Roblox (NYSE: RBLX) shareholders lost ground to a falling market on Thursday. The decline added to significant short-term losses for Roblox stock, which is down over 60% so far in 2022. It was sparked by increasing Wall Street concern about its growth outlook in a slowing global economy.
The Nasdaq composite rallied sharply in the stock market today, helped by strong earnings reports from Microsoft and Google-parent Alphabet.
Social media platform Reddit soared more than 120% from its IPO price. Following the IPO, is Reddit stock a buy in today's market?
AI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?
US Equities (^GSPC, ^DJI, ^IXIC) are moving higher despite the hotter-than-expected Personal Consumption Expenditures (PCE) reading. Big Tech earnings, however, may serve as a catalyst for the market's continued optimism. BMO Wealth Management US Chief Investment Officer Yung-Yu Ma joins The Morning Brief to give insight into how the market is moving during this earnings season and what investors should expect from recent economic data. Ma is not certain that strong earnings alone can steer the macroeconomic environment: "We definitely think earnings are important here and the growth trajectory is important. But it's also worth noting that since the market is more relying on growth now for both stabilization and the upside gains, I think we have a more inherent push and pull to the market because that growth is somewhat uncertain. We do think it's going to materialize and actually accelerate in the second half, but once you pull away the backing of the Fed and having the Fed more on pause now, inflation being a little bit stickier and the slow path down, we do think that does mean a little more of a choppy market." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.
Q1 2024 Edwards Lifesciences Corp Earnings Call
Scottish First Minister cancels independence speech as he fights for political survival
BOSTON, April 26, 2024--Good Measures' Stefany Shaheen joined colleagues from Kroger, Instacart, Season Health, and Walmart on a panel at the Food is Medicine Summit.
Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
The United States is no longer viewed as the most influential global power in Africa, having been surpassed by China in a new survey from Gallup. The survey found that median approval ratings of the U.S. slipped from 59 percent in 2022 to 56 percent in 2023, while China rose from 52 percent to 58…
Global Voice Over Internet Protocol (VoIP) Services Market Global Voice Over Internet Protocol (VoIP) Services Market Dublin, April 26, 2024 (GLOBE NEWSWIRE) -- The "Voice Over Internet Protocol (VoIP) Services Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.The global voice over internet protocol (VoIP) services market has grown rapidly in recent years. It will grow from $134.86 billion in 2023 to $151.21 billion in 2024 at a compound annual growth rate (CA
News anchor Poppy Harlow is leaving CNN. Harlow, who has been with the network since 2008, said in a note to colleagues on Friday she plans to spend more time with family and will continue “to support the evolution of journalism in every way I can, while preserving the human(ity) in it.” “I’m excited for…
AbbVie is "firing on all cylinders," an analyst said Friday after the firm beat first-quarter estimates. But AbbVie stock fell.
Global Direct-To-Consumer (DTC) Genetic Testing Market Global Direct-To-Consumer (DTC) Genetic Testing Market Dublin, April 26, 2024 (GLOBE NEWSWIRE) -- The "Direct-To-Consumer (DTC) Genetic Testing Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2019-2029F" report has been added to ResearchAndMarkets.com's offering. The Direct-To-Consumer (DTC) Genetic Testing Market is experiencing a surge in growth, mainly due to the increasing consumer interest in personalized health.
BASEL, Switzerland & BEIJING & CAMBRIDGE, Mass., April 26, 2024--BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global oncology company, released its 2023 Responsible Business & Sustainability Report highlighting the Company’s strategy, the progress it has made towards existing goals, and how it intends to achieve its bold new targets.
The US Secretary of State was speaking to the BBC at the end of a three-day trip to China.
Hulkenberg has started over 200 Formula 1 races and has never had a podium finish.
MICROGUIDES: A converted brewery is at the heart of this rapidly evolving district filled with inspired places to shop, stay, eat and drink, says Lauren Jade Hill
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