Investors are homing in on a flood of earnings reports from Wall Street’s tech and Internet giants, as the high-growth stocks that have led markets higher for years face pressures from regulation, supply-chain snags and rising Treasury yields.
Hedge funds that invested in the blank-check acquisition company that made a $875 million deal to merge with former U.S. President Donald Trump's new social media venture are set to make five times their investment, regulatory filings show.
U.S. online holiday spending is expected to grow at its slowest pace in at least eight years, as product shortages, higher prices and lingering pandemic-related uncertainties threaten to put a strain on the shopping season.
U.S. online holiday spending is expected to grow at its slowest pace in at least eight years, as product shortages, higher prices and lingering pandemic-related uncertainties threaten to put a strain on the shopping season.
Developed market equities, including U.S. technology stocks other than the so-called FAANG group, are expected to outperform next year, the global head of multi-asset at PineBridge Investments said.