The new week brought fresh declines on Wall Street, as stock investors once again struggled to deal with rising interest rates. The yield on the 10-year Treasury climbed above 1.8%, and while that's still extremely low by historical standards, the move was enough to send another
NEW YORK (Reuters Breakingviews) - Microsoft Chief Executive Satya Nadella’s deal to splash out $69 billion for Activision Blizzard makes a lot of sense, virtually. The software giant is paying a huge premium for its gaming rival, which sh
What happened
Shares of Meta Platforms (NASDAQ: FB), the parent company of Facebook, tumbled on Tuesday, declining as much as 4.1%. As of 11:30 a.m. ET, the stock was down 3.9%.
Wall Street's main indexes fell on Tuesday as Goldman Sachs led declines among banks after posting its quarterly profit below expectations, while big technology stocks were slammed by rising Treasury yields.
What happened
Despite sell-offs roiling the broader market, the stock of Digital World Acquisition (NASDAQ: DWAC) is rocketing higher today. The company's shares were up roughly 15.5% at 11:45 a.m. ET Tuesday.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P 500— ETF Trust (Symbol: SPY) where we have detected an approximate $2.1 billion dollar outflow -- that's a 0.5% decrease w
Are you looking for the next big growth stock? If so, then two names you'll want to keep a close eye on this year are Babylon Holdings (NYSE: BBLN) and Matterport (NASDAQ: MTTR). These stocks have been public for less than a year, but both could be intriguing investments to consi
Wall Street's main indexes fell on Tuesday as big technology stocks were slammed by rising Treasury yields, while Goldman Sachs led declines among banks after posting its quarterly profit below expectations.
Metaverse gaming company Animoca Brands raised nearly $360 million in a funding round led by Liberty City Ventures, the company said on Tuesday, valuing the firm at more than $5 billion.
Wall Street's main indexes were set to open lower on Tuesday as technology stocks were slammed by rising Treasury yields, while Goldman Sachs led declines among big banks after posting its quarterly profit below expectations.
Goldman Sachs estimates that the Fed could hike interest rates four times in 2022. This expectation has weighed on tech stocks in the new year -- higher interest rates will make bonds more attractive, while rising inflation may dent high-growth tech companies' prospects due to hi
Nasdaq traders were braced for a fresh pounding on Tuesday as a seven-year high for oil prices drove up global borrowing costs to pre-COVID levels, with even sub-zero German Bund yields at the brink of positive territory again.
Futures tracking the technology-heavy Nasdaq 100 index slumped almost 2% on Tuesday as traders returned from a long holiday weekend to position for a more hawkish Federal Reserve ahead of a policy meeting next week.
There's no shortage of hot trends that have the potential to deliver double-digit growth throughout the decade. Cybersecurity, cloud computing, cannabis, and telehealth, are just some examples of sustainably fast-growing trends.
Futures tracking the tech-heavy Nasdaq 100 index slumped almost 2% on Tuesday as traders returned from a long holiday weekend to position for a more hawkish Federal Reserve ahead of a policy meeting next week.
Meta Platforms (FB) closed at $331.90 in the latest trading session, marking a +1.66% move from the prior day. This move outpaced the S&P 500's daily gain of 0.08%. At the same time, the Dow lost 0.56%, and the tech-heavy Nasdaq lost 4.81%.
Cathie Wood's ARK Invest exchange-traded funds (ETFs) suffered a meltdown in 2021 as her tech-laden funds saw the market largely rotate away from the sector.
If you had invested in any one of the FAANG stocks 10 years ago, you'd be pleased. On average, FAANG stocks have returned an astounding 1782% over the last 10 years versus the market's 325%. Each has changed the world in a different way, and all are continuing to do it. These co
In a recent episode of "The Rank" on Fool Live, three of our top contributors discussed their highest-conviction stocks for 2022. In this clip, recorded on Jan. 10, Fool.com contributor Danny Vena explains why Nvidia (NASDAQ: NVDA) is one of his top stocks to buy in 2022, and why