U.S. stock index futures slid on Monday as rising U.S. Treasury yields weighed on growth stocks amid prospects of aggressive policy tightening by the Federal Reserve, with fears of a sharp economic slowdown in China also dampening the sentiment.
Uber Technologies Inc will scale back hiring and reduce expenditure on its marketing and incentive activities, CNBC reported on Monday, citing a letter from Chief Executive Officer Dara Khosrowshahi.
Japan's SoftBank Group Corp is set to report a bruising loss at its Vision Fund investment unit on Thursday, analysts said, after investors sold off the high-growth stocks favoured by the fund with questions about their earnings potential.
It's been a difficult past 12 months for tech growth stocks. While many of benefited over the two years from pandemic-related dynamics, that tailwind has drastically slowed down, causing investors to reassess their positions in such companies. The results of that reassessment hav
Companies don't earn profits just by magic. First, they have to invest in products, services, and infrastructure to provide useful goods and/or services for customers. The more useful the product or service, and the more difficult that product or service is to replicate, the more
A few weeks ago, rumors were floated that the online dating conglomerate Match Group (NASDAQ: MTCH) could be a potential acquisition candidate, with speculation pointing to the social media giant Meta Platforms (NASDAQ: FB) as a possible buyer. While there hasn't yet been any pro
U.S. stock indexes extended losses for a second day on Friday as elevated U.S. Treasury yields dragged growth shares after stronger-than-expected jobs data amplified investor fears of bigger interest rate hikes to tame surging prices.
Wall Street routed on Thursday, erasing all gains of the previous day. Market participants remained highly concerned regarding a series of aggressive rate hike as signaled by the Fed. A large section of investors remained skeptical about the U.S. economic growth in 2022.
There are over 29,000 individual stocks listed in the YCharts stock universe. But what if we told you that a typical investor portfolio has as much as one-eighth of its entire value riding on just eight companies?
Investors in Meta Platforms (NASDAQ: FB), formerly Facebook, are having a tough time lately. After reaching its all-time high just a few months ago, Meta's share price fell more than 45% to $208 (as of this writing). Slower revenue growth in the fourth quarter of 2021 and weak gu
Neal Stephenson coined the term "metaverse" in his novel Snow Crash three decades ago, but it reemerged as a hot buzzword over the past year as virtual reality, augmented reality, and digital asset platforms blended together and blurred the barriers between the physical and digit
Technology-wise, TikTok, and Snapchat (NYSE: SNAP) continue to create intriguing products and tools to grow their users. In this video clip from "The Virtual Opportunities Show" on Motley Fool Live, recorded on April 12, Fool.com contributors Travis Hoium, Demitri Kalogeropoulos,
For Immediate ReleaseChicago, IL – May 6, 2022 – Today, Zacks Investment Ideas feature highlights Amazon AMZN, Microsoft MSFT, Alphabet GOOGL, Nvidia NVDA and Meta Platforms FB.
Martin Sorrell said his S4 Capital would strengthen its financial controls as he published delayed full-year results that showed 2021 gross profit growth up 44% for the digital advertising group.
Technology stocks have suffered throughout 2022. At times, they felt unstoppable over the last few years, rolling over any doubters and paving the way for investors to reap a multitude of gains. Now that the music has seemingly been shut off, investors have been left wond
Britain will give statutory powers to a new technology regulator so it can enforce pro-competition rules and prevent tech giants including Google and Facebook from using their dominance to push out smaller firms and disadvantage consumers.
U.S. stocks ended Thursday sharply lower amid a broad sell-off, as investor sentiment cratered in the face of concerns that the Federal Reserve's interest rate hike the previous day would not be enough to tame surging inflation.
U.S. stocks closed Thursday sharply lower as investor sentiment cratered in the face of concerns that the Federal Reserve's interest rate hike would not be enough to tame surging inflation.