The stock market has been on pins and needles throughout 2022, as the macroeconomic and geopolitical situation has steadily worsened. Friday morning's report on consumer prices only added fuel to the fire, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) took the brunt of the result
In trading on Friday, shares of Alliant Energy Corp (Symbol: LNT) crossed below their 200 day moving average of $59.20, changing hands as low as $58.40 per share. Alliant Energy Corp shares are currently trading off about 1% on the day. The chart below shows the one year perf
What happened
Shares of electric car company Tesla (NASDAQ: TSLA) drove into a ditch on Friday, down 3.5% as of 11:20 a.m. ET. And yes, the whole stock market is in a funk today -- frightened by a government report that inflation just hit a 41-year high, the Nasdaq on which Tesla
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which m
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which m
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which m
In trading on Friday, biotechnology shares were relative laggards, down on the day by about 5.3%. Helping drag down the group were shares of Caribou Biosciences, down about 31% and shares of Axcella Health off about 20.6% on the day.
In trading on Friday, precious metals shares were relative leaders, up on the day by about 1.2%. Leading the group were shares of Hycroft Mining Holding, up about 7.9% and shares of Gold Fields up about 6.4% on the day.
A successful company eventually reaches the point where its best growth days fall behind it, and investors must grapple with what the stock will be moving forward. Enterprise software company Salesforce.com (NYSE: CRM) could be in the beginning stages of this soul-searching proce
For our Nasdaq Pride series, we are highlighting global members from the OPEN (Out Proud Employees of Nasdaq) and learning about how they are supporting inclusion and belonging for LGBTQ+ people in the workplace year-round.
Walgreens Boots Alliance (NASDAQ: WBA) has undergone a lot of changes over the years. But not all of them have paid off. Today, the company's strategy involves investing billions into primary care, as it plans to open hundreds of clinics across the country through a partnership w
LUNA, TerraUSD (UST) and other tokens in the Terra ecosystem had a total market cap of more than $60 billion, close to Enron’s market cap before it filed for bankruptcy.
(RTTNews) - Consumer prices in the U.S. shot up by more than expected in the month of May, according to a highly anticipated report released by the Labor Department on Friday.
U.S. consumer prices accelerated in May as gasoline prices hit a record high and the cost of services rose further, suggesting that the Federal Reserve could continue with its 50 basis points interest rate hikes through September to combat inflation.
Futures tracking the S&P 500 index tumbled on Friday after data showed consumer prices rose more-than-expected in May, quashing hopes of a peak in inflation and fanning worries over the Federal Reserve's aggressive efforts to tame it.
The 200,000 subscribers Netflix (NASDAQ: NFLX) lost in Q1 2022 led many investors to question the fate of the streaming giant. The streaming market has undergone a vast transformation in the last couple of years, with expanded choices pushing many consumers toward the best entert