Energy and these 2 other sectors led the S&P 500. Now they’ve tanked. Here’s why that could be good for the stock market.

An unwind of the stock market’s best performing sectors had to happen eventually. And that may be just what this bear market ordered, according to Jonathan Krinsky, chief market technician at BTIG. Si...

Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Text size Uncredited U.S. stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders meetings, and economic-data rele...

FedEx’s Dividend Hike Stands Out

Text size FedEx trucks at a sorting facility Justin Sullivan/Getty Images FedEx grabbed the headlines this week for dividend announcements, declaring an increase of more than 50% to its quarterly payo...

Adobe Stock Is Falling After Hours. Earnings Guidance Was Disappointing.

Text size Software giant Adobe’s light guidance overshadowed a strong fiscal-second-quarter report. Dreamstime Adobe stock is losing ground in late trading Thursday after the provider of softwar...

Apple Stock Has Dropped 25%. This Analyst Says It’s Still the Best Bet in Tech.

Text size Morgan Stanley cut its price target on Apple stock. Dreamstime Morgan Stanley is preparing for a slowdown in consumer spending on tech hardware, slashing target prices on stocks across the s...

Unity Stock Initiated at Sell. It Once Was a ‘Pandemic Darling.’

Text size Hickey initiated coverage of Unity at a Sell rating with a $27 price target. David Paul Morris/Bloomberg Shares of Unity Software were falling in premarket Thursday after an analyst at Bench...

Netflix Stock Cut to Sell. Why This Analyst Says He Made a Mistake.

Text size Netflix shares have plunged by more than 70% so far in 2022 Getty Images A once infatuated Wall Street has definitely cooled on the godfather of streaming, Netflix , with a longtime bear adm...

Fears of MicroStrategy Margin Call Mount as Bitcoin Slumps

Text size MicroStrategy would be forced to add to collateral if Bitcoin slips below $21,000. Dreamstime MicroStrategy , the business-intelligence software maker that borrowed money to invest in Bitcoi...

Opinion: As tech melts down, a truth remains: Semiconductors are eating the world

Everyone’s favorite trade in the stock market, technology, has gone the way of the dodo. Oil and value stocks are all the rage. But one part of technology — semiconductors — is vital not only to the t...

Roku, Tesla, and Other Cathie Wood Favorites Are Falling

Text size Ark Invest CEO Cathie Wood. Courtesy of ARK Cathie Wood’s $12 billion flagship exchange-traded fund was falling again in Monday trading. It is another sign that “innovation stocks” such as R...

New car prices rose again, everyone’s paying over sticker; when will the squeeze start to ease?

The average new car sold for $47,148 in May. That’s not quite the record high prices hit last December. But it’s close — May saw the second-highest prices on record. The average sale price increased b...

MicroStrategy shares slump as bitcoin margin call looms

MicroStrategy has vowed never to sell any of the approximately 130,000 bitcoin it has in its possession. The question after the weekend’s slide in cryptocurrency is whether a margin call will force th...

Oracle Will Report Earnings Soon. Here’s What to Expect.

Text size Oracle company headquarters. Justin Sullivan/Getty Images Maybe Larry Ellison’s software company can save the day. Late Monday, Oracle (ticker: ORCL) will report earnings for the quarter end...

Earnings Are Under Threat, Another Blow to Sagging Stock Market

Stocks have tumbled this year in the face of rising interest rates. But with inflation showing little sign of cooling, many investors fear corporate earnings could be the market’s next support to fall...

Schlumberger, Shell, SunRun, and 3 Other Energy Stocks to Consider in a Hot Market

Two years ago, oil companies were global pariahs, banished not only from the high-minded peaks of Davos but also from lowly index funds. Energy’s weight in the S&P 500 fell below 2%, an astonishin...

These 19 large-cap stocks have now dropped at least 60% from their 52-week highs

The latest inflation figures on June 10 were worse than expected and the effect on stock prices was brutal. A list of stocks in the S&P 500 and the Nasdaq-100 Index that have fallen at least 60% f...

