Monday, April 22, 2024

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Stock Market

Facing revenue headwinds, Air New Zealand cuts fiscal-year earnings guidance

Air New Zealand warned on profits on Monday as it grapples with revenue headwinds in its home market and in North America. Source link...

Salesforce, Informatica reportedly can’t agree to deal terms

Salesforce Inc.’s bid to buy Informatica Inc. has sputtered after neither company could agree to terms, the Wall Street Journal reported Sunday night. Source...

Tesla cuts prices for many of its models worldwide, slashes cost of Full Self-Driving in U.S.

Tesla Inc. cut prices for many of its vehicles in the U.S., China and Europe over the weekend amid slumping sales. Source link

S&P 500 heads for worst month since 2022 as bond yields jump on inflation fears

The U.S. stock market’s bull run has hit a rough patch, as bond yields spiked this month on fears that a robust economy...

The Magnificent Seven have gotten less magnificent ahead of earnings. This one could have the most explaining to do.

Four of the Magnificent Seven stocks will make their case to investors this week. Source link

Here is a one-year CD that now pays 5.36% — thanks to the Federal Reserve

There are safe places to park your money and get a decent return. Source link

Here’s what the S&P 500’s 50-day moving average is telling us now about stocks

The once-reliable market-timing indicator has lost its predictive power. Source link

House passes bill that could lead to U.S. TikTok ban, and Senate’s OK looks likely

The U.S. House of Representatives has voted in favor of a revised bill that could lead to a nationwide ban of TikTok, setting...

Three reasons Generation X thinks reality bites when it comes to retirement

Gen X will start turning 60 next year, and they’re less optimistic than baby boomers about their retirement prospects. Here’s why. Source link

Cutting interest rates is misguided — the easy money would only fuel inflation

The Federal Reserve should keep credit conditions tight for now. Source link

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