. The Japanese entertainment and electronics company said Tuesday that net profit rose 34% from a year earlier to 189.005 billion yen ($1.21 billion) for the three months ended March. Fourth-quarter revenue climbed 14% to Y3.481 trillion.

The Wall Street Journal 59 minutes ago

SNEJF

SONY
Uber to Buy Delivery Hero’s Taiwan Business for $950 Million

(Bloomberg) -- Uber Technologies Inc. is buying Delivery Hero SE’s Foodpanda business in Taiwan for $950 million, shoring up its control of a key Asian market as it seeks to expand in the region.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindMacron Puts French Banks in Play With Plan to Transform EuropeTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsChina to Start $138 Billion Bond Sale on Friday to Boost EconomyUber, whose meal delivery busine

Bloomberg 1 hour ago

UBER

DHER.DE
German Arms Maker Rheinmetall Misses Sales, Profit Forecasts in Slow Quarter

Rheinmetall posted sales and earnings below expectations for the first quarter, but confirmed its annual guidance as governments continued to place orders for ammunition, air-defense systems and other military equipment.

The Wall Street Journal 1 hour ago

RNMBF

RNMBY
European shares muted ahead of US inflation, Powell remarks; Delivery Hero spikes

European shares were subdued on Tuesday as investors braced for key U.S. inflation data and Federal Reserve Chair Jerome Powell's remarks due later in the day, while Delivery Hero jumped on the sale of its Taiwan foodpanda business to Uber. The pan-European STOXX 600 was unchanged as of 0717 GMT. On the day's agenda are U.S. producer prices inflation data and Powell's remarks, ahead of the market-moving consumer prices inflation data on Wednesday, as investors try to assess the Fed's interest rate cut outlook.

Reuters 1 hour ago

DHER.DE

UBER

RNMBY
Nagarro announces Q1 '24 results, posts profitable growth

Today, Nagarro, a global digital engineering leader, presented its unaudited financial numbers for Q1 2024 and released its three-month statement.

PR Newswire 1 hour ago

NGRRF
Heard on the Street Monday Recap: Hello Kitty

Equity indexes have done quite well since the beginning of May on hopes of interest-rate cuts—their mixed performance on Monday notwithstanding. Whether the bullish streak continues will depend, in part, on this week's inflation data. All it seemingly took was a cryptic tweet from the social-media account associated with Keith Gill, a.k.a.

The Wall Street Journal 1 hour ago

GME

AMC

INCY
GLOBAL MARKETS-Asia shares hit 15-month high as traders wait for CPI

Asian shares hovered around 15-month highs on Tuesday and the dollar was firm ahead of highly anticipated U.S. inflation data, while Japanese bonds were squeezed as the central bank pulled back a little on its bond buying programme. U.S., British and European equity futures were broadly steady, with the FTSE and Europe's STOXX 600 set to open near record levels. MSCI's broadest index of Asia-Pacific shares outside Japan hit its highest since early 2023 in morning trade, before settling back to flat.

Reuters 2 hours ago

^HSI

UBER
UPDATE 2-Sony sees higher profit from image sensors, to conduct stock split

Sony Group said on Tuesday it sees operating profit growing 5% to 1.28 trillion yen ($8.2 billion) this business year with a boost coming from its image sensors. Sony is a major supplier of image sensors for smartphones and that business is expected to book a 40% rise in operating profit on higher sales and lower costs. The Japanese conglomerate said it would conduct a five-for-one stock split and buy back up to 2.46% of its shares worth 250 billion yen.

Reuters 2 hours ago

SONY
StoneCo (STNE) Q1 2024 Earnings Call Transcript

STNE earnings call for the period ending March 31, 2024.

Motley Fool 4 hours ago

STNE

Performance Overview

Return	INBC	S&P 500
YTD	+0.25%	+9.47%
1-Year	+0.25%	+26.61%
3-Year	-27.09%	+28.51%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

InBankshares, Corp (INBC)

Related News

Dow ends hot streak, meme stocks pop on major rally: Market Domination Overtime

Biden tariffs, PPI, Home Depot earnings: What to watch

Dow ends win streak, meme stocks surge in Monday rally

GameStop stock soars over 70% as 'Roaring Kitty' revival reignites meme-stock bonanza

Home Depot may see sales drop as consumers seek value: Analyst

GameStop stock pops as Roaring Kitty returns to social media

Inflation and consumer spending updates ahead: What to know this week

Japan's Sony reports surge in profit on strong sales of movies, games and music

UPDATE 1-European shares limp ahead of US data, Powell remarks; Delivery Hero spikes

Sony Profit Outlook Misses Estimates as PS5 Appeal Wanes

GameStop Shares Surge Again as Meme-Stock Phenomenon Returns

Sony Group Profit Jumps on Stronger Game, Movie Earnings

Uber to Buy Delivery Hero’s Taiwan Business for $950 Million

German Arms Maker Rheinmetall Misses Sales, Profit Forecasts in Slow Quarter

European shares muted ahead of US inflation, Powell remarks; Delivery Hero spikes

Nagarro announces Q1 '24 results, posts profitable growth

Heard on the Street Monday Recap: Hello Kitty

GLOBAL MARKETS-Asia shares hit 15-month high as traders wait for CPI

UPDATE 2-Sony sees higher profit from image sensors, to conduct stock split

StoneCo (STNE) Q1 2024 Earnings Call Transcript

Performance Overview