Новости за 28.10.2022

Shares of Meta Platforms Inc. suffered their largest weekly plunge on record this week as the company's third-quarter earnings report met a chilly reception on Wall Street. The stock lost 23.7% over the course of the week. The prior worst weekly drop for Meta shares was a 21.4% decline sustained in the week that ended Feb. 4, 2022. Meta saw revenue decline in its latest quarter as costs rose, and Chief Executive Mark Zuckerberg said the company would plow forward with big investments in the metaverse and other areas. Читать дальше...

U.S. stocks end sharply higher Friday, with the Dow Jones Industrial Average surging more than 800 points, as all three major benchmarks score another week of gains.

Apple stock finishes up 7.6% in best day since 2020

Traders digest U.S. inflation data for September, as well as the possibility that the Federal Reserve may ease up on aggressive rate hikes by year-end.

Financial-market investors were craving for clues on clearer economic policy guidance from the China’s Communist Party Congress, but when the ruling party wrapped up its twice-a-decade political gathering on Saturday to the tune of "The Internationale", a socialist anthem, investors finally realized they didn’t hear what they wanted, and they saw the red flags.

U.S. stocks ended sharply higher Friday, capping a volatile week that saw Big Tech shares hammered after a series of disappointing earnings reports while industrials and defensive stocks soared. The Dow Jones Industrial Average ended with a gain of around 828 points, or 2.6%, near 32,861, according to preliminary figures, leaving the blue-chip gauge with a weekly gain of 5.7% and on track for a monthly advanced of 14.4%. That monthly rise would be the Dow's biggest since January 1976 and the... Читать дальше...

Friday's top personal finance stories.

The total market cap for all crypto nearly hit $3 trillion during parts of 2021, but is now lower than $1 trillion.

Dow ends up over 800 points Friday, extending win streak to sixth session

A number of young children are being hospitalized because of respiratory syncytial virus, or RSV, and it's happening at an unusual time of year.

The move comes a few days after Adidas cut ties with West over his recent antisemitic remarks.

Big Tech companies took a heavy beating this week, to the tune of more than $255 billion in lost market capitalization that helped make a bad year even worse for the once-beloved sector.

Google Cloud is getting in on blockchain technology to make the work of developers easier.

Shares of Verizon Communications Inc. were rallying toward their best single-day performance this year Friday, bucking what's been a tough recent stretch for the telecommunications giant. Verizon's stock was up 4.0% in afternoon trading Friday and on track for its largest single-day percentage gain since Dec. 16, 2021 when it rose 4.4%, according to Dow Jones Market Data. Verizon's stock remains the highest yielding among Dow Jones Industrial Average components with a 6.92% dividend yield. Dow Inc. Читать дальше...

Shares of XPeng Inc. sank 7.5% toward a record low in afternoon trading Friday, after Citi Research analyst Jeff Chung swung to bearish from bullish on the China-based electric vehicle maker, citing expectations the company's model cycle will face "serious challenges" in 2023. The stock has dropped 16.2% this week, and has plummeted 72.1% amid an 11-week losing streak. Chung double downgraded the stock to sell, after being at buy for at least the past two years. He slashed his stock price target to $3.18... Читать дальше...

Alphabet Inc.'s Google is preparing a legal fight over $275 million in fines by Indian regulators for antitrust violations last week that Google claims would change its approach to its Android operating system, according to a Reuters report. Indian officials levied $275 million in two decisions last week: one for the company's policies of charging in-app commissions, the other for abusing its position in the market for Android operating system. Google was not immediately available for comment. Читать дальше...

Oil futures settled lower on Friday as COVID-19 restrictions in China fed worries about energy demand, but U.S. prices still marked their first gain in three weeks. “Oil markets remain volatile as China ramps up COVID restrictions, some U.S. oil giants signal modest commitments to boost production, and the global economic outlook continues to dim,” said Edward Moya, senior market analyst at OANDA. U.S. benchmark West Texas Intermediate crude for December delivery CLZ22 fell $1.18, or 1.3%, to... Читать дальше...

Economists widely expect another three quarters of a percentage point interest rate hike from the Federal Reserve in November, but there's much less agreement about what happens next.

Intel Corp. shares rallied on course for their best day since the start of the COVID-19 pandemic Friday after the chip maker's promised cost cuts and layoffs encouraged investors that have withstood shrinking margins and market share over the past several quarters.

New York City-based Cadre lists its favorite markets for multifamily, industrial and office real-estate investment.

Musk's goals as Twitter's new owner have been rumored for months and many users are hopeful he will make some changes, while others are upset by the change

Calculating the market’s odds from 150 years of U.S. history

Think beyond insurance when considering benefits

The business community is ambivalent about the potential effects of a decision that could undermine a host of regulations that the industry has planned around

For many retirees, their financial plan will need to be adapted to cover rising costs.