Pausing Solar Tariffs, Tesla’s Stock Split And Quantum Computing For Sustainable Manufacturing

This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. China News Service via Getty Images Earli...

6 Energy Stocks to Consider in a Hot Market

Two years ago, oil companies were global pariahs, banished not only from the high-minded peaks of Davos but also from lowly index funds. Energy’s weight in the S&P 500 fell below 2%, an astonishin...

In a shaky economy, cash is king — and these S&P 500 companies have it, says Barclays

Show investors the money, but make it cold hard cash. That’s the message from U.S. equity strategists at Barclays, who highlighted more than a dozen S&P 500 SPX, -2.48% companies with the best cas...

Western Digital Said It Would Consider Breaking in Two. Its Stock Is Dropping.

Text size Activist investor Elliott Management says that Western Digital’s flash memory business alone could be worth as much as the whole company now. Dreamstime Western Digital stock, after an...

‘I thought it was a sick joke’: They gave up other job offers to work for Coinbase, and are now unemployed

When Hao Jia received an email from Coinbase that his job offer had been rescinded, he was on his way to watch “Top Gun: Maverick,” the blockbuster movie starring Tom Cruise. Jia’s girlfriend had aske...

Shopify Shareholders Approve 10-for-1 Stock Split

Text size Shopify is the latest tech company to split its stock. Dreamstime The stock split trend continues. Shopify (ticker: SHOP ) shareholders on Tuesday approved a 10-for-1 split, along with the i...

This Collaboration Will Use Quantum Computing To Make Manufacturing More Sustainable

Covestro, which had sales of over $17 billion in 2021, aims to be carbon-neutral by 2035. Covestro On Monday, Germany-based polymer manufacturer Covestro announced a 5-year collaboration agreement wit...

AMD, Pfizer, NIO, DocuSign, Campbell Soup, and Other Stocks for Investors to Watch This Week

It’s a relatively quiet week on the earnings calendar. Highlights will include J.M. Smucker on Tuesday, Campbell Soup on Wednesday, and DocuSign, NIO, and Vail Resorts on Thursday. Pfizer also hosts a...

Quantum Computing Will Dwarf Blockchains’ Security – crypto.news

Crypto FUD is Fear Uncertainty and Doubt propagated to fight cryptos and is usually unverified/ false facts about the technology. FUDs range in different industries away from cryptocurrencies so long ...

Okta stock rally shifts into overdrive following hiked outlook as other software companies trim theirs

Okta Inc. shares rallied in the extended session Thursday, adding to gains in the regular session after the identity-management services company reported better-than-expected results and, unlike some ...

Apple stock to suffer first ‘death cross’ chart pattern since the pandemic

Apple Inc.’s stock has fallen far enough and for long enough to produce a certain ominous-sounding bearish chart pattern should didn’t appear during the short COVID-19-induced bear-market selloff of e...

Role of Cloud Computing in Banking and Financial Sector

The banking sector has long been struggling to keep up with the pace of innovation. The push for digitization has made it very clear that financial institutions need to integrate with cloud best pract...

Here Are 6 Stocks That Pay a Lot in Dividends and Have Solid Yields. And Microsoft and Apple.

PepsiCo total quarterly dividend payout and yield make for an intriguing combination. Here, a Pepsi display at a shop in Grovetown, Ga., earlier this year. Billy Blume/Dreamstime.com Text size Sometim...

Small-cap growth stocks are at their lowest P/E valuation in at least 24 years.

Growth stocks typically trade at premium prices. But in this market, rising interest rates have turned small-cap growth stocks into a bargain group. This may be a beautiful setup for long-term investo...

Salesforce Stock Is Rising. Strong Earnings Overshadowed a Guidance Cut.

Text size The Salesforce logo at the company’s headquarters in San Francisco. Stephen Lam/Getty Images Salesforce . com stock headed higher in late trading Tuesday on better-than-expected result...

BIT Mining completes first closing in Bee Computing acquisition

Chinese crypto mining company BIT Mining announced the first closing of its acquisition of Bee Computing, a manufacturer of mining hardware. The Company issued 16,038,930 of its Class A ordinary share...