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Yahoo BusinessFeb 08, 2023
Stock market news live updates: Stocks fall after Powell remarks, as earnings rush in


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Michael Kors parent Capri stock slides 19% premarket after earnings miss and soft guidance (Yahoo Business)
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MarketWatchFeb 08, 2023
Metals Stocks: Gold prices struggle for direction as markets digest Powell's latest remarks
Gold prices struggle for direction on Wednesday, after back-to-back session gains, as investors continue to weigh remarks a day earlier from Federal Chairman Jerome Powell and the reaction in the U.S. dollar and Treasury yields.

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.

MarketWatchFeb 08, 2023
Market Snapshot: Dow falls 200 points as investors digest earnings, Fed comments
U.S. stocks fall Wednesday, as investors waited for Disney earnings after the close and listened to several Fed speakers throughout the trading day.

Google Business NewsFeb 08, 2023
Uber Reports Record Revenue as It Defies the Economic Downturn - The New York Times
Uber Reports Record Revenue as It Defies the Economic Downturn  The New York TimesUber beats estimates and the stock is up  CNBCUber CEO: We are not seeing any signs of consumer weakness at this point  CNBC TelevisionUber stock pops on impressive revenue growth, consumer resilience  Yahoo FinanceUber extends post-lockdown streak with strong rideshare and food delivery demand  Financial TimesView Full Coverage on Google News

Yahoo BusinessFeb 08, 2023
Google Stock Tumbles 8% After Its Bard AI Ad Shows Inaccurate Answer


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Google shares dive 8% after AI chatbot Bard flubs answer in ad - Reuters (Google Business News)

CNBC BusinessFeb 08, 2023
Stocks making the biggest moves premarket: Uber, Chipotle, Microsoft, Lumen and more
These are some of the stocks posting the largest moves before the stock market's opening bell.

The Motley FoolFeb 08, 2023
Better AI Stock: C3.ai vs. Palantir Technologies
Which AI software stock is a more resilient long-term investment?

MarketWatchFeb 08, 2023
: ‘No one is immune': activist investors target tech companies after stocks dive
Companies that are stumbling through layoffs, stock-price drops and slowing growth in a bruising economy are being targeted.

The Motley FoolFeb 08, 2023
Why Cantaloupe Stock Exploded 11% Higher Today
In 2023, Cantaloupe could turn profitable again.

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Why Capri Holdings Stock Dropped Like a Rock Today (The Motley Fool)
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FT.com - Financial MarketsFeb 08, 2023
European stocks rally as investors take heart from Jay Powell comments
Traders grow more optimistic that US interest rates will not rise more than expected

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
Vertex Stock Topples As Investors Seek Clearer Vision Of Future Despite Huge Profit Beat


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Under Armour stock jumps toward 9-month high after big profit beat, strong shoe sales (Yahoo Business)
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Yahoo BusinessFeb 08, 2023
President Biden calls out stock buybacks in State of the Union address


Yahoo BusinessFeb 08, 2023
2 "Strong Buy" Penny Stocks That Could Rally All the Way to $11 (or More)


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4 Top Stocks to Buy in February (The Motley Fool)

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.

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1 Indicator Showing Why These Beaten-Down Dividend Stocks Are Great Buys (The Motley Fool)
These Are The 5 Best Stocks To Buy And Watch Now (Yahoo Business)
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