A gauge of global stocks rallied and the U.S. dollar slumped on Wednesday after the Federal Reserve raised its target interest rate by the expected 25 basis points but comments from Chair Jerome Powell were interpreted as dovish by the market.
The NASDAQ 100 After Hours Indicator is up 108.66 to 12,471.76. The total After hours volume is currently 102,668,208 shares traded.The following are the most active stocks for the after hours session: Meta Platforms, Inc. (META) is +27.19 at $180.31, with 10,719,344 shares trad
A gauge of global stocks rose and the U.S. dollar and Treasury yields were lower on Wednesday after the Federal Reserve raised its target interest rate by the expected 25 basis points but communicated more increases were on the horizon.
Stock splits have been a regular occurrence in the market over the last several years, with many companies aiming to boost liquidity within shares and knock down barriers for potential investors.
Rivian Automotive is laying off 6% of its workforce in an effort to cut costs as the EV maker, already grappling with falling cash reserves and a weak economy, braces for an industry-wide price war.
Match Group Inc on Wednesday joined a growing list of U.S. companies that are cutting jobs to rein in costs after it announced plans to lay off about 8% of its workforce, or about 200 employees, as spending on its dating apps slows.
FedEx Corp on Wednesday said it would cut its officer and director team by 10% as part of a broad cost-reduction effort that has reduced staffing at the delivery giant by 12,000 workers since June.
Rivian Automotive is laying off 6% of its workforce in an effort to cut costs as the EV maker, already grappling with falling cash reserves and a weak economy, braces for an industry-wide price war.
The 2022 bear market can be summarized in three words: plummeting technology stocks. Of course, there were many variables that caused stocks to fall 20% or more last year, but none was more important than the popping of the tech stock bubble. Share prices of so many leading compa
Walmart (NYSE: WMT) still has its eyes locked on beating Amazon (NASDAQ: AMZN) in e-commerce by launching a new initiative targeting small- and medium-sized businesses (SMBs).
Amazon’s AMZN fourth-quarter 2022 results, which are scheduled to be released on Feb 2, are likely to reflect gains from its strengthening cloud service offerings.The cloud computing division, Amazon Web Services (“AWS”), dominates the cloud market on the back of its grow
Amazon (NASDAQ: AMZN) grew its renewable energy portfolio by 8.3 gigawatts (GW) in 2022. That set the record for the most renewable energy purchased by a company. It brought the company's total portfolio to more than 20 GW, which is enough to power 5.3 million homes.
As the Nasdaq Composite Index, which plunged 33% in 2022, tries to claw back its losses, there are some potentially lucrative opportunities to take advantage of right now. While waiting on the sidelines until the market starts to rebound and the economic picture is more certain m
One way for companies to bring more traffic to their stores is to provide services that customers can't get from an online retailer like Amazon (NASDAQ: AMZN), which could otherwise easily steal sales away from brick-and-mortar shops. Healthcare could provide such an opportunity,
Once the go-to spot for sports fans, ESPN may now be losing its lead. Big tech companies are minting big deals to scoop up sports rights and the fans that come along with them.
Four of the biggest purchasers of servers in North America are Meta Platforms (NASDAQ: META), Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), and Amazon (NASDAQ: AMZN). These cloud giants and their rapid growth have been a major source of demand for companies th
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