Bed Bath & Beyond's (NASDAQ: BBBY) stock price plunged 24% on June 29 after the retailer posted a dismal first-quarter earnings report. Its revenue plunged 25% year over year to $1.46 billion, which missed analysts' expectations by $50 million, as its comparable-store sales t
Snap’s stock (NYSE: SNAP) has lost approximately 71% YTD as compared to the 20% drop in the S&P500 index over the same period. While the record-high inflation numbers, interest rate hikes, and geopolitical tensions over the recent months impacted the stock market negati
Concerns about a possible U.S. recession are prompting some fund managers to rotate back into the big tech and growth winners of the last decade in the hope that they can better weather an economic storm.
(RTTNews) - The U.S. Consumer Product Safety Commission announced two recalls that involved certain children's nightgowns and pajamas citing violation of federal flammability standards and burn risk. The products, manufactured in China, were sold exclusively at Amazon.com.
Thus far, 2022 has been a tough one for investors. Both the S&P 500 and the Nasdaq Composite have fallen into bear market territory, giving this year the dubious distinction of having the market's worst first half in more than half a century.
The U.S. Federal Communications Commission on Thursday authorized Elon Musk's SpaceX to use its Starlink satellite internet network with moving vehicles, green-lighting the company's plan to expand broadband offerings to commercial airlines, shipping vessels and trucks.
The NASDAQ 100 After Hours Indicator is down -8.1 to 11,495.62. The total After hours volume is currently 96,787,908 shares traded.The following are the most active stocks for the after hours session: Micron Technology, Inc. (MU) is -1.51 at $53.77, with 4,341,269 shares traded.
U.S. stocks slipped on Thursday, setting the Dow up for its worst first six months since 1962, on concerns that a dogged pursuit by central banks to tame inflation would hamper global economic growth.
Lam Research Corporation LRCX seems to be progressing well on its environmental sustainability path, which is evident from its recent accomplishments.The company, which is committed to reaching its goal of carbon net-zero emissions by 2050 and operating business on 100% r
What happened
Shares of Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), and Nvidia (NASDAQ: NVDA) were all falling this morning after the Commerce Department reported its latest inflation figures, which showed inflation remains persistently high.
U.S. stocks tumbled on Thursday, setting the S&P 500 for its worst first six months since 1970, on concerns that central banks determined to tame inflation will hamper global economic growth.
Barring a miracle today, which looks unlikely given that futures are indicating an opening lower than yesterday’s close, it looks as if the end of June is going to mark the end of the worst first half a year for stocks since 1970.
It's tough to even think about it while the market is in a freefall. But this is the time to be buying, provided you're actually buying stocks for the long haul and not just looking to score a quick gain. Five years from now, it won't matter much if you didn't step in at the exac
The Nasdaq Composite Index is down 26% year to date as of this writing. Top stocks like Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) have corrected 30% and 20%, respectively, so far in this year. Obviously, investors are concerned about their investments.
U.S. stocks ended mixed on Wednesday, with the S&P 500 and Nasdaq ending slightly lower, as major indexes made a failed attempt to bounce back. Investors once again worried about the slowing economy and Fed’s aggressive rate-hike stance, which have consumed most of th
Upstart Holdings (NASDAQ: UPST) is a lending platform, powered by artificial intelligence. Its shares are down more than 70% year to date. It's down, but not out.
U.S. stock index futures slid on Thursday on the last day of a dismal first-half of the year on worries that central banks determined to tame inflation will hamper global economic growth.
In 1999, Barron's published an article titled "Amazon.bomb," which predicted the e-commerce company's impending demise. The author of the piece repeatedly cited Amazon's lack of profitability as an indication that the business was poorly run and highly overvalued.Hindsight being
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