The Snap stock price crashed to a record low and flipped a crucial support level for the first time ever. It dropped to an all-time low of $5.9 after the company published its financial results and launched a large share buyback, a sign that the management expects it to rebound. Snap launches a share buyback
Alphabet stock (NASDAQ: GOOGL) plunged over 7% in the pre-market trading on Thursday, despite beating revenue and profit estimates for the fourth quarter. The sharp sell-off came despite some impressive milestones like cloud and search firing and annual sales topping 400 billion dollars for the first time. The investor caution began once executives unveiled a
The number of Americans filing new applications for unemployment benefits rose more than expected last week, highlighting short-term disruptions from severe winter weather even as the broader labour market continues to show signs of resilience. Initial claims for state unemployment benefits increased by 22,000 to a seasonally adjusted 231,000 in the week ended January 31,
US stocks head into Thursday’s session on the back foot after another bruising tech selloff knocked Wall Street’s most popular trades off their pedestal. The S&P 500 dropped around 0.46%, while the Nasdaq Composite slid about 0.6%, extending a sharp two‑day retreat in high‑growth names. The Dow Jones Industrial Average shed roughly 240 points, or
As investors concentrated on political developments and a packed schedule of corporate earnings, Ibovespa futures were trading higher on Thursday, indicating a cautiously optimistic tone in Brazilian markets. The February futures contract was up 0.17% at 182,705 points at 9:07 a.m. Brasília time. According to local media outlet InfoMoney, most of the market’s focus was
One can’t move the male parent. One has to find one that commits. That’s the mismatch issue. Harvard economist and 2023 Nobel Laureate Claudia Goldin wasn’t speaking about modern relationships in the abstract; she was diagnosing why birth rates are collapsing across the developed world. In an email conversation with Invezz, she reveals an uncomfortable
The leading cryptocurrency stories in Latin America this week point to a region in transition. Fintech giant Revolut launched full banking operations in Mexico. In Venezuela, Interpol carried out a major crackdown on a cross-border cryptocurrency scam linked to Generation Zoe. Meanwhile, El Salvador strengthened its Bitcoin strategy by introducing new tax incentives for foreign
President Donald Trump has nominated Kevin M. Warsh as the next chair of the Federal Reserve, setting the stage for a contentious confirmation battle and renewed debate over the central bank’s independence. Warsh, a former Fed governor who served from 2006 to 2011, emerged ahead of several high-profile contenders, including White House economic adviser Kevin
China is turning to services and experiences as a new lever to revive domestic demand, as weak household confidence, a prolonged property slump, and slowing exports weigh on the world’s second-largest economy. On Thursday, the State Council released a work plan aimed at boosting services consumption over the coming years, spanning cruise and yacht tourism,
Bitcoin fell sharply in early Saturday afternoon trading in New York, sliding below the $80,000 mark to levels last seen in April 2025, as geopolitical shocks and fragile market structure combined to accelerate losses. Geopolitical shock hits risk appetite The move extended a drawdown that has now wiped more than 30% off the value of