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Dow Jones Dips and Nasdaq Flies;  Meta Rockets amidst Mark Zuckerberg "surprise"

Dow Jones Dips and Nasdaq Flies; Meta Rockets amidst Mark Zuckerberg “surprise”

The Dow Jones Industrial Average closed lower even as the Nasdaq Index soared more than 3%. Meta platforms (meta) rocketed as Mark Zuckerberg shared a surprise. an Apple (AAPL) before earnings while Microsoft (MSFT) was one of the best major companies. X New member of the US Global Jets leaderboard (Planes) The ETF rose above …

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Netflix has not confirmed its plans to stop sharing passwords yet

Netflix has not confirmed its plans to stop sharing passwords yet

Based on information from the Netflix support pages, a report has been published by The Streamable It appears to confirm details about how anti-password sharing features will be rolled out in the US and elsewhere. However, Netflix has yet to announce the details of its plan or what it might look like when it rolls …

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Mortgage rates are falling for the fourth consecutive week

Mortgage rates are falling for the fourth consecutive week

Washington, DC CNN – Mortgage rates fell slightly this week, as a smaller rate hike by the Federal Reserve indicated a promising improvement on inflation. The average 30-year mortgage rate was 6.09% in the week ended February 2, down from 6.13% in the previous week, according to data from Freddie Mac released Thursday. A year …

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Penn Sports bookmaker reports profit in the last quarter of the year

Penn Sports bookmaker reports profit in the last quarter of the year

In this photo illustration, the Penn Entertainment logo is displayed on the screen of a mobile phone smartphone. Rafael Henrique | SOPA Pictures | Light Rocket | Getty Images Penn Entertainment On Thursday, it became the first US gambling company to be profitable in the sports betting business during the last three months of the …

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Apple, Amazon and Alphabet earnings are coming.  Here's what the stock options market is preparing for.

Apple, Amazon and Alphabet earnings are coming. Here’s what the stock options market is preparing for.

The options market braced for larger-than-usual moves in shares of three trillion-dollar companies, the day after quarterly earnings results were reported. This is because of the implied volatility, or how far a stock can be expected to move over a given period, of Apple Inc stock. AAPL, +3.04%And Alphabet Inc. GOOGLE, +6.01% and Amazon.com Inc. …

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80% of workers who quit in a 'big quit' regret it: new survey

80% of workers who quit in a ‘big quit’ regret it: new survey

The “big regret” is the latest workplace trend to sweep the nation, with the majority of professionals who left their jobs last year wishing they could land an additional job, according to a new survey. 2022 was another record year for smoking cessation – 4.1 million Workers left their jobs in December, bringing the total …

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Stocks and bonds rose as investors approached peak interest rates

Stocks and bonds rose as investors approached peak interest rates

Investors piled into stocks and bonds on Thursday as they seized on signs that interest rates were close to peaking on both sides of the Atlantic. Stocks on Wall Street jumped to their highest levels since August, while government bonds in Europe posted their biggest one-day rise in years. The gains came after the Bank …

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US weekly jobless claims fall to a nine-month low;  Speed ​​of productivity gains

US weekly jobless claims fall to a nine-month low; Speed ​​of productivity gains

Weekly jobless claims drop 3,000 to 183,000 Continuing claims decreased 11,000 to 1.655 million Productivity accelerated at a 3.0% rate in the fourth quarter Unit labor costs grow at a rate of 1.1% WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits fell to a nine-month low last week, as the …

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ECB raises interest rates by 0.5 percentage point as Lagarde commits to 'stay on course'

ECB raises interest rates by 0.5 percentage point as Lagarde commits to ‘stay on course’

The European Central Bank raised interest rates by half a percentage point on Thursday and pledged to do the same in March, with bank president Christine Lagarde warning that inflation in the eurozone remains “too high”. The European Central Bank decided to go ahead with a severe tightening after it raised the deposit rate to …

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Ad sales sluggishness, antitrust lawsuit, and ChatGPT are all on deck

Ad sales sluggishness, antitrust lawsuit, and ChatGPT are all on deck

Google Alphabet Alphabet (The GoogleAnd The Google) will report its fourth-quarter earnings after the bell on Wednesday as investors and analysts look for signs that the broader digital advertising market may have bottomed out. Here’s what Wall Street can expect from the company, as compiled by Bloomberg, compared to the company’s performance in the same …

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Meta shares are up the most since 2013 in Zuckerberg's vision

Meta shares are up the most since 2013 in Zuckerberg’s vision

(Bloomberg) — Meta Platforms Inc. is on track for its biggest one-day gain in nearly a decade after CEO Mark Zuckerberg laid out plans to make the social media giant leaner, more efficient and more decisive. Most Read from Bloomberg Zuckerberg, who has spent the past year promising a distant future in a digital world …

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