Applied Finance sees attractive buying opportunities in the stock market, including some big technology companies, according to one of its founders. U.S. stocks have slumped this week, particularly the tech-heavy Nasdaq.
When China began rolling out tests of its new digital yuan, many observers feared that the central bank-issued digital currency posed a threat to the U.S. dollar’s role as the world’s reserve currency and preferred medium of exchange. But the real threat may be to America’s private sector.
Shares of ThredUp drop nearly 8% late Wednesday as investors gave the cold shoulder to both online secondhand retailers reporting quarterly results in the extended session.
Inflation is supposed to be a positive for the stock market, but signs of growing price pressures are rattling equities across sectors this week. Here’s why.
President Joe Biden on Wednesday afternoon says his administration has been in “very, very close contact with Colonial Pipeline” and there would be “some good news” in the next 24 hours on the company’s East Coast fuel artery.
The dating-app company reported first-quarter user and revenue growth and profit, greatly exceeding expectations and sending its shares briefly higher in extended trading on a day when they reached an all-time intraday low.