The Federal Reserve is under the gun as the market plunges ahead of its first rate-setting meeting of 2022, and at least one star money manager says that the central bank could be making a policy erro...
Tag: Stock
Growth slowdown to spark 10% stock plunge, Morgan Stanley warns
Investors may be playing with fire. According to Morgan Stanley’s Mike Wilson, the S&P 500 is vulnerable to a 10% plunge despite Monday’s late buying binge. He warns investors are dang...
Stock market news live updates: January 25, 2022
U.S. stock futures were little changed in post-market trading Monday after equities staged a historic turnaround at the end of a whipsaw session wrought by heightened fears over rate hikes and a lackl...
Occidental Petroleum is ‘the only oil stock that I don’t like here’
EQRx Inc.: “What certain companies have to do is, they have to buy biotech companies. This is the kind of company that needs to be bought. It shouldn’t be independent.” DigitalOcean ...
Stock futures are little changed after volatile session
U.S. stock index futures were little changed in overnight trading Monday, after a wildly volatile session that saw the Dow erase a more than 1,100 point decline to finish the day in positive territory...
IBM stock rallies as earnings, sales surge amid Kyndryl spinoff
International Business Machines Corp. shares rallied in the extended session Monday after Big Blue topped Wall Street expectations following the spinoff of its managed infrastructure-service business,...
Stock Market ‘Panic Is Setting In’ As S&P 500 Briefly Enters Correction Territory Then Rebounds
Topline The stock market plunged earlier today—with the S&P 500 briefly falling into correction territory—before rebounding in volatile trading as investors worry about rising interest rates and a...
Why Warren Buffett’s Berkshire stock will boom in 2022
Although it’s been a rough decade for Warren Buffett’s Berkshire Hathaway (NYSE:BRK.B), 2022 may be the company’s comeback year as value stocks have rebounded in recent months. Berkshire has even outp...
Activist investor wants Peloton to do this to boost its stock price
Shares of Peloton Interactive Inc (NASDAQ: PTON) jumped more than 10% on Monday after Blackwells Capital sought to oust CEO John Foley and said the fitness products company should consider a sale to b...
‘Catastrophic’ Stock Market Crash Isn’t Over—Here’s How Much Worse It Could Get
Topline As a weeklong sell-off that’s pushed major indexes down into bear-market territory intensifies, investment banks are warning clients the worst may be yet to come, with some experts warni...
‘Waiting for the perfect moment may not be the best strategy’: 3 things Americans can do right now as stock markets plunge
Americans woke up Monday morning to a stock market in sharp decline. In many ways, it was a replay of what investors have seen in recent weeks. Last week, the Dow Jones Industrial Average DJIA, -1.57%...
Jim Chanos says the notion that the Fed will always bail out the stock market is dangerous
James Chanos and Leon Cooperman at the 2019 Delivering Alpa conference in New York on Sept. 19. 2019. Adam Jeffery | CNBC Short-seller Jim Chanos said the belief that the Federal Reserve will always r...
Panic-like selling emerges Monday as stock market tumbles and Dow skids over 1,000 points
Panic-like behavior was starting to set in on Wall Street, at least from a technical perspective. Trading in New York Stock Exchange-listed stocks at midday Monday exhibited panic-like-selling action ...
Shares of Rivian and other EV start-ups tank amid stock sell-off
Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images Shares of Rivian Automotive and oth...
Cathie Wood ditched Twitter to load up on this crypto stock
Billionaire investor Cathie Wood had bought more than a million shares of Twitter Inc (NYSE: TWTR) last month. As of Monday, however, the microblogging and social media platform has lost her interest....
Stock Market ‘Panic Is Setting In’ As S&P 500 Enters Correction Territory
Topline The stock market plunged again on Monday—continuing a brutal streak of losses—with the S&P 500 falling into correction territory as investors worry about rising interest rates and await a ...
Pfizer Stock Topples After FDA Rejects OPKO-Partnered Rare Disease Drug
Pfizer stock skidded Monday after the Food and Drug Administration rejected its rare-disease drug — leading a smaller decline for similarly jilted Merck stock. X The companies received Complete Respon...
Kohl’s stock jumped 35% on Monday morning: here’s why
Shares of Kohl’s Corp (NYSE: KSS) jumped nearly 35% on Monday after the American retail chain confirmed it had received takeover proposals from at least two private equity companies. Kohl’s received a...
5 things to know before the stock market opens Monday, Jan. 24
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street to open lower after Nasdaq’s worst week since March 2020 Traders on the floor...
Is the Intel stock too cheap to ignore ahead of earnings?
The Intel (NASDAQ: INTC) stock price is under pressure ahead of the upcoming quarterly earnings. The stock is trading at $52, which is a few points below last week’s high of $56.35. It is also about 2...
Kohl’s Stock Surges as Retailer Feels Pressure From 2 Possible Suitors
Text size Justin Sullivan/Getty Images Kohl’s shares surged more than 28% in premarket trading Monday following reports the retailer could be fielding takeover offers from two suitors. The Wall Street...
Bitcoin Drops to 6-Month Low, Ether Eyes Bearish Cross as US Stock Index Futures Erase Early Gains
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Netflix Stock Might Be a Buy After Earnings Selloff
Text size Netflix added 8.3 million subscribers in the fourth quarter, but the company’s first- quarter forecast came up well short of Wall Street’s estimate. Dreamstime And just like that, Netflix pr...
Stock futures rise slightly following S&P 500’s worst week since March 2020
Trader on the floor of the NYSE, Jan. 21, 2022. CNBC Stock futures rose slightly in overnight trading Sunday, following the S&P 500’s worst week since March 2020, as investors awaited more c...
Market Breadth Shows Stock Sell-Off Not Over And Could Have More Weakness Ahead
Despite the S&P 500 (SPX) has come down nearly 10% off the peak in this month, with stock market breadth continues the downtrend since May 2021, there is no sign of market bottoming. Having said t...
Is it too risky to buy PayPal stock as it hits a 52-week low?
PayPal Holdings Inc. (NASDAQ:PYPL) is the world’s most popular digital money transfer platform. In today’s stock market, the fast-growing company remains one of the most well-known equities. However, ...
The Stock Market Stepped Into Bear Territory Last Week – Temporary Visit?
Grizzly bear on rocky hillside under a gray, cloudy sky getty Another downer week, only worse. Thursday morning’s secure-looking barriers gave way in the afternoon. Friday blipped up then contin...
Goldman Sachs Stock Is a Buy—Even After a Disappointing Quarter
The lobby of the Goldman Sachs headquarters building in lower Manhattan. Goldman had a strong 2021, although trading slowed in the fourth quarter. Victor J. Blue/Bloomberg Text size Goldman Sachs Grou...