Tag Archives: rally

Tech stocks extend post-Fed rally, Dow futures lag

Tech stocks extend post-Fed rally, Dow futures lag

U.S. stock futures were mixed ahead of the open Thursday, with tech stocks leading the way up following the Federal Reserve’s latest interest rate hike. Futures tied to the S&P 500 (^GSPC) added 0.4%, while futures on the Dow Jones Industrial Average (^DJI) lagged, dipping 0.4%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) rose by 1.2%. The yield on the benchmark 10-year U.S. Treasury note ticked up to 3.415% Thursday morning. The dollar index was flat. The major U.S. stock… Source link

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Google ‘rater’ contract workers rally at Mountain View headquarters to demand higher pay

Google ‘rater’ contract workers rally at Mountain View headquarters to demand higher pay

MOUNTAIN VIEW — Dozens of Google workers from across the country rallied at Google headquarters Wednesday to demand higher wages and benefits from Google’s parent company Alphabet. With the backing of the Alphabet Workers Union, a group of Google contract workers known as “raters” made their voices heard on Google’s main campus calling for fair pay and benefits. “I support the largest revenue stream that Google has, and I don’t have healthcare from my employer, and I don’t have the… Source link

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Google’s ‘lowest-paid workers’ ask for raises and benefits at headquarters rally

Google’s ‘lowest-paid workers’ ask for raises and benefits at headquarters rally

Michelle Curtis has rated Google searches professionally for eight years — training, testing and evaluating the algorithms for the company’s dominant search engine — while making $13.50 an hour. On Jan. 1, Curtis received a raise to $14.50 an hour, which is still lower than the $15 minimum hourly wage that Alphabet Inc. GOOGL, +1.61% GOOG, +1.56% has established for its temporary, contractor and vendor workforce,… Source link

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JP Morgan note pours cold water on sizzling rally

JP Morgan note pours cold water on sizzling rally

Tesla stock has risen too fast this year based on numerous uncertainties around the EV maker’s business, JP Morgan analyst Ryan Brinkman argues. “Tesla’s softer trend and below-consensus adjusted automotive gross margin comes before the impact of large price reductions that will primarily be felt beginning in the first quarter,” Brinkman said in a new client note. “As such, we view margin trajectory negatively and expect that consensus margin expectations are likely to decline.” Brinkman… Source link

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This year’s rally bears an ‘eerie resemblance’ to last summer’s headfake: Morning Brief

This year’s rally bears an ‘eerie resemblance’ to last summer’s headfake: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, January 27, 2023 Today’s newsletter is by Alexandra Semenova, markets reporter at Yahoo Finance. Follow Alexandra on Twitter @alexandraandnyc. Read this and more market news on the go with the Yahoo Finance App. It’s been “risk on” for investors in the first few weeks of 2023. The Nasdaq has gained 9% after losing one third of its value… Source link

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The 2023 stock market rally is facing its first technical challenge

The 2023 stock market rally is facing its first technical challenge

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, January 26, 2023 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with the Yahoo Finance App. Stocks mounted an impressive comeback Wednesday, with the Nasdaq Composite (^IXIC) nearly erasing its biggest opening deficit… Source link

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