Tag Archives: August

Amid the renewed retail investor interest in meme stocks, it’s Bed Bath & Beyond that has taken the crown from former heavyweights AMC and GameStop. Bed Bath & Beyond stock (BBBY) skyrocketed by nearly 70% in afternoon trading on Tuesday as Reddit traders speculated on a massive short squeeze. Shares were originally down around 3% in pre-market trading today following a stunning 23% pop on Monday. The two days of gains came as enthusiastic traders on Reddit hyped the struggling retailer and Source link

U.S. stock futures dipped in a downbeat start to the trading week after equity markets rallied towards their longest winning streak in 10 months on Friday. Futures tied to the S&P 500 fell 0.6% after the benchmark index marked its fourth straight week of gains in the previous trading session, officially recouping half of its bear market losses this year. The Dow Jones Industrial Average shed 150 points, or roughly 0.5%, and the Nasdaq Composite was off by 0.4%. Data out of China on Monday… Source link

Google experienced a major outage this week that affected Search and Maps. Publishers and SEOs also reported problems with search indexing. The problem seems to largely be resolved, although earlier today there were still some pockets reporting ongoing issues. Ranking Disruptions Many people reported disruptions in rankings, and some thought it was due to a ranking update. One panicked individual posted a discussion on WebmasterWorld about lost rankings: “I’ve noticed something that… Source link

LIVE: Stock Market Coverage – Wednesday August 10 Yahoo Finance – Yahoo Finance Source link

U.S. stocks fell Monday in a choppy start to August trading as Wall Street struggled to sustain July’s momentum. The S&P 500 and Dow Jones Industrial Average each fell roughly 0.3%, while the Nasdaq Composite held near breakeven. Investors mulled a flurry of data early in the session that showed manufacturing activity expanded at the slowest pace in more than two years. The Institute for Supply Management’s gauge of factory activity retreated to 52.8 from 53 a month earlier, marking the… Source link

Google is planning to test augmented reality (AR) prototypes in public beginning next month, the company announced Tuesday. Google has been exploring concepts like AR glasses that show translations in real time, but the company wants to take its ideas from the lab into the real world. The Verge previously reported that Google hopes to ship its “Project Iris” AR headset in 2024. “This will allow us to better understand how these devices can help people in their everyday lives,”… Source link

After the S&P 500 posted its worst first-half performance since 1970, many investors are wondering whether the downtrend would continue for the remainder of the year. But according to CNBC’s Jim Cramer, we could be at a turnaround. “I said to [David Faber] that July 13th will be the bottom. I said that in February,” he reminds viewers. Cramer also uses analysis from market technician Larry Williams to show that the market could be ready for a rebound in the not-so-distant future. “The… Source link

(Reuters) – Kansas City Federal Reserve Bank President Esther George on Monday said she expects the U.S. central bank to lift its target interest rate to about 2% by August, with further action dependent on how both supply and demand are affecting inflation. “Fed policymakers have emphasized a commitment to act expeditiously to restore price stability, and I expect that further rate increases could put the federal funds rate in the neighborhood of 2% by August, a significant pace of change in… Source link

Gas prices hit record highs on Friday, as consumers are grappling with soaring inflation. With oil prices still well above $100 per barrel, drivers are unlikely to see much relief at the pump for now. “May is usually when the futures market in gasoline tends to peak. But this May has brought particular mayhem, if you will.” Tom Kloza, OPIS head of energy analysis, told Yahoo Finance. The continuation of the Russian invasion of Ukraine is expected to keep oil prices high, he said. “I think… Source link

AUGUSTA, Ga. — At about 10:55 a.m. the crowd parted all on its own. No security told people to do it. No ropes were pulled out. Nothing was imminent. This was in front of the famed Augusta National clubhouse, under the sprawling live oaks that offer scenery and shade, some of the most exclusive ground in this exclusive country club. Tiger Woods was coming. He wasn’t there yet, but he was coming. Everyone knew that. He was set to tee off at 11:04 which meant he would be emerging from the… Source link