The S&P 500 and the Nasdaq opened lower on Tuesday as mixed earnings and fresh declines in shares of Meta Platforms added to jitters ahead of inflation data this week that could offer clues on the U.S. Federal Reserve's path of interest rates.
U.S. stock futures pointed to a subdued open on Wall Street on Tuesday as mixed earnings and fresh declines in Meta Platforms added to jitters ahead of inflation data this week that could offer clues on the path of interest rates.
The NASDAQ 100 Pre-Market Indicator is down -31.03 to 14,540.22. The total Pre-Market volume is currently 30,069,184 shares traded.The following are the most active stocks for the pre-market session: Velodyne Lidar, Inc. (VLDR) is +1.48 at $5.25, with 8,212,631 shares traded. As
Over the past three months, high inflation and the threat of higher interest rates sparked a grueling rotation away from riskier assets and toward more conservative investments. That sell-off crushed most cryptocurrencies and undermined the much-touted idea that such tokens could
Shares of Pinterest (NYSE: PINS) have been hammered, with them hitting their all-time high almost a year ago. Shares are currently almost 70% off these highs, even though the company is making impressive strides in further monetizing its large user base.
Pinterest's (NYSE: PINS) stock price jumped 11% on Feb. 4 after the social media company posted its fourth-quarter earnings report.Its revenue rose 20% year over year to $847 million, which topped estimates by $19 million. Its adjusted net income increased 15% to $339 million, or
U.S. stock index futures slipped on Tuesday following disappointing quarterly updates from companies including Pfizer and Coty, while investors looked ahead to inflation data later this week for clues on the path of interest rates.
The great thing about the market's recent decline is that it has created opportunities for investors. Indeed, there are now plenty of stocks that look a lot cheaper than they did just six months or one year ago. Those looking for bargains in the market shouldn't have too much tro
Stock Market Futures Slip Following Choppy Trading SessionU.S. stock futures are edging lower in the early morning Tuesday. The current movement in stocks could be due to investors taking a cautious approach to this trading week. Accordingly, this would be in line with the key in
Pinterest (NYSE: PINS) has been a poster child for the tech collapse in recent months. Shares of the image-based discovery engine have fallen by as much as 73% from their peak last February as its user base declined as the economy reopened and people spent more time out of the ho
Blockchain technology and the cryptocurrencies built on it have been a hot investment theme the past few years. However, outside of a handful of fintech companies that enable trading of cryptos or that buy and hold crypto, mega-tech business executives have had little to say abou
Pinterest (NYSE: PINS) stock surged after the company released its fourth-quarter and 2021 earnings. The San Francisco-based company managed to grow revenue and earnings amid challenging conditions.
With Snap (NYSE: SNAP) stock soaring last week in the wake of its blowout third-quarter earnings release, the tech stock may have caught the attention of many investors. Could the social media company's strong fundamentals be a buy signal? Or has the stock's big post-earnings mov
In 2015, Google announced it would rebrand as Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), signaling the company's intentions to be more than just a suite of ad-driven products. Investors cheered the move, sending the stock up 4%, and Google management said the decision was modeled a
Bumper profits from oil giant BP helped lift European stocks on Tuesday, while the euro was pegged back as the head of the European Central Bank, Christine Lagarde, tried to rein in interest rate hike expectations.
Asian equities consolidated recent gains as investors' sentiment improved amid strong results by U.S. companies, helping stocks recover from the worst start to the year since 2016, while a resurgent euro paused ahead of U.S inflation data.
While Meta Platforms (NASDAQ: FB) is one of the first companies that comes to mind when discussing the metaverse, it's far from the only key player in this space. In this segment of Backstage Pass, recorded on Jan. 11, Fool contributor Rachel Warren and Fool analyst Asit Sharma d
Facebook-parent Meta Platforms Inc said on Monday that billionaire investor Peter Thiel, an early investor who has been on the company's board since 2005, has decided to retire.
Facebook-parent Meta Platforms Inc said on Monday that billionaire investor Peter Thiel, who has been on the company's board since 2005, has decided to retire.
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