The resulting positive wealth effect is undoubtedly boosting consumer spending, especially of retiring baby boomers, who are enjoying the windfalls in the value of their stock portfolios and homes.
On Feb. 3, 2022, Meta Platforms set a new record for the largest single-day decline in market capitalization with a loss of $232 billion after a disappointing quarterly earnings report, eclipsing ...
Drug maker Moderna's stock plunged more than 17% in pre-market ... The company blamed weak demand for its COVID-19 vaccine shots and a slow launch of a new RSV vaccine. Moderna announced that ...
Will 2025 be China’s year? Chinese stocks sprang higher in the fourth ... even during the years of covid-19. We expect the company’s average annual adjusted ROICs will exceed its weighted ...