Technically speaking, last week was the worst week in a while. On the other hand, the lousy week follows a heroic start for the year. The S&P 500 is still up 6.5% since the end of 2022 despite last week's 1.1% slide. More than that though, the index — all of the indexes, actually — are still above critical support...
Technically speaking, last week was the worst week in a while. On the other hand, the lousy week follows a heroic start for the year. The S&P 500 is still up 6.5% since the end of 2022 despite last week's 1.1% slide. More than that though, the index — all of the indexes, actually — are still above critical support...
— Shares of Lyft are slumping Feb. 10 after the ride-share provider delivered a disappointing quarterly report. — By Bret Kenwell, TheStreet.com Shares of Lyft (LYFT) are not getting the lift that long investors were hoping for on Friday morning. Quite the opposite: At last check, the stock was down 35% after the ride-share company's disappointing quarterly report. While the...
— Alphabet is tumbling after accidentally showcasing an error from its AI-powered chatbot, Bard.– By Bret Kenwell, TheStreet.com Alphabet (GOOGL) (GOOG) shares have spent most of the day under pressure. The overall market is lower, too, but certainly not as sharply as Alphabet. At the session low, the shares were down almost 9%. At last check, the stock was off...
— Activision Blizzard reported earnings and Microsoft is in focus due to an AI event. Plus, the software giant is still trying to buy the videogame stalwart. — By Bret Kenwell, TheStreet.com Shares of Activision Blizzard (ATVI) and Microsoft (MSFT) are getting plenty of attention this week. That's as reports on Monday suggested that the software giant's proposed $69 billion...
For a short while on Friday it looked like the week's budding rally effort was going to stall out. When push came to shove late in the session though, the bulls stepped up. While not every index cleared every possible hurdle, most of the indices have now cleared most of their most critical hurdles. That's not a guarantee of a...
For a short while on Friday it looked like the week's budding rally effort was going to stall out. When push came to shove late in the session though, the bulls stepped up. While not every index cleared every possible hurdle, most of the indices have now cleared most of their most critical hurdles. That's not a guarantee of a...
That's it. That was the big one. While Wednesday's 1.05% advance from the S&P 500 was relatively tame, the move got the market over the last of the key hurdles it needed to clear. While the effort thus far doesn't officially mark the beginning of a new bull market, it does certainly suggest stocks have shaken off the bear market...
That's it. That was the big one. While Wednesday's 1.05% advance from the S&P 500 was relatively tame, the move got the market over the last of the key hurdles it needed to clear. While the effort thus far doesn't officially mark the beginning of a new bull market, it does certainly suggest stocks have shaken off the bear market...
— Exxon Mobil stock is reclaiming a key level as it rallies on earnings. Here's where it could be heading next. — By Bret Kenwell, TheStreet.com Shares of Exxon Mobil (XOM) on Tuesday were trading about 1.5% higher at last check. That's a reversal from the slightly lower open and from the drop of almost 3% at the lowest point...
