Glyn Kirk/Agence France-Presse/Getty Images Investors worried about recent turbulence in stocks may want to keep an eye on the near $ 1.5 trillion high-yield corporate bond market, to help gauge when a more substantial selloff in Wall Street might begin. Analysts often view ructions in the high-yield, or “junk-bond,” market …
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Tesla Inc. unveiled battery innovations and increased efficiencies that appeared to underwhelm investors late Tuesday at its much anticipated “Battery Day.” Tesla stock’s TSLA, -5.59%, which had gained more than 4% after an upbeat post-shareholder-meeting presentation, turned south as soon as Chief Executive Elon Musk said that some of the …
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A previous version of this article incorrectly referred to a statistic involving five-month winning streaks for the S&P 500. The article has been corrected. Carrying the team. jonathan nackstrand/Agence France-Presse/Getty Images Pandemic worries, election uncertainty, U.S.-China tensions — none of that is enough to sway this tough bull market, says …
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Peloton Interactive Inc. reported fiscal fourth-quarter earnings Thursday afternoon. MarketWatch photo illustration/iStockphoto A year after its initial public offering, Peloton Interactive Inc. is pedaling toward new highs amid a pandemic that is forcing people into their homes and away from gyms, creating demand for at-home fitness equipment. Peloton PTON, -3.75% …
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Aurora Cannabis Inc.’s stock tumbled nearly 12% Tuesday, after the Canadian company said it’s recording up to C$ 1.8 billion ($ 1.4 billion) of goodwill impairment charges on some of its past acquisitions. Aurora ACB, +3.05% ACB, +3.22% had the most accumulated non-cash value on its balance sheet of the …
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A bout of volatility returned to financial markets with a vengeance last week, disrupting a nearly uninterrupted climb to records for U.S. stock indexes and raising questions about the path for Wall Street headed into a hornet’s nest of challenges for investors. Perhaps, the overarching question is, “What the heck …
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The tech-heavy Nasdaq Composite Index, after a long and steady rally this year, suffered its biggest two-day loss since mid-March to close out the week. Before those declines, there were warning signs from Wall Street analysts who ordinarily shy away from rating any stock a “sell.” Shares of Tesla TSLA, …
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MARKETWATCH PHOTO ILLUSTRATION/ISTOCKPHOTO|, CROWDSTRIKE CrowdStrike Holdings Inc. shares retreated from 2020’s meteoric rise in the extended session Wednesday after the cloud-based cybersecurity company topped Wall Street estimates, with more businesses seeking to protect their systems as employees work from home. On a conference call, CrowdStrike CRWD, -1.12% co-founder and Chief …
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A record-setting August for stocks has set the bar high, but September may be off to an upbeat start, led by technology. The big question for investors is whether the equity market will keep up the momentum? That brings us to our call of the day from Schwab Center for …
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