Amazon.com Inc. is expected to reveal this week its first unprofitable year since 2014 and the worst year for its bottom line since 2000 — and expectations for this year aren’t headed in a positive di...
Tag: article_normal
Bear market unlike anything I’ve seen since starting on the Street in 1980, says short selling legend Jim Chanos
“I’ve been on the Street [since] 1980 [and] not one bear market has ever traded above nine times to 14 times the previous peak earnings.” That was short selling giant Jim Chanos, founder of Kynikos As...
NXP Semiconductor stock falls as outlook comes up short of expectations
NXP Semiconductors NV shares dropped in the extended session Monday after the chip maker’s quarterly forecast fell short of Wall Street expectations. NXP NXPI, -1.13% forecast earnings of $2.82 to $3....
Emeren launches as new name for ReneSola, with unchanged ticker symbol
Emeren Group Ltd. SOL, -4.07% said Monday it’s no longer calling itself ReneSola Ltd. Its new name, Emeren Group, is derived from “empowering renewables,” the company said. Emeren Group’s U.S.-listed ...
These 2 dividend-stock ETFs are more like growth funds in disguise. Can either still work in your income portfolio?
Quality-stock and dividend-focused strategies shined during the market declines of 2022, rebounding from what investors may have found to be disappointing performance during the previous long bull mar...
Morgan Stanley’s Mike Wilson warns the stock market’s January rally could end this week
A surprisingly good start for the U.S. stock market in 2023 is likely to fade this week as the Federal Reserve is set to announce its eighth consecutive rate hike at the conclusion of its policy meeti...
Ford to cut Mustang Mach-E prices as price war with Tesla ‘intensifies’
Ford Motor Co. said Monday that it would be “significantly increasing” production of its Mustang Mach-E in 2023 as the company continues its efforts to improve supply of its electric-vehicles and cut ...
Genius Brands stock soars after plans to spinoff $37 million Entrepreneur Resorts subsidiary
Shares of Genius Group Ltd. soared 43.0% toward a five-month high in premarket trading Monday, after the Singapore-based education company said it will spin off its Entrepreneur Resorts Ltd. subsidiar...
SoFi stock gains after company gives upbeat 2023 earnings forecast
Shares of SoFi Technologies Inc. SOFI, +14.48% were rising 7% in premarket trading Monday after the digital financial services company delivered an upbeat earnings forecast for the full year ahead. Th...
GE HealthCare stock rises after reporting first results after GE spinoff, with revenue rising 8% but profit slipping
Shares of GE HealthCare GEHC, rose 1.3% in premarket trading Monday, reversing an earlier loss, after the medical technology and pharmaceutical diagnostics company reported its first results as a publ...
Dow futures drop 200 points as Fed decision, tech earnings await
U.S. stock futures slumped on Monday to kick off a big week that features a Federal Reserve interest-rate decision, a jobs report and several key technology-sector earnings. What’s happening Dow Jones...
Asian shares mostly rise, but Hang Seng drops over 2% as Alibaba tumbles on reports of headquarter shift
BANGKOK (AP) — Shares were trading mixed in Asia on Monday after Wall Street benchmarks closed higher on Friday, capping a third week of gains out of the last four. Tokyo and Shanghai rose while Hong ...
Demand for jobs drops off in January, headhunter Robert Half says
Robert Half International Inc.’s stock rallied Friday after fourth-quarter profit beat expectations, but the staffing-services company provided a mixed outlook for the current quarter as revenue from ...
Fed rejects crypto bank’s application to join U.S. payment system
The Federal Reserve Board on Friday rejected a Wyoming-based crypto-centric bank’s application to become a member of the central bank’s exclusive payment system. In a press release, the Fed said the f...
Welcome to Purgatory on Wall Street
The stock market over the next decade will barely keep up with inflation. That’s according to an average of the 10-year projections of the eight valuation indicators I highlight in this space every mo...
This week’s Fed vs. markets showdown could decide fate of early 2023 stock rally
Let’s get ready to rumble. The Federal Reserve and investors appear to be locked in what one veteran market watcher has described as an epic game of “chicken.” What Fed Chair Jerome Powell says Wednes...
These money and investing tips can warm your portfolio when stocks cool
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Think you know where interest ...
‘Timing couldn’t be worse’: Inflation is easing, but more people are using credit cards for unexpected expenses — and the next Fed meeting will raise borrowing costs
A record number of people say they would need to pay for an unplanned $1,000 expense by using their credit card, according to a new survey showing the burden of high prices even as inflation rates ebb...
S&P 500 nears first ‘golden cross’ in 2½ years, but this doesn’t guarantee more gains ahead
The S&P 500 is on the verge of achieving its first “golden cross” in 2½ years, but that doesn’t mean stocks are destined for more gains over the coming year. The golden-cross indicator is used by ...
How to get a 6% return in bonds this year, according to Guggenheim
After an awful year, a straightforward strategy has been shaping up for investors to get an estimated 6% return in the bond market, according to Guggenheim Partners. The Federal Reserve’s rapid pace o...
Tech stocks are having their best January in decades — here’s why that may not be a good sign
Technology stocks are on quite a tear to start 2023, but that could actually be an ominous signal. The Nasdaq Composite Index COMP, +0.95% is up 11% so far this month, on track for its best January pe...
AMD earnings face even more scrutiny after ‘astonishingly bad’ Intel outlook
Advanced Micro Devices Inc. gets to show Wall Street if it “certainly” ended 2022 in a better place, after the price of clearing inventory helped gut results from rival Intel Corp. AMD AMD, +0.32% is ...
Carvana stock soars in active trading to lead the NYSE’s gainers
Shares of Carvana Co. CVNA, +19.54% soared 20.8% in active afternoon trading Friday, enough to pace the New York Stock Exchange’s (NYSE) gainers list. Trading volume swelled to 28.6 million shares, al...
What will the Fed and Jerome Powell do next week?
Jittery U.S. investors are still in “bad news is good news” mode because they want to see interest rates decline. And they expect to get what they want, as shown by the inverse yield curve. Two-year U...
‘My stepmother has been less than ethical’: I suspect my stepmom removed me as beneficiary from my late father’s life-insurance policy. What can I do?
Dear Quentin, My dad passed away in March 2019. My stepmom told me I had an inheritance from my dad. She ceased communication with me after my dad passed away. I reached out to the Department of Fina...