‘Nowhere to hide?’ Why stagflation fears put stocks on verge of a bear market

‘Nowhere to hide?’  Why stagflation fears put stocks on verge of a bear market

It will take more than Friday’s big bounce to put to rest the fear of a bear market in stocks as uncertainty about the Federal Reserve’s ability to get a grip on inflation without sinking the economy stokes fears of stagflation — a pernicious combination of slow economic growth and persistent inflation. Stagflation is “an … Read more

Facebook earnings beat sends Meta stock soaring, but sales hit slowest growth in a decade

Facebook earnings beat sends Meta stock soaring, but sales hit slowest growth in a decade

Meta Platforms Inc. is the latest tech giant to feel an economic pinch, as Facebook’s parent company reported its slowest sales growth in a decade Wednesday and issued lukewarm revenue guidance. “The revenue headwinds” will likely lead to a slowdown in investments, Meta Chief Executive Mark Zuckerberg said in a webcast presentation with analysts late … Read more

Microsoft beats on earnings after raising prices for Office; stock jumps after strong forecast

Microsoft beats on earnings after raising prices for Office;  stock jumps after strong forecast

Microsoft Corp. eclipsed profit and sales estimates and produced stronger-than-expected revenue across all of its business segments in an earnings report Tuesday, and shares jumped after executives’ forecast beat estimates as well. Microsoft MSFT, -3.74% reported fiscal third-quarter earnings of $16.73 billion, or $2.22 a share, up from $2.03 a share a year ago. Revenue … Read more