Deep Dive: These S&P 500 stocks have cratered, but analysts think 12 can turn it around with rebounds of up to 70%
Stocks expected to roar back include PayPal, Paycom, Etsy and SolarEdge.
Stocks expected to roar back include PayPal, Paycom, Etsy and SolarEdge.
Used car prices are up 37% compared to last year.
Investors should favor U.S. equities this year even as valuations are historically high and the Federal Reserve moves toward tightening its monetary policy, according to the investment strategy group at Goldman Sachs.
Private insurance companies are required to start covering at-home COVID tests, but it will likely take a while for them to process claims.
Boston Beer Co. SAM shares fell in the extended session Thursday after the beer maker slashed its earnings guidance in light of higher-than-expected supply-chain costs and reduced wholesaler inventories. Boston Beer shares fell 7% after hours, following a 0.8% gain in the regular session to close at $488.98. In a filing with the Securities and Exchange Commission, the company said it now expects full-year bottom line results of a loss of $1 a share to net income of $1 a share, down from a previous forecast of $2 to $6 a share. Читать дальше...
The odds that stocks will rise are no different after a 10% decline than they are before.
U.S. traded shares of Taiwan Semiconductor Manufacturing Co. closed just short of a new record high Thursday after the third-party silicon-wafer fabricator said it was doubling down, literally, on its capacity to make silicon wafers.
Bausch & Lomb Corp. has filed for an initial public offering, according to a filing late Thursday. The Bausch Health Cos. Inc. subsidiary seeks to sell up to $100 million worth of shares, although that's often a placeholder amount used to calculate filing fees. Bausch Health said in August 2020 it planned to spin off Bausch & Lomb, which mostly makes eye-health products. Bausch Health would remain majority owner of the new public company. Bausch & Lomb plans to list its shares on... Читать дальше...
Don't expect gains in 2022 if the Federal Reserve sticks to its guns on rate hikes and tightening overall financial conditions, says Kyle Bass.
The House select committee investigating the deadly Jan. 6 Capitol riot has subpoenaed the parent companies of Google and Facebook as well as social media companies Twitter Inc. and Reddit Inc., the panel’s chairman said Thursday.
The U.S. dollar is stumbling to begin 2022 even as investors pencil in a much more aggressive Federal Reserve response to persistent inflation. Here's why.
Jan. 6 committee subpoenas Alphabet, Meta, Twitter and Reddit as part of probe
Stocks fell Thursday as a bounce by tech stocks ran out of steam, with the Nasdaq Composite leading the way lower as it snapped a three-day winning streak. The Nasdaq slumped around 382 points, or 2.5%, to finish near 14,807. The Dow Jones Industrial Average lost around 175 points, or 0.5%, to end near 36,115, while the S&P 500 declined around 67 points, or 1.4%, closing near 4,659.
Читать дальше...U.S. stocks finish lower with Nasdaq's 2.5% skid pacing the decline
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