Big Tech earnings preview: Apple, Amazon and Alphabet

Big Tech earnings preview: Apple, Amazon and Alphabet

Thursday is a massive day for tech investors, as Amazon, Apple and Google-parent Alphabet are all set to report fourth-quarter earnings after the market close. The Big Tech stocks have all rallied to start 2023, despite widespread layoffs in the sector and fears of an economic slowdown this year that could hurt consumer spending and … Read more

Venture capital for Black entrepreneurs plummeted 45% in 2022

Bea Dixon, the CEO and co-founder of The Honey Pot Company Courtesy: Honey Pot Company In 2016, Beatrice Dixon had finally secured a deal with Target to carry her line of feminine care products. But she had one problem: She was still making them in the kitchen of her Atlanta home, and she needed to … Read more

Jim Cramer’s top 10 things to watch in the stock market Thursday: META

My top 10 things to watch Thursday, Feb. 2, 2023 1. The Federal Reserve is saying exactly what it should say, allowing all people to dream what they want to dream. It vowed on Wednesday to keep fighting inflation and raised interest rates by 25 basis points. But the market seemed to rebound on Chair … Read more

Fanatics to start livestreamed shopping of trading cards, collectibles

New York, NY. – December 7th. Portrait for a profile on Fanatics founder & CEO Michael Rubin at his office in downtown NYC. The Washington Post | Getty Images Fanatics is moving into livestreamed shopping around collectibles and trading cards, hiring a former Snap and Alphabet executive to launch his new business later this year. … Read more

65,000 war crimes committed, prosecutor general says

War crime prosecutor of Kharkiv Oblast stands with forensic technician and policeman at the site of a mass burial in a forest during exhumation on September 16, 2022 in Izium, Ukraine. Yevhenii Zavhorodnii | Global Images Ukraine | Getty Images News | Getty Images WASHINGTON – Ukraine’s Prosecutor General Andriy Kostin said Wednesday that regional … Read more

Asia-Pacific markets mostly rise as investors digest Fed’s smaller quarter-point hike

Signs of ‘sequential acceleration’ in Hong Kong despite economy contraction in 2022: UBP Hong Kong’s economy is “in a position to return to expansion,” this year, UBP told CNBC’s “Squawk Box Asia” on Thursday. “We are seeing signs that there’s been a sequential acceleration in January. So that’s the good news,” said Carlos Casanova, UBP’s … Read more

How to get away from cruise ship crowds

Canadian Tammy Cecco wasn’t a fan of cruising. “The thought of being on a ship with thousands of other people and not being able to get off,” she said, “was something that I wanted to avoid.” That didn’t change when Cecco, a travel magazine publisher, boarded a surprise cruise booked by her husband to renew … Read more

Top analyst calls on Wednesday include AMD, Snap & Apple

Here are Wednesday’s biggest calls on Wall Street: Credit Suisse upgrades Foot Locker to outperform from neutral Credit Suisse said it sees a “profitable path” ahead for Foot Locker. “While FL’s stock is already up +15% YTD we think sentiment on the stock remains overly bearish and focused on the negative thesis of Nike pulling … Read more

How Asia’s richest man lost his crown in just a few days

Gautam Adani, billionaire and chairman of Adani Group, during an event at the Port of Haifa in Haifa, Israel, on Tuesday, Jan. 31, 2023. Adani, the Indian billionaire whose business empire was rocked by allegations of fraud by short seller Hindenburg Research, said his company will make more investments in Israel. Bloomberg | Bloomberg | … Read more

Central banks set to signal interest rate glide path in crucial week

A screen displays the Fed rate announcement as a trader works on the floor of the New York Stock Exchange (NYSE), November 2, 2022. Brendan McDermid | Reuters The US Federal Reserve, European Central Bank and Bank of England are all expected to hike interest rates once again this week, as they make their first … Read more