Tag: Marketwatch
Shares of Moderna Inc. MRNA, -4.45% slumped 2.3% toward an eight-month low in morning trading Friday, and have tumbled 26.5% amid a six-day losing streak, enough for formerly bearish BofA Securities analyst Geoff Meacham to say investors should stop selling the biotechnology company. Meacham raised his rating to neutral from underperform, and lifted his stock […]
Google, Epic Games agree to trial in early 2023 – MarketWatch Skip to main content Latest Watchlist Markets Investing Personal Finance Economy Retirement How to Invest Video Center Live Events MarketWatch Picks Published: Jan. 21, 2022 at 12:47 p.m. ET Google parent Alphabet Inc. GOOGL, -2.22% GOOG, -2.56% and Epic Games Inc. have agreed to […]
Google parent Alphabet Inc. GOOGL, -2.22% GOOG, -2.56% filed a motion in federal court in New York Friday asking the court to dismiss Texas Attorney General Ken Paxton’s antitrust lawsuit over Google’s ad tech products. “This lawsuit has now been rewritten three times. With each version, AG Paxton follows the same pattern: make inaccurate and […]
Oil prices finished lower on Friday, but scored a fifth consecutive weekly rise. “Crude prices may not have a one-way ticket to $100 oil, but the supply-side fundamentals certainly support that could happen by the summer,” said Edward Moya, senior market analyst at OANDA. “The next few trading sessions could be difficult for energy traders […]
Kraft Heinz Co. said late Friday it has appointed Andre Maciel as its chief financial officer, effective March 2. Maciel will succeed Paulo Basilio, who will step down on March 1, the company said. Basilio will remain with the company as a strategic adviser through August. Shares of Kraft Heinz were off around 0.1% in […]
U.S. stock indexes closed lower Friday, capping another punishing week for growth and technology stocks as investors await a Federal Reserve update next week on how aggressively interest rates may rise and financial conditions tighten to tame inflation. The Nasdaq Composite Index COMP, -2.72% led the three stock benchmarks lower Friday, ending down 2.7%, but […]
Gold futures fell on Friday amid declines in most asset classes, but still tallied a gain for a second straight week after settling Wednesday at their highest in two months. “While the precious metal markets are likely overbought from significant gains earlier this week, and due some corrective action, we blame big picture risk off […]
Biden presses Congress to pass chips funding as he hails Intel’s plan for new site – MarketWatch Skip to main content Advertisement Home Latest News Watchlist Market Data Center U.S. Cryptocurrency Europe Rates Asia Futures Currencies Markets U.S. Markets Canada Europe & Middle East Asia Emerging Markets Latin America Market Data Investing Barron’s Best New […]
Stocks opened mostly lower Friday, on track for a hefty weekly loss as the Nasdaq Composite pushes deeper into correction territory. The Dow Jones Industrial Average DJIA, -0.07% rose 56 points, or 0.2%, to 34,772, while the S&P 500 SPX, -0.49% was off 0.1% at 4,477. The Nasdaq was down 0.2% at 14,126, bringing it […]
Raymond James analyst William J. Wallace IV (RJA) on Friday upgraded shares of Webster Financial Corp. WBS, -0.20% to strong buy from outperform and increased his price target to $73 from $65. The integration of the bank’s $5 billion acquisition of Sterling Bancorp STL, -0.67% should drive upside after it closes as expected in February, […]