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Adobe's stock has come under fire for spending $20 billion on Figma.  But he now owns a rare business.

Adobe’s stock has come under fire for spending $20 billion on Figma. But he now owns a rare business.

Adobe beat revenue and profit expectations and announced the same day that it would acquire a smaller but faster-growing rival in online design collaboration tools. The stock market rewarded the company by driving down its ADBE shares, -3.12% to the lowest level in almost three years. Investors punished the company not for its earnings report, …

Adobe’s stock has come under fire for spending $20 billion on Figma. But he now owns a rare business. Read More »

The S&P 500 fell 5% in a very bad week for stocks.  Those 20 lost up to 24%.

The S&P 500 fell 5% in a very bad week for stocks. Those 20 lost up to 24%.

US stocks spat on Friday to end the week in the red. The day’s declines of less than 1% for the broad indices paled in comparison to Tuesday’s, when they fell 4% to 5%. For the week, the Dow Jones Industrial Average DJIA was down 1,329 points (or 4.1%), closing Friday at 30,822. The benchmark …

The S&P 500 fell 5% in a very bad week for stocks. Those 20 lost up to 24%. Read More »

King Charles won't comment on Archie, Lilibet titles as Queen mourns

King Charles won’t comment on Archie, Lilibet titles as Queen mourns

King Charles III will not reveal the new titles of Prince Harry and Meghan Markle’s two children, Archie and Lilibet, amid Queen Elizabeth II’s mourning period. Page Six has learned that the UK’s new monarch will not comment on the new titles for anyone until the official royal mourning period ends on September 26. Archie, …

King Charles won’t comment on Archie, Lilibet titles as Queen mourns Read More »

Robert Saleh's 'taking receipts' comment 'motivated the shit' from the Jets

Robert Saleh’s ‘taking receipts’ comment ‘motivated the shit’ from the Jets

First-year Giants head coach Brian Daboll won over his locker room and the team’s frustrated fanbase on Sunday when he boldly went for a two-point conversion in the final seconds, grabbing the jugular of the Giants. Titans and the victory of his new team. Even though that conversion failed, Daboll – perhaps unwittingly – produced …

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Meta Is One Of The Worst Performers In The S&P 500 Today, But These 5 Other Stocks Lost $387 Billion In Value

These five S&P 500 stocks lost nearly half a trillion dollars in value in one day amid widespread annihilation

A drop in gasoline prices couldn’t mask the problem that spooked investors on September 13: core consumer prices resumed their rapid rise in August. Fear of the Federal Reserve’s continued monetary policy tightening to fight inflation sent the Dow Jones Industrial Average DJIA down 1,276 points (or 3.9%) to 31,104, with all 30 components posting …

These five S&P 500 stocks lost nearly half a trillion dollars in value in one day amid widespread annihilation Read More »

Meta Is One Of The Worst Performers In The S&P 500 Today, But These 5 Other Stocks Lost $387 Billion In Value

Meta Is One Of The Worst Performers In The S&P 500 Today, But These 5 Other Stocks Lost $387 Billion In Value

A drop in gasoline prices couldn’t mask the problem that spooked investors on September 13: core consumer prices resumed their rapid rise in August. Fear of the Federal Reserve’s continued monetary policy tightening to fight inflation sent the Dow Jones Industrial Average DJIA, -3.94% down 887 points (or 2.7%) to 31,494, with all 30 components …

Meta Is One Of The Worst Performers In The S&P 500 Today, But These 5 Other Stocks Lost $387 Billion In Value Read More »