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You are here: Home / Archives for MarketWatch.com - Top Stories

Earnings Results: Meta stock spikes nearly 20% as cost cuts and $40 billion for investors overshadow earnings miss

February 1, 2023 by MarketWatch.com - Top Stories

Meta shares soared Wednesday despite an earnings miss, as the Facebook parent company guided for potentially more revenue than Wall Street expected

Filed Under: Top Stories

Earnings Results: Elf Beauty stock rallies 12% on ‘terrific’ quarter

February 1, 2023 by MarketWatch.com - Top Stories

Elf Beauty Inc. stock skyrocked 12% in the extended session Wednesday after the beauty products maker and retailer reported quarterly profit and sales well above Wall Street hopes and raised its outlook for the year.

Filed Under: Top Stories

The Wall Street Journal: Rivian to lay off 6% of workforce in EV maker’s second round of job cuts

February 1, 2023 by MarketWatch.com - Top Stories

Rivian Automotive Inc. plans to initiate another round of layoffs, the latest in the electric-vehicle startup’s efforts to preserve cash as it confronts challenges scaling its business.

Filed Under: Top Stories

: ChatGPT to charge $20 a month for premium subscriptions, as chatbot grows faster than TikTok

February 1, 2023 by MarketWatch.com - Top Stories

Users of ChatGPT will soon be able to subscribe to a premium tier of the buzzy chatbot service, its creator said Wednesday.

Filed Under: Top Stories

The Margin: Dangerous drug-resistant fungal infections tripled in 2021, CDC says

February 1, 2023 by MarketWatch.com - Top Stories

‘The Last of Us’ in real life? While the show is a work of fiction, a growing body of real-world research suggests severe fungal infections are increasing.

Filed Under: Top Stories

Crypto: Bitcoin jumps 3% after Powell says ‘disinflation’ underway

February 1, 2023 by MarketWatch.com - Top Stories

Bitcoin jumps 3% after the Federal Reserve on Wednesday raised its key interest rate by a quarter of a percentage point, but signaled that only “a couple more” rate increases may be needed before the central bank takes a pause on its fight against inflation.

Filed Under: Top Stories

The Ratings Game: Electronic Arts stock logs worst decline of pandemic as ‘rare’ disappointment resets expectations

February 1, 2023 by MarketWatch.com - Top Stories

Shares of Electronic Arts, which avoided the worst of 2022’s tech declines, fall up to 14% as Wall Street reset its expectations for the videogame publisher.

Filed Under: Top Stories

: Intel cuts pay, bonuses and other benefits while maintaining dividend

February 1, 2023 by MarketWatch.com - Top Stories

Intel Corp. continues to cut costs for everything except payments to investors.

Filed Under: Top Stories

: Move over, Punxsutawney: The movie ‘Groundhog Day’ turned this Illinois town into a tourist hot spot

February 1, 2023 by MarketWatch.com - Top Stories

Bill Murray starred in the 1993 film, but Woodstock, Ill., also played a key part.

Filed Under: Top Stories

The Fed: Fed lifts interest rates again but sees only a ‘couple more hikes’ in fight against inflation

February 1, 2023 by MarketWatch.com - Top Stories

The Federal Reserve on Wednesday raised its benchmark rate to a range of 4.5%-4.75% but signaled that the end of rate hikes is near.

Filed Under: Top Stories

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