“The S&P 500 is now down 75 points today and has erased its year-to-date gain,”saidcapital markets commentator The Kobeissi Letter in response to the market’s reaction to the economic data prints. “Over $625 billion of market cap has been erased from the stock market today.” 24-ho...
Sirius' growth is still a problem Sirius, which is fresh off its spinoff from Liberty Media, made several announcements in the update. It said it was targeting $200 million in annualized savings by the end of 2025. It's prioritizing retention and growth in the automotive business and sees ...
Why is the positive expression of macroeconomic fundamentals not reflected in the stock market operation and what worries the market? 严控房价成为下跌导火索 Bason, deputy director of the Financial Research Institute of the development research center of the State Council, believes that the decline of ...
Sep 15, 2022 | Zolio Market CommentaryIf you’re relatively new to markets—or, well, let’s be honest, even if you’re not—the unusually high rate of inflation we’ve seen in 2022 and the massive hit stocks have taken at the same time could make you think that high inflation is ...
Bitcoin is something of a gauge for the overall crypto market. When BTC trends up, so do many related digital assets and businesses — and, as in this case, vice versa. So, what else do you need to know about COIN stock’s drop today?
Boxed(NYSE:BOXD) stock is falling hard on Wednesday after the company floated thepossibility of bankruptcyto investors. During a filing with the U.S. Securities and Exchange Commission (SEC), Boxed brought up that it may have to file for bankruptcy. This comes as the company negotiates with...
The U.S. stock market is down about 20% so far this year. And what makes this a particularly bad year for investors isn't just stocks. Bonds are falling in value, too, at the same time. And this almost never happens. So bonds are basically loans. When you yourself loan some money...
Ben Steverman
PayPal said in its presentation that the fourth-quarter revenue outlook reflects the “prioritization of profitable growth.” PayPal has been trying to refocus on volume that carries an attractive margin. Mizuho’s Dan Dolev acknowledged that the revenue foreca...
“generally welcome” news. Meanwhile, market participants such as Jay Hatfield, chief executive of New York-based Infrastructure Capital Advisors, said they would have regarded a 50-basis-point rate cut by the Fed next week as an ominous sign that the U....