Alphabet Inc. and Meta Platforms Inc. became two of the most valuable companies in the world by largely ignoring Wall Street and its concerns about their spending and big-money acquisitions. Read more
Tag: Street
Mobileye stock jumps 38% in return to Wall Street, even though ‘investors don’t want to talk about autonomous vehicles right now’
Mobileye Global Inc. received a warm welcome back to Wall Street on Wednesday, as the stock of the Intel Corp. autonomous-driving spinoff went up more than 30% in its first Read more
Wall Street weighing possibility that the Fed won’t supersize upcoming rate hike
Wall Street weighing possibility that the Fed won’t supersize upcoming rate hike
Wall Street is driving explosive swings in stocks by embracing a trading strategy popularized by the Reddit crowd
Reddit-loving day traders are reportedly returning to their day jobs, according to the Wall Street Journal, but back in the world of high finance professional traders have adopted one of Read more
Stock-market selloff may mean another 20% drop for S&P 500, says Wall Street veteran
“‘I generally believe that rates are going to continue to go higher and inflation is not going to come down as much as expected.’” — Thomas Peterffy, chairman and founder Read more
Asian stocks moving lower in wake of latest volatile session on Wall Street
TOKYO (AP) — Asian shares were mostly lower on Wednesday following another volatile day on Wall Street, as traders braced for updates on inflation and corporate earnings. Benchmarks fell in Read more
Can the U.S. avoid recession? The Fed still thinks so, but Wall Street is very skeptical
Senior Federal Reserve officials cling to the hope they can stamp out high inflation without triggering an economic meltdown, but Wall Street forecasters are increasingly gloomy. “I think we can Read more
‘The figures were weak’: Construction spending falls in August, more than Wall Street analysts’ expectations
Outlays for construction projects fell 0.7% in August to $1.78 trillion, the Commerce Department reported Thursday. Wall Street was expecting a drop of 0.2%. Spending in July fell a revised Read more
This street shark is no hurricane fishy tale
Apparently, the street shark is legit. Or at least challenges what’s been a long-running hoax. And people can’t stop talking about it. A video showing a shark in a flooded Read more
Opinion: Micron earnings suggest the chip downturn could be worse than Wall Street expects
Micron Technology Inc. executives warned about a semiconductor downturn in late June, but now say that a “sharp and sudden” drop in demand exceeded even those expectations, suggesting the current Read more