• Quotes
  • Shortcuts
The Executive's Internet
Wed, Feb 8th
icon
GoogleAmazonWikipedia


spacerspacer

 

 BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'stock'. (Return)

Yahoo BusinessFeb 08, 2023
Stock market news live updates: Stocks fall as investors assess earnings, path for rates


RELATED ARTICLES
Metals Stocks: Gold prices up a third straight session as markets digest Powell's latest remarks (MarketWatch)

MarketWatch MarketPulseFeb 08, 2023
Dow falls around 200 points as U.S. stocks close lower after Fed speakers
U.S. stocks ended lower Wednesday, with losses led by the technology-laden Nasdaq Composite, after investors digested remarks from several Federal Reserve officials. The Dow Jones Industrial Average finished around 200 points lower, or 0.6%, while the S&P 500 shed 1.1% and the Nasdaq sank 1.7%, according to preliminary data from FactSet. Fed Gov. Christopher Waller said in a speech Wednesday at an agribusiness conference at Arkansas State University that he's "prepared for a longer fight to get inflation down" and interest rates need to remain high for "some time." New York Fed president John Williams said Wednesday in an interview with The Wall Street Journal that the Fed has more work to do to lower inflation to 2%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
Market Snapshot: Dow down over 200 points in final hour of trade after Fed officials say more interest rate hikes could be needed to cool inflation (MarketWatch)

MarketWatchFeb 08, 2023
Earnings Results: Under Armour stock reverses lower as high promotions and discounts to continue as inventories keep rising
Under Armour stock pulled a sharp intraday U-turn into negative territory, after downbeat comments about gross margins, inventories and discounting.

The Motley FoolFeb 08, 2023
These 2 Nasdaq Growth Stocks Are Back in High Gear
Investors got newfound optimism about these companies, whose shares had seen some recent declines.

MarketWatch MarketPulseFeb 08, 2023
: Microsoft heads for $2 trillion market cap after ChatGPT bounce
Microsoft Corp. MSFTwas headed for a $2 trillion market capitalization Wednesday, which would make it only the second U.S. equity at that level, along with Apple Inc. AAPLMicrosoft last ended a trading session worth more than $2 trillion on Aug. 25, 2022, according to Dow Jones Market Data, but a rapid downfall for tech stocks in the second half of last year brought it out of that stratosphere. Microsoft has gained in six of the past nine trading sessions to near the mark again, as excitement builds around the company's use of OpenAI's technology in its products, especially the Bing search engine, as it could beef up Microsoft's rival to Alphabet Inc.'sGOOGLGOOGdominant search engine, Google. After displaying updates to Bing on Tuesday, Google held its own AI event Wednesday, but Google shares declined strongly after the event as Microsoft's increased. Microsoft and Apple are the only two publicly-traded U.S. equities to close a session with a $2 trillion valuation — Alphabet has hit the level in intraday trading, but never made it to the end of a session. Microsoft needs to close with a share price of $268.68 or above to hit the $2 trillion mark; after hitting a high of $276.76, shares were trading for $268.58 as of 2 p.m. Eastern time.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Yahoo BusinessFeb 08, 2023
Google Stock Tumbles Nearly 8% After Bard Ad Shows Inaccurate Answer, AI Race Heats Up


The Motley FoolFeb 08, 2023
Why Uber Stock Was Climbing Today
Shares of the ride-hailing specialist jumped after it beat estimates on the top and bottom lines.

The Motley FoolFeb 08, 2023
2 Top Tech Stocks to Buy Right Now
Tech stocks are hot again, and these two companies should continue to pay off long-term.

The Motley FoolFeb 08, 2023
Here's Why New Relic Stock Jumped Higher Today
The company is adding a lot of new customers during a challenging time.

RELATED ARTICLES
Why Cantaloupe Stock Exploded 11% Higher Today (The Motley Fool)

MarketWatch MarketPulseFeb 08, 2023
Bernie Sanders calls for Starbucks CEO Howard Schultz to testify before his Senate committee
Sen. Bernie Sanders, chairman of the Senate Committee on Health, Education, Labor and Pensions, said in a news release Wednesday that he and all Democratic members of his committee have invited Starbucks Corp. CEO Howard Schultz to testify before their panel about the company's labor practices. Sanders, a Vermont independent who typically votes with Democrats, also said he has sent three letters to Schultz in the last year calling on him to end what the lawmaker described as "the egregious union-busting campaign the company has deployed against its own workers."

