When Peloton (NASDAQ: PTON) reported its fiscal 2022 third-quarter financials (ended March 31) on May 10, unsurprisingly, investors were immediately disappointed with a 23.6% revenue decline and a net loss of $757 million. Struggling to regain solid footing amid softer demand is
Taiwan's export orders -- a bellwether for global technology demand -- fell for the first time in 25 months in April, taking a larger-than-expected hit from COVID lockdowns in China and broader global supply chain disruptions.
When Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett buys or sells shares of a company, Wall Street and investors tend to pay close attention. That's because Buffett's investing track record is tough to top.
Thursday, May 19, 2022The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), Berkshire Hathaway Inc. (BRK.B), and S&P Global Inc. (SPGI). The
The NASDAQ 100 After Hours Indicator is up 7.51 to 11,883.14. The total After hours volume is currently 99,324,642 shares traded.The following are the most active stocks for the after hours session: CSX Corporation (CSX) is unchanged at $30.94, with 6,072,840 shares traded. Over
Wall Street ended lower after a volatile session on Thursday, with Cisco Systems slumping after giving a dismal outlook, while investors fretted about inflation and rising interest rates.
The S&P 500 ended lower after a volatile session on Thursday, with Cisco Systems slumping after giving a dismal outlook, while investors fretted about inflation and rising interest rates.
(RTTNews) - Charges have been levied against iPhone-maker Apple Inc. (AAPL) by the Communications Workers of America or CWA of violating federal labour laws at its World Trade Center store in New York City.
What happened
Despite the Nasdaq turning the slightest shade of green today, shares of tech stalwart Apple (NASDAQ: AAPL) dipped in afternoon trading. As of 2:30 p.m. ET, the Naz was up a fraction of 1% -- but Apple stock was down 2.2%.
A bear market can create panic in the markets. And that's certainly happening on the Nasdaq, where the index has fallen 28% year to date. That's even worse than the S&P 500's decline of 18%. Investors may be worried that the bearishness could persist and that stock prices may
It's been a challenging year for new and veteran investors alike. While the 30 blue chips that make up the Dow Jones Industrial Average (DJINDICES: ^DJI) have declined 13% year-to-date, the tech-heavy Nasdaq Composite has fallen nearly 28% at the time of this writing.
U.S. stock indexes were set to open sharply lower on Thursday after the S&P 500's biggest rout this year as investors fretted over the impact of surging inflation on the economy and corporate earnings.
The NASDAQ 100 Pre-Market Indicator is down -136.56 to 11,791.75. The total Pre-Market volume is currently 29,947,508 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -1.1 at $27.05, with 5,801,425 shares traded.