More Rate Hikes? Not So Fast, This Economist Says
Recent market moves and tightening credit conditions argue against more interest-rate increases by the Federal Reserve. Plus, investment newsletter...
Source: marketwatch.com
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Blackstone Stock Drops as Palo Alto Networks Is Added to S&P 500
Blackstone should make it into the S&P 500 later this year. Uber, Airbnb, Snowflake, and KKR also could be added to the index in 2023.
Source: barrons.com
Blackstone Stock Drops as Palo Alto Networks Is Added to S&P 500
Blackstone should make it into the S&P 500 later this year. Uber, Airbnb, Snowflake, and KKR also could be added to the index in 2023.
Source: barrons.com
Marvell, Nvidia, Workday, Gap, and More Stock Market Movers
Marvell stock surges after the chip company issues a solid growth outlook on the back of expected gains in AI revenue, Nvidia dips after surging 24% on Thursday, Workday's earnings beat estimates, and Gap posts a surprise adjusted quarterly profit.
Source: barrons.com
Unity Software to Cut 8% of Its Staff. What Wall Street Thinks.
The company said the purpose of the reduction is to "position itself for long-term and profitable growth."
Source: barrons.com