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People are raiding their savings and racking up debt, paving the way for economic pain, expert warns

Soaring prices and borrowing costs mean people are spending nearly every dollar they have just to s…

Theron Mohamed   


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Goldman says we're still in phase 1 of AI's stock-market takeover. Here's how they expect phases 2 through 4 to play out.

There are many more companies beyond Nvidia that will see their stocks soar on the promise of AI, G…

Filip De Mott   


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Spotify ditches popular podcasts 'Heavyweight' and 'Stolen' as CEO doubles down on cost-cutting

Daniel Ek appears determined to make the company "relentlessly resourceful," following announcement…

Jyoti Mann   


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Markets are underestimating the potential for an economic slowdown, and 'greedflation' won't help investors anymore, Societe Generale says

"Greedflation" can't delay an economic slowdown forever, according to Société Générale strategist A…

Jennifer Sor   


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Fears about China's government ban on iPhones are 'way overdone,' as the crackdown could impact only 1% of the smartphone's sales in China: analyst

Apple shares have shed about $200 million in market capitalization after the news about the ban bro…

Huileng Tan   


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4 mins read

TikTok's growth rate has collapsed. 'Life' may be getting in the way for its younger users.

TikTok's user growth lagged behind Snapchat, YouTube, Instagram, and even Facebook in the final qua…

Alistair Barr   


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Silicon Valley Bank's downfall could herald a 10% plunge in US stocks and a recession, senior analyst says

SVB's dramatic collapse may signal the Fed's interest-rate hikes are starting to squeeze companies,…

Theron Mohamed   


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1 min read

Tech stocks are booming in 2023 - but there are 3 specific names that investors should be paying attention to, analyst says

Evercore's Mark Mahaney says Meta, Uber, and Amazon present key buying opportunities for investors.

Morgan Chittum   


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Tesla stock price target cut by a third as Model 2 is needed to 'right the ship,' analyst says

Evercore ISI lowered its target on Tesla stock to $200 from $300 and noted shares lost support at a…

Brian Evans   


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Sensex jumps 156 points in morning trade; within striking distance of 62,000

BSE 30-share Sensex went up 156 points to 61,909.79 and NSE Nifty 50 surged 69 points to 18,272.60 …

ANI   


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3 mins read

These charts show just how much cloud spending has slowed at Microsoft, Amazon, and Google

The slew of big tech earnings confirmed that growth is slowing at Amazon's AWS, Microsoft's Azure a…

Paayal Zaveri   


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1 min read

Risks to the dollar's 'explosive' dominance in 2022 are rising and the greenback's strength could start to wane, analysts say

The dollar has pulled back slightly in recent days as emerging market currencies surge. The dollar …

Brian Evans   


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4 mins read

Without radical changes, TikTok could vanish in the US

Another push for TikTok to sell its US operations, along with government bans, are raising question…

Paayal Zaveri   


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2 mins read

Joe Biden is running out of ammunition to fight the next oil crisis

"To allow this drawdown to take place has put undue stress on American resources and limits our abi…

Brian Evans   


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Lucid's slow deliveries, cancelled orders, and increasing competition are 'red flags,' experts say

Lucid sounded the alarm on customer demand during ots earnings call on Wednesday, and said it needs…

Alexa St. John   


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US stocks trade mixed as investors digest wave of corporate earnings results

Of the 42 S&P 500 companies that have reported earnings so far, overall results are beating estimat…

Matthew Fox   


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Dow surges 500 points as companies post strong earnings and oil prices fall

Oil prices fell more than 5% after the IMF cut its global growth forecast due to the economic fallo…

Matthew Fox   


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Mark Zuckerberg's giant middle finger to Wall Street backfired for Meta. Welcome to the 'biggest two week pivot' analysts have ever seen.

Investors have been desperately calling for cost cuts by the Facebook parent. Zuckerberg initially …

Alistair Barr   


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'Shark Tank' investor Robert Herjavec warns stocks could plunge another 30% - and says the market is gripped by fear and doubt

The cybersecurity boss emphasized that small businesses are still battling labor shortages, and not…

Theron Mohamed   


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Russian gas holds the keys to the euro as the energy crisis weighs on Europe's economy and currency

The euro could pull back further to fall between $0.95 to $0.97 against the dollar, a range of anal…

Brian Evans