Stock Market

Goldman Sachs has started laying off workers across the US — with a focus on cutting mid-level investment bankers. Here’s why that’s a bad sign for the economy

Goldman Sachs has started laying off workers across the US — with a focus on cutting mid-level investment bankers. Here’s…

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House Democrats have officially drafted a bill that bans politicians, judges, their spouses and children from trading stocks — but here’s what they’re still allowed to own and do

House Democrats have officially drafted a bill that bans politicians, judges, their spouses and children from trading stocks — but…

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Plug Power Stock Sees Relative Strength Rating Jump To 90

On Thursday, Plug Power (PLUG) reached a key technical benchmark, with its Relative Strength (RS) Rating jumping into the 90-plus…

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PC Demand Is Tanking. What It Means for Nvidia, AMD and Intel Stock.

Susquehanna is getting more pessimistic about the outlook for PC sales. On Thursday, semiconductor analyst Christopher Rolland reduced his price…

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CarMax’s Huge Earnings Miss Sends Warning Signal on US Consumer

(Bloomberg) — Already shaky market sentiment took a gut punch on Thursday after used-car dealer CarMax Inc’s latest quarterly results…

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Fed Officials Reinforce Rate-Hike Calls, Say Markets Got Message

(Bloomberg) — Federal Reserve officials reiterated Thursday that they will keep raising interest rates to restrain high inflation, and that…

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The Used-Car Boom Has Become a Bust. CarMax Is Paying the Price.

 CarMax’s stock was falling sharply on Thursday after the used-car dealer reported quarterly profits a bit more than half of what…

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CarMax Blows a Tire on Weak Earnings and It’s Headed Downhill

Used car retailer CarMax (KMX) is down sharply in early trading activity on the heels of an earnings and revenue…

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Stock market news live updates: Stock futures tumble after relief rally falters

U.S. stock futures plunged Thursday morning as recession jitters returned to Wall Street after a fleeting relief bounce in the…

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Futures Extend Losses After Key Economic Data

Dow Jones futures dropped more than 350 points Thursday morning after key economic data — U.S. GDP and first-time unemployment…

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