November 3, 2023
“…Shares of the company were down 2% in morning trading. Here’s what Restaurant Brands reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv: Restaurant Brands reported third-quarter net income… Continue Reading…
July 21, 2023
“Netflix stock sank more than 8% Thursday after a quarterly earnings report that was largely positive but left Wall Street underwhelmed and uncertain about key revenue drivers. The sell-off in Netflix shares follows a 60% year-to-date rally, spurred by the rollout its cheaper,… Continue Reading…
May 30, 2023
“Financial markets have been raising red flags recently about China’s economy, but an analyst said Wall Street is missing the big picture. Growth in the world’s second largest economy accelerated to 4.5% in the first quarter from 2.9% in the… Continue Reading…
March 30, 2023
“Wall Street bonuses fell 26% to an average $176,700 in 2022 from a record in 2021, according to a report from New York State Comptroller Thomas DiNapoli published on Thursday. A worsening economic environment and stalled deal markets weighed on… Continue Reading…
February 27, 2023
“Billionaire investor Warren Buffett sent out a clear warning to his shareholders as the Fed‘s inflation measure jumped to 5.4 percent over the last month. In his much acclaimed annual letter to Berkshire Hathaway shareholders, Buffett, 92, warned that ‘huge and entrenched… Continue Reading…
July 15, 2022
“…The Dow Jones Industrial Average popped 532 points, or 1.74%. The S&P 500 jumped 1.35% and Nasdaq Composite added 1.06%, but stocks remained on track for weekly losses. A new round of bank results from Wells Fargo and Citigroup offered further insight into the state… Continue Reading…
July 5, 2022
“The Dow Jones Industrial Average fell 420 points, or about 1.4%. The S&P 500 dipped 1.5%, and the tech-heavy Nasdaq Composite shed about 1.6%. Concerns about economic growth are hanging over investors as the U.S. market looks to recover after… Continue Reading…
June 27, 2022
“…IPO volumes have dropped a staggering 91% in the U.S. from a year earlier, according to Dealogic data. Companies are unwilling or unable to issue stock or bonds, leading to steep declines in equity and debt capital markets revenues, especially in… Continue Reading…
April 29, 2022
“…The tech stocks in the S&P 500 are down 19.8% for the year through Tuesday, while communications services stocks in the index tumbled even more, 24.1%. The rest of the S&P 500 fell only 6.9%. Tech-oriented stocks have struggled in… Continue Reading…
December 8, 2021
“Stitch Fix shares plummeted more than 27% Wednesday to a fresh 52-week low as one analyst said the company has run smack into a “growth wall.” The online shopping and styling service was able to top fiscal first-quarter expectations after the bell on… Continue Reading…
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