Rep. Madison Cawthorn loses re-election bid in North Carolina GOP primary
First-term U.S. Rep. Madison Cawthorn has conceded to North Carolina state Sen. Chuck Edwards in the Republican congressional primary.
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The mood has changed at the headquarters of Meta Platforms , parent of Facebook, Instagram and WhatsApp, in Menlo Park, California. For months now, many economists have been anticipating a sharp downturn in the economy due to aggressive monetary policy by the Federal Reserve and central banks around the world to combat record price increases everywhere. The Russian war in Ukraine has further exacerbated the supply chain problems caused by the Covid-19 pandemic.
Close to 12,000 fewer homes sold in April and May compared to the pre-pandemic average.
Zuckerberg's chilling message to Meta Platforms Inc. employees: The company faces one of the "worst downturns that we've seen in recent history" that will necessitate a scaling back in hires and resources.
Shares of Nvidia (NASDAQ: NVDA) plunged this week after the company's stock received a price target cut, some analysts had a few negative comments about the chip market, and investors worried that comments made from another chip company about slowing demand might mean bad news for Nvidia as well. Investors panicked a bit on all this news and sent the semiconductor stock falling 15.3% over the past week. Nvidia started off the week with Morgan Stanley warning that there could be a potential slowdown in demand for graphics processors as Ethereum, a leading blockchain and cryptocurrency, switches to a proof-of-stake model and away from its current proof-of-work setup.
Two weeks that seemed like an eternity in Elon Musk's world. After having dominated almost all conversations in business circles since the beginning of the year, the richest man in the world had suddenly become silent since June 21, the date of his last tweets on the microblogging website Twitter.
Today we will run through one way of estimating the intrinsic value of Occidental Petroleum Corporation ( NYSE:OXY ) by...
Elon Musk said he was "honored" to meet Pope Francis as he shared a snap featuring four of his sons after 10 days off Twitter
The Euro has fallen a bit during the trading session on Friday again, as we continue to see US dollar strength overall.
The move is one of the most drastic responses by the Kremlin so far to the flight of Western companies from Russia in the wake of the country’s invasion of Ukraine.
Last late-week rally in the markets quickly faded and this week is ending with declines in the major stock indexes. It’s the classic patter on the dead cat bounce, a brief recovery that is followed by more losses, and it has investors worried that there is no bottom in sight. Writing from the global markets strategy team, where he takes a broader look at the worldwide market situation, JPMorgan’s Marko Kolanovic lays out the headwinds running against US investors: “First and foremost, an unprece
Don't feed the bear market, prepare for the next bull run. Tesla deliveries fell sharply in Q2 with BYD on tap.
Michael Burry called the stock market the “greatest speculative bubble of all time in all things” last year. Now, he’s arguing corporate earnings will take a hit, driving prices even lower.
Retirees can rest easy owning these passive income powerhouses, which range in yield between 1.9% and 7.6%.
Shares of Meta Platforms (NASDAQ: META) dipped 16.7% in June, according to data from S&P Global Market Intelligence. The social media conglomerate that owns Facebook, Instagram, and WhatsApp is slowing down hiring this year and was probably affected by the broad market sell-off in technology stocks last month. There was no official news from Meta Platforms this month, but, being one of the most valuable companies in the world, there was plenty of other news to dig into.
Our latest guide to income investing explores opportunities in categories ranging from junk bonds to TIPS and REITs.
With tech stocks like Nvidia out of favor, chemicals and oil stock dominate this list of growth stocks eyeing 109%-370% gains.
Lindsay Lohan announces that she got married to her fiancé, Badar Shammas, on Instagram Saturday. The pair announced an engagement in November 2021.
(Bloomberg) -- Russia’s defense chief told President Vladimir Putin that Moscow’s troops have captured Lysychansk, the last major Ukrainian-held city in Luhansk province, Russian state media reported. The move would put Russia closer to its goal of gaining control of Ukraine’s entire Donbas region -- Luhansk and Donestsk. Ukraine’s government hasn’t commented on the current situation. Most Read from BloombergJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutUS Court Ruling May Take
When it comes to making powerful computer chips, Advanced Micro Devices (NASDAQ: AMD) is best-in-class. Chips, which are commercially known as semiconductors, have become one of the most important manufacturing components as consumer devices and commercial infrastructure demand an increasing amount of computing power. AMD is responsible for powering consumer product royalty.