Monday, June 6, 2022

Stocks are itching for a turnaround. This won't help

Late last week, Microsoft — the second largest public company in the United States — leveled with its investors. Earnings for the current quarter, it warned, would not be as strong as it had hoped.
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Stocks are itching for a turnaround. This won't help
Late last week, Microsoft — the second largest public company in the United States — leveled with its investors. Earnings for the current quarter, it warned, would not be as strong as it had hoped. Read more »
 
It's been a rough year for social media stocks. Blame TikTok
This year has so far been miserable for investors in social media companies. Read more »
 
Dear Gen Z: Here's how to survive your first bear market
The pandemic brought a wave of new investors into the stock market. And now those newbies are facing their first major market downturn. Read more »
 
Elon Musk threatens to walk away from Twitter deal
Elon Musk issued his most direct threat yet to walk away from his purchase of Twitter on Monday, openly accusing the social media company of breaching the merger agreement by not providing the data he has requested on spam and fake accounts. Read more »
 
Elon Musk pulls back on Tesla's job cuts plan — sort of
Tesla may not be cutting staff after all. Read more »
 
Gas prices surge 25 cents in a week, hitting a new record
The gas price spike keeps getting worse. Read more »
 
 
 
 
Dow Nasdaq S&P
+16.08   +48.64   +12.89
32,915.78   12,061.37   4,121.43
+0.05%   +0.40%   +0.31%
YTD -9.42%   YTD -22.91%   YTD -13.53%
 
Biggest Winners
Stanley Black & Decker Inc +5.79%
 
Generac Holdings Inc +5.75%
 
Marathon Petroleum Corp +3.57%
 
Freeport-McMoRan Inc +3.51%
Biggest Losers
Equity Residential -2.92%
 
UDR Inc -2.91%
 
Charles Schwab Corp -2.87%
 
Mid-America Apartment Communities Inc -2.72%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $119.42 +0.55 / +0.46%
Gold $1,844.70 -5.50 / -0.30%
10-yr 3.04% +0.08
Euro $1.07 -0.00 / -0.26%
More Markets Now
 
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