2024-03-20T16:37:52Z
The top four messaging apps — Facebook's Messenger, WhatsApp, WeChat, and Viber — now claim nearly 3 billion monthly active users combined.
Tech
2024-02-14T00:36:07Z
Wall Street reacted to Lyft's erroneous profit margin forecast, sending the stock up more than 60%.
"Recessions—or the threat thereof—should be bought, not sold, notwithstanding the swirl of negative macro news," BofA's Joseph P. Quinlan said.
"While no one stopped the music for the better part of the last 15 years, this game of macroeconomic musical chairs cannot go on forever."
"I'm advising buyers to lock in a mortgage rate as soon as they drop to a number where they can make the math work," a Redfin agent said.
The Russell 2000 is pricing in a 97% probability of a recession, while 5-year Treasurys put the odds at 15%, according to JPMorgan.
The 10-year Treasury yield touched a fresh 16-year high Wednesday, but Barclays strategists argue there's room for it to keep rising.
Long-duration Treasurys will see prices rebound in the first half of 2024, when a recession will likely hit, Jeffrey Gundlach wrote in a note.
"We didn't have inflation for 40 years, so everyone sort of forgot about that bond-bad inflation outcome," Wharton's Jeremy Siegel told CNBC.
From the Midwest to the Gulf Coast, 130 million people have been under extreme-heat alerts as temperatures soar into the 100s but feel even hotter.
Realtor.com has reassessed its prior outlook, and now expects to a 0.6% drop in home prices and a 0.9% dip in rent for this year.
Russia's economy is suffering from Western sanctions imposed after the Ukraine invasion – and new measures from the EU are looming.
Goldman Sachs, Morgan Stanley, the World Bank, and IMF disagree on how the Russian economy is doing.
Housing affordability and remote work opportunities could drive buyers towards the southeastern states during a tumultuous year for real estate.
"The data at hand do not point to an abrupt plunge in activity" in Russia, JPMorgan said, "at least for now."
Ulta Beauty shares slide after light earnings guidance and as CEO Mary Dillon plans to transition from the role.
Wood's ARK Invest runs five ETFs that all returned more than 100% in 2020. It raked in $20 billion last year, bringing total AUM to $50 billion.
The UK economy will contract again in the first quarter, after recovering at the end of 2020, after a new lockdown to stop the spread of COVID-19.
"The goal from the beginning was to shine a spotlight on the issues," Homebase founder and CEO John Waldmann told Business Insider.
The S&P 500 surged in the last minutes of trading Monday to erase its year-to-date losses as investors cheered the economic reopening.