Etsy Inc.’s stock rose quickly in extended trading Wednesday after the e-commerce company reported results that topped analyst revenue and earnings estimates.
Earnings Results: Zillow’s revenue falls nearly 90%, but the stock is still headed higher after earnings — here’s why
Zillow Group Inc.’s revenue was slashed by nearly 90% in the first quarter of 2023, and that was on purpose.
: Microsoft exec makes $9.2 million stock sale, capitalizing on recent rally
A Microsoft Corp. executive has taken advantage of the stock’s strong surge on the year, recently cashing out of some of his stock holdings.
Personal Finance Daily: The labor market is strong. So why are there fewer job openings? And mortgage rates fall, but buyers pull back in latest week
Wednesday’s top personal finance stories.
: ‘These high yields are not going to last forever’: Fed rate hike may be the last for now. Is it time to say goodbye to 5% on CDs and savings?
The Fed’s 10th straight rate increase could be the final one for the time being. Here’s what that means for savers.
: New Alzheimer’s drug trial seen as ‘potentially very important’
Eli Lilly’s positive trial showed that the drug donanemab ‘significantly slowed cognitive and functional decline’ in patients.
Market Extra: ‘Generous but expensive’: The costs of helping banks alleviate deposit stress don’t come cheap
“It’s generous but expensive,” said Mimi Duff at GenTrust about a Federal Reserve liquidity program helping to alleviate stress at banks from lost deposits.
: Weight Watchers parent WW stock falls amid report of layoffs at rival Jenny Craig
Shares of Weight Watchers parent WW have soared in 2023, boosted by the purchase of weight-loss drug prescriber Sequence.
Market Extra: Why stock-market bulls can’t celebrate as Fed hints at pause in rate hikes
Stock-market bulls didn’t take comfort in the Fed’s hints at a potential pause in the rate-hike cycle.
Project Syndicate: U.S. and China are on a collision course that could heat up their cold war
Prospects for cooperation between the two countries look increasingly remote, writes Nouriel Roubini.
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