Sell Carvana after the stock’s monster move this year, Morgan Stanley says
Analyst Adam Jonas downgraded shares to underweight from equal weight in a Wednesday note.
Wall Street analysts become even more bullish on Meta after its latest earnings report
Analysts from some of Wall Street’s biggest firms raised their price targets on Meta shares.
Amazon cuts jobs at Fresh grocery stores
Amazon CEO Andy Jassy has pressed pause on some Fresh and Go store expansion as the company revamps its brick-and-mortar grocery strategy.
Meta’s Reality Labs has now lost more than $21 billion since the beginning of last year
Meta continues to lose money building the metaverse as Reality Labs records a second-quarter operating loss of $3.7 billion.
Chipotle shares slide as sales fall short of Wall Street’s expectations
Chipotle’s stock has climbed 50% year to date, but it fell after the company reported second quarter earnings.
Morgan Stanley’s top picks for the rest of earnings season
Take a look at the stocks Morgan Stanley said could rise on positive tailwinds this earnings season.
Here’s what the Federal Reserve’s 25 basis point interest rate hike means for your money
Everything from mortgages and credit cards to student and car loans has been affected by the Federal Reserve’s rate hike cycle.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in June.
Boeing’s Starliner losses total $1.5 billion with NASA astronauts still waiting to fly
Since 2014, when NASA awarded Boeing with a fixed-price contract to develop Starliner, the company has recorded losses on the program almost every year.
Mega Millions jackpot hits $910 million. Here’s the tax bill if you win
The Mega Millions jackpot has grown to $910 million. Here’s what the winner can expect to pay in taxes.
