The Dow saw a pullback of more than 200 points pullback during late-day trading as Apple plans to slow hiring and growth spending in 2023.
Altcoins led by Ethereum have been the major contributors to the price rally. On the other hand, Bitcoin faces a strong resistance at its 200-week moving average.
With the impressive positive movements across crypto, shares of Coinbase increased by 9.07% to almost $59.
The stock futures tied to all three major indexes advanced after Goldman Sachs’ latest earnings report came in better than expected.
The Q2 report Goldman Sachs posted is arguably one of the best performances when compared with how its core competitors performed in the second quarter.
G20 nations have agreed on a common reporting standard that will ensure financial stability in their economies.
Analysts opine that expected earnings reports could impact investors’ reaction to the stock market after last week’s volatility.
The lawsuit filed by Twitter notably wanted an expedited hearing set at around 60 days from the filing date.
Stock markets in Europe began Friday on a positive note even as China continues to weather lingering headwinds from Covid controls.
Dimon disagreed with the Federal Reserve annual program.
Elliott Management is the biggest investor in Pinterest. The Vanguard Group has an 8.7% stake in the company.
The stock market turned up underwhelming numbers on Thursday as talks of a recessionary plunge continue to dominate the financial outlook.
According to JPMorgan, its Q2 2022 results fell below Wall Street’s expectations in EPS and revenue because of bad loan reserves.
To become Europe’s answer to Robinhood, Lightyear has raised $25 million from several investors, including billionaire Richard Branson.
The high inflation growth and the projected interest rate hike may result in an unwarranted situation of an economic recession.