Meta stock soars 20% after Zuckerberg hints at more layoffs
Meta CEO Mark Zuckerberg says the social media giant will make 2023 the ‘year of efficiency’ as Wall Street takes a liking to news the company will begin a $40 billion share buyback. It reacted, suggesting more layoffs could come. Meta’s share surged nearly 20% in pre-market trading on Thursday as Facebook’s parent company’s fourth-quarter […]
Stock market live news updates: Tech stocks soar after Fed's latest rate hike – Yahoo Finance
Tech stocks rose Wednesday after Federal Reserve announcement recent interest rate hike After Fed Chairman Jerome Powell suggested the economy was showing signs of ‘disinflation’. When the closing bell rang on Wall Street, the tech-focused Nasdaq Composite (^IXIC) rose 2%, with market charges rising following Chairman Powell’s comments. S&P 500 (^GSPC) rose 1% and the […]
What's Going On With Tesla Stock Today – Benzinga
Tesla Inc. TSLA The stock fell 3.19% to trade at $172.22 on Monday afternoon. Stocks are pulling back during Monday’s session, following last week’s rally after Wednesday’s company. Reported better-than-expected results Fourth Quarter EPS and Sales Performance, and Fourth Quarter Total Production and Total Shipment Year-over-Year Growth. Shares of EV-related and clean-energy vehicle stocks also […]
Stock market news live updates: Stock futures fall ahead of blockbuster week – Yahoo Finance
U.S. stock futures fell ahead of Monday’s open as investors await a big week with the latest Federal Reserve Board meeting, big earnings reports and employment data. Futures linked to the S&P 500 (^GSPC) fell 1%, while futures on the Dow Jones Industrial Average (^ DJI) lost 0.7%. Technology-focused Nasdaq Composite deal (^IXIC) about 1.3% […]
White House blasts Big Oil stock buybacks again as Chevron profits double – Yahoo Finance
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) – The White House on Friday launched a new attack on U.S. oil companies to use profits to boost supply after Chevron said it had doubled its annual profit for 2022. He accused them of paying shareholders instead. Chevron posted a record $36.5 billion profit in 2022. […]
Why Tesla Stock Is Popping Off Today – Benzinga
Tesla Inc. TSLA The stock traded 10.59% higher at $177.24 on Friday, continuing the company’s upward momentum. Reports Fourth Quarter EPS and Revenue Better than ExpectedTesla reports total production in the fourth quarter was 439,701 units, up about 44% year-over-year. In the fourth quarter he shipped 405,278 units, up 31% year-on-year. A number of analyst […]
Tesla stock: Here's Goldman's 'most important takeaway' from Musk's earnings call – Yahoo Finance
Goldman Sachs sees a heck of an electrified movement tesla stock (TSLA) for the next 12 months. Analyst Mark Delaney, who maintains a $200 price target and buy rating for Tesla shares, reiterated his claims in a memo following Tesla’s earnings on Wednesday. The stock price target assumes an increase of approximately 25% from the […]
'Don’t just sit there, do something.' The stock market is telling you to make some hard decisions with your money now. – MarketWatch
I never said what the legendary investor Sir John Templeton considered to be the four most dangerous words in investing. Not this time. “ After months of speaking and reading the words of investment professionals trying to find the right way to explain and predict the US economy and stock market in 2023, I’m not […]
The 2023 stock market rally is facing its first technical challenge: Morning Brief – Yahoo Finance
This article first appeared in Morning Brief. Get Morning His Briefs sent straight to your inbox every Monday-Friday by 6:30am ET. apply Thursday, January 26, 2023 Today’s newsletter Jared Brickle, Yahoo Finance market-focused reporter. follow him on twitter @SPY JaredRead this and other market news on the go Yahoo Finance App. stock is Wednesday’s impressive […]
Chevron to Buy Back $75 Billion in Stock After Record Profit – Yahoo Finance
(Bloomberg): Chevron to buy back $75 billion in shares, pay dividends after a year of record profits when soaring energy prices weighed on consumers and sparked angry outcry from politicians around the world We are planning to increase the amount of money. Bloomberg’s most read articles The share buyback program will begin on April 1 […]