Meta Platform, Inc.’s (NYSE: META) Instagram has found much success with Reels — its own version of the hugely popular short video format of rival TikTok.
Dr. Anthony Fauci, who has been the face of the U.S. government's drive against the COVID-19 pandemic, announced Monday he would quit his three federal government positions by December.
The second-quarter reporting season is winding down at the end of this week. Earnings growth of S&P 500 companies slowed to a mid-single-digit range, but this shouldn’t come as a surprise, given the multiple headwinds companies faced during the quarter.
Gold is often thought of as a safe haven asset and a hedge against inflation, and investors and speculators pile into the yellow metal at times of economic uncertainty. The precious metal, however, has not capitalized on its strength amid the current downturn.
As earnings wind down and investors look ahead to a catalyst-starved near term, with volatility likely to be the order of the day in the market. Market momentum has stalled following the run-up seen since mid-June. Here's a recap of a few major headlines that hit the wire over the weekend, which could provide trading cues:
Home-health company Signify Health Inc. (NYSE: SGFY) is being pursued by e-commerce giant Amazon.com, Inc. (NASDAQ: AMZN), UnitedHealth Group Incorporated (NYSE:&
Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk is professionally a strict, exacting, and disciplined person - one who expects his employees to be enterprising, according to views shared by a former employee on a Podcast.
Apple, Inc.’s (NASDAQ: AAPL) iPhone 14 launch, rumored to take place on Sept. 7, would be the earliest iPhone launch since 2016, Bloomberg columnist Mark Gurman said in his weekly “Power On” newsletter.
Gurrnan has three takeaways from this:
Notwithstanding the recent surge in box-office revenue in 2022, there is more money to be made selling content for home/mobile, Loup Funds co-founder Gene Munster said in a note. Tech companies such as Apple, Inc. (NASDAQ: AAPL) and Amazon, Inc.