Morgan Stanley chief investment officer Mike Wilson warns investors are dangerously unprepared for a weak earnings season.
Musk’s loss shattered the previously existing world record: a $58.6 billion loss by Japanese investor Masayoshi Son in 2000.
Prices of Hong Kong’s residential properties plunged to a near five-year low as rising interest rates and a mass exodus of expat workers drove down prices.
Morgan Stanley top U.S. strategist Mike Wilson believes investors are on the doorstep of a deep pullback due to an acceleration of downward earnings revisions.
The country reported local infections, mostly asymptomatic, that totaled 38,421 for Monday, down from a record high of 40,052 reported for Sunday.
Far from its heady days of 300% growth during the pandemic, Zoom’s expansion is mired in the single digits and the company faces headwinds as the economy slows.
Twitter has suffered a “massive drop in revenue” because of advertisers pausing spending on the social media platform, Elon Musk said Friday.
We think it best to wait a few days for the sellers to exhaust themselves before deciding on what level may be appropriate to buy more shares.