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Dow surges 700 points as Wall Street springs back from bear market On average, stocks take about 19 months to recover their bear market losses, according to Ryan Detrick, chief market strategist with LPL Financial. But the past three bear markets have been much shorter, recouping losses in five, four and four months, ...
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Snap's Reduced Profit Forecast Sends Stock Plummeting 30%. What Tech Giant Is Next? S nap stock tumbled right over the cliff Monday evening, and the reason for the plummet makes it quite likely that Snap won't be the last tech company to see its shares go so spectacularly splat over the next few months.
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Washington, DC's AG is suing Mark Zuckerberg over Cambridge Analytica The District of Columbia has just announced fresh litigation targeting Facebook founder, Mark Zuckerberg, for his role in the Cambridge Analytica Facebook data misuse episode — alleging it has evidence the Facebook founder was personally involved in ...
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Exclusive: Arby's is selling a fast-food staple it's never offered before Better known for its roast beef, the chain is adding a hamburger to its menu for the first time in its nearly 60-year history. Arby's announced Monday it's adding the "Wagyu Steakhouse Burger," which costs $5.99, as a limited-time offering beginning Monday ...
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Hyundai to invest an additional $5 billion in the US by 2025 The investments, announced during a visit to Seoul by President Joe Biden, are for robotics, urban air mobility, autonomous driving and artificial intelligence, the group said. Hyundai Motor Group, which houses ...
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Arby's is launching its first burger ever. Here's how it tastes, and when you can buy it The Wagyu Steakhouse Burger includes an American Wagyu blended burger, American cheese, shredded lettuce, tomato, pickles, red onion and a special burger sauce on a toasted brioche bun. There's also a Bacon Ranch Wagyu Steakhouse Burger, which includes ...
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Group of Activision Blizzard employees votes to form the company's first union Some workers at Activision Blizzard have officially unionized, marking the company's first union and the video game industry's most high-profile successful organizing effort. A group of quality assurance employees at Raven Software, a gaming studio ...
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Pfizer says third Covid vaccine shot for kids under 5 is 80% effective against omicron A third dose of the vaccine elicited a strong immune response and was well tolerated by the kids with a majority of the side effects mild to moderate, according to Pfizer. Parents have been waiting months for the FDA to authorize the shots for kids ...
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Dow Soars 600 Points As JPMorgan Rallies—But 'Vicious' Bear Market Risks Keep Experts On Edge Fresh off the S&P 500's brief plunge into bear-market territory, financial stocks led a staggering market rally on Monday after bullish news from the nation's largest lender, but with uncertainty around interest rate hikes still posing a risk to stocks ...
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Stocks surge thanks to big rally for JPMorgan Chase and other banks Stocks soared Monday, as positive news about earnings from banking powerhouse JPMorgan Chase and comments from President Joe Biden about the possibility of lifting some US tariffs on China boosted sentiment on Wall Street. The Dow gained nearly 620 points ...
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