Intel’s record drop leads a cascade in chip names with the S&P 500 and Nasdaq seeing their worst session since June, while defensive buying gave the Consumer Staples ETF its best month on record.
Big tech earnings produced some of the worst action of the year. The question now is whether the selling sets up a year-end rally.
Benefits outstripped wages for a fourth straight quarter as inflation-adjusted compensation fell 0.4% from a year earlier vs. the +0.58% pre-pandemic average.
Europe’s natural gas squeeze is back. Here’s why, the cost, and who benefits.
Get on the helmet and flak jacket: Intel and Amazon are down big overnight after earnings. Binance gets hit by massive hack. And oil? Not pretty.
Amazon gave investors a promising story for its cloud business, but the market is worried about short-term costs.
Just two days ago, everyone loved tech and semis. So much has changed except for the rotation trade. That’s still alive and well.
Over 400 of the S&P 500’s components were higher even as the index ended lower and the Russell 2000 gained for a fourth day while Amazon and Intel dropped after hours
Investors that have grown use to beat-and-raise quarters are selling first and asking questions later.
Investor response is very different to earnings announcements from Samsung Electronics and SK Hynix. Here’s why, and what investors should really be watching.
