Market Snapshot S&p 500 Nasdaq Surge to about Five Month Highs As Meta Leads Rally in Tech Sector Stocks
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Meta stock plummets after Mark Zuckerberg touts money-losing projects
During Meta’s earnings call, Mark Zuckerberg focused on AI, the metaverse and hardware projects that aren't currently profitable, turning off investors.NBC News - Top stories - Meta -
Jim Cramer's top 10 things to watch in the stock market Thursday
Wall Street is looking lower, especially the Nasdaq on Meta Platforms' earnings-driven 15% slide and higher inflation data.CNBC - Business -
Jim Cramer's top 10 things to watch in the stock market Friday
Wall Street holds onto gains as rising bond yields take a breather Friday.CNBC - Business -
20 companies screened for quality in a cheap part of the stock market
Small-cap and midcap U.S. stocks are trading relatively low to historical price-to-earnings valuations, in contrast to the large-cap S&P 500.MarketWatch - Business -
Big Tech has split into 3 camps: loved, hated and iffy. Here's where our 8 stocks fit
The divided market, especially in tech, was a major theme in the Club's April Monthly Meeting.CNBC - Business -
Here’s a rapid-fire update on all 33 portfolio stocks including our tech giants reporting this week
During the Investing Club's Monthly Meeting on Wednesday, Jim Cramer offered his updated thinking on the stocks in the portfolio.CNBC - Business -
Rubrik leads trio of stock debuts in busy day for IPOs
Rubrik prices above range, while aviation parts maker Loar and financial services firm Marex also debutMarketWatch - Business -
Stock-market pessimism is climbing. Why it’s still not bad enough to imply stocks hit a bottom.
Stocks could have more room to fall before they touch bottom, says Tom Essaye, founder of Sevens Report Research.MarketWatch - Business -
MacKinnon, Nichushkin lead 5-goal outburst in 3rd period, Avs rally for 6-2 win over Jets in Game 3
Nathan MacKinnon and Valeri Nichushkin scored on the power play during a five-goal, third-period outburst and the Colorado Avalanche rallied for a 6-2 victory over the Winnipeg Jets in Game 3ABC News - Sports - NHL -
Prada reported an increase in revenue for the first three months of the year, despite what the luxury brand called a more challenging market environment.
Prada reported an increase in revenue for the first three months of the year, despite what the luxury brand called a more challenging market environment.The Wall Street Journal - World -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
Meta earnings weigh on Magnificent Seven stocks. Here’s why investors shouldn’t panic.
Analysts see opportunity coming out of Meta’s earnings and advise investors to wait for other reports before cutting tech positions.MarketWatch - Business -
As Meta’s stock slides, investors are flocking to its bonds and other Magnificent Seven debt
As Meta Platform Inc.’s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.MarketWatch - Business -
Mark Zuckerberg's net worth plummets by more than $18 billion in Meta stock drop
Meta shares plunged on Thursday, bringing down Mark Zuckerberg's net worth, after the CEO told Wall Street about the many ways his company is losing money.CNBC - Business -
Retail investors pulled back dramatically on stock purchases in April, adding to market’s woes
Retail investors went on a tax-season buyers strike that helped exacerbate the stock-market selloff in early April, according to data from Vanda Research.MarketWatch - Business -
How active ETFs could help investors navigate recent wild swings in the stock market
Signs of improving market breadth, beyond the tech giants, creates opportunities for the new wave of active exchange-traded funds.MarketWatch - Business -
‘This will be a little bit worse than a normal correction’: April’s stock-market selloff isn’t over yet
Technical analysts Ralph Acampora, Larry Williams and Vance Howard see market weakness ahead.MarketWatch - Business -
4 ways to defend your stock portfolio that have helped this fund manager beat the market
If recent stock-market weakness has you on edge, this might be your problem.MarketWatch - Business -
Canada's 'Extremely Mature' Grocery Market Leads Some Foreign Players to Pass on Entry
Canadian officials are likely to get cold shoulders without some package of financial incentives, analysts said.The Wall Street Journal - World -
Canada's 'Extremely Mature' Grocery Market Leads Some Foreign Players to Pass on Entry
Canadian officials are likely to get cold shoulders without some package of financial incentives, analysts said.The Wall Street Journal - Business -
How to start a high-paying side hustle: 'It has to be something that you're actually passionate about,' says expert
There are all sorts of ways to make money on the side. But if you really want to find success, choose something you're passionate about, says Kathy Kristof.CNBC - Business -
What Marketers Should Know About Ibotta, the Digital Promotions Company That Just Went Public
The Walmart-backed company provides consumers with cash back and other deals in exchange for their purchase data.The Wall Street Journal - World -
Google's parent said quarterly profit jumped and it announced its first cash dividend, sending its stock soaring after months of scrutiny over an expensive push in artificial intelligence.
Google’s parent said quarterly profit jumped and it announced its first cash dividend, sending its stock soaring after months of scrutiny over an expensive push in artificial intelligence.The Wall Street Journal - World -
Worried about the volatility in Magnificent Seven stocks? Take a look at the companies’ short-dated bonds.
As their stocks sell off, Magnificent Seven companies’ two-year bonds are looking attractive.MarketWatch - Business -
Knicks & Nuggets take 2-0 leads while 76ers & Lakers complain about officiating | Devine Intervention
Dan Devine and Seerat Sohi from The Ringer break down the first few games of the NBA Playoffs by using press conference clichés.Yahoo Sports - Sports - NBA -
Oh, Zendaya knows all about that 'Spider-Man' female lead-to-tennis player 'prophecy'
'Challengers' actor Zendaya, who played MJ in three recent 'Spider-Man' movies, reacts to a fan's viral comparison of past leads who've gone on to tennis films.Los Angeles Times - Entertainment -
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
My partner concealed he had more than one ex-wife. Should I be nervous about our future? | Leading questions
This omission demonstrates a troubling facility with concealment, writes advice columnist Eleanor Gordon-Smith. To move forward, you need to be satisfied there are no more big surprises. After several months of dating, my partner revealed he had ...The Guardian - World -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
I’ve $5.2 million in the stock market and I’m in my 40s. How much can I afford to spend so I can enjoy the rest of my life?
“I didn’t intend to retire under 50, but it sort of worked out.”MarketWatch - Business -
Russia renews attacks on the Ukrainian energy sector
Russia has launched a barrage of missiles against Ukraine directed at energy facilitiesABC News - Top stories - Ukraine -
Russia renews attacks on the Ukrainian energy sector
Russia has launched a barrage of missiles against Ukraine directed at energy facilitiesABC News - World - Ukraine -
BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.
BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.The Wall Street Journal - World -
Five Best: Books on Philanthropy
Selected by Karl Zinsmeister, the author of ‘The Brothers: A True-Life Saga of the Remarkable Family Who Made America Free.’The Wall Street Journal - World -
WPP Revenue Hit by Tech Pullback
WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays.The Wall Street Journal - World -
WPP Revenue Hit by Tech Pullback
WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays.The Wall Street Journal - Business -
Labour plans to retain key private sector role in Britain’s nationalised railways
The party has no proposals for state involvement in the companies that own the trainsFinancial Times - World -
Labour plans to retain key private sector role in Britain’s nationalised railways
Party has no proposals for state involvement in companies that own trainsFinancial Times - Business -
Russia attacks Ukrainian energy sector as Kyiv launches drones
Russia has launched a barrage of missiles against Ukraine directed at energy facilities.CBS News - Top stories - Ukraine -
The federal government is abusing its power to target private-sector education providers
Efforts by the federal government to target private-sector opponents have seemed to follow a clear patternThe Hill - Politics