Verizon and AT&T are seeing stock drops. Here’s what’s driving the selloff.
Read more at MarketWatch
Topics
-
Verizon’s stock is beating the S&P 500 this year. Here’s why that could change.
Verizon’s stock is headed for its worst two-day stretch since 2008 after a downgrade from Wolfe Research.MarketWatch - 6d -
Delta cuts its once-rosy outlook. Here’s what’s worrying the airline.
Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its current-quarter estimates, seeing trouble ahead for demand for its domestic flights.MarketWatch - Mar. 11 -
Wall Street analysts defend Capital One stock after Monday's selloff. Here's where we stand
KBW maintained its buy-equivalent rating on Capital One, calling Monday's market reaction to the report "overblown."CNBC - 12h -
Oracle won some big cloud contracts. Here’s why its stock is falling.
Oracle Corp. regaled Wall Street on Monday with talk about the future, enormous demand and some very large cloud-services contracts, but its stock continued a downward trend over concerns about ...MarketWatch - Mar. 11 -
The drugstore industry is struggling. Here’s what could be in its future.
Nearly a third of the U.S. retail pharmacies that were open from 2010 to 2020 had shuttered by 2021, study finds.MarketWatch - 5d -
Tesla shares plunge 15%, suffering steepest drop in five years
Tesla continued its downward slide on Monday, with the stock suffering its most dramatic sell-off since September 2020.CNBC - Mar. 10 -
Shares of iRobot tank 30% after Roomba maker raises doubt about its survival
The Roomba maker faces mounting debt and sputtering revenue growth, as well as heightened competition from robotic vacuum makers based in China.CNBC - 6d -
This space stock has quadrupled in a year. Here’s what could spark more gains.
Space company Rocket Lab USA Inc. is ramping up its efforts to expand beyond launch capabilities, recently announcing its new “Flatellite” satellites tailored for large orbital constellations.MarketWatch - 6d -
A 10% drop for stocks is scary, but isn't that rare
The U.S. stock market has just dropped 10% from its high set last month, hurt by worries about the economy and a global trade warABC News - 5d
More from MarketWatch
-
Investors are on edge about potential changes to the Fed’s balance sheet plan
Financial markets are not just focused on what the Federal Reserve says about the future path of interest rates on Wednesday. The markets are also on alert for changes to the Fed’s ongoing runoff ...MarketWatch - 5h -
What happens to gift cards when a chain like Forever 21 or Joann closes stores? Here’s what shoppers can do.
Fabrics giant Joann is closing, and the store has stopped taking gift cards — upsetting many customers. Here’s what shoppers should know.MarketWatch - 7h -
Tesla’s stock gets its lowest price target from a bull. It still implies 39% upside.
RBC Capital Markets cut Tesla’s expected price mark to $320 from $440 on lower projections for robotaxi and self-driving software.MarketWatch - 7h -
Trump’s reciprocal tariffs could bring stagflation — and deflate his support
Trump campaigned on bringing prices down. If tariffs spike inflation and slow U.S. growth, his popularity could suffer.MarketWatch - 7h -
Intel’s stock is on a 5-day hot streak — but it’s still below last month’s highs
Despite excitement over Intel’s new CEO, shares are still below the company’s year-to-date highs — in February, when investors were expecting an imminent breakup.MarketWatch - 7h
More in Business
-
Erdoğan’s main rival detained by Turkish police
Istanbul mayor Ekrem İmamoğlu was expected to be confirmed as main opposition challenger to presidentFinancial Times - 20m -
How 3D-printing 'microfactories' can transform plastic waste into brand new products
A new era of 3D-printing "microfactories" is helping to turn waste plastics into "highly competitive" products fit for use in the construction industry.CNBC - 50m -
Bank of England expected to keep rates on hold amid headwinds it can't fully predict or control
The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.CNBC - 50m -
China is tackling weak consumption with child care subsidies
Among the top five priorities China has laid out for boosting consumption is child care subsidies.CNBC - 57m -
Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
The BOJ's decision comes ahead of the Federal Reserve's policy meeting, where the U.S. central bank is expected to keep its benchmark interest rate steady.CNBC - 1h