Topline The second and third-largest bank failures in U.S. history rattled investors’ confidence in bank stocks to the tune of tens of billions of dollars Monday, as the contagion fears from Silicon V...
Tag: stocks today
Losses Top $165 Billion As Analyst Warns SVB Failure Risks Intense Regulator Scrutiny
Topline The second and third-largest bank failures in U.S. history rattled investors’ confidence in bank stocks to the tune of tens of billions of dollars Monday, as the contagion fears from Silicon V...
Dow Falls Nearly 600 Points As Fed Chair Powell Warns More Severe Rate Hikes On Deck
Topline Federal Reserve Chair Jerome Powell struck a more hawkish tune than expected during his semiannual report to Congress on Tuesday, saying the central bank will continue to up the temperature on...
Dow Falls 500 Points As Fed Chair Powell Warns More Severe Rate Hikes On Deck
Topline Federal Reserve Chair Jerome Powell struck a more hawkish tune than expected during his semiannual report to Congress on Tuesday, saying the central bank will continue to up the temperature on...
Stocks Poised For Rally—But Don’t Expect It To Last, Noted Morgan Stanley Bear Wilson Says
Topline The S&P 500 could soon test a seven-month high as stocks prove resilient even as earnings disappoint, according to Morgan Stanley’s famously pessimistic lead equity strategist Michael Wils...
Stocks Post Subpar February Amid Fears Of Higher Interest Rates And Weak Earnings
Topline Major stock indexes fell this month as Wall Street digested the latest round of corporate earnings and reacted to growing expectations the Federal Reserve may hike interest rates higher than a...
Stocks Poised For Losing February As Bank Of America Warns Fed Could Raise Rates To Nearly 6%
Topline Major stock indexes fell in February as Wall Street digested the latest round of corporate earnings and reacted to growing expectations the Federal Reserve may hike interest rates higher than ...
Chip Maker Nvidia Shares Soar 14% As Imaginations For AI Future Run Wild
Topline Nvidia stock skyrocketed Thursday after the Silicon Valley chipmaker smashed on earnings and boasted about its ability to cash in on the artificial intelligence craze, but one analyst says Nvi...
Fed Wants ‘Substantially’ Lower Inflation Before Easing Interest Rates—And Some Officials Backed More Aggressive Hikes
Topline With inflation continuing to run hotter than expected, the Federal Reserve is showing no signs of backing down on its aggressive monetary policy, according to notes from the Fed’s policy...
Dow Falls 700 Points—Biggest Plunge Of 2023
Topline Subpar profit outlooks from two of the nation’s largest retailers fueled a broad decline in stock prices Tuesday, as investors increasingly heed the calls that this year’s rally may be little ...
Chinese Spy Balloon ‘Graphic Reminder’ Of Geopolitical Market Risks—Here’s What It Means For Stocks
Topline The Chinese spy balloon shot down off the coast of South Carolina last week and a subsequent firestorm around three other unidentified objects in North America pose a “graphic reminder of the ...
Chinese Spy Balloon ‘Graphic Reminder’ Of Geopolitical Market Risks—Here’s What Investors Should Know
Topline The Chinese spy balloon shot down off the coast of South Carolina last week and subsequent firestorm around three other unidentified objects in North America pose a “graphic reminder of the fl...
Stock Market Swings After Inflation Fuels Uncertainty Over Fed Rate Hikes
Topline Stocks stumbled Tuesday after data revealed inflation isn’t slowing down as quickly as economists expected—ushering in volatility that many experts predict will only continue in the coming mon...
Lyft Losing War With Uber? Stock Heading Toward Worst Day Ever
Topline Lyft shares cratered Friday as the company’s earnings fell far short of expectations, leading several analysts to declare its war against long-time ridesharing nemesis Uber all but over. Uber ...
Uber Tests 12-Month High After Reporting ‘Strongest Quarter Ever’
Topline Uber smashed expectations in its latest quarterly financials, with CEO Dara Khosrowshahi declaring it the ride-hailing company’s “strongest quarter ever,” as shares speed toward their highest ...
