Thursday, May 26, 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 Tesla, Inc. (TSLA), The Procter & Gamble Company (PG), and Bristol-Myers Squibb Com
Billionaire Elon Musk was sued by Twitter Inc investors for delayed disclosure of his stake in the social media company in a complaint filed on Wednesday in California federal court.
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Technology stocks were mixed pre-bell Thursday. The Technology Select Sector SPDR ETF (XLK) was up 0.09%, and the Semiconductor Sector Index Fund (SOXX) was slipping by 0.32% recently.
Two months into harsh COVID-19 lockdowns that have choked global supply chains, China's economy is staggering back to its feet, but businesses from retailers to chipmakers are warning of slow sales as consumers in the country slam the brakes on spending.
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A little more than a week ago, Wall Street's brightest and most-successful money managers lifted their funds' proverbial hoods and gave investors a look at what they'd been buying and selling in the most-recent quarter.
Two months into harsh COVID-19 lockdowns that have choked global supply chains, China's economy is staggering back to its feet, but businesses from retailers to chipmakers are warning of slow sales as consumers in the country slam the brakes on spending.
Elon Musk has committed to provide an additional $6.25 billion in equity financing to fund a portion of the $44-billion deal to buy Twitter Inc, a regulatory filing showed on Wednesday.
Wall Street closed higher Wednesday, boosted after minutes from the Federal Reserve's latest monetary policy meeting showed policymakers unanimously felt the U.S. economy was very strong as they grappled with reining in inflation without triggering a recession.
U.S. equities enjoyed a broad pop Wednesday following the release of minutes from the Federal Reserve's most recent meeting, which showed that the central bank's decisionmakers were willing to be both aggressive but flexible in the face of both inflationary and recessionary pre
Wall Street ended higher Wednesday after the release of minutes from the Federal Reserve's latest monetary policy meeting, which showed policymakers unanimously felt the U.S. economy was very strong as they grappled with reining in inflation without triggering a recession.
What happened
Battered by the recent tech stock rout, Zoom Video Communications (NASDAQ: ZM) was reversing course dramatically on Wednesday. Thanks largely to a high-profile investor's buy, the teleconferencing company's shares were up by nearly 10% in late afternoon trading.
Wall Street gyrated on Wednesday after the minutes from the Federal Reserve's most recent monetary policy meeting showed its members were unanimous in their sentiment that the U.S. economy was very strong as they grappled with how to rein in inflation without triggering a recession.
Wall Street's main indexes were mixed in choppy trading on Wednesday ahead of minutes from the Federal Reserve's May meeting, which will likely offer clues on the path of future rate hikes.
U.S. stock indexes shook off early weakness to trade higher on Wednesday as growth stocks rallied, with investors awaiting minutes from the Federal Reserve's May meeting for clues on the path of its policy tightening.
Once worth more than $140 billion, Rivian Automotive (NASDAQ: RIVN) has had a steep fall from grace. Now more than 80% off its all-time high, anyone who bought the stock at the top is deeply in the red. While this might have been an expensive learning experience for some investor
U.S. stock indexes were set for a lower open on Wednesday ahead of minutes from the Federal Reserve's May meeting, which will likely offer clues on the path of future rate hikes amid worries about slowing economic growth.