Shares of CrowdStrike plummeted after the company's third-quarter earnings results showed its Q4 revenue guidance missed expectations.
Americans trying to save some cash for unforeseen expenses are up against a lot — months of red-hot inflation, wages that don’t keep up, the sheer difficulty of delayed gratification in a time when people spend billions of dollars online in one day. “It won’t happen, it has never happened and unless employers start to help employees do that, we’re heading, really, down hill very fast,” she said. The savings rate has not been helped by the end of pandemic-era government benefits.
Investors may be reacting to positive short-term news, but a longer-term development also provided them with a boost of confidence.
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
Sorrento Therapeutics Inc (NASDAQ: SRNE) released topline Phase 2 SAD/MAD study data of its oral main protease (Mpro) inhibitor, STI-1558, conducted in 58 healthy volunteers in Australia. The SAD portion of the study evaluated doses from 300 mg to 2,000 mg, and the MAD portion evaluated 300 mg, 600 mg, or 800 mg BID (twice daily) for 7.5 days. In addition to the Mpro inhibition, which can block viral replication, STI-1558 has cathepsin L inhibition, preventing viral entry into the host cell. Rel
Dow Jones futures rose modestly Wednesday ahead of Federal Reserve Chair Jerome Powell's speech. CrowdStrike stock plunged 20% on earnings.
Software stocks like Workday and CrowdStrike are the biggest movers in after-hours trading.
Even the best stock pickers will make plenty of bad investments. And unfortunately for Snowflake Inc. ( NYSE:SNOW...
If bank assets are marked to market, the U.S. sector is insolvent, according to an independent analyst.
Royal Bank of Canada (the "Bank") (TSX: RY) (NYSE: RY) announced today that its board of directors has declared an increase to its quarterly common share dividend of four cents or three per cent, to $1.32 per share, payable on and after February 24, 2023, to common shareholders of record at the close of business on January 26, 2023.
In this article, we discuss the 15 biggest copper companies in the world. To skip the industry analysis, you can go directly to the 5 Biggest Copper Companies in the World. Copper is the third most used metal in the world with Chile as its biggest producer and China as its biggest importer. Copper price […]
"The decision ... is in no way a reflection of the quality of the BBH franchise," said State Street Chairman Ron O'Hanley. The termination of the deal does not require either BBH's unit or State Street to pay any penalties. Shares of State Street rose nearly 2% before the bell.
The Federal Reserve chairman is scheduled to speak at the Brookings Institution on Wednesday at 1:30 p.m.
XPeng expects to deliver about 20,500 vehicles in the fourth quarter, down from 29,570 delivered in the third quarter and 34,422 in the second quarter of 2022.
Stocks are in an ongoing bear market, and bonds, typically considered less volatile than stocks, have had one of the worst years for the asset class in generations. Dividend stocks aren't a silver bullet, but they have some perks, including passive income and the upside of share price gains when the market eventually enters a new uptrend. Retirees can sprinkle some high-yield dividend stocks into a diversified portfolio, including these five stocks yielding 5% or more.
Buffett is dropping these blue chips. It might be time to pick them up.
In this article we delve into the David Tepper Stock Portfolio: Top 10 Stock Picks. Click to skip ahead to the David Tepper Stock Portfolio: Top 5 Stock Picks. Alphabet Inc. (NASDAQ:GOOG), Amazon.com, Inc. (NASDAQ:AMZN), and Meta Platforms, Inc. (NASDAQ:META) are some of the top stock picks of billionaire money manager and Carolina Panthers owner David […]
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
Petrobras (PBR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.