Stocks Settle Sharply Higher as Microsoft Leads a Surge in Tech Stocks
The S&P 500 Index ($SPX) (SPY) on Thursday closed up +1.66%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.19%, and the Nasdaq…
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Labor Market
Meta Generated $31.9 Billion in Operating Cash Flow Last Quarter and Kept Only $784 Million of It. Here’s Where the Rest Went.
Key Points Meta’s second-quarter revenue rose 28% year over year to $60.8 billion. Capital expenditures consumed nearly all of the…
Stocks Settle Mostly Higher on Positive Earnings Results
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.21%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.03%, and the Nasdaq…
Why Nvidia Stock Fell Today
Key Points Shares of Nvidia (NASDAQ: NVDA) sank on Monday following reports that the chipmaker was in discussions to guarantee…
Chip Stock Sell-off Puts Downward Pressure on Broader Market
The S&P 500 Index ($SPX) (SPY) on Friday fell -0.08%, the Dow Jones Industrial Average ($DOWI) (DIA) rose +0.39%, and the Nasdaq 100 Index…
What Big Bank Earnings Just Revealed About the Health of the U.S. Consumer
Key Points Oil prices are high, inflation is running hot, and Wall Street is tentatively watching consumers. Bank earnings from…