Google Layoffs Only The Latest In Tech Sector Bloodbath
Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares rallied 4.9% on Friday after the Google parent company became the latest tech giant to announce layoffs.
Why The Fed May Continue Raising Interest Rates Until Companies Stop ‘Hoarding’ Workers
On Thursday, U.S. weekly jobless claims dropped to just 190,000, and that could be bad news for investors hoping for a Fed pivot by the end of the year.
Fed Beige Book Warns Of ‘Little Growth In The Month Ahead,’ Sends Markets Lower
U.S. economic growth and business activity remains soft heading into 2023, according to the latest Federal Reserve Beige Book report on Wednesday.
The Infamous Robert Froelich Dot-Com Bubble Interview Came On This Day In Market History
Benzinga takes a look back at a notable market-related moment that occurred on this date.
Nasdaq Seeks 8-Day Win Streak As JPMorgan Warns Investors: Don’t Be Fooled By Rally
The Invesco QQQ Trust (NASDAQ: QQQ) traded higher by 0.6% on Wednesday morning as the Nasdaq looks to extend its winning streak to eight consecutive days.
S&P 500 Makes Weekly Gains As Inflation Cools: What’s Next For The Market?
The S&P 500 is making a strong start to 2023 as yet another key indicator suggests inflation is trending steadily lower.
Coinbase Downgraded Due To Murky Crypto Market: ‘Run-Rate Warrants Caution For 2023’
Coinbase Global Inc (NASDAQ: COIN) shares traded lower by 3.7% on Wednesday after one Wall Street analyst threw in the towel on the beaten-down stock.
Important CPI Inflation Reading Coming On Thursday: What Investors Should Expect
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.6% on Wednesday ahead of a critical consumer price index (CPI) inflation reading on Thursday morning.
If You Invested $1,000 In Inovio Stock At Its COVID-19 Pandemic Low, Here’s How Much You’d Have Now
Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two and a half years.
But there was no question some big-name stocks performed better than others since the pandemic bottom.
Macy’s Analyst Remains Bearish Following Disappointing Q4 Preannouncement: ‘Longer Term Structural Challenges’
Macy's Inc (NYSE: M) shares traded lower by 7.5% on Monday morning after the company preannounced disappointing holiday quarter sales numbers over the weekend. Unfortunately, one analyst said Monday that the difficult environment for Macy's is unlikely to improve in the first half of 2023.