Roblox Corp. RBLX, +21.12% reported September metrics Monday that showed average daily active users (DAUs) rose 23% from a year ago to 57.8 million, which was down from 59.9 million in August but up f...
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Verizon has hit a speed bump, but earnings could show a better road ahead
For Verizon Communications Inc., the pain likely isn’t over yet. After posting net losses of wireless retail postpaid phone subscribers in its consumer business during each of the past two quarters, V...
Canoo stock bounces off record low after order for 9,300 EV and option to double the order, from Kingbee
Shares of Canoo Inc. GOEV, +17.83% bounced 10.9% in premarket trading, off the previous session’s record-low close, after the California-based electric vehicle maker said it received an order fo...
Archaea Energy stock soars 51% premarket on news of takeover by BP in $4.1 billion all-cash deal
Archaea Energy Inc. LFG, -4.90% said Monday it has entered an agreement to be acquired by BP PLC BP, -2.63% for about $4.1 billion in cash including about $800 million of debt. The cash consideration ...
Bank of America beats earnings target as net interest income and revenue rise
Bank of America Corp. BAC, +0.03% shares rose 2.4% in premarket trades Monday after the megabank topped earnings and revenue estimates. The bank said its third-quarter net income fell to $6.58 billion...
The top 25 market events of the last 25 years
On an October morning 25 years ago, MarketWatch started providing real-time news and market data to the general public on the internet. Individuals were fleeing their stockbrokers for new online platf...
This simple chart reveals how much you need to save at 35 to become a millionaire by 65
What it takes to become a millionaire Getty Images/iStockphoto If you’re in your 30s and already dreaming of retirement, you may be wondering: Just how much do I need to start socking away to retire? ...
Classic 60/40 investing strategy sees worst return in 100 years. How about 40/60?
Rules of thumb in investing appear to no longer apply in the carnage of 2022 in financial markets. Advocates for the 60/40 portfolio split, designed to capture the upside of stocks, but offer investor...
What bank earnings tell us about how consumers are doing with high inflation, recession worries — ‘It’s not a crack in current numbers’
For all the worries about inflation’s pinch and the chance of a recession, just-released earnings reports from big banks indicate the wallets of many regular Americans are generally holding up as they...
‘Growing wealth gap and rising inflation … hurt the global economy at almost every turn,’ Jamie Dimon says
What a difference 25 years can make. The world today is a markedly different place from the world that existed at MarketWatch’s inception in October 1997. JPMorgan Chase & Co. JPM, +1.66% CEO Jami...
Kroger unveils $24.6 bln deal to buy smaller grocery chain Albertsons
Kroger has inked a deal with Albertsons to purchase the smaller grocery retailer for $24.6 billion. The acquisition will establish a national footprint “to serve America with fresh, affordable food,” ...
You get some student loan debt erased, but what about the rest of it?
“January is going to be here before you know it,” says Damian Dunn, a certified financial planner and vice president of corporate financial wellness platform Your Money Line. Payments resume in Januar...
Switch up a classic stock and bond portfolio for an inflation-proof mix: Rieder
By some measures, the 60-40 portfolio is experiencing one of the worst years in recent memory. As bonds and stocks have sold off in unison, some people have even questioned whether one of the core ten...
It turns out that bonds may be a riskier investment now than stocks
Stocks are riskier than bonds — everyone knows that. At least until this year. So far in 2022, long-term U.S. Treasurys have significantly underperformed U.S. stocks. The Vanguard Long-Term Treasury E...
The debt vigilantes are back, and even U.S. assets will struggle. Here’s what to buy instead, says one veteran fund manager.
Markets are struggling to extend the previous session’s impressive rebound. There may be a number of reasons why a worse-than-expected inflation report was eventually shrugged off with such vigor on T...
‘We’re seeing buyers backing out’: This dramatic chart reveals U-turn in the housing market as sellers slash home prices
Here’s a chart that speaks a thousand words about the state of the real-estate market right now. The chart above, part of a new report by real-estate brokerage Redfin RDFN, -7.03% on the property mark...
There’s no rush to buy I-bonds
This week’s worse-than-expected inflation report led to turmoil in more than one market, but you only read about one of them. The market that got all the headlines was in stocks, since in the wake of ...
Here’s how ‘rare’ S&P 500’s ‘violent’ reversal was after Thursday’s inflation report — and what history shows may come next, according to Bespoke
The U.S. stock market took an unusual swing after Thursday’s inflation report. “Shortly after the open, the S&P 500 index had dropped nearly 4% from its pre-market highs before staging an epic ral...
First Republic shares fall on net interest income miss; US Bancorp gains
First Republic Bank FRC, -16.13% stock fell 10% Friday in the weakest share price reaction among four regional banks that reported earnings. While First Republic’s third-quarter earnings of $2.2...
Plug Power stock sinks after revenue warning, as supply chain issues offset ‘robust’ demand
Shares of Plug Power Inc. PLUG, -5.04% sank 7.0% in premarket trading Friday, after the hydrogen and fuel cell systems company said 2022 revenue could be 5% to 10% below previous guidance, as some lar...
Nutanix stock rockets toward a 5-month high after WSJ report of buyout interest
Shares of Nutanix Inc. NTNX, +0.76% soared 20.2% toward a five-month high in premarket trading Friday, after The Wall Street Journal reported that the cloud services company has received buyout intere...
Fed’s benchmark interest rate may peak above 5% after Sept inflation data, some economists think
When the Federal Reserve started to raise its benchmark policy interest rate by super-sized 0.75 percentage points in June this year, a few Fed officials and private sector economists talked about how...
This is how high interest rates might rise, and what could scare the Federal Reserve into a policy pivot
The stock market’s reaction to the latest inflation report Thursday underlined just how confused and fearful investors are. The S&P 500 SPX, +2.60% plunged as much as 3% shortly after the open as ...
Stock market’s wild gyrations put earnings in focus as inflation crushes Fed ‘pivot’ hopes
Unrelenting inflation has dashed hopes for a quick pivot away from aggressive interest rate hikes by the Federal Reserve, which in turn is undermining the U.S. corporate earnings outlook for 2023 and ...