Snap shares plunged 30% in extended trading on Monday after CEO Evan Spiegel warned in a note to employees that the company will miss its own targets for revenue and adjusted earnings in the current quarter. The social media company will also slow hiring through the end of the year […]
Business & Finance
Tetra Images – Erik Isakson | Brand X Pictures | Getty Images Investment funds that promote values like the environment and social good have become more popular. But trying to pick a so-called ESG fund — especially one that aligns well with your interests — may seem about as easy […]
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Today’s newsletter is by Ethan Wolff-Mann, a senior writer. Follow him on Twitter @ewolffmann. The chorus of those wanting a weaker labor market is […]
/cloudfront-us-east-2.images.arcpublishing.com/reuters/YZII6QW27VLWVH3YCZTRJRYNU4.jpg)
May 19 (Reuters) – BlackRock Inc (BLK.N), JPMorgan Chase & Co (JPM.N) and other top financial firms have told a Texas official they are not boycotting energy companies, responding to a request for information that could determine if they are able to continue to manage state funds. The money managers […]
/cloudfront-us-east-2.images.arcpublishing.com/reuters/SBR5WIGRUVJBRNZBI6EL6DOKVA.jpg)
HONG KONG/LONDON/NEW YORK, May 9 (Reuters) – Bitcoin plunged to its lowest level since July 2021 on Monday, dropping in tandem with slumping U.S. equity markets amid concerns about the Federal Reserve’s aggressive tightening path. The world’s largest cryptocurrency by market capitalization, bitcoin dropped to as low as $30,331.28, falling […]
“Segments of the health-industry should also perform better than most,” says Andrew Graham, founder and managing partner of Jackson Square Capital, pointing to Eli Lilly, in particular. Tetra Images | Tetra Images | Getty Images Today’s investment landscape appears bleak, seemingly plagued by a host of factors, including mounting inflation, […]