Day: March 8, 2023
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Stocks Making the Biggest Moves Midday: Salesforce Macy, Dollar Tree and More
Salesforce and Macy’s shares rise on positive earnings reports, while Dollar Tree and Silvergate Capital are downgraded. Box and Snowflake also report mixed results.
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Rick Rieder predicts Fed may raise rates to 6%, leading to stock market decline
BlackRock’s Rick Rieder predicts Fed may raise rates to 6%, leading to stock market decline. Powell warns against premature loosening.
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Meta Layoffs to Affect Thousands Amidst Worker Anxiety
Meta Platforms Inc. is reportedly planning to lay off thousands of employees based on financial goals, causing anxiety among workers.