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How the S&P 500 is Dominated By Apple and Microsoft
Posted inCompany Reports Computers and the Internet Federal Reserve System Microsoft Corp Pensions and Retirement Plans S & P Dow Jones Indices Standard & Poor's 500-Stock Index Stocks and Bonds

How the S&P 500 is Dominated By Apple and Microsoft

Investors in the S&P 500 are highly dependent on the fate of Microsoft, Apple and other big technology stocks. A rally in March showed how this can mask turmoil in the rest of the market.
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Posted by By Joe Rennison and Eli Murray
People Bought Crocs During the Pandemic. They Haven’t Stopped.
Posted inCompany Reports Consumer Behavior Crocs Inc Shoes and Boots Shopping and Retail

People Bought Crocs During the Pandemic. They Haven’t Stopped.

While other brands that thrived with customers in quarantine have dropped off, sales of the easily slipped-on clogs are up nearly 200 percent since 2019.
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Posted by By Jordyn Holman
WeWork Reaches a Debt Restructuring Deal With SoftBank
Posted inCompany Reports Credit and Debt Neumann, Adam Real Estate (Commercial) SOFTBANK Corporation Son, Masayoshi Stocks and Bonds WeWork Companies Inc

WeWork Reaches a Debt Restructuring Deal With SoftBank

The agreement will reduce the unprofitable office space company’s debt, giving it more financial breathing room.
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Posted by By Vikas Bajaj
An Indian tech company’s stock falls after it reveals a link to Silicon Valley Bank.
Posted inCompany Reports Nazara Technologies Silicon Valley Bank Start-ups Stocks and Bonds

An Indian tech company’s stock falls after it reveals a link to Silicon Valley Bank.

Nazara Technologies, a mobile gaming company, said two of its subsidiaries had together more than $7.7 million in balances at the failed bank.
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Posted by By Sameer Yasir

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