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Snap (NYSE:SNAP) stock plummeted dramatically last week when CEO Evan Spiegel warned that the instant messaging app's Q2 revenue and earnings growth would come in below the guidance issued earlier on...
Wall Street gets a day off for Memorial Day on Monday, May 30, marking the unofficial kick-off for the busy summer travel season.“Revenge travel” is the term we’ve been seeing after...
Coffee is the second-highest traded commodity worldwide, trailing only crude oil. Due to several factors, such as surging US demand, inflation, rising shipping costs, and widespread droughts in...
Fears of a possible US recession have been growing among Wall Street’s analysts, helping push the S&P 500 index to the verge of an official bear market. As investors accumulate growing...
Wall Street is debating how deep the current broad market selloff can get while investors are seeking ways to shelter holdings amid mounting concerns that inflation may linger for longer than...
Wall Street keenly follows Warren Buffett’s investment strategy. Each quarter, Berkshire Hathaway (NYSE:BRKa) (NYSE:BRKb), where Buffett is the CEO, discloses current holdings to shareholders....
Investors were net redeemers of mutual fund and ETF assets for the Refinitiv Lipper fund-flows week ended Wednesday, May 18, 2022, collectively handing back a net $30.9 billion—including a...
Despite Wall Street's current elevated volatility levels, seasoned investors have not stopped scouring for companies that have the potential to develop world-changing technologies.One booming theme...
Following recent weak results and forecasts from leading retailers, including Walmart (NYSE:WMT), Target (NYSE:TGT), and Lowe’s (NYSE:LOW), Wall Street has deepened its rout. As a result, the...
The 'body + tech' or 'wearable tech' industry is growing with significant future potential. So, Wall Street pays close attention to the many companies pushing the limits of innovation to bring...
China is the world’s most populous nation with a vastly expanding urban middle class. It is also the world’s second largest economy, after the US. Therefore, growth investors keep a close...
Memorial Day, at the end of May, marks the start of the US summer travel season. And this year, according to the US Travel Association, “about 6 in 10 Americans are planning at least one summer...
Equity funds and ETFs took a drubbing for the Refinitiv Lipper fund-flows week ended Wednesday, May 11, 2022, with the average equity fund declining 8.65% for the flows week—its worst one-week...
Broader US markets are still struggling to find a near-term bottom. It has been a tough couple of days for shareholders in virtually every market sector.The most recent US consumer price index (CPI)...
Last week, the Federal Reserve (Fed) delivered the sharpest rate hike in more than two decades, raising interest rates by 50 basis points. A sharp multi-day sell-off on Wall Street followed the...