The market bounced back after a volatile few days, but the S&P 500 and the Dow are still quite a bit off their all-time highs.
The surface of the S&P 500 makes markets look calm. But look down just one layer, and you see some serious pain.
Prominent market technician Ralph Acampora says the recent bout of market volatility has him uneasy and now he's forecasting a deeper drop in the market.
With every top coin suffering the brunt of the crash, here are the possible reasons as to why it happened and what you can expect next.
Bears are in control as the market correction deepens. Apple and Tesla earnings loom but the Fed meeting will be in focus.
The start-up battery maker for electric vehicles is exploring other options, and the market isn't impressed.
In this week’s second 2022 Roundtable installment, Giroux highlights six stocks that, to his mind, have been unfairly punished. Mario Gabelli: I’ve been talking about the Atlanta Braves for a while. You can invest in the Braves through Liberty Braves Group [ticker: BATRA], a tracking stock controlled by John Malone’s Liberty Media It trades for $28, and there are 60 million shares outstanding.
WASHINGTON (Reuters) -The U.S. government said on Friday it would suspend 44 China-bound flights from the United States by four Chinese carriers in response to the Chinese government's decision to suspend some U.S. carrier flights over COVID-19 concerns. The suspensions will begin on Jan. 30 with Xiamen Airlines’ scheduled Los Angeles-to-Xiamen flight and run through March 29, the Transportation Department said. The decision will cut some flights by Xiamen, Air China, China Southern Airlines and China Eastern Airlines.
While myriad investing strategies have been effective in making long-term investors richer, perhaps none has a greater track record than buying into dividend stocks. Back in 2013, J.P. Morgan Asset Management, a division of JPMorgan Chase, issued a report that compared the performance of publicly traded companies that initiated a dividend and grew their payouts to public companies that didn't pay a dividend between 1972 and 2012.
(Bloomberg) -- Bitcoin extended its decline on Saturday, and has shed more than 50% from its record high in November while adding further momentum to the meltdown in cryptocurrencies.Most Read from BloombergCrypto Crash Erases More Than $1 Trillion in Market Value‘Lethal’ U.S. Military Aid Begins Arriving in UkraineBitcoin Chart Hints at Possible Floor for SlideBitcoin Has Lost Half Its Value Since Hitting Record HighTech Leads Stocks to Worst Week Since March 2020: Markets Wrap“Margin positions
Bitcoin has suffered a dire start to the year and is currently trading around 45% below its all-time high of $68,700.
Moderna (NASDAQ: MRNA) has come a long way in just two years. The biotech company developed one of the leading coronavirus vaccines in about nine months -- and has since made billions of dollars in vaccine revenue and profit.
What happened Cruise tourism stocks sailed lower in the water Friday. In early trading, each of the major publicly traded cruise stocks -- Royal Caribbean (NYSE: RCL), Norwegian Cruise Line Holdings (NYSE: NCLH), and Carnival (NYSE: CCL) (NYSE: CUK) -- declined about 5% before recovering somewhat in the afternoon.
Shares of Upstart Holdings (NASDAQ: UPST), a lender that uses artificial intelligence (AI) to make loan decisions, fell nearly 13.4% today after an analyst lowered his price target on the stock. Wedbush analyst David Chiaverini maintained his neutral rating on Upstart, but significantly lowered his price target from $160 to $110.
Shares of Walt Disney (NYSE: DIS) fell by 6.9% on Friday following the release of Netflix's (NASDAQ: NFLX) fourth-quarter results. Netflix warned of slowing subscriber growth for its popular streaming service. The digital entertainment leader expects to add just 2.5 million subscribers in the first quarter.
On Thursday, a flirtation with a respectable comeback a day after entering correction territory proved short-lived, with the Nasdaq Composite (COMP) notching another ugly reversal on Thursday. Thursday’s move appeared to be a head-scratcher for some participants as it seemed likely that the technology-laden Nasdaq Composite might finally finish higher, with momentum buoying the Dow Jones Industrial Average (DJIA) and the S&P 500 (SPX) benchmarks and bargain hunters swooping in. Read: The Nasdaq Composite just logged its 66th correction since 1971.
Yahoo Finance's Jennifer Schonberger discusses the outlook for cryptocurrency prices after the Fed released a white paper on central bank digital currencies.
(Bloomberg Law) -- MicroStrategy Inc. can’t strip out Bitcoin’s wild swings from the unofficial accounting measures it touts to investors, the SEC said.Most Read from BloombergCrypto Crash Erases More Than $1 Trillion in Market Value‘Lethal’ U.S. Military Aid Begins Arriving in UkraineBitcoin Chart Hints at Possible Floor for SlideBitcoin Has Lost Half Its Value Since Hitting Record HighTech Leads Stocks to Worst Week Since March 2020: Markets WrapBad news for the MicroStrategy was compounded as
LONDON (Reuters) -Shell officially changed its name on Friday, ditching "Royal Dutch", which has been part of its identity since 1907, following plans to scrap its dual share structure and move its head office from the Netherlands to Britain. The London and Amsterdam stock exchanges will reflect the name change on Jan. 25 while the New York Stock Exchange will follow on Jan. 31. The change will not affect share ownership and the A shares and B shares will remain unchanged for the time being, Shell said.
The metaverse is interesting for a long list of reasons, but most of all because it means different things to different companies. There hasn't been a technological development that promises such a broad pool of opportunities since the dawn of the internet. In the spirit of that idea, three Motley Fool contributors think Meta Platforms (NASDAQ: FB), Roblox (NYSE: RBLX), and Unity Software (NYSE: U) are set to benefit enormously from the virtual world, and the exciting part is they'll do it in completely different ways.
(Bloomberg) -- Farm equipment giant John Deere boasted record profits in 2021 as the global pandemic made consumers and countries more reliant than ever on a functioning agricultural sector. Also last year, unionized workers demanded a piece of the company’s growing pie, and after a strike forced John Deere to provide better compensation to the men and women who make its products.Most Read from BloombergEarly Omicron Breakthroughs Show mRNA Vaccines’ WeaknessJeremy Grantham Doubles Down on Crash