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You are here: Home / Archives for Top Stories

The Ratings Game: Foot Locker cuts staff and another exec departs: ‘Every executive from the 2019 analyst day is now gone,’ analyst says

January 26, 2023 by MarketWatch.com - Top Stories

Athletic-gear retailer Foot Locker said it had cut some corporate and support staff and has decided to wind down its Sidestep athletic fashion brand in Europe

Filed Under: Top Stories

Chuck Jaffe: ‘Don’t just sit there, do something.’ The stock market is telling you to make some hard decisions with your money now.

January 26, 2023 by MarketWatch.com - Top Stories

It’s never different this time — but right now sure feels like it is, writes Chuck Jaffe.

Filed Under: Top Stories

Market Extra: Gas prices jump to $3.50 a gallon in January, pose threat to Fed’s inflation fight

January 26, 2023 by MarketWatch.com - Top Stories

Gas prices at the pump are up an unusually high 9.2% in January after falling to a recent $3.096 a gallon low in December, according to Bespoke Investment Group.

Filed Under: Top Stories

The Wall Street Journal: Spotify recovers after second outage this month

January 26, 2023 by MarketWatch.com - Top Stories

Streaming service Spotify Technology SA experienced an outage for the second time this month, temporarily disrupting service for thousands of users.

Filed Under: Top Stories

: Hasbro plans to lay off 15% of workforce and warns of holiday-season loss

January 26, 2023 by MarketWatch.com - Top Stories

Hasbro Inc. late Thursday said it plans to lay off about 15% of its workforce and warned Wall Street to brace for a quarterly loss and a drop in revenue after a disappointing holiday season.

Filed Under: Top Stories

: Marqeta promotes Simon Khalaf from chief product officer to CEO

January 26, 2023 by MarketWatch.com - Top Stories

Marqeta Inc. Chief Product Officer Simon Khalaf will become the company’s next chief executive, taking over for founder Jason Gardner.

Filed Under: Top Stories

Earnings Results: Intel stock drops nearly 10% after earnings miss, execs predict quarterly loss as data-center market shrinks

January 26, 2023 by MarketWatch.com - Top Stories

Intel shares fell Thursday after the chip maker reported a big miss for the fourth quarter, forecast a loss for the current quarter, said the data-center market was shrinking.

Filed Under: Top Stories

Earnings Results: Visa rides a wave of spending to an earnings beat

January 26, 2023 by MarketWatch.com - Top Stories

Visa shares gained more than 1% in after-hours trading Thursday after the financial-technology powerhouse topped earnings and revenue expectations for its latest quarter.

Filed Under: Top Stories

Earnings Results: KLA Corp. stock sinks as outlook disappoints following drop in chip demand

January 26, 2023 by MarketWatch.com - Top Stories

KLA Corp. slid after-hours on Thursday after the semiconductor-equipment maker forecast third-quarter profit and sales that came in below expectations.

Filed Under: Top Stories

: What investors need to know about Pfizer’s latest downgrade

January 26, 2023 by MarketWatch.com - Top Stories

The company’s pipeline, though promising, is still too premature to make up for the looming drop in COVID-19 franchise revenue.

Filed Under: Top Stories

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