Stock market live Thursday: Nasdaq positive for the year, tech strength continues, Dow jumps 200

The Nasdaq Composite turned positive for the year during Thursday's session as optimism about the reopening of the U.S. economy sparked a broad market rally. Energy and financials, as well as industrials stocks like Boeing and the airlines, led the Dow and S&P 500 higher as investors snapped up equities on hopes America could be back to work before long.positive session in a row.The Nasdaq Composite is up 4.35% this week, on pace to break a 2-week losing streak.The S&P 500 is up 1.

Lyft – Shares jumped more than 23% after the company beat revenue estimates for the first quarter. The ride-hailing company lost an adjusted $1.09 per share for the quarter, worse than the 63 cents loss analysts had been expecting, but revenue topped estimates and rose 23% year over year. The number of active riders increased by 3% year over year.

Peloton – Shares of the exercise company surged more than 13% after it said sales jumped 66% year over year, fueled by people staying home amid the coronavirus pandemic. The company lost 20 cents per share on $524.6 million in revenue. —Payments companies PayPal and Square both saw positive data coming out of the coronavirus lockup period as consumers increase their e-commerce spending.

Similarly, Square's CFO said its Cash App generated 112% profit growth in March. "In March and then again in April, Cash App set new highs for its number of net-new monthly transacting actives," Square CFO Amrita Ahuja said on the earnings call. Square reported a loss of 2 cents per share, while analysts were forecasting earnings of 13 cents per share, according to Refinitiv. Morgan Stanley said the downturn makes Square look more like a bank.

I can't transfer with my PayPal account

PayPalNews You put this news to appear all good but you do not allow me to withdraw even after ID, bank account and card confirmed. This is the equivalent to seizure of goods. I can’t wait to just never use your services again

There is nothing essential about payment services like paypal, they are an unnecessary party in a transaction that provides less security than traditional transaction parties. Paypal doesnt investigate fraud, mastercard/visa do.

So buy bitcoin ?

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Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

5 things to know before the stock market opens ThursdayDow futures rise as Wall Street seems to be more focused on the benefits of states starting to reopen their economies than surging jobless claims. Этот твит важен для меня
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

Stock market live updates: Dow futures up 200, oil rallies, weekly jobless claims aheadA conversation about the latest market-moving news, including a surge in oil prices, while investors await the latest unemployment data. Is it time to sell stocks? Long!
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

Stock market live updates: Dow futures up 300, oil rallying, has economy bottomed?Zoom shares jump after the company announces its first acquisition, security start-up Keybase. Follow along with the latest stock market news here:
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

Dow futures flat as stock market braces for private-sector report from ADP that could show 20 million jobs losses in AprilU.S. stock-index futures on Wednesday see lackluster early action in thin trade as investors braced for an update on private-sector employment from ADP for April and react to corporate quarterly updates from some of the nation’s largest companies which are mostly swooning from the effects of the COVID-19 pandemic. Haha it doesn't matter. When they announce unemployment numbers stocks go down 1-2% and they forget the other day and invest more.
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »

Richard Burr brother-in-law Gerald Fauth dumped stock when Burr did - Business InsiderBurr is the chairman of the Senate Intelligence Committee, which has access to the federal government's most classified and sensitive information. Plunged? Just a coincidence of course! Nothing to see here move along
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »