Reuters Why the U.S. stock market is tumbling in 2022 The U.S. stock market is off to brutal start in 2022. The S&P 500, which is widely considered to be the main benchmark for U.S. stock market performance, declined 13.3% through April, the steepest four-month drop
In this article ABT Empty shelves show a shortage of baby formula at a Target store in San Antonio, Texas, May 10, 2022. Kaylee Greenlee Beal | Reuters The owner of a key baby formula manufacturing plant said Wednesday it is looking to restart its plant in as little
Russia's Prime Minister Vladimir Putin addresses a rally at the Manezhnaya Square just outside the Kremlin in Moscow, late on March 4, 2012. Dmitry Astakhov | AFP | Getty Images Russia has slammed Finland's plans to apply to join NATO imminently, claiming it would "be forced" to
"The 'if you haven't used Zoom already by now' mantra is more realistic and an overhang to the stock," analysts said.
In this article TPR Customers walk past a Coach store at Shanghai New World Daimaru department store on August 12, 2019 in Shanghai, China. VCG | Visual China Group | Getty Images Coach owner Tapestry on Thursday trimmed its profit outlook for the fiscal year 2022 with lockdowns in
In this article GM WFC RIVN BYND DIS F Take a look at some of the biggest movers in the premarket: Ford (F), General Motors (GM) - Ford fell 2.8% in premarket trading while GM slid 3.4% after Wells Fargo double-downgraded both stocks to "underweight" from "overweight." Wells Fargo said 2022 could represent
In this article GS TSLA Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the subject came up during a discussion with reporters at the Automotive News World Congress, the electric vehicle magnate described hydrogen fuel cells
In this article 9984.T-JP SoftBank Founder Masayoshi Son said there is "confusion in the world" and in the markets due to a number of factors including Russia's invasion of Ukraine, high inflation and central bank moves to raise interest rates. These factors have contributed to a record
Analysts said they were "wrong" to turn "incrementally more positive" on Beyond Meat at the start of the year.
Crypto firm Tether has been reducing the amount of commercial paper in its reserves. Jakub Porzycki | Nurphoto | Getty Images Tether, the world's largest stablecoin, broke below its $1 peg Thursday amid panic in the crypto market. The token sank to as low as 98 cents at
