According to estimates provided for Reuters by research firm Pathmatics, top Twitter advertisers cut their spending following Elon Musk's acquisition, the latest jolt to the company's primary revenue source.
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The American government presented its idea of "worker-centric" trade. China made the "all-round opening up" vow. Europe has spoken of its desire for strategic independence. And industrial policy is no longer a terrible phrase since it is supported by a lot of governmental money.
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In large part because of its enormous push into consumer sectors, Goldman Sachs' (NYSE:GS) Q4 earnings declined more than anticipated.
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As JMP Securities downgraded the social network and camera startup on Tuesday, citing a fall in time spent in the U.S., Snap (NYSE:SNAP) shares dropped by about 2% in premarket trade.
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The Credit Suisse best-of-the-best selections list now includes three additional stocks, bringing the total for January to five.
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Pre-bell on Friday, the iShares Semiconductor ETF SOXX and the Technology Select Sector SPDR Fund XLK both had declines of more than 1%.
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In premarket trading on Thursday, shares of Wix.com (NASDAQ:WIX) increased more than 1% as RBC Capital Markets upgraded the website development company, noting its pricing power and solid free cash flow position.
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