[ad_1] CNBC’s Jim Cramer on Monday went over the top-performing energy stocks in the S&P 500 this year. “While energy was the only winning sector this year, all of these stocks have come down substantially from their highs thanks to the recent declines in oil and gas. I don’t see …
Read More »Meta Platforms, Teladoc, Credit Suisse
[ad_1] Check out the companies making headlines in midday trading Thursday. Meta Platforms — The Facebook parent slumped 22.4% after issuing weak guidance for the current quarter and missing earnings estimates for the third quarter. Meta Platforms also shared its second consecutive quarterly revenue, with its Reality Labs unit losing …
Read More »Federal Reserve has given short sellers reason to push markets lower, Wells Fargo says
[ad_1] The Federal Reserve has inadvertently given short sellers the all-clear signal to pummel markets, according to Wells Fargo equity analysts led by Christopher Harvey. Stocks have been in freefall since Federal Reserve Chairman Jerome Powell delivered the message in late August that interest rates need to rise until there …
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