News
Why Bath & Body Works Stock Was Surging Today
Shares of Bath & Body Works (NYSE: BBWI) were up 24% as of 1:18 p.m. EST on Thursday after the company announced better-than-expected earnings results.
Weak sales growth amid a weak economic
Why Upstart Stock Is Falling Fast Today
Shares of Upstart Holdings (NASDAQ: UPST) were sliding today on no company-specific news. Instead, investors were concerned about comments made by a Federal Reserve official about rising interest
5 Ways Robotics Are Making Life Safer
Technological innovations related to the field of robotics seem to have reached a fever pitch. Since the turn of the 21st century, the world has witnessed the introduction of robots in many forms.
Why Shares in Advance Auto Parts Slumped This Week
Auto parts retailer Advance Auto Parts (NYSE: AAP) shares declined nearly 18% in the week through Thursday afternoon. There are no prizes for guessing why: A disappointing set of third-quarter
Mortgage Rates And Housing Starts Tumble While Homebuilders Are Glum
On The Mortgage Front
Freddie Mac (OTCMKTS:FMCC) reported the 30-year fixed-rate mortgage averaged 6.61% as of Nov. 17, a drop from the 7.08% recorded last week. The 15-year fixed-rate mortgage
The Jobs That Make Americans Lie In Bed The Most
Morning routines are undoubtedly different from person to person, and there are hundreds of factors that influence the time we go to sleep, or we wake up, as well as the way we prepare for bed or
Walmart Just Showed Why It's the Ultimate Recession-Proof Stock
Walmart (NYSE: WMT) has long outperformed during recessions.
Founder Sam Walton built the company on the promise of everyday low prices, and consumers have flocked to its stores for its value prices
Why Palo Alto Networks, Palantir, and MongoDB Stocks All Traded Lower Thursday
Stocks in a wide range of sectors were trading lower on Thursday as investors focused on macroeconomic conditions and the Federal Reserve's ongoing battle against persistent high inflation, which
Why Weibo Stock Fell, Then Jumped, on Thursday
Weibo (NASDAQ: WB) shareholders had a volatile trading day on Thursday as the stock fell as much as 12% in early trading before jumping back into positive territory by 1 p.m. ET. The wider market
Why Affirm Holdings Stock Was Dropping on Thursday
Affirm Holdings (NASDAQ: AFRM) was falling again on Thursday, down about 5.5% at 11:30 a.m. ET. It had fallen as much as 8.3% in the morning trading session.
All the major indexes were down on
Why Shares of Freeport-McMoRan Took a Hit Today
Shares of miner Freeport-McMoRan (NYSE: FCX) declined by nearly 4% by midday today. The move comes on the back of a few negative pieces of news. First, in a bad day for commodities in general --
Why Macy's Stock Jumped on Thursday
Shares of Macy's (NYSE: M) were up 12% as of 12:16 p.m. ET on Thursday after the department store surprised investors with better-than-expected earnings in the third quarter. The stock is down 15.5%
Why Shares of Alibaba, RLX Technology, and LexinFintech Holdings Are Surging Today
Despite a down day for the broader market, several Chinese stocks ripped higher today after recent earnings results.
Shares of the large Chinese e-commerce company Alibaba (NYSE: BABA) traded more
How Did The Rocket Explosion In Poland Affect The Oil Market?
The markets were confused after, a.o., speculations about who is responsible for launching missiles that fell near the Polish-Ukrainian border. What about oil?
Macroeconomics
On the macroeconomic
Why Sea Limited Is Riding the Wave 19% Higher This Week
Shares of Sea Limited (NYSE: SE) are soaring 18.1% this week compared to where they closed last Friday, according to data compiled by S&P Global Market Intelligence, after the Singapore-based
Why Norwegian Cruise, Carnival, and Royal Caribbean Stocks Dropped Today
It's Thursday, and it looks like cruise ship stocks are cruising for another bruising. An ill-timed insider stock sale at Norwegian Cruise Line Holdings (NYSE: NCLH), combined with a negative
Why Crypto Stocks Are Falling on Thursday
The market continues to worry about the fallout of FTX's bankruptcy last week, which is hurting cryptocurrency-related stocks today. Some of the biggest moves aren't in cryptocurrencies themselves
Why Take-Two Stock Was Falling Earlier Thursday
Shares of Take-Two Interactive (NASDAQ: TTWO) were down 2% as of 11:17 a.m. ET on Thursday. While the negative sentiment in the broader market weighed on stocks today, Take-Two's Zynga mobile game
Why Netflix, Alphabet, and UPS Stocks Slipped on Thursday
Large-cap stocks are getting knocked around in early trading Thursday, with shares of companies as varied as internet search titan Alphabet (NASDAQ: GOOGL), shipping giant United Parcel Service
Why Bowlero Stock Was Sliding Today
Shares of bowling alley operator Bowlero (NYSE: BOWL) were pulling back today after the company reported mixed results in its fiscal first-quarter earnings report last night.
Though the stock was
Total Construction Starts Increase in October
Nonresidential building and infrastructure lead the gains; residential starts slip
HAMILTON, NJ — November 17, 2022 — Total construction starts rose 8% in October to a seasonally adjusted annual
Why Cisco Stock Popped Today
Shares of Cisco Systems (NASDAQ: CSCO) were rising this morning after the tech company reported better-than-expected first-quarter fiscal 2023 results yesterday.
Cisco beat Wall Street's top- and
Why Carvana's Stock Is Driving Lower
Shares of Carvana (NYSE: CVNA) continue to roll into the ditch Thursday morning, nearly two weeks after reporting pretty ugly financial results that showed revenues falling and profits plunging from
Why Chewy Is Falling Again Today
Shares of Chewy (NYSE: CHWY) continued to fall on Thursday morning, dropping 3.1% as of 10:36 a.m. ET, as the broader market itself adjusts to the likelihood of an official recession being declared
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
"I'm only happy when it rains," sang alternative rock band Garbage in the 1990s, and it's fair to say that Cathie Wood feels the same way. The co-founder, CEO, and chief stock picker of Ark Invest