U.S. natgas plunges to lowest since December 2020 as temps set to rise (NYSEARCA:UNG)

[ad_1] straga/iStock via Getty Images U.S. natural gas futures extended their sharp slide to a 25-month low Friday on forecasts for milder winter weather than expected over the next two weeks. Meteorologists expect the extreme cold currently slamming parts of the U.S. will end by February 4 with average temperatures climbing to mostly above-normal levels … Read more

Amazon stock falls as least profitable holiday quarter since 2014 leads to its worst annual loss on record

[ad_1] Amazon.com Inc. reported its least profitable holiday quarter since 2014 on Thursday, leading to the biggest annual loss on record for the e-commerce giant, which also disappointed Wall Street with its forecast amid concerns about cloud growth. Amazon AMZN, +7.38% reported a holiday profit of $278 million, or 3 cents a share, down from … Read more

The $100 billion Facebook rebound: Meta stock set for best day since 2013

[ad_1] Meta Platforms Inc. changed its narrative in a big way this week, and that’s resonating on Wall Street. Three months ago, Chief Executive Mark Zuckerberg and his leadership team sounded fairly defiant as they laid out big spending plans despite economic angst, an attitude that helped send shares toward one of their worst days … Read more