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Finance
Snap shares drop 30% after company’s revenue miss and weak guidance
Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images…
Fed’s Neel Kashkari expects only two or three interest rate cuts this year
Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, speaks during an interview with Reuters in New York City, New York, May 22, 2023.Mike Segar |…
Stocks making the biggest moves before the bell: Snap, Uber, Chipotle, Alibaba and more
Check out the companies making headlines in premarket trading. Snap — The social media stock tumbled 32.2% on Wednesday morning, a day after the company posted worse-than-expected…
NYCB shares continue tumble after Moody’s downgrades bank’s credit rating to junk
A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | ReutersNew York Community Bank's shares continued their…
Latest news on Russia and the war in Ukraine
20 Russian missiles destroyed over and around Kyiv, officials sayUkrainian rescuers and medical staff work next to a residential building damaged as a result of a missile attack in…
Clocktower’s chief strategist says Chinese stocks will likely rally 10% to 15% from here
An investor watches a board showing stock information at a brokerage office in Beijing, China.Jason Lee | APBEIJING — Chinese stocks will likely climb by at least 10% in coming…
Biden wins Nevada Democratic primary, NBC News projects
U.S. President Joe Biden holds a campaign rally ahead of the state's Democratic presidential primary, in Las Vegas, Nevada, U.S. February 4, 2024.Kevin Lamarque | ReutersPresident…
Lawson shares surge 18% after Japan’s KDDI launches $3.4 billion privatization offer
A customer exits a Lawson Inc. convenience store in Tokyo, Japan, on Tuesday, Oct. 6, 2020.Bloomberg | Bloomberg | Getty ImagesShares of Japan's third-largest convenience store…
Ford tops fourth-quarter estimates, guides toward strong 2024
Ford CEO Jim Farley poses for a photo before announcing at a press conference that Ford Motor Company will be partnering with the world's largest battery company, China-based…
48-year-old started with $75,000 in savings and multiple maxed-out credit cards—and built a $1.1 billion company
Vita Coco started with a leap of faith, a $75,000 investment and "several" maxed-out credit cards.Today, the bestselling coconut water company is worth $1.1 billion. But it wasn't…