U.S. stock futures rose early Wednesday after a strong market rally as the Reddit trading frenzy continued to develop. Dow futures indicated an opening gain of around 60 points. S&P 500 futures and Nasdaq 100 futures also traded in positive territory. Strong profits from Amazon and Alphabet helped the future. Amazon reported that profits nearly…

Amazon announced in its fourth quarter 2020 earnings report that AWS CEO Andy Jassy will replace Jeff Bezos as CEO in the third quarter of this year. Bezos will move to the role of CEO. At $ 125.56 billion, the company posted the highest-revenue quarter of all time, surpassing the symbolic mark of $ 100…

A person walks past a GameStop in the Manhattan neighborhood of New York City, New York, the United States, on Jan. 29, 2021. Carlo Allegri | Reuters GameStop’s shares continued to lose ground on the Tuesday before the bell, with shares of the volatile retail favorite dropping more than 25% in premarket trading. The post-close…

US Treasury bond yields fell slightly on Monday, the first day of trading in February. The benchmark 10-year Treasury note yield fell to 1.08% around 3:30 p.m. ET while the yield on the 30-year Treasury note fell to 1.85%. The returns move inversely to the prices. U.S. Treasury bond yields fell earlier in the week…

A 1 kilogram gold bar sits on top of silver bars at the London bullion dealer Gold Investments in this arranged photo in London, Great Britain, on April 4, 2013. Simon Dawson | Bloomberg | Getty Images Silver futures contracts rose early Monday morning as the Reddit-fueled boom in high-short stocks appeared to spill over…

Dr. Michael Osterholm, Regent Professor, McKnight Presidential Endowed Chair of Public Health and Director of the Center for Research and Policy on Infectious Diseases at the University of Minnesota, announced advances on COVID-19 testing in Minnesota at St. Paul, MN. Glen Stubbe | Star Tribune | Getty Images An epidemiologist who advised President Joe Biden’s…

Chinese President Xi Jinping will take part in the WEF Virtual Event of the World Economic Forum of the Davos Agenda and will give a special address via video link in Beijing, the capital of China, on January 25, 2021. Li Xueren | Xinhua News Agency | Getty Images An anonymous author, himself described as…

United States President Joe Biden speaks out on combating climate change before signing executive measures in the State Dining Room of the White House in Washington on January 27, 2021. Kevin Lamarque | Reuters President Joe Biden took a series of executive action on climate change in his first few weeks in office to undo…

US stocks fell sharply on Friday, ending a rollercoaster week on Wall Street as retail speculative trading continued to unsettle the market. The Dow Jones Industrial average fell 620.74 points, or 2%, to 29,982.62, the first time since December 14 that the 30-share mark closed below the 30,000 mark. The S&P 500 fell 1.9% to…

Check out some of the largest moving companies on the pre-market: Biogen (BIIB) – The drugmaker’s shares rose nearly 12% ahead of launch after it was revealed that the Food and Drug Administration extended the review period for its experimental Alzheimer’s treatment aducanumab by three months. Biogen will provide additional data to the FDA as…