Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about the decision to “move out low performers faster” in a memo posted on the company’s internal Workplace forum ...
The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an impact in the business world, according to Goldman Sachs CEO David Solomon. The bank executive said on a conference call Wednesday that ...
Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket sales were down just 3.4% from 2023, reaching $8.74 billion, a far cry from the nearly 27% shortage seen at the ...
S&P 5850 has been the most important “line in the sand” for stocks since the pullback from the 6000 level in November 2024. With the SPX closing below that 5850 level on Friday, we see further corrective pressures with the 200-day ...
Gold has been in the headlines over the last few months, perhaps more so now than in years. This heightened attention stems from shifts in global conditions, including worldwide inflation, escalating geopolitical tensions, a surge in central bank gold purchases, ...
Will small cap stocks finally take on a leadership role in 2025? In this video, Dave provides a thorough technical analysis discussion of the Russell 2000 ETF (IWM) and how that compares to the current technical configuration of the S&P ...
The December Producer Price Index (PPI) came in cooler than expected, as equities rose in early trading, sold off, and then rebounded. The Dow Jones Industrial Average ($INDU), S&P 500 ($SPX), S&P 400 Mid-Cap Index ($MID), and S&P 600 Small-Cap ...
The Israeli government and Hamas say they are in the final stages of indirect talks over a deal for a ceasefire and the release of hostages held in Gaza and Palestinian prisoners held by Israel. The agreement is set to ...
Catherine, Princess of Wales revealed on Tuesday that she is in remission from cancer, following a visit to the London hospital where she was treated last year. Catherine, in a post on social media, spoke of her “relief to now ...
South Korean authorities investigating President Yoon Suk Yeol have arrived at his official residence in a second attempt to detain the embattled leader for questioning over his short-lived declaration of martial law last month, according to South Korea’s Yonhap news ...