Wall Street ended sharply higher on Tuesday, lifted by Apple and Microsoft, while a jump in Treasury yields elevated bank stocks ahead of a key inflation reading this week.
Unless you've been living under a rock for the last several months, it's likely that you've come across your fair share of headlines about the metaverse. Whether or not you find yourself fascinated by this virtual-first world, there's no denying that investment opportunities in t
Wall Street ended higher on Tuesday, lifted by Apple and Microsoft, while a jump in Treasury yields elevated bank stocks ahead of a key inflation reading this week.
What happened
Shares of Meta Platforms (NASDAQ: FB) were sliding once again today as investors continued to process comments made by the company recently that indicated that Meta could potentially shut down Facebook and Instagram in Europe due to increasing regulations.
It seems the metaverse is just about all that corporate leaders and investors can talk about these days. But will this virtual-first world really live up to expectations? In this segment of Backstage Pass, recorded on Jan. 10, Fool.com contributors Toby Bordelon and Jason Hall di
Big Tech gave major U.S. stock indexes a boost on Tuesday and European shares ended largely unchanged as rising bond yields pressured technology stocks and a sharp fall in oil prices took the shine off bumper profits from oil company BP.
Wall Street put up a moderate show last week with the S&P 500 (up 1.6%), the Dow Jones (up 1.1%), the Nasdaq Composite (up 2.4%) and the Russell 2000 (up 1.7%) all yielding positive results despite a few headwinds.
Wall Street rallied on Tuesday, lifted by Apple and Microsoft, while a jump in Treasury yields elevated banking stocks ahead of a key inflation reading this week.
Meta Platforms (FB), Facebook's newly formed parent company, has struggled over the past week, seeing its valuation get hit hard. But there are compelling reasons to consider buying the stock now.
U.S. stock indexes climbed on Tuesday, boosted by Apple and Microsoft, while a jump in Treasury yields lifted banking stocks ahead of a key inflation reading this week.
Major U.S. stock indexes were higher on Tuesday in choppy dealings as Europe slipped despite bumper BP profits, while the euro was pegged back as the European Central Bank tried to cool interest rate hike expectations.
Stock markets stumbled on Tuesday as Wall Street opened lower, Europe gave up gains built on bumper BP profits, while the euro was pegged back as the European Central Bank tried to cool interest rate hike expectations.
The S&P 500 and the Nasdaq opened lower on Tuesday as mixed earnings and fresh declines in shares of Meta Platforms added to jitters ahead of inflation data this week that could offer clues on the U.S. Federal Reserve's path of interest rates.
U.S. stock futures pointed to a subdued open on Wall Street on Tuesday as mixed earnings and fresh declines in Meta Platforms added to jitters ahead of inflation data this week that could offer clues on the path of interest rates.
The NASDAQ 100 Pre-Market Indicator is down -31.03 to 14,540.22. The total Pre-Market volume is currently 30,069,184 shares traded.The following are the most active stocks for the pre-market session: Velodyne Lidar, Inc. (VLDR) is +1.48 at $5.25, with 8,212,631 shares traded. As
Over the past three months, high inflation and the threat of higher interest rates sparked a grueling rotation away from riskier assets and toward more conservative investments. That sell-off crushed most cryptocurrencies and undermined the much-touted idea that such tokens could
Shares of Pinterest (NYSE: PINS) have been hammered, with them hitting their all-time high almost a year ago. Shares are currently almost 70% off these highs, even though the company is making impressive strides in further monetizing its large user base.
Pinterest's (NYSE: PINS) stock price jumped 11% on Feb. 4 after the social media company posted its fourth-quarter earnings report.Its revenue rose 20% year over year to $847 million, which topped estimates by $19 million. Its adjusted net income increased 15% to $339 million, or