October 6 2022 🕓 3 min
Dow Jones tries to stay above 30,000 USD
Stocks trade today without a clear direction, but volatility persists as Dow tries to stay above 30,000 mark.
Market Movers
October 6 2022
Semtech stock dips 10%
Semtech shares dropped by 10% in a single day. Semtech Stocks are trading lower after the company announced a $250 million convertible senior notes offering. The stock is down 68% so far this year.
October 6 2022
US initial jobless claims grow
The number of Americans submitting new applications for unemployment benefits increased by 29,000, reaching 219,000. The number increased from the five-month low. This was significantly higher than the forecast at 203,000, pointing to a possible easing of labor market conditions.
October 6 2022
Former Terra employee arrested
After months of investigation, South Korean police have reportedly caught Yoo Mo. He is the first captured person involved in the Terra blockchain ecosystem collapse. Yoo Mo was the head of business and has done market making in his time.
October 6 2022 🕓 3 min
Papa John’s faces mounting issues, shares fall
This article discusses the issues facing Papa John's Pizza, and whether investors should avoid the stock.
October 3 2022 🕓 2 min
Tesla delivers record number of vehicles in Q3
Tesla delivered 35% more vehicles to customers in Q3 than in Q2. However, it's still less than expected and the stock is falling.
October 3 2022 🕓 3 min
Credit Suisse drops 10% amid market speculations
Investors are worried that the spike in credit default swaps may worsen the situation and cause a lot of problems.
October 1 2022 🕓 3 min
Is there an end to Meta’s rapid growth?
Meta Platforms will reduce the number of employees for the first time since its foundation. Budgets will be cut for most teams.
September 30 2022 🕓 3 min
S&P 500 tries to stay above major support
Bulls are trying to defend major support. If they fail, further declines could follow.
September 29 2022 🕓 3 min
DAX erases Wednesday’s gains, remains bearish
Another batch of week data and rising inflation sent EU stocks lower.
September 27 2022 🕓 3 min
S&P 500 bounces from a strong level
Big banks are turning bearish on US stocks as the S&P 500 index dropped to its June lows.