Microsoft cuts earnings, sales forecast due to strong dollar
Microsoft Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest US company to warn of a hit from a stronger ...
Tag: stocks
Dow soars 500 points as stock market recovers from slump
Wall Street continued its recovery from a seven-week losing streak on Thursday as investors seized on apparent signs that the ...
Stocks of gun makers surge after Texas school shooting
Shares of prominent publicly traded gun and ammunition makers rose sharply in trading Wednesday after the deadly mass shooting at ...
Wendy’s surges as biggest shareholder Trian Partners explores deal
Wendy’s largest shareholder, activist hedge fund Trian partners, has signaled it is exploring a potential deal to buy the fast-food ...
Abercrombie & Fitch stock plunges over 30%
Shares of Abercrombie & Fitch plunged more than 30% after the teen apparel retailer, once known for its skimpily clad ...
Goldman Sachs says stocks will slide until Fed clarifies policy
A lengthy losing streak for US stocks is likely to continue until the Federal Reserve reveals the endpoint of its ...
Dow falls 400 points near the end of a bruising week
The Dow fell more than 400 points Friday as stocks headed for another week of declines following a massive pullback ...
Melvin Capital clients fume at founder Gabe Plotkin
Melvin Capital said it is finally shutting down after getting clobbered by Reddit investors last year — and now clients ...
Harley-Davidson suspends production for 2 weeks; shares fall
Harley-Davidson said Thursday it will suspend vehicle assembly and shipments for a two-week period, excluding those from its electric-vehicle division LiveWire, ...
Cathie Wood slams Tesla’s removal from S&P 500 ESG index
Ark Invest founder and noted Tesla bull Cathie Wood has joined company boss Elon Musk in slamming the S&P 500’s ...
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