David Trainer, the CEO of the investment research firm New Constructs, believes there are now roughly 300 publicly-traded zombie companies.
Leaving these accounts open could tarnish your golden years.
The bear market in software stocks has already lasted far longer than the typical decline, according to MoffettNathanson,
Dish claimed Disney wanted nearly $1 billion more to extend a contract that has now expired.
Inflation, interest rates, and recession – these are the bogeymen of investing, and they’ve been watching over our shoulders for the past several months. We all know the story by now, the rate of inflation is running at generational highs, the Federal Reserve is hiking rates in an attempt to push back against high prices, and that’s likely to tip the economy into recession. At a time like this, investors are showing a growing interest in finding strong defensive portfolio moves. It’s a mindset t
Sheryl Sandberg recently stepped down as Meta COO, but the company will continue to pay for her personal security through June 2023.
Shares of Annaly Capital Management (NYSE: NLY) were among the losers this week as rising mortgage rates threatened to squeeze the mortgage REIT, and one analyst expressed caution on the stock. The company also executed a reverse stock split at the beginning of the week. Since the rate hike, which came with hawkish commentary from Fed Chair Jerome Powell, investors seem to believe the risk of a recession has grown, as well as the likelihood of a sustained high-interest-rate environment.
MarketWatch Picks has highlighted these products and services because we think readers will find them useful; the MarketWatch News staff is not involved in creating this content. Since the start of the year, mortgage rates have been trending upwards — and according to many experts, this trend will likely continue through October. Echoing that sentiment, Kate Wood, home expert at NerdWallet, says interest rates for 30-year fixed-rate loans appear to be staying over 6% and products like the 15-year fixed and the 5-year ARMs are averaging over 5%.
It didn't see a market for single-player games anymore, according to 9to5 Google.
Semiconductor stocks have tumbled in recent months amid flagging demand, with the S&P Semiconductors Select Industry Index dropping 36% year to date. Bank of America analysts recently discussed their favorite choices in the sector.
Welcome back to Week in Review, the newsletter where we quickly sum up some of the most read TechCrunch stories from the past seven days. Elon's texts: As part of the ongoing Musk vs. Twitter trial, a big ol' trove of Twitter-related texts between Elon and various key figures/executives/celebrities has been made public. Interpol issues a red notice for Terra's founder: "Interpol has issued a red notice for Do Kwon," write Manish and Kate, "requesting law enforcement agencies worldwide to search for and arrest the Terraform Labs founder whose blockchain startup collapsed earlier this year."
While it's true that rivals like Geforce Now and Xbox Cloud Gaming presented entrenched competition, and that Google knows next to nothing about gaming, the main trouble — as with most of its products these days — is that no one trusted them to keep it alive longer than a year or two. It really is that simple: No one trusts Google. It has exhibited such poor understanding of what people want, need, and will pay for that at this point, people are wary of investing in even its more popular products.
States are stepping in with financial aid as White House remains silent on new round of federal funding.
The Dow is at bear market lows. Tesla showed off a limited Optimus robot at AI Day. China EV makers reported sales with Tesla on tap.
It's a tough S&P 500 stock market to make money on. But some investors are still finding a way to do it.
(Bloomberg) -- Mohamed El-Erian has a cautionary word for anyone anticipating an end to interest-rate increases from the Federal Reserve and other central banks.Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandMarjorie Taylor Greene’s Husband Files for Divorce After 27 YearsTop Apple Executive Is Leaving After Making Crude Remarks in TikTok VideoMeta to Cut Headcount for First Time, Slash Budgets Across TeamsWalmart, CVS Face Suits Blaming Common Painkiller f
Stock market investors loathe rising interest rates, but they have upsides — bonds are generating returns again and financial instruments like fixed annuities, with their returns tied to bonds, are up massively. How much? Lifetime fixed-income annuity payouts are up 29% to 30% from a year ago, depending on your gender. Meanwhile, the Dow Jones Industrial Average is down nearly...
Google will formally reveal the smartwatch and the Pixel 7 lineup on October 6th.
Billionaire investor Stanley Druckenmiller sees a “hard landing” by the end of 2023 as the Federal Reserve’s aggressive monetary tightening will tip the U.S. economy into recession.
The bears are running rampant on Wall Street. Of the 43 analysts surveyed by Refinitiv that cover Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), 38 of them rate the tech stock as a buy or strong buy. It's not surprising, therefore, that Wall Street's consensus 12-month price target reflects a 47% upside potential.