Investors may be reacting to positive short-term news, but a longer-term development also provided them with a boost of confidence.
Shares of CrowdStrike plummeted after the company's third-quarter earnings results showed its Q4 revenue guidance missed expectations.
Standing here at the tail end of 2022, we can see the next year through the mist of uncertainty – and for now, that view is dominated by high inflation, rising interest rates and potential recession. Looking at the market situation, Goldman Sachs strategist Christian Mueller-Glissmann writes: "We remain defensive for the 3-month horizon with further headwinds from rising real yields and lingering growth uncertainty... The growth/inflation mix remains unfavorable – inflation is likely to normaliz
The stock market rally awaits Fed chief Jerome Powell and key economic data. Three Dow stocks are near buy points.
It should be obvious that billionaires don’t accumulate wealth by accident. Their success is predicated on observation and savvy investment, and a privileged background helps. Billionaires like Microsoft Corp. co-founder Bill Gates likely saw an opportunity for land investment to return tenfold, by way of food shortages, well ahead of time. So it should be no surprise that the real estate investing platform Arrived Homes, backed by Amazon.com Inc. founder Jeff Bezos is taking off. He had the for
Who wouldn't want to retire early? The question is, how much will it cost? Here's a quick and dirty way to get an answer.
Investors initially boosted the stock of fintech bank SoFi Technologies (NASDAQ: SOFI) after its third-quarter 2022 results surpassed revenue and earnings estimates and the company raised its full-year forecast.
Bank of America analysts said this week the S&P 500 could plunge as much as 24% next year as a result of the Federal Reserve's quantitative tightening.
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Credit Suisse stocks sunk to fresh record lows on Wednesday and the cost of insuring its debt soared to a new peak amid little sign that investors' concerns over the outlook for the Swiss lender were fading. Credit Suisse shares were down more than 1% in their ninth straight session in the red with the stock having lost 66% since the start of the year. Credit Suisse rights for its 2.24-billion-francs cash call were up 1% though that comes after suffering a 30% tumble on Tuesday.
The largest U.S.-based cryptocurrency exchange Coinbase Global Inc. announced that its wallet will no longer be supporting Ethereum Classic (ETC), Bitcoin Cash (BCH), XRP and Stellar (XLM).
EU inflation falls to 10% in November – its first fall in 17 months.
Shares of Nvidia (NASDAQ: NVDA) look set to end 2022 on a high -- the stock is up 20% in the past month, and the company's latest results seem to give Wall Street hope that its fortunes could turn around in 2023. The segment's revenue increased 31% year over year to $3.8 billion, accounting for 64% of the company's top line.
Royal Bank of Canada7 (TSX: RY) (NYSE: RY) today reported net income of $15.8 billion for the year ended October 31, 2022, down $243 million or 2% from the prior year. Diluted EPS8of $11.06 remained unchanged from the prior year. Our consolidated results include total PCL of $484 million compared to $(753) million last year, primarily reflecting lower releases of provisions on performing loans in Personal & Commercial Banking and Capital Markets due to unfavourable changes in our macroeconomic o
Cathie Wood makes big bets on potential huge winners. But Ark Invest's top 10 holdings, including Tesla and Roku, have tumbled in 2022.
China EV sales are seen rising in the final months of 2022. Covid lockdowns and supply issues have weighed on Nio and rivals.
Few professionals have felt the whiplash more than recruiters as big tech’s long-running hiring boom fades out.
The Federal Reserve chairman is scheduled to speak at the Brookings Institution on Wednesday at 1:30 p.m.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Marathon Oil...