Stocks gain following FOMC minutes
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StreetInsider.com Top Tickers, 1/31/2023
- Wall St gains over 1% after encouraging inflation data with Fed next
- Snap shares plunge 14% following Q4 report, warns of sales drop
- ExxonMobil gains following record profit, 'solid execution'
- AMD shares rise after Q4 report that beat expectations for revenue, EPS
- Match (MTCH) slumps on Q4 miss and lower guidance
- Upstart Holdings (UPST) to lay off 20% of workforce due to current macro headwinds
- General Motors (GM) Invests $650M in Lithium Americas (LAC), Enters Supply Agreement
- HubSpot (HUBS) plans reduction of workforce by approximately 7%
- Whirlpool (WHR) Announces COO Departure
- Johnson & Johnson shares tumble on reports talc unit bankruptcy case dismissed by appeals court
- After-hours movers: Snap and Match sinks on weak outlooks, AMD gains on EPS
- Midday movers: General Motors, McDonald's, Pfizer and more
- Pfizer, McDonald's fall in premarket, International Paper, UPS jump
- After-hours movers: NXP falls following results, Whirlpool gains
- Exxon Mobil, Pfizer, McDonald's earnings: 3 things to watch
Stay bearish risk assets in coming months - Bank of America's Hartnett
November 25, 2022 8:12 AM ESTBank of America strategists led by Michael Hartnett urged the firms clients to stay bearish on risk assets in the first half of 2023.
Investors seeking to play a major rebound in beaten-down tech stocks should wait until the second half of the year, the strategists said. Hartnett sees a change in the narrative, from... More