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Read More »Pending home sales fall for a third consecutive month
Homebuying in the U.S. was slower than anticipated in the first month of 2022. Pending home sales, a leading indicator of the health of the housing market, declined for the third straight month. The National Association of Realtors’ (NAR) Pending Home Sales Index, which tracks the number of homes that are under contract to be sold, fell 5.7% in January from December and dropped 9.5% from the same month a year ago. Contract signings were down across all regions in the U.S. The results came… Source link
Read More »Activision Blizzard misses on Q4 earnings as ‘Call of Duty’ bookings fall
The entrance to the Activision Blizzard Inc. campus is shown in Irvine, California, U.S., August 6, 2019. REUTERS/Mike Blake Activision Blizzard (ATVI) reported its Q4 2021 earnings after the bell on Thursday, falling well short of analysts’ estimates on the top and bottom line. The report will be the company’s first since Microsoft (MSFT) announced it will acquire the video game giant for $68.7 billion in January. Here are the most important numbers from the report compared to Wall Street’s… Source link
Read More »Stocks fall ahead of a packed week of earnings, Fed meeting
Stocks renewed declines Monday as investors looked ahead to a busy week of corporate earnings results, economic data and a Federal Reserve monetary policy-setting meeting after an already volatile stretch of trading. The S&P 500 and Nasdaq each dropped more than 2%, while the Dow fell by more than 1.5%. During intraday trading, the S&P 500 was off by more than 10% from its record closing high from Jan. 3, putting it on track to enter a correction. And the Nasdaq Composite fell further into a… Source link
Read More »Stocks, Futures Fall as Treasury Yields Surge: Markets Wrap
(Bloomberg) — Most stocks fell Tuesday amid a jump in global bond yields as investors girded for the removal of central bank support to quell high inflation. Most Read from Bloomberg Europe’s Stoxx 600 Index declined, with energy the only sector to advance. U.S. equity futures slipped before the market reopens later from a holiday. Asian shares struggled. Treasuries dropped across the curve, pushing two-year and 10-year yields up to levels last seen before the pandemic roiled markets. Even… Source link
Read More »Pfizer, Moderna focus on fall 2022 vaccine plans
Whether or not people will need to be perpetually boosting against the coronavirus and its seemingly never-ending stream of variants remains unknown, but vaccine manufacturers are already preparing for a possible need for additional boosters in the fall. “We have to be prepared for whatever evolution gives us,” said Moderna (MRNA) CEO Stéphane Bancel. Bancel, as well as Pfizer (PFE) CEO Albert Bourla, spoke to Yahoo Finance during the annual JPMorgan Health Care conference Monday. Both… Source link
Read More »James Cayne, CEO for Bear Stearns Rise and Fall, Dies at 87
(Bloomberg) — James Cayne, the cigar-puffing college dropout who parlayed a stint as a professional bridge player into a job as a bond broker on Wall Street, where he led Bear Stearns Cos. to record profits, then to the brink of collapse, has died. He was 87. Most Read from Bloomberg He died on Tuesday at Monmouth Medical Center in Long Branch, New Jersey, days after suffering a stroke, said his wife, Pat. Until 2007, Cayne, known as Jimmy, was one of Wall Street’s brightest stars. Bear… Source link
Read More »Bitcoin, ethereum and solana fall as crypto tokens sink
Bitcoin was trading near two-month lows. Photo: Getty Images Cryptocurrencies were down on Monday morning after bitcoin’s price took a battering over the weekend. Bitcoin (BTC-USD) was down almost 3% at the time of writing, trading at $48,143 (£36,304). That’s almost 30% down from its all-time high of $69,000, which it hit last month. Over the weekend it had fallen to about $42,000. The crypto was trading near two-month lows as a level near $42,000 was last seen in the first few sessions… Source link
Read More »DocuSign shares fall 40%, CEO said he is buying $5 million worth of more stock
DocuSign (DOCU) CEO Dan Springer is owning up to some execution mistakes in the third quarter that did their part to send shares down more than 40% on Friday as traders digested the company’s latest earnings report. But, Springer told Yahoo Finance Live he will buy shares next week as the one-day plunge doesn’t make sense given DocuSign’s leadership position and growth potential. “I am surprised, I’ll be straightforward with you. I do not see the reaction in the stock price to be… Source link
Read More »Google Pixel 6 appears to fall short of expected 30W charging speeds
When Google released the Pixel 6 and Pixel 6 Pro, it boasted about the devices’ fast-charging capabilities. Plugging a Pixel 6 series device into its $25 30W Fast Charger — which isn’t even included in the box — is supposed to take full advantage of the phone’s fast charging speed, juicing it up to 50 percent in just 30 minutes. We all can agree that this is an impressive spec, but unfortunately, it may not be totally realistic. Android Authority put the Pixel 6’s fast… Source link
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