U.S. stocks rallied into the close Friday as the market is set to wrap up a roller-coaster week. The Dow Jones Industrial Average rose about 330 points, or 1%. The blue-chip average was down more than 350 points at its lows. The S&P 500 ticked up 1.6%. The Nasdaq Composite […]
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Home remodeling could finally cool, bringing these stocks back to earth
Next to Netflix, home renovation may have been the biggest stay-at-home play of the pandemic. From new home offices to expanded decks to basement gyms, homeowners have been upgrading and expanding their spaces at record rates for the past two years. That trend appears to be slowing down. After big […]
Tech’s Friday rally can’t stop the skid: Nasdaq heads for first five-week losing streak since 2012
Maja Hitij | Getty Images News | Getty Images Microsoft cruised past earnings estimates and issued a better-than-expected forecast. So did Intel. Apple and Tesla topped expectations across the board, while subscription software vendors ServiceNow, Qualtrics and Atlassian all posted decisive beats. All that happened this week. But it wasn’t […]
The value of Warren Buffett’s Apple investment just went up by $8 billion in less than a day
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP The value of Berkshire Hathaway‘s holdings in Apple jumped more than $8 billion on Friday as Apple stock rose more than 5% on a strong earnings report. Apple reported December quarter earnings on Thursday, posting nearly $124 billion in […]
Robinhood shares rally 5% Friday after falling 14% in earlier trading
Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Robinhood clawed back its major losses and gained on Friday as investors looked past disappointing guidance from the company and rallied around progress on new product […]
Stocks making the biggest moves midday: Apple, Robinhood, Visa, Chevron and more
Logo on an Apple store is seen in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters Check out the companies making headlines in midday trading. Apple — Shares of the tech giant jumped more than 5% following a strong quarterly report that showed its largest single quarter in terms of […]
S&P 500 rises Friday led by Apple, but still heads for fourth-straight down week
The market is set to wrap up a roller-coaster week with the S&P 500 headed for its worst month since March 2020. The Dow Jones Industrial Average rose about 220 points, or 0.7%. The S&P 500 ticked up 1.3%. The Nasdaq Composite rose 2.1%, buoyed by Apple’s post-earnings gain. Shares […]
Robinhood shares rally 8% on Friday after falling as much as 14% earlier
Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Robinhood clawed back its major losses and gained on Friday as investors looked past disappointing guidance from the company and rallied around progress on new product […]
A ‘Gen U’ of young Starbucks baristas is powering a growing push to unionize
From coast to coast, young Starbucks baristas are pushing to unionize their cafes, flexing their collective power against the coffee giant in a fight that could change the broader restaurant industry and its workforce. After notching a first win late last year, two Starbucks company-owned stores have formally organized after […]
Dow falls about 200 points as worst market sell-off since March 2020 continues
The market is set to wrap up a roller-coaster week with the S&P 500 headed for its worst month since March 2020. The Dow Jones Industrial Average fell about 230 points, or 0.7%. The S&P 500 fell 0.4%. The Nasdaq Composite dipped 0.4%. The S&P 500 is wading into correction […]