Daily Trade

U.S. stocks retreat Friday following their biggest rally in a month, after Snap Inc. SNAP, -38.87% delivered disappointing earnings ahead of next week’s deluge of quarterly results from technology giants. Earnings have been a major focus among investors concerned about a slowing U.S. economy, with the Federal Reserve next week likely to fire off another
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All eyes were on Netflix, Inc. (NASDAQ:NFLX) earlier this week ahead of its earnings release on Tuesday after the market close. The analyst community was calling for earnings of $2.96 per share on revenue of $8.0 billion and for a 1.9 million drop in paid subscriber. This follows the 200,000 paying subscribers Netflix lost in
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Upstart (NASDAQ:UPST) is an innovative lending platform that partners with banks and credit unions to offer consumer loans. The San Mateo, California-based company uses artificial intelligence (AI) models instead of traditional methods because it bases its decision on non-traditional metrics like employment or education. This gives them a competitive edge over other companies using those
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House Speaker Nancy Pelosi on Thursday offered a strong denial when she was asked by a reporter if her husband has ever made a stock purchase or sale based on information received from her. “No, absolutely not,” the California Democrat said, after getting the question about Paul Pelosi’s trades during her weekly press conference. Paul
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U.S. stocks on Wednesday were attempting to build on a big and broad Tuesday bounce, but skeptics aren’t yet convinced the move is more than a bear-market rally. Tuesday’s rally was “undoubtedly impressive, especially following a sharp reversal lower the previous day,” said Kevin Dempter, a technical analyst at Renaissance Macro, in a Wednesday note.
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Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. And please share your suggestions for future Financial Face-off columns.  The face-off  It’s tough out there for homebuyers. The median U.S. home price
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Investors with a small amount of funds to allocate to equities often look for stocks that have a relatively lower price. As an example, a diversified sub-portfolio of stocks under $10 can be created with limited funds. It’s also obvious that most of these stocks under $10 would be high-risk growth stocks. However, careful selection
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SYDNEY — Financial stability risks in Australia are a “little elevated,” and could worsen if unemployment were to head higher, Reserve Bank of Australia Deputy Gov., Michele Bullock, said Tuesday. In assessing whether Australian households are prepared for further interest rate increases, Bullock warned in a speech that some lower-income households will feel a sting
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U.S. stock futures extended recent gains after expectations of an aggressive Federal Reserve interest rate hike eased, and traders prepared for more updates from the corporate earnings season. How are stock-index futures trading On Friday, the Dow Jones Industrial Average DJIArose 658 points, or 2.15%, to 31288, the S&P 500 SPX increased 73 points, or
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When is it good for you to return to the office?  Some people may be tempted to quote that famous New Yorker cartoon and reply, “How about never —  is never good for you?” But what is acceptable in a smarty-pants magazine cartoon strip is hardly acceptable in real life. Few managers will take kindly
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“‘Donald Trump  and his supporters had their day in court and failed to produce substantive evidence to make their case.’” This is an excerpt from a 72-page report titled “Lost, Not Stolen: The Conservative Case that Trump Lost and Biden Won the 2020 Presidential Election.” The report from some prominent conservatives analyzes the many debunked
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PayPal (NASDAQ:PYPL) stock has been massacred. Even before the bear market was being felt around the rest of the market, PYPL stock was limping into 2022. Despite a modest bounce off the fourth-quarter low, PayPal was still down 40% from its high coming into the near year. At its recent low, shares were down a
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