The stock of Ibotta, a digital marketing platform backed by Walmart Inc., soared 27% in its trading debut on Thursday, after the deal priced at $88, a full $4 above its proposed price range. The company allows consumer packaged goods companies to offer promotions to customers through a network of p
U.S. stocks closed lower on Monday, with the Dow cementing a sixth straight session in a row of declines, as investors worried about possible next steps in the Mideast conflict. The Dow Jones Industrial Average shed 248.13 points, or 0.7%, ending at 37,735.11. The S&P 500 index dropped 61.59 po
A stock-market streak that had become emblematic of the S&P 500's blistering five-month rally is about to break. The S&P 500 is on track to close below its 50-day moving average on Monday for the first time in 110 trading days, according to Dow Jones Market Data. This would snap the index's longest
Trading in options tied to the Cboe Volatility Index, better known as the Vix or Wall Street's
U.S. large-cap stocks just posted their largest weekly outflow since December 2022, strategists at BofA Global Research said Friday. Outflows from U.S. large-cap funds were $15.8 billion in the week ending Wednesday, the highest in 16 months, while stocks in general saw $19.6 billion of outflows fo
U.S. stocks ended sharply lower Friday, with the Dow Jones Industrial Average booking a large weekly loss on investor anxiety over inflation and geopolitical tensions in the Middle East. The Dow dropped 475.84 points, or 1.2%, to close at 37,983.24. The S&P 500 fell 75.65 points, or 1.5%, to fi
Big tech sold off in late hours after Meta Platforms Inc.’s disappointing outlook raised concern on whether the artificial-intelligence euphoria that has powered the bull market has run too far.
Worries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
Larry Swedroe, who's considered one of the market's most esteemed researchers, thinks Warren Buffett's investment style doesn't work well anymore.
This week's video covers need-to-know news items related to Tesla (NASDAQ:
Tesla stock is down more than 35% in 2024 and the company just announced layoffs. Here's what you need to know.
Investors may have celebrated the end of high inflation too soon. The CPI report shows inflation bouncing higher and thus pushing back the start date for Fed rate cuts. This