Thursday, February 2, 2023

Meta wowed Wall Street, but investors remain skeptical about tech

Thursday afternoon will round out what has so far been a sobering earnings season for the Big Tech giants.
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Meta wowed Wall Street, but investors remain skeptical about tech
Thursday afternoon will round out what has so far been a sobering earnings season for the Big Tech giants. Read more »
 
Shell posts profit of nearly $40 billion and announces $4 billion in buybacks
Shell reported a blockbuster profit of almost $40 billion in 2022 on Thursday, double what it took in the previous year. Read more »
 
Subway hopes new meat slicers will boost sales after record 2022
Subway says it had a record-setting year fpr sales in 2022, bolstered by a major menu revamp and store renovations. The company believes its plan to slice meat in front of customers could make 2023 another record year. Read more »
 
Gautam Adani fails to calm investors as market wipeout hits $100 billion
Shares in Gautam Adani's businesses plunged further on Thursday after an attempt by the Indian billionaire to reassure panicking investors failed to halt a stock market meltdown that has wiped $100 billion off the value of his conglomerate. Read more »
 
Adani scraps $2.5 billion share issue as value of his empire collapses
Indian billionaire Gautam Adani on Wednesday abandoned an attempt to raise $2.5 billion from investors after allegations of fraud by an American short seller triggered a week-long meltdown in the value of his business empire. Read more »
 
Job openings jumped unexpectedly to 11 million in December
Despite the looming threat of recession and the cacophony of mass layoff announcements, US businesses still need workers — 11.01 million of them. Read more »
 
 
 
 
Dow Nasdaq S&P
-39.02   +384.50   +60.55
34,053.94   12,200.82   4,179.76
-0.11%   +3.25%   +1.47%
YTD +2.74%   YTD +16.57%   YTD +8.86%
 
Biggest Winners
WW Grainger Inc +12.96%
 
Epam Systems Inc +7.53%
 
Synchrony Financial +7.02%
 
Invesco Ltd +6.82%
Biggest Losers
Air Products and Chemicals Inc -7.11%
 
Schlumberger NV -6.12%
 
Aflac Inc -5.98%
 
Halliburton Co -5.58%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $75.91 -0.50 / -0.65%
Gold $1,927.00 -15.80 / -0.81%
10-yr 3.40% -0.00
Euro $1.09 -0.01 / -0.95%
More Markets Now
 
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