The S&P 500 could nosedive 30% this year as a painful recession takes hold, top economist David Rosenberg says

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David Rosenberg
David Rosenberg.

Rosenberg Research & Associates

Tyson Foods falls after earnings tumble as inflation-weary customers are buying less meat

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Meta stock is killing it with a stunning outperformance over FAANG shares and the Nasdaq, thanks to CEO Mark Zuckerberg's 'year of efficiency' push

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Meta CEO Mark Zuckerberg
Meta CEO Mark Zuckerberg.

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Apple posted its first sales drop since 2019, but analysts say the tech titan's stock is still set to climb nearly 30% over the next year

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Tim Cook visits an Apple store in New York City on September 16.
Tim Cook visits an Apple store in New York City on September 16.

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Google will bring generative AI to Gmail. It's trying to stem the threat of the Microsoft-OpenAI alliance.

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Google Gmail
Gmail will get some AI functionality, Google parent company Alphabet said Thursday.

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Howard Schultz teased that an Italian-inspired 'game-changer' is coming soon to Starbucks — and it's 'bigger than any new promotion or beverage'

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Howard Schultz, the former CEO of Starbucks, in the company's reserve roastery in Milan wearing a grey suit.
Howard Schultz is traveling back to Italy later this month.

Starbucks

It's official: Apple is still the only tech giant to have avoided recent major layoffs or cost cuts

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Tim Cook, Apple CEO, speaking at Gallaudet University during his 2022 Commencement Speech.
Apple CEO Tim Cook didn't mention cuts in Thursday's earnings call.

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Meta is slashing its costs by another $4 billion, and investors are thrilled

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Meta said it would spend less in 2023 — and investors cheered big-time, sending the stock up nearly 19% in after-hours trade.

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Mark Zuckerberg's metaverse just keeps losing money, as Meta's Reality Labs division posts a loss of $13.7 billion for the year

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virtual reality
Reality Labs, which is Meta's division focused on the metaverse, posted a loss of $4.28 billion this quarter.

Meta

Snap plunges 11% on ugly earnings and analyst warnings that 'issues are intensifying' at the social media company

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Snapchat announced on Monday it plans on introducing mid-roll ads in select Snap Stars' public stories.

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