Why Roblox Stock Tumbled, Then Mostly Recovered, on Wednesday
Investors were rattled by an important metric from last quarter, but began embracing the bigger picture again by the middle of the day.
Investors were rattled by an important metric from last quarter, but began embracing the bigger picture again by the middle of the day.
MetLife reported a rise in first-quarter profit on Wednesday, helped by higher premiums and strong returns from investments. Adjusted premiums, fees and other revenues - excluding pension risk transfers at the insurance firm - rose 4% for the first quarter from last year to $11.97 billion. A higher-for-longer interest rate environment maintained by the U.S. Federal Reserve has also helped insurers rake in more from fixed-income investments.
Dan Schneider has sued the producers of Quiet on Set for defamation, saying the docuseries falsely implies that he sexually abused children
LONDON, May 01, 2024--Regulatory News: Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) today released the following regular monthly Net Asset Value (NAV) and Performance Report for the month of April 2024. The information has also been posted to the PSH website, www.pershingsquareholdings.com. Monthly net asset value and performance are calculated at the close of business on the last business day of the month.
The tape that almost derailed his bid for the presidency is key to understanding his criminal hush money trial.
NASHVILLE, Tenn., May 01, 2024--Fisk University, one of the nation's oldest historically Black universities (HBCUs), is proud to announce award-winning ABC News correspondent Deborah Roberts, co-anchor of the prestigious news magazine, "20/20" and veteran weatherman and Today Show co-anchor Al Roker, as co-speakers for the university's historic 150th commencement ceremony on Monday, May 6th, 2024.
The yen jumped against the dollar late on Wednesday, with traders on high alert for signs of intervention by Japanese monetary authorities to boost a currency languishing near 34-year lows. The dollar fell sharply to 153 yen from about 157.55 yen after the U.S. stock market close. Japan's Ministry of Finance was not available to comment.
The revival series was renewed for season 3 ahead of the season 2 finale last year
With the Federal Reserve keeping interest rates high, US equities (^GSPC, ^DJI, ^IXIC) have begun to once again price in the higher-for-longer interest rates as inflation continues to make its way through the economy. With so much uncertainty as to when this rate environment may shift, investors may need to re-adjust their portfolios accordingly. Edward Jones Senior Investment Strategist Mona Mahajan joins Market Domination Overtime to give insight into how investors should focus their portfolios as the Fed continues to hold rates high and as the market continues to price that in. "We should use periods of volatility as an opportunity to diversify... If last year, 2023, was this year of the Magnificent Seven on one hand and cash and CDs on the otherhand, we think 2024 will eventually be the year of diversification and balanced portfolios. So in equities, we'd say make sure you have exposure, not only to that AI trade because that is a long-term secular theme, but kind of fully valued here. But also to other parts of the market..." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
BOSTON, May 01, 2024--Myomo, Inc. (NYSE American: MYO) ("Myomo" or the "Company"), a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, today announced that it will report financial results for the first quarter ended March 31, 2024 on May 8, 2024.
Police officers arrived at Columbia University and The City University of New York’s City College campus on Wednesday.
Manchester's troubled new Co-op Live arena has postponed its opening concert at the last minute.
A line of dialogue delivered by Hannah Waddingham in the action-comedy has some fans outraged
SAN MATEO, Calif., May 01, 2024--SnapLogic, the leader in generative integration, today announced that it has been positioned by Aragon Research, Inc. as a Leader in the third annual Globe™ for Transformation Platform as a Service.
The stock market round-tripped big initial gains as AI plays such as Nvidia retreated. Carvana soared late on earnings.
The government argues the act, passed last week, does not breach the law or the civil service code.
Spirit AeroSystems said it has developed a plan that gives it “a high degree of confidence” to meet U.S. planemaker Boeing's rate and quality demands for parts for the 737 MAX jet, the company told Reuters on Wednesday. Boeing is under pressure to restore slumping production of its strong-selling narrowbody jet to 38 per month in the second half of the year as it grapples with a sprawling safety crisis following a January mid-air panel blowout on a new 737 MAX plane. Boeing is pressing Spirit Aero, its key supplier, to improve the quality of the fuselages it produces for the MAX at a higher rate for the second half of 2024.
O’Sullivan is embroiled in a tight quarter-final with 2015 world champion Bingham at the Crucible Theatre
The wave of incoming rookies such as Caitlin Clark, Angel Reese and Kamilla Cardoso and the return of popular players A’ja Wilson and Kelsey Plum of the defending champion Las Vegas Aces have led to unprecedented demand for WNBA games on one of the world's largest ticket resale platforms. StubHub announced its sales for WNBA games as of Wednesday were up 93% compared with last season.
U.S. Treasury yields pulled back on Wednesday after the Federal Reserve kept interest rates steady, as expected, but signaled that it still plans to cut interest rates at some point. The Fed did acknowledge its disappointment over the "lack of further progress" in pushing inflation down to its 2% target. The Federal Open Market Committee "does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably towards 2%," the Fed said in a unanimously approved statement that still suggested that the next move on rates will be lower.
Lipa is set to perform double duty as host and musical guest on 'Saturday Night Live' this weekend