computers

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

Another tough week for US equities ended with oil producer stocks falling and Ford Motor Co. falling on concerns about supply shortages. The S&P 500 SPX fell 1.7% on Friday for a 4.6% drop over the week as investors continued to worry about interest rate hikes from the Federal Reserve to temper inflation. Among the …

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market Read More »

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

Another tough week for US stocks ended with oil producer stocks falling and Ford Motor Co. falling on concerns about supply shortages. The S&P 500 SPX fell 1.7% on Friday for a 4.6% drop over the week as investors continued to worry about interest rate hikes from the Federal Reserve to temper inflation. Among the …

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market Read More »

"Moore's Law Is Dead," Says Nvidia CEO Jensen Huang To Justify Rising Game Card Prices

“Moore’s Law Is Dead,” Says Nvidia CEO Jensen Huang To Justify Rising Game Card Prices

On Wednesday, Nvidia Corp. chief executive Jensen Huang said he thought it would be “a pretty great fourth quarter for Ada,” the company’s next-generation chip architecture unveiled this week, even as critics balk at a price hike during a slowdown in consumer demand. . NVIDIA NVDA, +0.65% expects strong demand for gaming chips using its …

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There's only one 'perfect asset' to fight off all the bad news that might come, says this strategist

There’s only one ‘perfect asset’ to fight off all the bad news that might come, says this strategist

Ahead of that, stock futures fall after Ford warns of high supply costs, on the heels of FedEx’s FDX caution on earnings last week. The dollar and cash have been among the most popular havens for investors as they navigate recession risks with higher rates and higher inflation alongside a brutal war in Europe. But …

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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 »

Meet the 30-something about to sell his company to Adobe for $20 billion

Meet the 30-something about to sell his company to Adobe for $20 billion

Almost overnight, this 30-year-old has become the tech world’s newest titan – and is on his way to becoming one of the world’s youngest billionaires. Dylan Field, co-founder and CEO of San Francisco-based Figma, is set to enjoy an epic bargain after Adobe ADBE, -3.12% announced plans to acquire his company for $20 billion this …

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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 »

FTC issues warning to Uber, Lyft, DoorDash and other 'work on demand' companies

FTC issues warning to Uber, Lyft, DoorDash and other ‘work on demand’ companies

The Federal Trade Commission announced Thursday that it plans to crack down on the exploitation of gig workers, who the agency says are entitled to protection regardless of classification. The commission adopted a policy statement that details issues construction workers face — including misleading claims about their wages and hours, unfair contract terms and more …

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Ray Dalio says watch out for rates hitting this level as Wall Street stocks will take a 20% hit

Ray Dalio says watch out for rates hitting this level as Wall Street stocks will take a 20% hit

After that CPI shock earlier in the week, Wall Street is showing a fresh batch of data on Thursday, with the overall retail sales figure coming in stronger than expected. And a disastrous rail strike can be reversed. But there is little to cheer billionaire investor and hedge fund manager Ray Dalio who, in our …

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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 »