No Sign Of ‘Recessionary Signals’ As Credit Card Spending Soars
Topline American Express shares surged Friday after the U.S.’ second-largest credit card company posted strong quarterly earnings, with American Express brass boasting about its wealthier consumer bas...
Big Tech Stocks Lose $120 Billion After Microsoft Sets Off Earnings Recession Whistles
Topline Stocks fell Wednesday after Microsoft’s quarterly earnings report fell far short of expectations, with the top technology stocks leading the drop as fears mount about how lackluster macroecono...
Stock Sell-Off Intensifies As Investors Quit Cheering On Bad Economic News
Topline Stocks slipped for a third consecutive session Thursday, with the Dow Jones Industrial Average wiping out all of its 2023 gains following a strong start to January, as the market continued to ...
Recession Could Tank The S&P Another 22%—But Tesla And These Other Stocks Could Withstand The Downturn
Topline Trillions of dollars in market capitalization for the nation’s largest public companies will be wiped out this year in the worst-case recession scenario outlined by Goldman Sachs strateg...
Here’s Why Investors Are Bullish On Disney Despite Its Proxy Fight With Billionaire Peltz
Topline Disney shares hit a two-month high Thursday after billionaire activist investor Nelson Peltz launched a proxy fight to gain a seat on Disney’s board of directors, as the expansive entertainmen...
Silvergate Stock Crashes Nearly 50% As Bank Grapples With Crypto Crisis
Topline Silvergate Capital revealed Thursday a series of worrisome financial metrics—including $8.1 billion in withdrawals near the end of last year—connected to the shocking collapse of its top clien...
Chinese Stocks Gain $70 Billion As Ant Group’s New $1.5 Billion Plan Fuels Investor Optimism
Topline Chinese stocks listed on U.S. exchanges soared Wednesday, far outpacing the broader market, as investors latched onto a rare easing of business regulations from Beijing. It was a banner day fo...
Tesla Stock’s 8% Surge Fuels S&P’s Best Day Of December
Topline Shares of Tesla, one of the worst-performing major stocks of 2022, jumped Thursday, headlining a broader gain in the stock market, which looks to cap a no good, very bad year on a positive not...
Tesla Stock’s 6% Surge Drives Market Rally
Topline Shares of Tesla, one of the worst-performing major stocks of 2022, jumped Thursday amid a broader gain in the stock market, which looks to cap a no good, very bad year on a positive note. Stoc...
Here’s How Tesla Stock’s 69% Crash In 2022 Compares To Other Slumping Stocks
Topline During a brutal year for stocks, one has stood out from the rest: Tesla, the electric vehicle giant helmed by America’s wealthiest man Elon Musk, with a precipitous decline that has far outpac...
Here’s How Tesla Stock’s 70% Crash In 2022 Compares To Other Slumping Stocks
Topline During a brutal year for stocks, one has stood out from the rest: Tesla, the electric vehicle giant helmed by America’s wealthiest man Elon Musk, with a precipitous decline that has far outpac...
Stocks Rally Following Strong Inflation Report, Buffett Bets $4 Billion On Chipmakers
Topline Stocks surged Tuesday morning before settling into modest gains, with Berkshire Hathaway’s latest investments leading the rally, after another promising inflation report stoked hope the Federa...
Dow Jumps 400 Points As Midterm Elections Set Stage For ‘Impressive Rally’—Here’s Why This Is Normally A Good Time For The Market
Topline Major stock indexes rose Monday as investors prove optimistic about U.S. midterm elections Tuesday that could break up Democratic control of Congress—this is why experts expect midterms to be ...
Dow Closes Best Month In 46 Years As Investors Shake Off Fed’s Ghouls
Topline The stock market dipped Monday as investors spent Halloween spooked by the Federal Reserve’s interest rate hike plans, though major indexes closed out a banner month after suffering one of the...
Stocks Drop As Investors Haunted By Fed’s Ghouls—Though Halloween Isn’t Always A Spooky Day For Market
Topline The stock market dipped Monday as investors spent Halloween spooked by the Federal Reserve’s rate hike plans, but history says Halloween is not typically a spine-chilling day for the market. H...