Why did the stock market fall today? He finally heard Jerome Powell’s message loud and clear.

Text size Stocks fell as Jerome Powell gave a short and clear message that rates will stay high for some time. Michael Nagle/Bloomberg Jackson Hole has come and gone, and the only surprise may be that the stock market was surprised. But he was surprised. The stock market started last week on its back foot, … Read more

Why is the stock market down today? Dow Slides, AMC Dives.

Text size Shares fell on Friday and extended their decline on Monday. Angela Weiss/AFP via Getty Images Stocks fall again as markets anticipate Friday’s Federal Reserve conference in Jackson Hole, Wyoming, where Jerome Powell could take a more aggressive stance on fighting inflation. In the midday trade, the Dow Jones Industrial Average fell by 459 … Read more

Why Are Walmart Stocks Rising? The retailer exceeds its estimates and increases its forecast.

Text size Walmart posted second-quarter adjusted earnings of $1.77 per share. Justin Sullivan/Getty Images walmart it is sales rose and earnings beat estimates in the second quarter, pushing shares of the retail giant higher. Tuesday, walmart (ticker: WMT) posted adjusted earnings of $1.77 per share, beating analyst estimates of $1.63, according to FactSet. Sales of … Read more

Dow opens higher as Walmart and Home Depot beat forecasts

Text size US housing starts in July fell more than expected and to the lowest level since the start of 2021. (Spencer Platt/Getty Images) Shares were mixed at the open on Tuesday after earnings from walmart and Home deposit beat Wall Street forecasts, but a decline in housing starts provided further evidence of a slowing … Read more

HBO’s ‘Industry’ Season 2 Has a Message for Bosses: Beware Junior Bankers

Many frightening forces converge in the financial drama “Industry”: screaming bosses, bad market bets, and relentless pressure. But perhaps scariest of all, at least for their superiors, are the militants in their twenties ready to overthrow their elders. Generational tensions run high between the old guard and the hungry young in the HBO show’s second … Read more

HBO’s ‘Industry’ Season 2 Has a Message for Bosses: Beware Junior Bankers

Many frightening forces converge in the financial drama “Industry”: screaming bosses, bad market bets, and relentless pressure. But perhaps scariest of all, at least for their superiors, are the militants in their twenties ready to overthrow their elders. Generational tensions run high between the old guard and the hungry young in the HBO show’s second … Read more

Boeing reported another big loss. 737 MAX Concerns hit the stock.

Text size Boeing delivered 121 commercial aircraft in the second quarter of 2022, compared to 95 aircraft delivered in the first quarter. Justin Tallis/AFP via Getty Images from Boeing quarterly earnings were messy, again. And on the company’s earnings conference call, more bad news related to the 737 MAX led the stock to pare all … Read more

A 3-day tech revenue deluge begins. Here are the main issues to follow.

Text size Microsoft and a host of other tech giants are expected to report results this week. Jeenah Moon/Getty Images Over the next three days, investors will be bombarded with June quarter earnings reports from the industry’s biggest players. Tuesday, Microsoft (symbol: MSFT) and Alphabet (GOOGL) will communicate the results. Wednesday, Metaplatforms (META) will be … Read more

A 3-day tech revenue deluge begins. Here are the main issues to follow.

Text size Microsoft and a host of other tech giants are expected to report results this week. Jeenah Moon/Getty Images Over the next three days, investors will be bombarded with June quarter earnings reports from the industry’s biggest players. Tuesday, Microsoft (symbol: MSFT) and Alphabet (GOOGL) will communicate the results. Wednesday, Metaplatforms (META) will be … Read more