Veteran videogame executive takes the reins some seven months after co-founder departure, fleet grounding.
A “blackout” for stock buybacks ahead of earnings season may be poised to cause another short-term pullback after a run to all-time highs for the S&P 500 and Nasdaq Composite.
FedEx Corp. late Tuesday reported a quarterly profit above expectations and called for revenue growth for its upcoming fiscal year, sending the stock 14% higher in the after-hours session.
The megacap tech stock entered correction territory this week — and individual investors took advantage of the discount.
A top economic adviser to President Joe Biden said that he expects American voters to become less concerned over the high cost of living over time if policymakers can keep the inflation rate under control.
The small-cap focused Russell 2000 index is trading well below its record high in 2021.
Semiconductor stocks are bubbling and could lose 40% of their value.
June new-car sales are expected to come in slightly higher than May sales, wrapping up a first half of the year that is also forecast to be a bit better than a year ago, even as high interest rates and car prices continue to keep some buyers sideline...
