America October 28, 2022
Amazon Shares Plunge 8% After Sluggish Sales Forecast
Amazon shares slumped more than 8% on Friday, a day after the firm projected sales in the holiday quarter would…
And More October 27, 2022
Elon Musk Laid Off Twitter’s CEO And Many Employees On His First Day in The Company
On Elon Musk’s first day as owner of Twitter, the social giant began laying off employees, including data engineers, self-identified…
America October 27, 2022
The Fed Is Unlikely To Pivot From Its Path Of Interest Rates Until The End of 2022, Says JPMorgan Strategist Julia Wang
The Fed won’t draw back from its path of interest rate hikes until the end of next year as inflation…
And More October 27, 2022
The Fed Is Expected To Hike Rates Further, According to a Bloomberg’s Survey of Economists
The Fed is expected to hike rates further and drag the global economy into a recession, according to Bloomberg’s survey…
And More October 26, 2022
ProShares’ Bitcoin Futures Fund Has Caused a Record $1.2 Billion Loss To Investors In its 1st Year
The first publicly-traded bitcoin futures fund has burned a record billion-dollar hole in investors’ pockets during its initial year of…
And More October 26, 2022
US Recession Is Very Likely, and The Fed Could Hike Rates Above 4.5%, Says Goldman Sachs’ CEO
The US economy will likely endure an extended slump, and the Federal Reserve may hike interest rates above 4.5%, Goldman…
And More October 26, 2022
Spotify To Raise The Price of Subscriptions for US Users, CEO Daniel Ek says
Spotify CEO Daniel Ek said on Tuesday he would like to hike the price of subscriptions for users in the…
And More October 26, 2022
Alphabet Sheds 8%, Marking an Ominous Start to Big Tech Earnings Week
Shares of Alphabet dipped 8% Wednesday morning, a day after the search engine behemoth released third-quarter earnings that missed on…
And More October 24, 2022
Apple Raises Its Monthly And Annual Subscription Prices In the U.S.
Apple on Monday hiked monthly and annual subscription prices in the U.S. for its streaming services Apple TV+ and Apple…
And More October 24, 2022
Li Auto Auto and Other Chinese Stocks Plunge Dramatically Amid Sharp Sell-Off
U.S.-traded shares of Chinese electric vehicle makers were hit by a sharp sell-off Monday, as investors soured on non-state-run Chinese…
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