November 21, 2022 | Daily Business Review
Holiday Shopping Looks Anything but Festive for Retail StocksWall Street is starting to doubt that retailers can snap out of a yearlong stock-market slump as consumers increasingly tighten their belts heading into the crucial holiday shopping season.
By Katrina Lewis and Jan-Patrick Barnert/Bloomberg News
4 minute read
June 14, 2022 | Daily Business Review
Wall Street's Latest Bear Market May Be Here to Stay for a WhileWhile the last bear market of 2020 was mostly a so-called shock trade brought about by the COVID-19 pandemic, earlier ones in 2000 and 2008 took much longer to find a bottom and then recover losses.
By Jan-Patrick Barnert and Michael Msika
3 minute read
February 03, 2022 | Daily Business Review
Facebook Owner Meta Set for Biggest Wipeout in Market HistoryIt's not the first time Meta shares have dropped dramatically. The stock plunged 19% in July 2018 on a slowdown in user growth, translating to a about $120 billion decline in market capitalization.
By Thyagaraju Adinarayan and Jan-Patrick Barnert
2 minute read
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