Shares of ManpowerGroup Inc. charged higher Tuesday, after the staffing services company reported better-than-expected first-quarter earnings and provided an upbeat outlook, as the COVID-19 pandemic and war in Ukraine contributed to drive record demand for skilled labor. Manpower stock MAN, +7.00% ran up 6.5% in morning trading, which puts it on track for the biggest
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PayPal (PYPL) recently laid off its next-gen tech team, raising questions about its relevance The move highlights the confusing nature of PYPL stock, both fundamentally and technically Conservative investors should tread carefully with PYPL stock Source: Michael Vi / Shutterstock.com PayPal (NASDAQ:PYPL) disclosed last week that it laid off its research team focused on advanced
There are “real danger signs” for the Chinese economy, which could even stall out in the current quarter, a top China watcher said late Monday. China is facing difficulty, in part, because it can’t settle on a “coherent” COVID policy, and policymakers are wary of cutting interest rates, said Mary Lovely, who heads the China
No one likes getting gas, but recently, a trip to the gas station has been downright painful. With the average price of gasoline soaring above $4 per gallon, we’re shelling out $100-plus every time we visit the pump! The good news is that for patient investors, soaring gas prices could actually make you really rich.
One probable result of the Great Resignation is more stay-at-home moms and dads. And more folks without kids who stay at home too. Whether your stay-at-home status is temporary or permanent, you might not want to take a break from saving for retirement in a tax-favored way by making contributions to a traditional or Roth
Tesla (NASDAQ:TSLA) is making headlines on Thursday morning, but that’s mostly pertaining to its CEO Elon Musk. Musk has made a public offer to acquire Twitter (NYSE:TWTR) for $54.20 a share. That news has TSLA stock down nearly 4% on the day. That’s as investors weigh the potential implications of what that may mean for
U.S. stock-index futures fell Sunday, ahead of a big week of earnings reports. Dow Jones Industrial Average futures YM00, -0.40% futures fell about 150 points, or 0.5%, while S&P 500 futures ES00, -0.63% sank 0.7% and Nasdaq-100 futures NQ00, -1.04% tumbled 1.1%. Futures for U.S. crude CLK22, +1.39%, meanwhile, rose to $108.16. The U.S. stock
Bank of America (BAC) is hoping an earnings win can turn a rough year around. Charles Schwab (SCHW) has used its innovation to fare better than most so far in 2022. Johnson & Johnson (JNJ) has outperformed in 2022, and an earnings beat could push it higher. Netflix (NFLX) needs to show stronger growth to keep investors happy.
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Americans of all ages are failing at financial literacy Those with decades more experience are only slightly more literate than those in their 20s Read More Stocks tanked
Ever since the Treasury yield curve inverted a few weeks back, everyone’s talking about a recession. Historically speaking, a yield curve inversion is an accurate harbinger of a recession. And now it seems everyone is prepping for a huge downturn in the U.S. economy. Source: Shutterstock Deutsch Bank (DB) is calling for a recession by
Hello, I’m 53 years old, a registered nurse and planning to retire at 58. I am married, my wife is two years older than I am and she plans to retire at 62. We have a good marriage and friendship. We have three grown up kids. I only have $300,000 in my 401(k), and not
Cenntro Electric Group (CENN) holds much more promise than its predecessor, Naked Brand. The company’s big investment in Europe is pricey, yet it could put Cenntro in an advantageous position. Investors should acknowledge the risks involved, but consider a long stock position in Cenntro anyway. Source: Cenntro Automotive It might seem like a fever dream
More Americans are browsing again — in grocery-store aisles rather than online. With U.S. states abandoning mask mandates in public places, and more retailers dropping requirements for masks — and the latest omicron wave that led to a spike in COVID-19 cases over the winter now receding — more people are feeling comfortable shopping in
The market is awfully volatile lately. One day, stocks are up big. The next, they plummet. And ultimately, they appear to be going nowhere while inflation and gas prices are roaring higher. Not to mention a war rages on in Europe and China struggles with a new wave of Covid-19 lockdowns. Admittedly, it’s an ugly
On April 13, Tesla CEO Elon Musk offered to buy Twitter TWTR, -1.68% for $54.20 a share. Twitter’s stock closed at $45.08 (17% below Musk’s takeout offer price) on April 14, making it clear that many investors believe the deal won’t take place. Louis Navellier makes the case for Twitter’s board of directors to accept
Novavax (NVAX) lost the COVID vaccine race to Moderna and Pfizer. Profits are only now starting to roll in. NVAX stock looks fairly-valued. Source: rarrarorro / Shutterstock.com Novavax (NASDAQ:NVAX) is finally making money from Covid-19, but no one cares about NVAX stock anymore. A profit of about $200 million, $3.30 per share, is expected when
Dear MarketWatch, I am in my late 60s and need to find another place to retire. I am in the beginning stages of blindness and no longer drive, so am very dependent upon public transport and shopping, particularly grocery shopping, being within walking distance. I presently live in a suburb of a large city, but
Fast Retailing Co. 9983, +7.91% shares rose sharply Friday after the Uniqlo owner delivered strong first-quarter results and raised its fiscal-year net profit guidance. The shares were recently 6.5% higher at JPY63,450 after rising as much as 6.9% earlier, sharply outperforming the broader market. The Nikkei Stock Average was recently 0.1% lower. Fast Retailing’s first-half
Roughly 10 weeks ago, I boldly predicted that 2022 could be a “whole new ballgame” for SoFi Technologies (NASDAQ:SOFI) stock. I was pretty bullish on the company’s new charter to operate a bank subsidiary, SoFi Bank. As it turns out, this surely is a new ballgame for SoFi — just not as anyone predicted. SOFI
Although it is one of the also ran electric vehicle (EV) plays, Cenntro Electric (NASDAQ:CENN) has a lot going for it. At least, that is what it seems like on paper. Based on its touting of its $250 million cash position, 2021 delivery numbers, and $2.1 billion in sales by 2023, CENN stock may seem