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Month: July 2022

July 30, 2022 Business

Big tech is doing good. Meta is not.

Windows in order: Microsoft (MSFT) rebounded 5% in extended trading on Tuesday following surprisingly upbeat guidance after a Q4 miss. On its earnings

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July 29, 2022 Business / Life

The US is not yet in recession?!

The US economy shrank at an annualized pace of 0.9% in the second quarter, according to government data released yesterday. Paired with

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July 28, 2022 Business / Life

Are we in a recession? YES

It’s decided. GDP dropped an annualized 0.9% in April to June period. And as annualized growth in Q1 contracted 1.6%,

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July 27, 2022 Business / Life

Inflation is changing shopping habits

This week, consumer-facing companies unloaded a dump truck’s worth of stats showing how 40-year-high inflation is affecting shoppers’ behavior. After

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July 26, 2022 Business

Walmart is not doing so well

Retail stocks are under pressure premarket Tuesday after Walmart (WMT) laid out a dismal consumer landscape when it preannounced results

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July 25, 2022 Invest

Federal rate hikes and how it impacts your wallet

If you’ve been paying attention to the news, you certainly know that inflation is running pretty hot. To combat this,

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July 25, 2022 Invest

Earnings coming to stock market this week

This week is the most important week this summer for Wall Street. With the Fed decision and GDP on tap,

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July 24, 2022 Business

The next week may decide stock market for the rest of 2022

Some of the biggest names are reporting their earnings next week. The biggest week of the earnings season will keep

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July 22, 2022 Business

Twitter revenue below expectation: who’s fault?

This is a rhetorical question. It’s Elon Musk’s fault. Twitter’s second quarter results missed analysts’ estimates, and the social media

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July 22, 2022 Business

Oops, Snap-ed!

The tech sector rallied broadly on Thursday, with the Nasdaq ending the session up 1.4%, until Snap (SNAP) sharply dented sentiment

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