Dow, Nasdaq plunge 3% into correction

Fortune
Mark Zuckerberg warns staff Facebook will be ‘turning up the heat’ to weed out underperformers: ‘You might decide this place isn’t for you, and that’s OK with me’
Meta CEO Mark Zuckerberg announced to employees that the social media giant would be scaling back hiring and turning up the heat on its employees.
9h ago
CNW Group
Opana® ER Antitrust Trial Concludes With Jury Verdict in Endo's Favor
Endo International plc (NASDAQ: ENDP) announced today that a federal jury in Chicago, Illinois, has returned a verdict in favor of the Company's subsidiaries Endo Pharmaceuticals Inc. and Endo Health Solutions Inc. (collectively Endo), in an antitrust trial.
4h ago
TheStreet.com
Mark Zuckerberg Has an Original Idea to Get Rid of Employees
The CEO of social media giant Meta is pessimistic about the economy and is looking for ways to keep his company profitable.
3h ago
Motley Fool
Why Nio Stock Jumped Initially, Then Fell Today
Shares of Nio (NYSE: NIO), a Chinese electric vehicle company, rose in early trading this morning after it reported strong vehicle deliveries both in June and the most recent quarter. The EV stock was down by 3.4% as of 2:12 p.m. ET. The good news for Nio shareholders today was the fact that the company delivered 12,961 vehicles in June, an impressive 60% increase from the year-ago quarter.
3h ago
TheStreet.com
Mark Zuckerberg Makes a Dark Prediction
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.
5h ago
MoneyWise
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still raging, it's time to follow his lead
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
9h ago
MoneyWise
‘We are in a recession’: Long-time bull Cathie Wood warns investors about the ‘big problem’ in the economy. Here’s what she likes today
The super investor still sees opportunities ahead.
1d ago
Motley Fool
Why Shopify Crashed 18% This Week
Shares of Shopify (NYSE: SHOP) plummeted 18.2% this week on several bits of news. First, shares fell earlier in the week when revised GDP figures were released, showing that the economy was slowing down slightly more than expected. Additionally, a new report released yesterday, showing that inflation remains stubbornly high despite the Federal Reserve's efforts to bring it down, is likely weighing down on the stock this week.
6h ago
TipRanks
2 Big Dividend Stocks Yielding at Least 8%; J.P. Morgan Says ‘Buy’
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
8h ago
Barrons.com
U.S. Banks Are ‘Dramatically Undervalued.’ 8 Stocks to Buy.
Oppenheimer continues to expect strong fundamentals in the U.S. banking sector, even as fears of a recession heighten.
6h ago
The Telegraph
China snubs Boeing to strike huge new deal with Airbus
China has snubbed troubled aircraft maker Boeing after three of its national flag carriers placed orders worth $37bn (£31bn) with rival Airbus.
4h ago
Insider Monkey
Ken Fisher Loves These 10 Defensive Stocks
In this article, we discuss 10 defensive stocks that Ken Fisher loves. If you want to skip our detailed analysis of Fisher’s investment philosophy, hedge fund returns, and history, go directly to Ken Fisher Loves These 5 Defensive Stocks. Born in 1950, Kenneth Lawrence Fisher is an American investor, author, and founder of one of […]
7h ago
SmartAsset
How to Retire With $5 Million
Want to learn how to retire with $5 million? Here are a few things you can do to stretch your nest egg over the course of your retirement.
3h ago
Yahoo Finance Video
Yahoo Finance LIVE - July 6 AM
Executives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
1d ago
Bloomberg
Apple Ex-Corporate Law Chief Admits Years of Insider Trading
(Bloomberg) -- The Apple Inc. lawyer who was once responsible for enforcing the company’s insider trading policy admitted he used his access to draft SEC filings to personally profit. Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysStock Doomsayers Vindicated in Historic First Half: Markets WrapThe Wheels Have Come Off Electric VehiclesDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinSupreme Court Crimps Biden’s Climate Agenda With Limits on EPAGene
1d ago
USA TODAY
Is the stock market open on July 4?
The bond market closed early on July 1 ahead of July 4th weekend. Stocks had a rough second quarter driven by inflation and recession fears.
11m ago
CoinDesk
First Mover Americas: It’s Ugly in Crypto With $200M of Margin Calls, Founders Selling Homes and Comparisons to 2008
The latest price moves in bitcoin ($BTC) and crypto markets in context, for July 1, 2022.
8h ago
Motley Fool
3 Warren Buffett Stocks to Buy Hand Over Fist in July
Few investors have a nose for making money quite like billionaire Warren Buffett. Since becoming CEO of conglomerate Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, the Oracle of Omaha, as he's come to be known, has created more than $610 billion in value for shareholders and delivered an aggregate return on his company's Class A shares (BRK.A) of 3,641,613%, through Dec. 31, 2021. As we push into the second half of what's been an exceptionally volatile and challenging year for investors, several Berkshire Hathaway holdings stand out as amazing values.
12h ago
CNW Group
MindMed Announces Completion of Share Redesignation
Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (NEO: MMED) ("MindMed'' or the "Company") announces that it has completed its previously announced redesignation of its subordinate voting shares as common shares (the "Common Shares") of the Company. The Common Shares will be assigned CUSIP number 60255C802 and ISIN number CA60255C8025 following the redesignation. The Common Shares will begin trading on a post-Redesignation basis under the new CUSIP and ISIN numbers on the NEO Exchange and NASDAQ at m
1d ago
Motley Fool
Nasdaq Bear Market: 3 High-Yield Dividend Stocks You Won't Regret Buying
These income stocks, with yields ranging from 4.5% to 12.5%, are ripe for the picking with the Nasdaq plunging up to 34%.
2d ago

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