Tag: Factiva filters

  • ‘Boeing management is running around like headless chickens,’ says Ryanair CEO in earnings tirade

    Michael O’Leary, chief executive of Ryanair Holdings Inc., stormed into Boeing Co. during an earnings call on Monday, slamming the aircraft maker’s “tremendous mismanagement” and calling for a top-down shakeup. “At the moment, we believe that Boeing management is running around like headless chickens, unable to sell planes, and even the planes they deliver, they […]

  • ‘Nowhere to hide?’ What’s next as stocks plummet to bear market amid stagflation fears

    A big rebound in stocks on Friday still leaves the main U.S. stock market benchmark on the verge of entering a bear market as investors worry about the Federal Reserve’s ability to tame inflation without sinking the economy. economy are stoking fears of stagflation – a pernicious combination of slowing economic growth and persistent inflation. […]

  • Crypto investor Barry Silbert offers sympathy and advice to those who lost fortunes this week

    Billionaire crypto investor Barry Silbert, founder and CEO of Digital Currency Group, offered his sympathy and advice on Saturday to those who have lost fortunes recently. It’s been a tough six months to be a crypto investor. Seesaw markets, shaky asset prices, rising interest rates and high inflation have all combined to shock the stock, […]

  • The S&P 500 is on the verge of a bear market. Here is the threshold.

    The latest bull market in U.S. stocks was set to expire on Thursday afternoon, with the benchmark S&P 500 holding just below the threshold that marks bearish territory. The S&P 500 SPX was down 73 points, or 1.9%, at 3,860.88 in afternoon trade, after ending Wednesday about 18% below its record close in early January. […]

  • Bitcoin Price Rebounds After Falling Below $26,000

    Bitcoin plunged, then rebounded, and the world’s largest stablecoin, tether, briefly fell from its $1 peg, adding to fears of further turmoil in the cryptocurrency market. Cryptocurrencies have been hit by two forces this week. On the one hand, fears that inflation will require aggressive central bank tightening have undermined the desire to hold perceived […]

  • Disney Reports Increase in Disney+ Subscribers in Last Quarter

    waltz disney announced better-than-expected subscription numbers for its Disney+ streaming service in the last quarter, avoiding a downturn that dogged streaming rival Netflix Inc. For the company’s second fiscal quarter, Disney announced 7.9 million new Disney+ subscribers to reach 137.7 million subscribers, up from 129.8 million in the prior quarter. Analysts polled by FactSet expected […]

  • TerraUSD Cryptocurrency Plunges as Investors Bail Out

    A sell-off in a cryptocurrency believed to be pegged to $1 accelerated on Wednesday, briefly sending its price below a quarter of that value. TerraUSD traded as low as 23 cents on Wednesday, according to data from CoinDesk. As of 2:43 p.m. ET, it had partially rebounded to around 68 cents in volatile trading.

  • Stock futures rise ahead of inflation data

    Stock futures rose, pointing to gains for major indexes ahead of inflation data that will be closely watched for clues on the pace of interest rate hikes by the Federal Reserve. S&P 500 futures rose 1.2% on Wednesday. The stock gauge ended a three-day losing streak on Tuesday, marking a pause on a period of […]

  • Coinbase stock continues to slide after earnings report

    The largest cryptocurrency exchange in the United States said it was bleeding users, reflecting the continued destruction of the crypto market and investor unease with risky assets. Coinbase global Inc. PIECE OF MONEY -12.60% said on Tuesday it lost hundreds of millions of dollars in the first quarter, sending the stock plummeting in after-hours trading. […]

  • Tech industry warns that more remote work jobs are being headed out of the US

    WASHINGTON—Tech industry representatives are on Capitol Hill this week to warn that the trend towards remote working will lead to more offshoring of software developers and other tech jobs unless the United States admits more highly skilled immigrants. Remote tech jobs jumped more than 420% between January 2020 and last month, growth that has been […]