MARKET
Zuckerberg burns some goodwill on Wall Street as he plows forward with the metaverse
Investors clearly also concerned that Meta’s spending will include a lot more on virtual and augmented reality. Source link
Read more
Rubrik prices its IPO at $32, above expected range
Rubrik Inc. priced its initial public offering late Wednesday at $32 a share. Source link
Read more
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results...
Read more
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light. Source link
Read more
How AI and EVs are boosting demand for copper
Copper prices have outperformed both gold and silver this year, as traders bet on growing, long-term needs for the industrial...
Read more
Transportation stocks sink, with industry ETF booking biggest drop since October
Transportation stocks were punished Wednesday, with sharp drops weighing on an exchange-traded fund whose top holdings include airlines, railroads and...
Read more
Social Security’s COLA formula could change under new proposal — and mean higher benefits for seniors
Using a different index to measure Social Security’s cost-of-living adjustment could better reflect senior spending Source link
Read more
Ford keeps EV losses in check, stock jumps 4%
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations. Source link
Read more
These investments will boost your net worth more than any growth stock
Why value stocks with low P/E ratios deliver long-term. Source link
Read more
Molson Coors’ gains from the Bud Light boycott have run their course, analysts say
When a conservative-led boycott hit Bud Light’s sales last year, light-beer rival Molson Coors Beverage Co. was among the brewers...
Read more
