Elon Musk’s bank loans show the divide in American finance
As a business make a difference, it is easy to see why banking companies agreed to supply Elon Musk with $25.5bn in financial loans for his Twitter takeover bid. With…
Stocks sink as Amazon, Apple shares decline after quarterly reports
U.S. stocks dropped Friday and looked to end a volatile month lower, as a fresh set of mixed quarterly results from some major technology companies weighed on index futures. The…
Twitter misses Q1 revenue estimates, posts better than expected user growth
Twitter (TWTR) claimed earnings Thursday that missed profits anticipations, but posted much better than predicted person growth, in its first report considering that asserting designs to sell to Tesla (TSLA)…
Here’s why the Fed’s inflation fighting is doomed, per one veteran trader
Traders are warming to the point the Federal Reserve is about to toss ice cold drinking water on the warm U.S. financial system where by inflation is surging to four-ten…
Stocks resume losses ahead of Big Tech earnings
U.S. stocks fell Tuesday after markets staged a rebound to end higher in the previous trading session. Investors are looking ahead to a batch of mega cap tech earnings in…
Stocks extend losses as investors weigh hawkish Powell remarks, more corporate earnings
U.S. stocks were mostly lower Friday as investors assessed more corporate earnings and hawkish comments from Federal Reserve Chair Jerome Powell that hinted a half-point rate hike was likely next…