Dow closes down 1000 points, Nasdaq falls 3.9% after Powell warns of pain to households in inflation battle
U.S. stocks tumbled Friday, with the Dow Jones Industrial Average closing down more than 1000 points for its worst daily percentage drop since May, after...
Carvana rivals’ stocks plunge after earnings
[ad_1] While Carvana Inc. shares soared despite weaker-than-expected financial results last week, two of the online car-seller’s smaller rivals were not as fortunate Monday. CarGurus...
Nvidia stock tumbles after company says revenue fell way shy of expectations
[ad_1] Shares of Nvidia Corp. were tumbling more than 5% in morning trading Monday after the semiconductor company disclosed that it expects to fall well...
AMC announces special dividend in the form of ‘Ape’ preferred shares; stock falls
[ad_1] AMC Entertainment Holdings Inc.’s stock fell more than 10% in extended trading on Thursday after the company announced a special dividend in the form of...
Consumer Shares Fall as Consumer Staples Stocks Decline — Consumer Roundup
[ad_1] Shares of retailers and other consumer companies slipped as losses in consumer staples stocks outweighed gains for consumer discretionary shares. Earnings continued to roll...
Opinion: The Fed’s inflation promises are simply not credible
With inflation running high for the last 14 months, we can sadly conclude it’s entrenched, will be difficult to conquer and is hardly the province of...
Toronto Stocks Inch Higher; Colliers Rises on 2Q Beat, Improved Outlook
[ad_1] By Adriano Marchese Stocks in Canada were mildly higher Wednesday mid-trading. In the session, the Canadian energy and materials sectors posted the largest declines...
MicroStrategy shares slump as bitcoin margin call looms
MicroStrategy has vowed never to sell any of the approximately 130,000 bitcoin it has in its possession. The question after the weekend’s slide in cryptocurrency...
Opinion: Inflation is making everything we buy more expensive, and once stagflation hits things could get even worse
Last month I examined the culprits that are causing global inflation, including rising interest rates, persistent supply chain issues (China locking down cities), and climbing energy...
$30 million in missing gold bars, a couple on the lam from the FBI and a corgi nicknamed ‘Nugget’: the inside story of a precious metal Ponzi scheme
A precious metals dealer who recently went on the lam after being convicted in a $30 million Ponzi scheme involving gold and silver bars, has...