The S&P 500, Dow and Nasdaq are down 10.3%, 8.5% and 16.5% respectively from their all-time highs. The S&P 500, hovering around the 4,300 level, is in correction territory.
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Stock Picks
The Wall Street powerhouse trades at a discount to peers. And its increasingly diversified business mix is reducing the downside.
4 minU.S. Stock Movers
With the Nasdaq firmly in correction territory, strong corporate earnings out of the tech sector could be a lifeline for investors.
3 minThe report will be the first since IBM completed its spinoff of Kyndryl, its former IT managed-services business.
3 minAs investors search for opportunities following 2022’s massive selloffs, Kate Moore, BlackRock’s head of thematic strategy for global allocation, presents her constructive case for large-cap stocks.
The energy-services company is lifting its quarterly dividend to 12 cents a share from 4.5 cents. The dividend was 18 cents a share before the pandemic.
1 minBarron's spoke with the CEO about the American icon's three-way split and how to ensure the stock doesn't wind up in deal purgatory during the process.
Long readPfizer said it is evaluating the FDA's comments and will work with the agency "to determine an appropriate path forward."
1 minThe stock is up 4% as the appointment of a Chinese official as director may signal an orderly debt restructuring.
1 minElectric air taxi company Wisk Aero secures a $450 million investment from commercial aerospace giant Boeing.
2 minAnalysts at Wedbush slash their target price on Snap stock by more than one-third.
3 minThe stock has been sliding since the summer on concerns over rising competition.
1 minThe Wall Street powerhouse trades at a discount to peers. And its increasingly diversified business mix is reducing the downside.
4 minWith Netflix shares down 40% from their peak, the bad news is likely priced in. Why it might be time to starting buying the stock again.
Long readSustainable funds are more popular than ever. More than a quarter of the ones that we ranked—41—beat the S&P 500 index’s total return of 28.7%.
Long readThe Florida grocer has margins that Kroger and Albertsons can only dream of, thanks to its unusual corporate culture.
Long read
Activist investor Blackwells Capital believes Peloton could be an attractive acquisition target for larger fitness or technology companies, The Wall Street Journal reports.
1 minWith its share price lagging, Kohl's has seen a surge of interest from activist investors.
2 minThe food and household goods giant last week dropped its bid to buy GSK's consumer healthcare division for £50 billion.
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