Many technology stocks have gotten crushed in the high-inflation, rising-interest-rate environment of 2022. Some may have further to fall. Investors with shorter-term horizons may wish to steer clear of more volatile, innovative companies, despite outperformance during the pandemic. Those include …
Tesla TSLA, -3.66% and SpaceX CEO Elon Musk has overtaken Amazon AMZN, -2.47% founder Jeff Bezos as the richest person in the world. According to the latest Forbes billionaires list, Musk is the new No. 1, with a net worth …
The level of profit that large corporations experienced in 2021 was unparalleled in American history, as consumers faced the worst price inflation the U.S. has seen in decades Even as top executives warn about the effects of inflation on their …
Investors are juggling a host of risks, including inflation, higher interest rates and commodity market disruptions. Another challenge is the threat of widespread cyber disruption. Just this week, Russian hackers launched a major cyberattack on Ukraine that crashed the nation’s …
Authorities investigating timely trading in Activision Blizzard Inc. securities are looking into at least one meeting between the videogame firm’s chief executive and one of three traders days before they placed a large bet on Activision shares, according to people familiar with the matter. Activision …
The COVID-19 pandemic instigated a boom in personal-computer sales, and supply-chain issues pushed prices up, but analysts see softening sales and a normalizing supply/demand environment in 2022, which slammed a few stocks Thursday. Advanced Micro Devices Inc. AMD shares dropped …
WASHINGTON — The Biden administration is divided over whether to impose sanctions on Kaspersky Lab, a Russian cybersecurity giant that officials warn could be used by the Kremlin as a surveillance tool against its customers, according to people familiar with …
UiPath Inc. shares dropped in the extended session Wednesday after the “software robot” provider’s weaker-than-expected outlook overshadowed a beat of Wall Street’s quarterly results estimates. UiPath PATH, -7.52% shares sank more than 20% after hours, following a 7.5% drop in …
“I just no longer felt comfortable with the programming at Fox,” longtime Fox News anchor Chris Wallace said in his first interview since leaving the network last year after nearly two decades. In an interview with the New York Times …
Stock futures are higher while oil on the backfoot as markets keep one eye on hawkish Fed talk and another on the brutal battle for Ukraine. Some of that positivity may come from the fact investors look ready to choose …
The top gambling regulator in Nevada on Thursday delayed MGM Resorts International MGM, -0.55% stakeholder Barry Diller’s licensing after federal authorities launched insider-trading investigations into his share purchases of Activision Blizzard Inc. ATVI, -0.29%. Nevada Gaming Commission Chairwoman Jennifer Togliatti in a public meeting …
It was two years ago Friday that the World Health Organization officially declared the then-rapidly spreading coronavirus outbreak a pandemic. Many of us waved goodbye to co-workers as we headed home for what was supposed to be a two- or …
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