Tag: wall street
Apple releases torrent of updates, and Wall Street yawns
Today’s WWDC keynote from Apple covered a huge range of updates. From a new macOS to a refreshed watchOS to a new iOS, better privacy controls, FaceTime updates, and even iCloud+, there was something for everyone in the laundry list of new code. Apple’s keynote was essentially what happens when…
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Snowflake latest enterprise company to feel Wall Street’s wrath after good quarter
Snowflake reported earnings this week, and the results look strong with revenue more than doubling year-over-year. However, while the company’s fourth quarter revenue rose 117% to $190.5 million, it apparently wasn’t good enough for investors, who have sent the company’s stock tumbling since it reported Wednesday after the bell. It…
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Stocks shoot upward as ‘Phase Three stimulus passes Senate and unemployment skyrockets
Stocks soared on Thursday even as the US reported its worst unemployment numbers in fifty years of tracking data. The pain felt on Main Street is offset for investors by the Federal government opening its wallet to Wall Street, businesses and (at some point) workers in the form of the…
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