These 20 stocks in the S&P fell a staggering 21.5% in another brutal week for the market

Another difficult week for US equities ended with a fall in oil producer shares and a further decline in Ford Motor Co. due to supply shortage concerns. The S&P 500 SPX, -1.72% fell 1.7% on Friday for a one-week decline of 4.6% as investors continued to worry about the Federal Reserve’s rate hikes to dampen … Read more

Utility stocks have beaten the market. Now they look expensive.

Utility stocks, a historically defensive sector of the market, did their job this year, delivering positive total returns as the S&P 500 index has fallen sharply. Now it may be time to rotate out of them. The Utilities Select Sector SPDR The exchange-traded fund (ticker: XLU), which fell 1.5% to $73.87 Tuesday afternoon, has a … Read more

Google loses most of its appeal over EU’s Android decision

BRUSSELS-Alphabet Google suffered legal blows on two continents this week, a significant setback in the company’s efforts to fight allegations that it is abusing its dominance in digital advertising and on mobile phones. The General Court in Luxembourg on Wednesday largely upheld a 2018 EU competition regulator decision fined Google $4.33 billion for allegedly abusing … Read more

5 reasons entrepreneurs should consider writing a book

Opinions expressed by Entrepreneur contributors are their own. You are an entrepreneur. You’re looking for ways to boost your platform and draw attention to yourself and your nascent brand. As a culture, we tend to elevate authors as titans of thought who have achieved what few others have ever done. So writing and publishing a … Read more

What did retail investors do during Tuesday’s stock market sell-off? Here’s a clue: they’re ‘generally a contrarian gang’

When others looked for the exits during Tuesday’s sell-off, many retail investors saw an entrance to more future profits – but where did they get in? According to Vanda Research, daily investors bought $2 billion worth of stocks and ETFs on Tuesday as stock markets fell sharply on higher-than-hoped inflation numbers in August. It was … Read more

The Meta Meltdown: This Chart Shows Facebook’s Fall Among the Most Valuable US Companies

Haunted by competitive and macroeconomic threats, Meta Platforms Inc. into the ranks of the largest American companies. After a 9.4% daily drop in its stock, Meta META, -9.37% Ranked 10th by market value as of Tuesday’s closing price, under Visa Inc. v, -3.37% for the first time since early August. Meta, the parent company of … Read more

These five stocks in the S&P 500 lost nearly half a trillion dollars in value in one day amid widespread wipeout

A drop in gasoline prices failed to mask the problem that startled investors on September 13: core consumer prices rose rapidly again in August. Fearing the Federal Reserve’s continued tightening of monetary policy to fight inflation, the Dow Jones Industrial Average sent DJIA, -3.94% down 1,276 points (or 3.9%) to 31,104, with all 30 components … Read more

Stocks fall on warmer-than-expected inflation data

The Dow Jones Industrial Average fell more than 1,000 points on Tuesday after warmer-than-expected inflation data dashed investors’ hopes that cooling price pressures would prompt the Federal Reserve to moderate its campaign of rate hikes. Investors sold everything from stocks and bonds to oil and gold. All 30 stocks in the blue-chip average fell, as … Read more

Artificial intelligence and the future of marketing

Marketing is one of the areas of business that is widely predicted to bring massive changes to artificial intelligence (AI). In fact, a study by McKinsey found that, besides sales, this is the only business function where it will have the most financial impact. This means that if you’re a marketer and you don’t use … Read more

Mortgage rate reaches 5.89%, highest level since 2008

Updated September 8, 2022 10:18 AM ET Listen to article (1 minute) Mortgage rates hit their highest level in nearly 14 years this week, another blow to the rapidly cooling housing market. The average interest rate on a 30-year mortgage rose to 5.89%, reaching an earlier June high, according to a weekly survey by Freddie … Read more