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
: Bayer's stock rallies after naming Roche exec as new CEO (MarketWatch MarketPulse)

CNBC FinanceFeb 08, 2023
Stocks making the biggest moves midday: CVS, Fortinet, Lumen Technologies, Alphabet & more
Lumen Technologies tumbled on light guidance. Alphabet was under pressure after an event on artificial intelligence.

The Motley FoolFeb 08, 2023
Top AI Stock: Microsoft vs. Alphabet -- the Battle for the Best Search Engine Begins
Microsoft's Bing and Alphabet's Google search engines are getting major AI upgrades.

MarketWatch MarketPulseFeb 08, 2023
: Google shares dip 7% on AI Bard announcement
Shares of Alphabet Inc.'s Google GOOGLGOOG dropped more than 7% Wednesday following news about its new AI chatbot, Bard — a day after Microsoft Corp. MSFT held its own event to demonstrate new AI technologies in its competing search engine, Bing. Some analysts suggested the decline in Google's stock indicated investors had hoped for more substantive news.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatchFeb 08, 2023
Earnings Results: Michael Kors parent Capri's stock slides 27% after profit misses by a wide margin amid wholesale struggles
Growth in its own retail channel was healthy, but orders from department stores for Michael Kors products in particular were weak.

Google Business NewsFeb 08, 2023
Alphabet shares dive after Google AI chatbot Bard flubs answer in ad - Reuters
Alphabet shares dive after Google AI chatbot Bard flubs answer in ad  ReutersGoogle Stock Tumbles 8% After Its Bard AI Ad Shows Inaccurate Answers | Investor's Business Daily  Investor's Business DailyChatGPT vs. Bard: Big Tech's Future of AI Is Ruthless  BloombergGoogle shows off more of what its ChatGPT competitor Bard can do  CNBCGoogle's Bard unveil contains a mistake, furthering negative investor sentiment  9to5Google

Yahoo BusinessFeb 08, 2023
Michael Kors parent Capri stock slides 19% premarket after earnings miss and soft guidance


MarketWatch MarketPulseFeb 08, 2023
: Uber stock rises after earnings as company gives upbeat outlook
An earlier version of this report misstated Uber's adjusted Ebitda guidance. It has been corrected.Shares of Uber Technologies Inc. UBER were heading 7% higher in premarket trading Wednesday after the ride-hailing company delivered an upbeat outlook for the current quarter. The company generated fourth-quarter net income of $595 million, or 29 cents a share, whereas it posted net income of $892 million, or 44 cents a share, in the year-earlier quarter. The FactSet consensus was for a 15-cent loss per share on a GAAP basis. Uber's net income figure included a $756 million net pre-tax benefit largely due to unrealized gains from the revaluation of equity investments. Uber also reported adjusted earnings before interest, taxes, depreciation, and amortization (Ebitda) of $665 million, whereas analysts were expecting $624 million. Revenue increased to $8.6 billion from $5.8 billion, while analysts had been modeling $8.5 billion. Gross bookings rose $19% to $30.7 billion, matching the FactSet consensus. "We ended 2022 with our strongest quarter ever, with robust demand and record margins," Chief Executive Dara Khosrowshahi said in a release. For the first quarter, Uber executives anticipate gross bookings of $31.0 billion to $32.0 billion, along with $660 million to $700 million in adjusted Ebitda. Analysts were looking for $31.3 billion in gross bookings and $612 million of adjusted Ebitda.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Yahoo BusinessFeb 08, 2023
President Biden calls out stock buybacks in State of the Union address


MarketWatch MarketPulseFeb 07, 2023
: U.S. oil prices settle at their highest in a week
U.S. oil futures finished at their highest in a week on bets for strength in energy demand from China and oil-supply concerns in the Middle East following a massive earthquake on Monday. U.S. benchmark West Texas Intermediate crude for March delivery CLH23 rose $3.03, or 4.1%, to settle at $77.14 a barrel on the New York Mercantile Exchange. Front-month contract prices settled at their highest since Jan. 31, FactSet data show.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


TRENDING TAGS
BidenUnion State Address speech Live
StockBuy earnings market Today Powell
StateUnion Biden Address speech
UnionState Biden Address speech Economic
FedPowell inflation Report interest rate
earningsstock Q4 Call Transcript Results
SuperBowl Ad Best Ads Will
StocksBuy Powell These investors making
BowlSuper Ad Ads Will Prisco
MicrosoftSearch Bing AI Google Activision

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • c/o CommunityScape | 200 Anderson Avenue
    Rochester, NY 14607
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2023 CEOExpress Company LLC