Wall Street's main indexes were set to open sharply lower on Friday as a surge in consumer spending and inflation in January sparked concerns that the Federal Reserve will stick to its hawkish stance for longer.
It wasn't the guidance that Walmart (NYSE: WMT) shareholders were hoping to see. But the retailer's fiscal fourth quarter was strong enough to keep its stock in the black during Tuesday's otherwise bearish, post-report action.
You may have heard the word "recession" more than once in your water cooler talk at work. It's not a coincidence. A January poll of economists estimated that there is a 61% chance that the United States will enter a recession in 2023. That doesn't mean it's a certainty, but it's
If you're surveying the current state of the market and are eager to take advantage of the abundance of fantastic companies trading on sale, you're certainly not alone. And you don't need to have a lot of cash on hand to start positions in wonderful companies with promising long-
U.S. stock index futures fell on Friday as investors turned cautious ahead of a fresh reading on monthly inflation that could offer clues on further monetary policy tightening by the Federal Reserve.
It's always interesting when a growth stock stumbles, not least because it can create a compelling buying opportunity. That's possibly the case with machine vision specialist Cognex (NASDAQ: CGNX). The company disappointed investors with its recent earnings, as 2022 turned out to
For investors looking for big gains, Palantir (NYSE: PLTR), Amazon (NASDAQ: AMZN), and Nio (NYSE: NIO) could be excellent stocks to consider. This video will highlight which one of these growth stocks is the best stock to buy now.
Amazon (NASDAQ: AMZN) disappointed investors in its most recent quarter when the company reported slower-than-normal sales growth and issued guidance that didn't match up with Wall Street's expectations.
Inflation peaked at 9.1% in June 2022 but has eased every month since, declining to 6.4% in January 2023. However, many companies are still feeling the effects of the rising cost of living. For instance, Amazon (NASDAQ: AMZN) experienced steep declines in its e-commerce business
Grupo Televisa, Mexico's largest broadcaster, reported on Thursday a net loss in the fourth quarter of 13.75 billion pesos, hurt by losses related to TelevisaUnivison and declines in its satellite TV units.
The main Wall Street benchmarks closed a topsy-turvy
Thursday in positive territory, with the S&P 500 snapping a
four-session losing streak, as investors grappled with how
interest rate policy might affect the U.S. economy.
Wall Street was mostly lower in choppy trading on Thursday, with the S&P 500 on track for a fifth straight daily decline and the Dow Jones Industrial Average down too, as investors remained wary of further interest rate hikes due to recent strong U.S. economic data.
U.S. stock indexes slipped on Thursday as investors worried that a resilient economy would give the Federal Reserve more room to raise interest rates, although a surge in Nvidia shares helped lift some of that gloom.
Investors in Amazon.com Inc (Symbol: AMZN) saw new options become available today, for the April 6th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AMZN options chain for the new April 6th contracts and identified one put and one call
For Immediate ReleaseChicago, IL – February 23, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to a persistently tight labor market, and further fueling fears that the Federal Reserve could raise interest rates higher than anticipated.
The looming fear of a potential recession for the global economy has been more than a little damaging to growth stocks of all descriptions. The Nasdaq Composite index is down more than 28% from the peak it set all the way back in 2021.
DigitalOcean (NYSE: DOCN) is keeping up with the Joneses. Revenue increased 36% year over year in the fourth quarter of 2022, impressive considering most of the public cloud giants reported a sharp deceleration in growth as the global economy slammed on the brakes after the U.S.