It’s the peak of the second quarter earnings season, with about 150 S&P 500 The companies are expected to report this week. The highlights on the economic calendar will be a pair of purchasing and work managers’ indexes on Friday. Wednesday’s earnings highlights will be Booking Holdings , CVS Health , eBay , and Modern … Read more
It’s the peak of the second quarter earnings season, with about 150 S&P 500 The companies are expected to report this week. The highlights on the economic calendar will be a pair of purchasing and work managers’ indexes on Friday. Wednesday’s earnings highlights will be Booking Holdings , CVS Health , eBay , and Modern … Read more
Amazon.com Inc. decided to cut back after years of pouring money into growth and resulting in a second straight quarter loss, but a sales beat and continued strong growth from Amazon Web Services helped propel Stocks edged higher in after-hours trading Thursday. Amazon AMZN, + 1.08% reported a second-quarter loss of $2 billion, or 20 … Read more
Investors reacted as if Wednesday’s Fed Chair Jerome Powell’s press conference was dovish, but many economists saw it as the hawks of the street. Here are some key takeaways from Powell’s hour-long discussion with reporters about the state of the economy and central bank policy: Read: Fed raises interest rates to fight 41-year high inflation … Read more
Investors reacted as if Wednesday’s Fed Chair Jerome Powell’s press conference was dovish, but many economists saw it as the hawks of the street. Here are some key takeaways from Powell’s hour-long discussion with reporters about the state of the economy and central bank policy: Read: Fed raises interest rates to fight 41-year high inflation … Read more
Font size Concerns about inflation and recession have weighed on investors. Ed Jones/AFP via Getty Images The stock market fell on Tuesday after Walmart warns that inflation will eat into its earnings as consumers’ spending habits change. By noon, Dow Jones Industrial Average fell 214 points, or 0.7%, while S&P 500 fell 1.2% and Nasdaq … Read more
Font size GameStop has been hit hard as more people download games than use physical discs. Justin Sullivan / Getty Images The GameStop saga is set to take another turn on Friday when shares start trading after the company stock split four by one. Anyone who was GameStop Shareholders of record at the end of … Read more
Font size GameStop has struggled because more and more people are downloading video games than buying them in stores. Spencer Platt / Getty Images GameStop’s The stock split is finally happening — and its stock is skyrocketing on the news. The company announced plans to split its stock in four later this month, sending shares … Read more