In this article BZFD Follow your favorite stocksCREATE FREE ACCOUNT Jonah Peretti, founder and CEO of BuzzFeed, attends his company’s public debut outside the Nasdaq in Times Square in New York City, Dec. 6, 2021. Brendan McDermid | Reuters Corporate stories have ebbs and flows, ups and downs. To this point, BuzzFeed‘s journey as a
Month: April 2023
In this article LC Follow your favorite stocksCREATE FREE ACCOUNT Some good news: Overall, fewer Americans are living paycheck to paycheck. As of March, the share of adults feeling stretched too thin fell to 60% from 62% in the previous month, according to a new LendingClub report. Many consumers have scaled back or picked up a
People are seen at the entrance of the UBS office in London, Britain March 20, 2023. Henry Nicholls | Reuters After identifying the 10 best analysts on Wall Street of the past decade, here is a list of the 10 top research firms. To create this list, TipRanks analyzed every stock recommendation made by investment research
As luxury stocks make waves overseas, State Street Global Advisors believes investors should consider European ETFs if they want to capture the gains from their outperformance. Matt Bartolini, the firm’s head of SPDR Americas research, finds three reasons why the backdrop is becoming particularly attractive. First and second on his list: valuations and earnings upgrades.
In this article MAT HAS Follow your favorite stocksCREATE FREE ACCOUNT Game maker Hasbro Justin Sullivan | Getty Images Toymaker stocks rallied Thursday after rivals Hasbro and Mattel posted quarterly results and offered optimistic comments about how their intellectual property will boost their businesses. Hasbro shares spiked more than 13% Thursday after the toymaker reported
Starship launches for the first time on its Super Heavy booster from Texas on April 20, 2023. SpaceX The dust has settled in Texas, but the work to clean up after the world’s most powerful rocket and get the next one flying in a matter of months is already underway. Elon Musk’s SpaceX launched its
Viktorcvetkovic | Istock | Getty Images Shortly after the Supreme Court makes its expected ruling on the Biden administration’s sweeping student debt forgiveness plan, the loan bills are expected to resume. The U.S. Department of Education has said payments would be due again 60 days after the litigation over its student loan forgiveness plan resolves.
Consumers are sending mixed signals. For the most part, people are concerned about inflation and the direction of the U.S. economy. Consumer spending sank in March, according to Morning Consult. “Sticker shock” has taken a toll, the report found, with consumers more likely to walk away from a purchase because the price is too high. However, many
A First Republic bank branch in Manhattan on April 24, 2023 in New York City. Spencer Platt | Getty Images U.S. regulators have asked banks for their best and final takeover offers for First Republic by Sunday afternoon, in a move that authorities hope will calm markets and cap a period of uncertainty for regional
In this article NET Follow your favorite stocksCREATE FREE ACCOUNT Signage outside the Cloudflare headquarters in San Francisco, California, U.S., on Tuesday, Feb. 8, 2022. Cloudflare Inc. is expected to release earnings figures on Feb. 10. David Paul Morris | Bloomberg | Getty Images Cloudflare shares plunged as much as 25% in after-hours trading Thursday
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT A Chevrolet Bolt EUV on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT — After years of lackluster performance and a fire-provoked recall, the all-electric Chevrolet Bolt EV was finally gaining traction for General Motors. As America’s cheapest
Peopleimages | Istock | Getty Images For many Americans, a comfortable retirement may feel out of reach. Retirement confidence has dropped significantly in 2023, marking the biggest decline since 2008 among both workers and retirees, according to a new report from the Employee Benefit Research Institute and Greenwald Research. Workers’ confidence dropped to 64% from
Mark Cuban isn’t happy with Twitter right now. The billionaire entrepreneur and investor says his follower count on the social media platform is declining by 800 to 1,000 each day, and that his tweets are reaching “considerably” fewer people than they did a few months ago. And his experiment to fix the problem — paying
POLAND – 2023/03/21: In this photo illustration, a First Republic Bank logo is displayed on a smartphone with stock market percentages in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. First Republic — Shares of the
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Co-founder and CEO of Snap Inc. Evan Spiegel holds up a Pixy drone while speaking during the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Snap shares dropped
