South African
stocks surged after President Jacob Zuma resigned, with the benchmark FTSE / JSE Africa All Shares index rising as much as 2.7 % - the biggest gain since June 2016.
Several others, including a biotech firm that changed its name to Riot Blockchain, Long Island Iced Tea which changed its name to Long Blockchain, and Hong Kong - based UBI Blockchain have all seen
stocks surge as a direct result of their newfound allegiance with crypto tech.
And just as confounding was the way
U.S. stocks surged in the aftermath — because implicit in that surge was a belief that a Trump administration could overcome some very challenging economic obstacles.
Andy Serwer, Yahoo Finance editor - in - chief, discusses which media mega-deal mergers are ahead after Sprint
stock surges on talks of a merger.
As
stocks surged following Trump's election, market watchers warned that the President's proposed corporate tax cuts may take longer to appear than investors seemed to expect.
In corporate news, Macy's
stock surged nearly 3.5 percent after the company reported better - than - expected earnings results.
One company that highly benefited by linking to Bitcoin is Overstock, the American Internet Retailer, whose
stocks surged by 250 percent this year.
Canopy's
stock surged approximately 270 per cent in the past year and the company is worth $ 7.1 billion, more than Maple Leaf Foods or Air Canada.
Its questionable defenses range from the claim that a
recent stock surge heralds a durable comeback to blaming a hit from the strong dollar for its flagging sales.
Japanese shares rallied thanks to Tokyo's Olympic bid victory, which helped lift sentiment, while
Chinese stocks surged following positive economic data that...
Short interest in a number
of stocks surged in the most recent settlement period.
The massive
stock surge video game giant Nintendo saw after announcing two major initiatives with Apple this week didn't last very long, but the Japanese company's shares were still strong Thursday compared to its 52 - week low.
U.S.
stocks surged Monday after a Federal Reserve official said the central bank shouldn't raise interest rates too soon, which came as a big relief to investors.
Even after Whole Foods
stock surged Friday on the news of the sale, Amazon was still getting a 36 % discount compared to what the healthy retailer was worth back in 2013.
The
initial stock surge came as Alphabet said that first quarter revenue jumped 26 % to $ 31.15 billion and net profit rose 73 % to $ 9.4 billion, or $ 13.33 per share.
Herbalife stock surged more than 12 % Friday morning, adding more than $ 700 million to the value of the company, after its first - quarter earnings results Thursday blew past Wall Street's expectations.
Amazon, for its part, is doing just fine, news coverage notwithstanding:
Amazon stock surged as much as 13 % Friday after the tech company's earnings report blew past Wall Street's expectations, raising Bezos's net worth with it.
Casino stocks surged after revenue in Macau posted the first positive monthly year - over-year revenue growth in more than two years.
U.S.
chipmaker stocks surged for second straight session, with the Philadelphia Semiconductor index up 1.4 percent and heading for its strongest two - day performance since July.
Entercom's
stock surged over 10 percent when news of the deal broke in February, but it has since sold off, shedding almost $ 6.
European stocks end up by 1.2 %, rallying from 1 - year low Deutsche Bank looking for new CEO, says report
European stocks surge to a higher finish Tuesday, breaking a string of losses as concerns about a global trade war eased and as investors turned their focus to deal news and other corporate development.
The internet chat forums are full of people pumping up stocks and you also have
penny stocks surging in light of people looking for the next free lunch.
04/12/2018
Stocks surged today, as traderswaited for first - quarter earnings season to commence.
Apple's
stock surge helps push Dow futures into positive territoryShares of Apple Inc. surged 4.4 % in premarket trade Wednesday, to help push futures of the Dow Jones Industrial Average into positive territory, on the back of a.
Tech stocks surged following President Trump's election but have underperformed the market this month on risks tied to Facebook's privacy scandal.
The company has seen great success with its price reduction in the UK and the
US stocks surged on the news while Microsoft was offering one billion dollars for Nook Media.
Then again, the resulting
Kodak stock surge might be nothing more than a short - term blip once the Bitcoin buzz settles down again.
Small stocks surged since our last update with the All Stars rocketing up 58.1 % since the spring of 2016.
Its worst performance versus the index, for example, came in 2009 when low -
quality stocks surged as it became clear the financial crisis was over,» wrote Jason Kephart, senior manager research analyst for Morningstar.
As
many stocks surge to record highs, keep in mind that it just takes a little bad news to send a company's stock price plummeting.
So that's a couple of actual / takeover
induced stock surges (CFGP & Elan Corp (ELN: US)-RRB-, some penny - stock gyrations, while the rest have racked up some really nice performance.
(Bloomberg Gadfly)-- Don't be fooled by Sears's
latest stock surge: The retailer may have come back from the dead, but its pulse is long gone...
Following the news, United States Steel's (x)
stock surged nearly 18 %, AK Steel Holding (aks) jumped 19 % while ArcelorMittal (mt) gained 10 % during midday trade Wednesday.
Canopy's
stock surged approximately 270 per cent in the past year and the company is worth $ 7.1 billion, more than Maple Leaf Foods or Air Canada.
The continued rebound of oil prices has helped steer the
recent stock surge and, on Thursday, materials and industrials trading higher further bolstered the blue chip indices.
Chinese stocks surged on Monday after several leading companies forecast strong mid-year earnings and economic data showed growth.