Snap’s Warning Puts the Spotlight on Advertising. These Stocks Are at Risk.

Snap’s Warning Puts the Spotlight on Advertising.  These Stocks Are at Risk.

Shares of companies with significant advertising businesses were falling on Tuesday after social-media platform Snap alert about the current quarter. Daniel Acker/Bloomberg Text size Shares of companies with significant advertising businesses were tumbling on Tuesday, after Snap warned the prior evening that it wouldn’t meet expectations for the current quarter. A weaker economic environment and … Read more

Global Stocks Gain Ground; Crypto Steadies

Global Stocks Gain Ground;  Crypto Steadies

International stocks broadly rose in the absence of fresh news about inflation and interest rates, while US markets were closed for the Juneteenth public holiday. Stocks and bonds have been pummeled globally this year. Driving the selloff are the push by the Federal Reserve and other central banks to quell inflation, and concerns that higher … Read more

Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Text size Uncredited US stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders, and economic-data releases when investors return this week. Companies reporting quarterly results will include Lennar on Tuesday; FedEx , BlackBerry , and Darden Restaurants on Thursday; and CarMax … Read more