2023 has now surpassed 2022 for global tech layoffs, according to Layoffs.fyi.
Deep Dive: This stock ETF keeps beating the S&P 500 by selecting for quality
The VanEck Morningstar Wide Moat ETF has been a consistent outperformer over the past 10 years.
Futures Movers: Oil ends lower after tapping highest intraday price in 2 weeks
Oil futures end lower on Wednesday, giving up gains that lifted prices to their highest intraday level in just over two weeks.
Market Extra: Are tech stocks becoming a haven again? ‘It’s a mistake,’ say market analysts.
Volatility in bank sector stocks caused by the quick collapse of Silicon Valley Bank earlier this month has ignited a rush into technology stocks which are now seen as safe haven trade.
: Lululemon leaps, boosted by strong results and guidance, as growth opportunities loom
Analysts see plenty of growth opportunities ahead for Lululemon.
Metals Stocks: Gold marks its third loss in four sessions as dollar gains, safe-haven rally fades
Gold futures settle lower on Wednesday as the safety bid faded after recently carrying gold past the $2,000 per ounce to their highest intraday levels in a year.
: Tesla stock having its best start to a year yet, adding $200 billion in valuation
Tesla has added more than $200 billion to its market value so far this year in what’s also been its best quarter of stock performance in more than two years.
Movers & Shakers: Lululemon and Micron shares surge, UBS’s stock rallies on CEO reinstatement and other stocks on the move
Here are some of the biggest U.S. stock price movers on Wednesday as markets rallied on improved investor sentiment about banking sector health.
The Ratings Game: Carnival’s stock bounces back after long-time bear says stop selling
Carnival’s stock got a nice lift Tuesday, after Wells Fargo backed away from its long-time bearish call, saying its concerns have been “de-risked.”
: Credit Suisse abetted possible criminal tax evasion, U.S. Senate committee alleges
Credit Suisse may have abetted tax evasion of nearly $100 million for almost a decade, a new report from a U.S. Senate committee alleged.
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