Tag: Wall Street
Investors Wary of China’s Economy Amid Stagnant Post-Pandemic Recovery and Anticipated Stimulus Measures
As momentum for China's post-pandemic economic recovery begins to decelerate, the upcoming stimulus measures...
Goldman to Cut Thousands of Staff as Wall Street Layoffs Intensify, Source
Goldman Sachs Group Inc is planning to cut thousands of employees to navigate a difficult economic environment...
Wall Street Braces for a Recession Amid Dwindling Consumer Spending
NEW YORK, United States — Compounded by concerns of a looming global recession, U.S. stock indexes rallied...
Apple, Energy Shares Drag Wall St Lower Amid China COVID Protests
Wall Street's main indexes fell on Monday as protests in major Chinese cities against strict COVID-19...
Tesla Falls After Delivery Warning Sparks Doubts Over Growth Momentum
Shares of Tesla Inc sank 9 percent on Thursday, with Wall Street analysts worrying that the electric...
Netflix Reverses Subscriber Slump, Shares Surge 14%
Netflix Inc reversed customer losses and provided a slightly more bullish outlook than Wall Street expected...
Goldman Sachs Unveils Revamp Amid Profit Slump
NEW YORK (Reuters) — Goldman Sachs Group Inc. will reorganize its business into three units and scale...
Wall Street Rallies, Technicals Help Market Rebound
NEW YORK (Reuters) — U.S. stocks ended sharply higher on Thursday, Oct. 13 as investors pulled back on...
Wall Street Skids as Investors Fret About US Economic Downturn
Wall Street tumbled on Thursday on worries that the Federal Reserve's aggressive fight against inflation...
Wall Street Tumbles Amid Fed Tightening Jitters, Economic Rumblings
Wall Street ended sharply lower on Thursday, extending its losses in late afternoon trading as a raft...
Stubbornly High Rents, Food Prices Boost US Inflation in August
U.S. consumer prices unexpectedly rose in August and underlying inflation accelerated amid rising costs...
Wall Street Tumbles to Biggest Loss in Two Years Following CPI Data
A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed...