Arista Networks Inc. shares searched for direction in the extended session Monday after the cloud-software and data-center supplier’s earnings and outlook topped the relatively low Wall Street consensus. Arista ANET, Read more
Month: October 2022
Verizon, Microsoft stocks are index’s sole monthly losers as the Dow notches record October gains
As the Dow Jones Industrial Average logged its best October performance on record, all but two of its 30 components registered gains for the month. The biggest loser was Verizon Read more
Stocks end lower, but Dow clinches best monthly performance since January 1976
Stocks ended the final day of the month on a down note Monday, but still saw the Dow Jones Industrial Average log one of its strongest monthly performances of all Read more
What Fed Chair Powell can say to keep the stock-market rally going — or kill it
Whatever Federal Reserve Chairman Jerome Powell says when he steps up to the podium on Wednesday will likely have ramifications for financial markets. But what do equity investors need to Read more
Uber earnings: What to expect
Uber Technologies Inc. is scheduled to release third-quarter earnings Tuesday morning before trading begins in the U.S. Analysts expect Uber UBER, -3.38% to report a revenue increase of nearly 70% Read more
People are keen to move out of big cities due to inflation. They are eyeing these sunny locations for lower-cost living.
Americans are fed up with the high cost of living in big cities, and they’re planning on moving to sunny, more affordable locations. That’s according to a new report by Read more
Cannabis edibles company Wyld builds national footprint as it keeps hiring
Wyld plans to add about 200 more workers to bulk up to nearly 1,000 employees next year, but the Oregon-based cannabis edibles company has no immediate plans to raise outside Read more
U.S. Treasury expects to borrow $550 billion in fourth quarter
The Treasury Department said Monday it expects to borrow $550 billion in the fourth quarter, which is $150 billion higher than previously estimated. The increase was driven, in part, by Read more
Opinion: Apple, more than Meta, holds the key to unlocking a ‘metaverse’-type world of AR
It has been more than a year since Facebook parent Meta META, -5.62% started touting the metaverse, but many of us are still scratching our heads about it. Meta CEO Read more
Who is Satoshi Nakamoto and what does his 14-year-old bitcoin white paper mean for the cryptocurrency today?
It’s bitcoin white paper day. On Oct. 31, 2008, a person or a group of people using the pseudonym Satoshi Nakamoto sent a 9-page paper to a mailing list of Read more