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A tumultuous quarter just ended. Here are the highlights, lowlights, and everything else. Top 5 YTD Bottom 5 YTD Software stocks: Loser Oil and oil stocks: Winner The 'Magnificent 7': Lose...
Last amazon.com, inc. earnings: 4/30 04:01 pm
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What we're reading Economic data releases and earnings The year kicked off with the S&P 500 ( ^GSPC ) in the 6,850s and a general feeling of bullishness. Three months later, and quite a lot has happened. First off, the S&P 500 lost 4.8%, the Dow ( ^DJI ) 4.2%, and the Nasdaq ( ^IXIC But perhaps not surprisingly, many of the narrative plot points of the year's first quarter have been the old standbys — just turned on their head. Here's our quarter in review, starting with the broad strokes. The Fed and the economy What a difference a few months can make. That's as true for the Fed as it is for so many things touched by the economy this year. What started as a January pause in rate cuts amid the Fed's view that consumer spending and the unemployment rate were healthy and stabilizing quickly slid into a more precarious situation as inflation remained stubborn, even before a war with Iran led to an oil blockade and shock. Now, instead of eyeing the next cut, Wall Street is
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- Amazon partners up with Delta to provide high-speed internet [Yahoo! Finance Canada][Yahoo! Finance Canada]
- Big Tech Faces Another Large Round of Layoffs. This Time It's Oracle. [Yahoo! Finance][Yahoo! Finance]
- US Corporate Taxes Drop $65 Billion After Trump's $3.4 Trillion Tax Law [Yahoo! Finance][Yahoo! Finance]
- Oracle Reportedly Lays off 30,000 Workers as Company Increases AI Spending [Yahoo! Finance][Yahoo! Finance]
- FedEx's Same-Day Delivery Rollout is More About Optionality than Speed [Yahoo! Finance][Yahoo! Finance]
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