It has taken just one day for Tesla Inc.’s stock to erase the entire bounce it enjoyed over the last three days trading sessions of 2022, as disappointing deliveries data Read more
Tag: Meta Platforms Inc.
These 20 stocks were the biggest losers of 2022
This has been the year of reckoning for Big Tech stocks — even those of companies that have continued to grow sales by double digits. Below is a list of Read more
Recessions always spur big layoffs, but the Fed thinks this time might be different
Can the Federal Reserve slow the economy and crush high inflation without triggering mass layoffs? Top officials at the central bank think they can pull it off. Most economists predict Read more
Investors may be whistling past the graveyard of a recession with latest rally in stocks
Investors feeling giddy about last week’s sharp rally for stocks might want to give a listen to Tom Waits’ song, “Whistlin’ Past the Graveyard” from 1978, to sober up for Read more
You need to understand the FTX debacle even if you have no investments in crypto
The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks taken when money is parked with a Read more
Opinion: Opinion: Why inequality is growing in the U.S. and around the world
U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022. That’s because what’s been driving income inequality in the Read more
Bonds head for biggest one-day rally in more than a decade after October’s downside inflation surprise
Investors cheered one of the few pieces of good news about U.S. inflation in the past year and sent Treasurys toward their biggest one-day rally in more than a decade Read more
Amazon has launched a cost-cutting review focused on unprofitable business units
Amazon.com Inc. AMZN, +13.19% Chief Executive Andy Jassy is leading a cost-cutting review of the tech giant and paring back on businesses at the company that haven’t been profitable, according to people Read more
Meta follows Twitter in making major job cuts
From Meta Platforms Inc. to Twitter, big names in the tech sector have announced major layoffs in October and November. Facebook parent Meta META, +5.18% is cutting 11,000 employees, or Read more
U.S. stocks slip as control of Congress remains unsettled
U.S. equity indexes slipped on Wednesday, following a three day rally, after some poor earnings reports and a slide in major technology stocks, while the results of the mid-term elections Read more