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Do you have the people, processes, or platforms to keep up with the data deluge? Not every stock with big potential has shot through the roof this year. JPMorgan stock has outperformed since the beginning of the year. Investors expect a higher interest rate environment to be a boon for banks. Stock futures fell Friday morning to add to losses after a tech-driven sell-off on Thursday, with investors monitoring a mixed set of bank earnings and a bigger-than-expected drop in U.
Pinterest has been under significant pressure lately, as you can see in the chart above. Since peaking in early , not only has there been a notable rotation out of high-growth technology stocks, but Pinterest's user base has actually declined a bit in recent quarters.
First, Pinterest's user decline is likely a temporary headwind caused by the gradual lifting of COVID restrictions rather than any problem with the business itself. Bank stocks were mixed early Friday. The memecoin was no meme for traders shorting dogecoin on Friday.
No sooner had Rivian recovered on Wednesday from the sell-off it suffered when its chief operating officer was reported to have left the company Monday than Rivian promptly sold off again -- Thursday morning. ET, Rivian stock is down 5. There's no actual news today to explain why Rivian stock might be falling.
One veteran auto analyst stakes out a bearish view on the red-hot shares of Ford. The stock is being dragged down by the dramatic sell-offs in technology stocks and cryptocurrency assets. Sherwin-Williams shares slid in premarket trading Friday after the paint maker lowered its guidance to account for supply-chain and labor issues.
Sherwin-Williams ticker: SHW attributed the lower-than-expected earnings to a shortfall in its Americas operation, where sales slowed down due to strains in raw material availability and Covid-related labor headwinds in December.
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