In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT United Airlines Seatbacks Courtesy: United Airlines United Airlines‘ plan to revamp the cabins on its older narrow-body planes is running behind schedule because of supply chain strains, the carrier told CNBC this week. The upgrades include bigger premium cabins, seat-back entertainment screens throughout the planes,
Series I bonds will offer a 4.3% interest rate through October, according to new rates issued by the U.S. Department of the Treasury on Friday. The new rate marks a decline from the 6.89% annual returns Series I bonds were offering for the six months ending in April. That record rate prompted higher demand for
Francesco Carta Fotografo | Moment | Getty Images When it comes to cryptocurrency like bitcoin, new investors are often motivated by friends to take the plunge, according to a new study. But that might hold traps for the unwary, experts warn. “I don’t imagine friends are talking about when they lost money,” said Lee Baker,
Mark Cuban is riled up about Twitter’s new subscription protocol. The billionaire investor and owner of the NBA’s Dallas Mavericks recently took to Twitter to air his grievances and present ideas, after the platform removed blue checkmarks from countless previously verified accounts. Cuban wrote that Twitter CEO Elon Musk botched a marketing opportunity, and could
The New York Stock Exchange (NYSE) in New York, US, on Tuesday, March 28, 2023. Victor J. Blue | Bloomberg | Getty Images As investors navigate another uncertain year in markets, actively managed funds could add differentiated performance to their portfolios – if traders choose carefully. Actively managed funds have historically underperformed passive strategies, but
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Pat Gelsinger, with U.S. President Joe Biden (not pictured), announces the tech firm’s plan to build a $20 billion plant in Ohio, from the South Court Auditorium on the White House campus in Washington, January 21, 2022. Jonathan Ernst | Reuters Intel reported
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A closed Bed Bath & Beyond store in San Francisco, California, US, on Monday, April 24, 2023. David Paul Morris | Bloomberg | Getty Images In strip malls across the country, Bed Bath & Beyond stores have “Closing Soon” signs. For other retailers, those may
It’s never too early to start thinking about retirement. While the thought of funding your retirement adequately might be daunting, if you start planning now you’ll certainly be thankful later. It also might not be as difficult as you think. Retirement usually entails replacing your annual salary from a workplace with other income sources to
A beachfront residence is seen in East Hampton, New York. Jeffrey Basinger | Reuters The average price for a house in the Hamptons hit a record $3 million in the first quarter, highlighting a shortage of trophy beach homes for sale and the resilience of wealthy buyers. The average sales price in the New York
Baidu CTO Wang Haifeng speaks at the unveiling of Baidus AI chatbot Ernie Bot at an event in Beijing on March 16, 2023. Michael Zhang | Afp | Getty Images BEIJING — More than two months since the ChatGPT craze hit China, a similar artificial intelligence-based product has yet to reach the country’s population at
In this article 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony posted record annual operating revenue on Friday, helped by its chip division and sales of its flagship PlayStation 5 gaming
In this article LUV BA Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines is reducing its hiring targets for this year because of delays in new aircraft from Boeing, the carrier’s CEO Bob Jordan said Thursday. The Dallas-based airline expects to receive just 70 new 737 Max planes from Boeing this year, down from a
Grace Cary | Moment | Getty Images Wholesale egg prices are poised to fall to $1 a dozen in coming weeks — the lowest level in almost two years — as prices undergo a dramatic retreat from record highs over the winter. Wholesale prices — which retailers like grocery stores pay to egg distributors —
Money remains a taboo subject for many people — especially when it comes to discussing finances with the important people in their lives. Almost two-thirds of couples believe they’re “financially incompatible,” meaning their spending, investing and saving habits aren’t aligned, according to a recent survey. This disparity can lead to uncomfortable situations like not wanting
FatCamera | E+ | Getty Images If you had a surprise tax bill this season, it’s not too soon to prepare for next year, financial experts say. As of April 14, the IRS processed nearly 76 million refunds, with an average payment of $2,840, which is 8.5% smaller than refunds at the same point last
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