Shares of Ford Motor Co. F, +1.59% dropped 3.5% in premarket trading Friday, putting them on track for their first loss in 11 sessions, to snap a record-long win streak. Read more
Tag: SNAP
U.S. stocks moving higher, trying to snap four-day skid despite Bank of Japan surprise and possible recession fears
U.S. stocks are reversing a Tuesday start in the red and now trading higher as investors think through the implications of the Bank of Japan’s surprise announcement to put a 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
Food-aid programs for low-income Americans hang in the balance — with Senate results still too close to call
The midterm election results will have far-reaching effects, including on low-income Americans. The reauthorization of the Farm Bill in 2023 may depend on the results of Tuesday’s elections, said Elaine Read more
U.S. stocks snap 4-day losing streak but Nasdaq still logs worst week since January
U.S. stocks finished higher on Friday, snapping a four-day losing streak in a hectic session that saw the three major indexes swing in and out of positive territory multiple times. Read more
Amazon stock on track to snap longest losing streak in 3 years, for now
Shares of Amazon.com Inc. AMZN, +2.14% bounced 1.1% in premarket trading Friday, which for now puts them on track to snap a seven-session losing streak, which was the longest since Read more
S&P 500, Nasdaq snap 3-day winning streak after tech earnings disappointment
Stocks ended mostly lower, though the Dow Jones Industrial Average appeared to cling to a tiny gain Wednesday, with the market unable to fully shake off weak earnings from tech Read more
Google faces an advertising slowdown — here’s why earnings may hold up anyway
It’s been a challenging year for digital advertising, and the worst may be yet to come. “We believe the darkest days of this downturn are ahead of us,” Monness Crespi Read more
Snap’s ad woes turn some of Wall Street’s worst fears into reality, sending the internet sector on a tumble
Snap Inc.’s stock dropped sharply Friday as Wall Street took a hard look at the company’s latest string of disappointing news, which has the potential to rattle the broader internet Read more
U.S. stock futures wilt after Snap warning, continued bond yield rise
U.S. stock futures fell on Friday, with a warning from social-media service Snap setting a negative tone as bond yields continued to rise. What’s happening Futures on the Dow Jones Read more