Snap, Abercrombie & Fitch, Roblox and more

Snap, Abercrombie & Fitch, Roblox and more 0
- Business
- May 24, 2022
A man photographs a banner for Snap Inc. on the facade of the New York Stock Exchange on the morning of the company’s IPO in New York City, March 2, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading Tuesday. Snap — Shares of Snapchat’s parent company plummeted 41.2% after
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Opinion: Snap’s warning of a weaker outlook sends ripples through tech stocks 0
- Finance
- May 24, 2022
An unexpected warning about the deteriorating economy by Snap Inc. Chief Executive Evan Spiegel rippled through internet and social-media stocks late Monday, potentially ruining the market’s comeback attempt from earlier in the day. After the market closed with strong gains Monday, Spiegel spoke at a JP Morgan technology conference, and the company stated in a
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Stock futures fall after Dow’s 600 point comeback 0
- Business
- May 23, 2022
Stock futures fell in overnight trading on Monday as the markets struggled to sustain a comeback rally following weeks of losses. Futures on the Dow Jones Industrial Average fell 130 points, or 0.42%. S&P 500 futures dipped 0.89% and Nasdaq 100 futures dropped 1.6%. Zoom Video shares popped 6% in extended trading after sharing strong
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Americans worried about the economy even before inflation boom, Fed survey shows 0

May 23, 2022

A man shops for meat at a Safeway grocery store in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson | AFP | Getty Images Americans already were getting nervous about the state of the national economy late last year, before the spate of

What a recession means for workers battle over return-to-office 0

Business

May 22, 2022

People enter the Goldman Sachs headquarters building in New York, U.S., on Monday, June 14, 2021. Michael Nagle | Bloomberg | Getty Images A long-running employee’s market had made it difficult for employers to tug the reins and force remote workers back to the office. But times may be changing. Amid various business challenges ranging

Economy