Jay Powell made it clear Fed is not going to rescue markets
Federal Reserve Chair Jerome Powell delivered a clear message to markets this week: I'm not coming to the rescue.
Federal Reserve Chair Jerome Powell delivered a clear message to markets this week: I'm not coming to the rescue.
David Einhorn's Greenlight Capital says a bear market in stocks has already started, and that they're making a handful of defensive trades.
Asian shares were mostly higher in thin Good Friday trading after a bumpy ride on Wall Street, where the Dow industrials lost 1.3% as UnitedHealth shed more than a fifth of its value due to a weaker-than-expected profit report. U.S. stock and bond markets will be closed on Friday. Taiwan's Taiex gained 0.3% and regional tech companies advanced after global heavyweight Taiwan Semiconductor Manufacturing Co. reported a profit for the latest quarter that matched analysts’ expectations.
Netflix shares jumped in extended trading Thursday after the streaming giant posted first-quarter earnings that topped Wall Street expectations, boosted by higher subscription prices and ad revenues. Monitor these key support and resistance levels on the weekly chart.
The senator said an independent Fed is crucial for the US and global economic stability.
The State of Freight webinar focused on a market that is coming to terms with a raging trade war The post Five takeaways from the State of Freight: a market at the precipice appeared first on FreightWaves.
UnitedHealth Group stock had one of its worst days ever on Thursday after the healthcare giant unexpectedly cut its profit forecast for the year.
The S&P 500 ticked 0.1% higher on Thursday, April 17, wrapping up a shortened week that focused on earnings and the Federal Reserve chair's comments on likely tariff impacts.
Netflix reported first-quarter earnings that topped analysts’ expectations, sending shares higher in extended trading Thursday.
Streaming video giant Netflix (NASDAQ: NFLX) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 12.5% year on year to $10.54 billion. The company expects next quarter’s revenue to be around $11.04 billion, slightly above analysts’ estimates. Its GAAP profit of $6.61 per share was 16.8% above analysts’ consensus estimates.