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Global coffee chain operator Starbucks (NASDAQ:SBUX) is under pressure after staging a powerful rebound this summer from the pandemic-induced weakness.Its stock, after surging to a record high in...
Fed Chair Jerome Powell testified before Congress on Tuesday and among other things said inflation is a bigger problem than the central bank had admitted until now. He added that it's now appropriate...
Investors in ride-hailing heavyweight Uber Technologies (NYSE:UBER) have not had a good 2021. UBER stock, which trades around $38, is down 25% year-to-date. Shares saw a 52-week low on Nov. 20. The...
Investors were optimistic when November trading opened. October had just produced the best monthly returns in a year.Interest rates were still low, even if the Federal Reserve was starting to warn...
2021 has been a blockbuster year for initial public offerings, with some comparing the latest frenzy to the IPO boom of 1999.While high profile names like Robinhood Markets (NASDAQ:HOOD), and Coinbase...
The past month was a roller-coaster ride for many US stocks and, naturally, the exchange traded funds (ETFs) that track them. The month started with record highs. However, with the new COVID-19...
When large companies reveal plans to break up into multiple businesses, Wall Street generally considers it a positive move. These splits typically help executives concentrate on the core business...
Though US futures contracts were all down ahead of Tuesday's Wall Street session, equity futures for the NASDAQ 100 'outperformed.' This morning's global market equity selloff is being fueled once...