© REUTERS AMD (AMD) Stock: 3 Analysts Discuss Results After Big Beat Sent Shares 6% Higher Shares of Advanced Micro Devices (NASDAQ:) are up nearly 6% in premarket trading Wednesday after the company issued better-than-expected Q2 revenue and margins outlook. For Q1, the chipmaker an adjusted EPS of $1.13,Read More →
Cathie Wood’s ARK Innovation ETF is taking another bruising in the U.S. stock market selloff Wednesday, with the technology sector being hard hit amid concern the Federal Reserve is turning more hawkish in battling soaring inflation. Shares of the ARK Innovation ETF ARKK, -4.71%, an exchange-traded fund managed byRead More →
Americans have good reason to be unhappy with the economy and President Joe Biden. At the State of the Union, he bragged on the strong recovery, but abstract statistics like GDP growth, the unemployment rate and average hourly wages don’t rhyme well with many voters’ personal experiences. Paychecks aren’t keeping upRead More →
© Reuters. FILE PHOTO: A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, March 7, By Davide Barbuscia NEW YORK (Reuters) – Wild swingsRead More →
© Reuters. FILE PHOTO: The logo of Airbus is seen on a building in Toulouse, France, March 11, 2021. REUTERS/Stephane Mahe PARIS (Reuters) – European planemaker Airbus chose the Australian miner Fortescue Metals Group (OTC:) Ltd’s hydrogen unit to help it reduce CO2 emissions from flying, Fortescue Future IndustriesRead More →
I’m looking for a small-town atmosphere, with open land around it and maybe a body of water nearby. I always said my ideal would be water in the front and trees in the back. I can’t be too far from the family just west of the Chicago suburbs, butRead More →
Shares of Match Group Inc. were off 3% in after-hours trading Tuesday as the online-dating giant delivered a lower-than-expected forecast, citing pressure from the omicron variant. The company reported a fourth-quarter GAAP net loss of $168.6 million, or 60 cents a share, whereas it earned $149.0 million, or 50Read More →
© Reuters By Dhirendra Tripathi Investing.com – Infosys ADRs (NYSE:) rose 5% on Wednesday after the company raised its annual revenue guidance following a strong third quarter. India’s second-largest software services firm said it expects revenue growth of 19.5% to 20% for the financial year to March, compared withRead More →
© Reuters. FILE PHOTO: Brendan Lo (13) receives a dose of the Pfizer-BioNTech vaccine for the coronavirus disease (COVID-19) at Northwell Health’s Cohen Children’s Medical Center in New Hyde Park, New York, U.S., May 13, 2021. REUTERS/Shannon Stapleton (Reuters) -The U.S. Food and Drug Administration on Monday authorized theRead More →
The World Health Organization warned Tuesday that Europe’s death toll from the coronavirus-borne illness COVID-19 could exceed 2 million by March, as cases have climbed to nearly 4,200 a day and the illness has become the No. 1 cause of death on the continent. WHO European regional director Dr.Read More →
Roblox Corp. was digging itself out from a three-day outage that shut millions of users out Monday, as investors wiped away more than $1 billion of the videogame company’s market capitalization. Roblox RBLX, -2.68% shares declined as much as 4% Monday, and were last down 2.9% at $81.61, afterRead More →
Meta is the new name for Facebook Inc. The change, announced Thursday by Facebook FB, +3.48% founder and Chief Executive Mark Zuckerberg, relegates Facebook to one of the company’s three major platforms — which also includes Instagram and WhatsApp — rather than the overarching brand amid whistleblower revelations andRead More →
© Reuters. FILE PHOTO: The logo of LG Chem is seen at its office building in Seoul, South Korea, October 16, 2020. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korea’s LG Chem Ltd and LG Electronics Inc said on Tuesday their latest quarterly results accounted for costs of about 1.1Read More →
With supply chain channels snarled by the effects of the COVID-19 pandemic, major retailers like Target Corp. and Home Depot Inc. are taking matters into their own hands, chartering ships to deliver goods in time for the important holiday season. Retailers large and small, consumer packaged goods companies andRead More →
© Reuters. FILE PHOTO: Alex Beard, head of oil at trading firm Glencore, looks on during an interview in Tlalnepantla, state of Mexico, Mexico, August 17, 2017. REUTERS/Ginnette Riquelme/File Photo By Dmitry Zhdannikov LONDON (Reuters) – Alex Beard is losing his thirst for oil. Once one of the world’sRead More →
If you were thinking of starting a business with money from your individual retirement account, you might want to put that idea on hold for a moment. Ditto if you were thinking of using tax-deferred retirement accounts to invest in a startup run by a friend or a memberRead More →
Evergrande, a Chinese property giant nursing more than $300 billion in debt, remains on the brink of default — sending global equities tumbling Monday as investors, who had previously ignored the situation, sat up and took notice. Fears of a bursting property bubble have long been a concern forRead More →
Your Tom Cruise fix is going to have to wait a bit longer. Paramount Pictures on Wednesday moved back the release dates for Cruise’s next two films yet again, due to concerns that COVID-19 will continue to hurt the movie-theater business. “Top Gun: Maverick,” which was expected to premiereRead More →
Requiring that schoolchildren get vaccinated for COVID-19 “is a good idea,” Dr. Anthony Fauci said Sunday. While acknowledging that a vaccine mandate for kids would likely be controversial, President Joe Biden’s top pandemic adviser told CNN’s “State of the Union” that the benefits would far outweigh the risks. “IRead More →
Shoppers moved online in droves during the pandemic — and online prices moved upwards. “The COVID-19 pandemic reversed a predictable pattern in e-commerce, where consumers were generally able to purchase goods cheaper online. This reversal was the result of surging demand, supply chain constraints, and growth in categories that hadRead More →
© Reuters. FILE PHOTO: A Peloton exercise bike is seen after the ringing of the opening bell for the company’s IPO at the Nasdaq Market site in New York City, September 26, 2019. REUTERS/Shannon Stapleton/File Photo (Corrects typo in paragraph 10) By Joyce Philippe (Reuters) -Peloton Interactive Inc investorsRead More →
© Reuters. FILE PHOTO: A map of China is seen through a magnifying glass on a computer screen showing binary digits in Singapore in this January 2, 2014 photo illustration. Picture taken January 2, 2014. REUTERS/Edgar Su/File Photo By Josh Horwitz SHANGHAI (Reuters) -China moved on Tuesday to tightenRead More →
© Reuters. SpaceX founder and chief engineer Elon Musk attends a post-launch news conference to discuss the SpaceX Crew Dragon astronaut capsule in-flight abort test at the Kennedy Space Center in Cape Canaveral, Florida, U.S. January 19, 2020. REUTERS/Steve Nesius (Reuters) – SpaceX founder Elon Musk said on SaturdayRead More →
© Reuters. FILE PHOTO: A Southwest Airlines Boeing 737-800 plane is seen at Los Angeles International Airport (LAX) in the Greater Los Angeles Area, California, U.S., April 10, 2017. REUTERS/Lucy Nicholson (Reuters) – Southwest Airlines (NYSE:) Co became the first big U.S. carrier to warn of a hit fromRead More →
A new form of digital layaway has taken Europe by storm and gained some acceptance in the US, and the growing handful of opponents in space want to encourage more online purchases that Americans pay for over time. ‘Buy now, pay later’ options – referred to in the paymentsRead More →
