Start of Day Message
LONDON, June 23, 2022--(BUSINESS WIRE)--
Start of Day Message from Business Wire
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High-quality items seldom go on sale. Grab them when they do.
Close to 12,000 fewer homes sold in April and May compared to the pre-pandemic average.
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.
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
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.
There's no sugarcoating it: Times are tough in the stock market. The Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500 are down 15%, 30%, and 21%, respectively, at he halfway point of the year. All of this can seem frightening, but bear markets are as natural as the seasons.
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.
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.
The CEO of social media giant Meta is pessimistic about the economy and is looking for ways to keep his company profitable.
Tesla's rivals are not even coming close to producing and delivering EVs at the same rate as the Austin, Texas-based market leader.
The youngest most innocent victims becoming unintended targets of gun violence.
The first half of the year has been rough for Walt Disney (NYSE: DIS) and its investors. The stock is down 39% at the midpoint of 2022. As one of the more well-rounded media companies, there's always something going on at the House of Mouse.
Our latest guide to income investing explores opportunities in categories ranging from junk bonds to TIPS and REITs.
Suze is bearish — but not on everything.
Tesla's sales from April through June fell to their lowest quarterly level since last fall as supply chain issues and pandemic restrictions in China hobbled production of its electric vehicles.
Don't feed the bear market, prepare for the next bull run. Tesla deliveries fell sharply in Q2 with BYD on tap.
Retirees can rest easy owning these passive income powerhouses, which range in yield between 1.9% and 7.6%.
The "Truth Be Told" actress previously spoke to Yahoo Life about taking time for self care, which can include just a few quiet moments.
Oppenheimer continues to expect strong fundamentals in the U.S. banking sector, even as fears of a recession heighten.
With tech stocks like Nvidia out of favor, chemicals and oil stock dominate this list of growth stocks eyeing 109%-370% gains.