(Bloomberg) — The S&P 500 Index may be headed for another record closing high, but JPMorgan Chase & Co.’s Marko Kolanovic says the benchmark will falter in coming months in the face of mounting headwinds, from a slowing economy to downward earnings revisions. Most Read from Bloomberg The US equity guage is poised to plunge […]
hapabapa / Getty Images/iStockphoto A lot of housing markets in the United States are going up right now, but there are some that experts say are about to lose a lot of value. This could be helpful to know if you’re planning a big move or trying to find a more affordable place to live. […]
In today’s video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of May 1, 2024. The video was published on May 1, 2024. Should you invest $1,000 in Nvidia right now? […]
By Patrick Wingrove (Reuters) -Moderna on Thursday reported quarterly revenue that beat Wall Street estimates but came in dramatically lower than the previous year when demand for COVID-19 vaccines was higher. Sales of Moderna’s COVID-19 shot Spikevax, its only marketed product, dropped 91% from the previous year to $167 million for the quarter but surpassed […]
Home prices in February rose at the fastest clip since November 2022, according to national home price data released Tuesday. Prices nationwide rose 6.4% over the same month last year, the S&P CoreLogic Case-Shiller Home Price Index showed. “Following last year’s decline, U.S. home prices are at or near all-time highs,” Brian Luke, head of […]
By Yuvraj Malik (Reuters) -Shares of Donald Trump‘s social media company plunged 21% on Monday, wiping out the gains from its debut last week, after disclosing millions in losses and saying it would struggle to meet its financial liabilities going forward. Trump Media & Technology Group lost more than $58 million in 2023, it said […]
The official start of spring means more showers for Northern California. Another storm system is expected to roll into the Sacramento area this weekend, bringing rain, snow and a drop in temperatures. “Light to moderate rain is expected this Friday through Sunday,” the National Weather Service posted Thursday morning on X, formerly known as Twitter. […]
BioNTech (BNTX) stock tumbled to its lowest point in three years Wednesday after the Covid vaccine maker reported light fourth-quarter sales and profit, and delivered lackluster 2024 guidance. X The Covid vaccine, developed with Pfizer (PFE), is BioNTech’s only commercial product. In the fourth quarter, Comirnaty sales plummeted 65% to just north of $1.6 billion […]
(Reuters) – Shares of Foot Locker slumped about 27% on Wednesday after the retailer projected 2024 profit below Wall Street expectations, hurt by a planned ramp-up in investments across its business to boost demand. Despite a solid holiday quarter, Foot Locker said it would achieve its long-term profit margin target two years later, in 2028, […]
Folks in the Kansas City might want to get out and enjoy the record warm weather early on Tuesday because an intense cold front will sweep across the region sending temperatures plunging, according to the National Weather Service. Along with the much colder temperatures, the cold front will bring the possibility of light snow as […]
By Diego Delgado MEXICO CITY (Reuters) – The population of monarch butterflies in the Mexican forests where they spend the winter fell to the second-lowest figure on record this season, offering a grim snapshot of the already endangered orange-and-black insects. The iconic butterflies’ presence was only documented in 2.2 acres (0.9 hectares) of forest spanning […]
Ukraine’s Armed Forces shot down a Russian Su-34 fighter bomber over Luhansk Oblast on Jan. 29, General Staff spokesperson, Andriy Kovalov, said in a TV interview on Jan. 30. Read also: Ukrainian intel likely behind destruction of Russian Su-34 fighter jet at Chelyabinsk airbase Russia has lost 332 aircraft and 324 helicopters since the beginning […]