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In notes following Snap’s disclosure, analysts pointed to a macroeconomic story that’s playing out across the digital ad market.
The median price of a new home sold in April was $450,600, an increase of nearly 20% from the year before.
Stocks fell Tuesday as the markets struggled to sustain a comeback rally following weeks of losses.
Bill Ackman said raging inflation will only dissipate if the Federal Reserve acts more aggressively or the market sell-off turns into a full-on collapse.
“The Big Short” investor Michael Burry, known for calling the subprime mortgage crisis, is drawing parallels between today’s market environment and 2008’s.
The technology lets workers use Microsoft’s HoloLens headset on the factory floor to view digital imagery on top of the real world.
“Since we issued guidance on April 21, 2022, the macroeconomic environment has deteriorated further and faster than anticipated,” Snap said in an SEC filing.
Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year.
Stocks fell Tuesday as the markets struggled to sustain a comeback rally following weeks of losses.
The World Health Organization said Tuesday that a recent outbreak of monkeypox cases in non-endemic countries is “containable” even as it continues to confound health experts.
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