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May 24, 2022

stocks

Oh Snap! Social media stocks lose billions after Snapchat parent warning

Reuters
A woman stands in front of the logo of Snap Inc on the floor of the New York Stock Exchange (NYSE) in New York City, NY, U.S. March 2, 2017. REUTERS/Lucas Jackson Register now for FREE unlimited access to Reuters.com Register May 24 (Reuters) – Snap Inc (SNAP.N) shares plunged......

Snap falls 39% on pace for worst day ever, dragging other stocks with it

CNBC
CNBC – For more and to sign up click here Evan Spiegel, co-founder and chief executive officer of Snap Inc., speaks during the virtual Google Pixel Fall Launch event in New York, on Tuesday, Oct. 19, 2021. Michael Nagle | Bloomberg | Getty Images Snap shares plunged 39% on Tuesday,......

Op-ed: The housing shortage will actually benefit homebuilder stocks. Here are some companies to watch

CNBC Real Estate
Ariel Skelley | Digitalvision | Getty Images The double whammy of a declining stock market and rising interest rates has been pummeling homebuilder stocks this year, resulting in rock-bottom valuations. Those valuations make housing stocks look like the worst home in a bad neighborhood. But in reality, the industry is......

UK stocks hit by global gloom, windfall tax threat for utilities

Reuters
The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville Register now for FREE unlimited access to Reuters.com Register Power generators hit by report of windfall tax Royal Mail slides as Peel Hunt downgrades to sell FTSE 100 down 0.6%, FTSE......

Asia stocks restrained as U.S. futures retreat

Reuters
Men wearing protective face masks walk under an electronic board showing Japan’s Nikkei share average inside a conference hall, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan January 25, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register Asian stock markets : Nikkei dips as U.S.......

Stocks making the biggest moves midday: JPMorgan Chase, Gap, VMWare & more

CNBC
CNBC – For more and to sign up click here People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City. Mike Segar | Reuters Check out the companies making headlines in midday trading. JPMorgan Chase – JPMorgan rose 6.2% after the bank......

Stocks making the biggest moves in the premarket: Electronic Arts, VMWare, GameStop and more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Electronic Arts (EA) – The video game maker’s shares rose 2.5% in the premarket after Puck News reported that the company was actively seeking a buyer or merger......

Asia stocks weighed by inflation concerns, China tech selling

Reuters
A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, March 7, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register HONG KONG,......

Top Wall Street analysts see these stocks as long-term winners

CNBC
CNBC – For more and to sign up click here A Peloton exercise bike is seen after the ringing of the opening bell for the company’s IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019. Shannon Stapleton | Reuters Inflation pressures, supply chain......

Cramer’s week ahead: Stocks can’t stage ‘meaningful’ comeback until major obstacles are resolved

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer warned investors on Friday that a market rally has no chance of sustaining until the causes of the turmoil are resolved. “If we want the market to stage a meaningful comeback, we need China to reopen, Russia......

Tech stocks are mired in their longest weekly losing streak since dot-com bust

CNBC
CNBC – For more and to sign up click here Traders on the NYSE, May 20, 2022. Source: NYSE Tech companies haven’t seen a selloff like since 2001 and the bursting of the dot-com bubble. The Nasdaq declined 3.8% this week, falling for a seventh straight week. It’s the longest......

Stocks are getting slammed — bear market or not — but the very best companies are on sale

CNBC
CNBC – For more and to sign up click here It is our intention to ride out this storm and high-grade our portfolio whenever an opportunity arises. Source – Click here for more To Return to the Main Aggregate News Page – click here...

Stocks head for another potentially treacherous week, after S&P 500 falls into bear market territory

CNBC
CNBC – For more and to sign up click here Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022. Andrew Kelly | Reuters If there’s more bad news from retailers in the coming week, that could be a......

Stocks making the biggest moves after the bell: Palo Alto Networks, Ross Stores, Deckers & more

CNBC
CNBC – For more and to sign up click here Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Thursday: Applied Materials — Applied Materials shares......

Stocks tumble on recession fears, with the S&P 500 nearing a bear market

CBS News
CBS News – For more and to sign up click here Stocks tumbled on Thursday, deepening the losses suffered during Wednesday’s 1,100-point rout in the Dow Jones Industrial Average index. Investors are fleeing stocks amid continuing fears that high inflation is chilling consumer spending and crimping corporate profits.  The Dow Jones......

Inflation-fighting Fed isn’t focused on impact of rates on stocks, Esther George Says

CNBC
CNBC – For more and to sign up click here Kansas City Federal Reserve President Esther George said Thursday that higher interest rates are needed now to bring down inflation and policymakers are not focused on the impact that is having on the stock market. In a CNBC interview, the......

Jim Cramer says investors should eye these two lithium stocks

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Wednesday offered investors two lithium stocks he believes should be on their shopping lists. “Lithium is everywhere, people – it just takes at least eighteen months to get production going, and that’s about how long it’s......

Stocks making the biggest moves after hours: Cisco, Bath & Body Works, Synopsys

CNBC
CNBC – For more and to sign up click here A man passes under a Cisco logo at the Mobile World Congress in Barcelona, Spain February 25, 2019. Sergio Perez | Reuters Check out the companies making headlines after the bell:  Cisco Systems — Shares of the networking company sank......

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