The stock prices of International Business Machines Corporation (NYSE: IBM) jumped in the extended trading on Monday after the technology conglomerate continued to surpass Wall Street expectations. It has been a roller-coaster ride for IBM stock for quite some time. It bounced back from a year low a few months…

After a disastrous last year impacted by lackluster sales of its Covid-19 vaccine NVX-CoV2373, the shares lost a brutal 95% of their value; Novavax (NASDAQ: NVAX) investors will be hoping for a quick turnaround in 2023 for the vaccine maker. Novavax Inc. stock price jumped by 6.67% in the first…

After a dropping U.S. inflation pace, the six largest U.S. financial enterprises reported their fourth-quarter earnings (Q4), surpassing Wall Street expectations. The U.S. equity markets responded positively to the earnings data, where the S&P 500, Dow Jones Industrial Average, and Nasdaq-100 ended the week with a +2.67%, +2.00%, and +4.54%…

The U.S. inflation pace is slowing down, having reached 6.5% in December 2022 on a year-over-year basis. Last year, the U.S. economy endured a high inflation rate not seen in a four-decade period. After aggressive rate hikes by the Federal Reserve (Fed), it has been dropping for six straight months…

After rising at the end of the year, mortgage rates dropped sharply last week. That drove demand from current homeowners hoping to save on their monthly payments, but it did little to excite potential homebuyers. As a result, total mortgage application volume rose just 1.2% last week compared with the…

To recapture the value lost last year, investors must preserve their capital in 2023 against the apparent risk factors attached to their portfolios. …

Apple’s App Store growth has plateaued as per the annual Apple App Store Earnings Report released last week. Apple mentioned it had paid $325 billion to developers, up from $265 billion as of last year, a jump of nearly $60 billion. …

Take-Two Interactive Software Inc. stock (NASDAQ: TTWO) witnessed a jump in the after-hours trading session on Monday as the software company tried to make a turnaround in 2023 after a lackluster last year. …

During 2022, financial markets experienced the adverse impact of inflation at its highest pace since the 1980s. The U.S. equities entered a bear market due to the rapid rate-hikes as a response by the Federal Reserve against inflation. The Russell 2000 lost nearly 22% last year, signifying massive value deterioration…