Howard Marks explains how to avoid crashes by learning to recognize signs of bull-market excess
SPACs and crypto craze led to lack of ‘fear of loss’ that keeps markets sane, says Marks
SPACs and crypto craze led to lack of ‘fear of loss’ that keeps markets sane, says Marks
Apple Inc. is boosting pay for workers amid rising inflation, a tight labor market and unionization pushes among hourly store employees.
Shares of BlackSky Technology Inc. BKSY, +97.46% have nearly doubled in Wednesday trading after the geospatial-intelligence company announced that it nabbed a contract with the National Reconnaissance Office, a U.S. intelligence agency.
Shares of Agilent Technologies Inc. A, -3.24% slipped 3.24% to $120.38 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.95% rising 0.95% to 3,978.73 and the Dow Jones Industrial Average DJIA, +0.60% rising 0.60% to 32,120.28. This was the stock’s second consecutive day of losses. Agilent Technologies Inc. closed $59.19 below its 52-week high ($179.57), which the company reached on September 3rd.
Amazon, in the spotlight over working conditions and facing more than a dozen shareholder proposals, announced at its annual general meeting Wednesday that none of the resolutions passed.
Snap shares plunge 43%
Nordstrom Inc. JWN, -3.59% shares jumped more than 20% at times in after-hours trading Tuesday after the retailer reported an unexpected profit and improving sales amid difficulties for rivals.
Shares of NextEra Energy Inc. NEE, +2.92% rose 2.92% to $74.67 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.15% rising 0.15% to 31,928.62 and the S&P 500 Index SPX, -0.81% falling 0.81% to 3,941.48. This was the stock’s third consecutive day of gains. NextEra Energy Inc. closed $19.06 short of its 52-week high ($93.73), which the company achieved on December 31st.
Focusing on the monthly rate of change in the CPI shows prices falling from March to April
Zoom now expects adjusted earnings of $3.70 to $3.77 a share for the year, up from previous $3.45 to $3.51 forecast