Stocks opened Thursday’s trading session higher following labor market data that was weaker than expected and ahead of Friday morning’s key February jobs report. Shortly after the opening ...
Tag: Weak
Dow Jones Falls On Weak Manufacturing Data; Elon Musk Readies For Tesla Investor Day
The Dow Jones Industrial Average dropped Wednesday, starting March on a down note, even as rallying China markets lifted global trade. Meanwhile, China electric-car maker Nio (NIO) slipped around 4% o...
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...
Berkshire Rail, Insurance Units Earnings Slip on Weak Demand
(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. reported weaker results in some of its key businesses, underscoring fears the US economy is facing a bumpy road ahead. But that didn’t dent...
Coinbase Not ‘Throwing in the Towel’ on NFT Marketplace Despite Weak Volume
Cryptocurrency exchange Coinbase signaled yesterday that it’s not backing away from its NFT venture anytime soon. That’s despite a drastic drop in volume over time and fresh scrutiny from shareholders...
Warner Bros. Discovery sinks on earnings miss, weak advertising revenue
Warner Bros. Discovery (WBD) reported disappointing quarterly results after the bell on Thursday as the company continues to grapple with increased cord cutting, more streaming competition, and a doub...
Unfazed By A Weak Market, Hong Kong Property Tycoon Lee Shau Kee’s Henderson Land Bets On Future Growth
This story appears in the February/March 2023 issue of Forbes Asia. Subscribe to Forbes Asia From left: Martin Lee, Lee Shau Kee and Peter Lee. S.C. Leung/ZUMA Press/Newscom This story is part of Forb...
SNPS Stock: Synopsys Falls On Weak Guidance
Chip design software maker Synopsys (SNPS) late Wednesday delivered better-than-expected earnings on in-line sales for its fiscal first quarter. But it guided lower than views for the current quarter....
Shopify Stock Rally Snuffed Out On Weak 2023 Revenue Outlook
E-commerce firm Shopify (SHOP) on Wednesday reported earnings and revenue for the fourth quarter that topped analyst estimates. But Shopify stock fell as the company’s 2023 revenue outlook fell ...
Lyft stock tanks 30% on weak guidance: buy on the sell-off?
Shares of Lyft Inc (NASDAQ: LYFT) crashed over 30% in extended trading on Thursday after the ride-hailing company cited “seasonality” and issued weak guidance for its current financial quarter. Is it ...
Pro says ‘Take-Two shares are attractive’ despite weak guidance
Take-Two Interactive Software Inc (NASDAQ: TTWO), on Monday, reported weaker-than-expected results for its fiscal Q3 and lowered its guidance for the future. Shares are still keeping their own in afte...
Bill.com stock drops 20% as weak revenue forecast overshadows earnings beat
Bill.com Holdings Inc. shares dropped in the extended session Thursday after the business automation software company’s revenue outlook struggled to exceed Wall Street expectations. Bill.com BILL, +8....
UK corporate law is too weak for crypto scammers, report shows
A recently released investigative report compiled by the Bureau and the Observer reveals that organized criminal groups use the United Kingdom as a virtual base for their scamming activities due to th...
The Weak Link In DOJ’s Antitrust Case Against Google’s Ad Tech Dominance
The case that the Department of Justice announced on January 24 is similar to the ad tech case brought by the Texas Attorney General in 2021. Both focused on the monopoly Google seems to possess throu...
Hasbro warns of weak holiday quarter results, cuts jobs
Game maker Hasbro Justin Sullivan | Getty Images Hasbro said Thursday it would eliminate around 1,000 employee positions and warned of weak holiday-quarter results. Shares of the toy maker fell more t...
Stock weak following surprise loss, revenue miss
Boeing (BA) stock is trading lower in the pre-market as the aerospace and defense company reported a fourth-quarter revenue miss and surprise earnings per share (EPS) loss. For the quarter Boeing repo...
Solana (SOL) price rally could fizzle out due to weak fundamentals
Solana’s (SOL) recent 250% rally to $25 has shocked many investors in the crypto market. At the same time, traders who had eyes on the negative funding rate for SOL in the futures market could have an...
Nordstrom’s Weak Christmas Sales Adds To Gloomy Expectations
West Palm Beach, Florida, getty We are just weeks away when retailers report their fourth quarter results. NordstromJWN sales in the nine weeks ended January 1 were down 3.5% and the Rack was down 7.6...
Dow Jones Futures Fall: Microsoft Erases Gains On Weak Guidance; Tesla Earnings On Tap
Dow Jones futures fell after hours, along with S&P 500 futures and Nasdaq futures, as Microsoft (MSFT) guidance overrode better-than-feared earnings. ASML (ASML), Boeing (BA) and Tesla (TSLA) are ...
Morgan Stanley Says US Stocks Aren’t Pricing Weak Data
(Bloomberg) — The improving sentiment toward US equities is at odds with a backdrop of weakening economic data and earnings, according to Morgan Stanley strategist Michael Wilson. Most Read from...
Customers Are Suing Coinbase, Claim the Exchange Had Weak Security Practices
A group of investors that filed a class-action lawsuit against popular digital currency exchange Coinbase are now withholding their account information as a means of preventing their case from moving ...
Nordstrom sinks after retailer posts weak holiday sales
Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Shares of Nordstrom fell Thursday, after the department store chai...
Dow drops over 600 points, posts worst day of year after weak economic data, hawkish Fed remarks erase inflation cheer
U.S. stock indexes finished sharply lower on Wednesday, with both the Dow Jones Industrial Average and the S&P 500 index booking their worst day in over a month, after data on falling retail sales...
CCL Stock Price Analysis: Carnival Corporation Sails High Waters; Weak Selling Pressure in the Last Two Weeks
Covid-19 adversely affected the global economy – especially the travel and tourism sector as the countries became walled gardens thanks to lockdowns and travel bans across the globe. Nations are start...
Coinbase Junk Bonds Further Downgraded by S&P on Weak Profitability, Regulatory Risks
Coinbase earns most of its revenue from retail trading fees, and trading volume has dropped even more sharply in recent weeks. As a result, S&P expects the U.S.-based exchange’s profitability to “...
Halo Therapeutics stock drops following weak 2023 outlook
Halozyme Therapeutics Inc. HALO, -10.09% stock fell in the extended session Tuesday after the biotech drug maker’s 2023 forecast disappointed Wall Street. Halozyme shares fell as much as 8% after hour...
Bitcoin On-Chain Data Shows Weak Baseline For 2023: Report
Even though Bitcoin (BTC) and the broader crypto market are experiencing an upswing in the first days of the new year, on-chain data shows that the market remains in a deep slumber. As Glassnode expla...
Crypto benefits from weak dollar
The dollar is down today and the crypto ecosystem is making hay. Dollar rolling over Today dawned fair for crypto as the dollar waned against most other assets. USDT domination looks as though it migh...
Litecoin Price Outperforms Amid Weak Crypto Market Conditions, Which is Next Resistance
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Stock To Flow Model Creator Says BTC Is Weak Despite Recent Gains
– Advertisement – Despite setting off on a slowly-gaining path, BTC is showing weak signs, says Plan B. PlanB, an analyst who rose to prominence by creating the BTC Stock-to-Flow model, in...