Asian shares started steady on Monday ahead of a week packed with major quarterly earnings announcements, while the dollar hovered near October lows after three weeks of risk-friendly sentiment hurt safe-haven currencies.
Friday's news about Snap's revenue miss and its weaker-than-expected fourth-quarter guidance was a reminder of how earnings season can bring some major surprises from time to time. In Snap's case, the surprise was to the downside. But that's not always the case.
Investors are homing in on a flood of earnings reports from Wall Street’s tech and Internet giants, as the high-growth stocks that have led markets higher for years face pressures from regulation, supply-chain snags and rising Treasury yields.
Not all business models are created equal, and Unity Software (NYSE: U) has a pretty interesting one. Put simply, the company empowers creators to start their journeys and then profits only as these creators succeed. It costs Unity little to do this but allows it to capture the u
Want to multiply your money over the long term? Look no further than growth stocks. These cutting-edge businesses increase revenue and earnings faster than average, making them an ideal means of earning supersize returns. One recent example: Pinterest (NYSE: PINS), which has alre
For the past 19 months, Wall Street and investors have sat back and enjoyed the strongest bounce from a bear-market bottom in history. Since the broad-based S&P 500 (SNPINDEX: ^GSPC) bottomed on March 23, 2020, the index has more than doubled in value. For context, the S&
Investors are homing in on a flood of earnings reports from Wall Street’s tech and Internet giants, as the high-growth stocks that have led markets higher for years face pressures from regulation, supply-chain snags and rising Treasury yields.
The S&P 500 and Nasdaq closed lower on Friday as disappointing quarterly reports from Snap Inc and Intel Corp put pressure on the communications and technology sectors and investors turned skittish as Federal Reserve Chair Jerome Powell discussed stimulus tapering.
The earnings calendar giveth, and it also taketh away – which explained the divergent paths of the Dow Jones Industrial Average and Nasdaq Composite as the week came to a close.
The S&P 500 and Nasdaq closed lower on Friday as disappointing quarterly reports from Snap Inc and Intel Corp dragged down the communications and technology sectors and investors turned skittish as Federal Reserve Chair Jerome Powell discussed stimulus tapering.
The worst performing sector as of midday Friday is the Services sector, showing a 0.4% loss. Within that group, Facebook Inc (Symbol: FB) and Match Group Inc (Symbol: MTCH) are two of the day's laggards, showing a loss of 5.9% and 3.4%, respectively. Among the largest ETFs, o
The S&P 500 and Nasdaq were in the red on Friday after Federal Reserve Chair Jerome Powell discussed stimulus tapering while disappointing quarterly reports from Snap Inc and Intel Corp pushed the communications and technology sectors lower.
NEW YORK (Reuters Breakingviews) - Snap may have scared some sense into its investors. The disappearing-message app, represented by a cartoon ghost, lost $25 billion of market value on Friday morning, the day after it said changes to Apple&rsquo
The Dow and S&P 500 reversed course to trade lower on Friday, while the Nasdaq fell more than 1% after comments on stimulus tapering from Federal Reserve Chair Jerome Powell spooked markets trading at record levels.
Do You Have These Social Media Stocks On Your Watchlist Right Now?Social media stocks are among the most relatable stocks to invest in the stock market today. Most of these companies provide services that people use on a daily basis. Because of this, the social media stock trade
What happened
Chaos struck the social-media sector Friday morning, with shares of Pinterest (NYSE: PINS) stock sliding 3.4%, Facebook (NASDAQ: FB) falling 5.5%, and Snap (NYSE: SNAP) collapsing 23% through 10:15 a.m. EDT. You won't be surprised to learn that it's the hardest hit
4 Trending Communication Stocks To Consider Buying [Or Selling] In the Stock Market TodayCommunication stocks are among the most discussed names in the stock market now. They range from companies that sell internet services to social media and news outlets. In fact, most of the t
The Dow and the S&P 500 hit record highs on Friday following positive earnings from American Express, while the Nasdaq was pressured after social media giants including Facebook tumbled on Apple privacy tweak worries.