DAVOS (Reuters Breakingviews) - When the chairmen of some of the world’s largest companies got together behind closed doors at the World Economic Forum this week, they had plenty of reasons to feel sombre. Higher interest rates are putting
For Immediate ReleaseChicago, IL – January 20, 2023 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts you
On Sunday, a select few of us in the ETF industry will be toasting the 30th anniversary of the SPDR S&P 500 ETF (SPY), the first U.S.-listed and still-largest ETF. However, millions of Americans will unknowingly be among the beneficiaries of the major milestone. The first ETF began trading in Canada in 1990, but [...]
Read more at ETFtrends.com.
Online furniture retailer Wayfair Inc said on Friday it will cut 1,750 jobs, or 10% of its workforce, as part of its cost savings plan at a time when consumers are selective with their discretionary purchases.
Nasdaq futures rose on Friday, after Netflix kicked off the earnings season for the growth sector on a positive note, but worries about a U.S. recession kept a lid on sentiment.
It's no secret that the market has been struggling over the past year, but it's not all bad news. While nobody knows how long this downturn will last, it's certain that a bull market is on the way. And the best way to take full advantage of the inevitable upswing is to invest rig
Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Vanguard Growth ETF (VUG) is a passively managed exchange traded fund launched on 01/26/2004.
If you're interested in broad exposure to the Technology - Broad segment of the equity market, look no further than the Fidelity MSCI Information Technology Index ETF (FTEC), a passively managed exchange traded fund launched on 10/21/2013.
Many growth stocks have fallen sharply amid the Nasdaq Composite bear market, but some have been hit harder than others. Notably, Microsoft (NASDAQ: MSFT) and MercadoLibre (NASDAQ: MELI) have seen their share prices plummet 30% and 48%, respectively, marking the sharpest decline
When C3.ai (NYSE: AI) went public on Dec. 9, 2020, it generated a lot of buzz for three reasons: It was growing rapidly, it was founded and led by tech veteran Tom Siebel (who sold his previous company, Siebel Systems, to Oracle), and it had a catchy ticker symbol. Those factors,
Food delivery platform Swiggy is planning to lay off 380 jobs, citing challenging macroeconomic conditions, according to an internal mail seen by Reuters on Friday, and joined a list of Indian startups that are shedding their workforce.
Microsoft MSFT reports its Q2 FY23 earnings Tuesday January 24 after the market closes. With a Zacks Rank #4 (Sell), we can see analysts have been revising earnings estimates lower. Following these downward revisions will Microsoft be able to meet these now lowered expect
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Goldman Sachs Group Inc (Symbol: GS), where a total of 40,944 contracts have traded so far, representing approximately 4.1 million underlying shares. That amounts to abo
U.S. stock indexes fell on Thursday after data pointing to a tight labor market sparked worries that the Federal Reserve will continue with its aggressive rate-hiking cycle that could potentially tip the economy into a recession.
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to another month of solid job growth and continued labor market tightness despite efforts by the Federal Reserve to cool demand for workers.
U.S. stock indexes fell on Thursday as worries about a looming recession crept into the foreground of the earnings season, while shares of Procter & Gamble fell after the company warned of cost pressures.