The 'Magnificent 7' stocks are having their worst quarter in more than 2 years
The Magnificent Seven stocks are having their worst quarter in more than two years — and are dragging down the S&P 500 with them.
The Magnificent Seven stocks are having their worst quarter in more than two years — and are dragging down the S&P 500 with them.
Wall Street is debating whether the sell-off marked a bottom for stocks as the Fed holds its policy meeting.
Wall Street is sounding the alarm over Tesla's stock slump. The sentiment among employees? Shrug.
(Bloomberg) -- Tesla Inc. has gone from Wall Street’s hottest trade to most hated in a matter of months. Compounding the stock’s woes this week, a rival out of China has one-upped the company on what’s supposed to be Elon Musk’s forte: EV innovation. Most Read from BloombergHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for
U.S.-listed shares of XPeng tumbled Tuesday after the Chinese electric vehicle maker's fourth-quarter results fell short of what analysts had expected.
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have all retreated this year — in stark contrast to gains in European and Asian markets.
In this edition: What the “DHL Trade Atlas 2025” report forecasts, and the unofficial start to produce season has arrived. The post Check Call: DHL looks at the global freight market appeared first on FreightWaves.
Shares of Corning, a beneficiary of the artificial intelligence (AI) boom, rose about 1% Tuesday after the specialty glass maker raised its longer-term and first-quarter outlooks.
(Reuters) -Victor Fettes, 54, is going ahead with his long-planned retirement next Friday. But the recent decline in the stock market and uncertainty over how U.S. President Donald Trump’s policies will hit the economy have him rethinking how he’ll spend it.
Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 11.9% in the afternoon session after markets seemed to have caught "tariff/trade war fever" once again (Nasdaq down 1.9%, S&P 500 down 1.2%) amid broader geopolitical anxiety. The volatility was perhaps also related to uncertainty surrounding the Fed's rate decision to be announced later in the week. The consensus estimate was for the Fed to keep interest rates at the range of 4.25%-4.5%.