August 31, 2022

Top stocks after hours: Netflix, Snap, CrowdStrike and more

Snap (SNAP), Netflix (NFLX): Netflix has hired two ad executives from Snap. Snap Chief Business Officer Jeremi Gorman and Vice President of ad sales Peter Naylor will be joining the streaming giant in September. Netflix COO Greg Peters said, “Jeremi’s deep experience in running ad […]
August 31, 2022

HP earnings miss estimates as slowing economy takes its toll

The post COVID-19 PC hangover has found its way to the doorsteps of computing giant HP Inc. after making stops at rival Dell and chipmakers like Intel. HP saw fiscal third-quarter sales fall 4.1% from a year ago, pushed lower by a 32% decline in […]
August 30, 2022

Some luxury consumers are ‘utterly immune’ to inflation: Former LVMH exec

As the U.S. continues to wrestle with economic uncertainty and inflation, demand for luxury goods has remained strong. But that may be starting to change, at least for part of the luxury market. According to Pauline Brown, former LVMH Chairman of North America, there are […]
August 30, 2022

Housing expert: ‘This might be the worst time you could buy’

“From an affordability perspective, this might be the worst time you could buy because mortgage rates have spiked quite a bit,” told Chistopher Mayer, co-director of the Paul Milstein Center for Real Estate and professor at Columbia University. Mortgage rates have jumped by more than […]