Category: Real Estate

MARKETWATCH Top News

• MarketWatch First Take: The pandemic has sent people flocking to Pinterest and Snap, which could be a bad sign for Facebook
  Pinterest Inc. is seeing a boom in new users as shut-in DIYers looked for new home improvement projects during the pandemic, and its revenue benefitted from a boycott by many large advertisers of Facebook.
• Earnings Results: Visa tops earnings expectations but feels the sting from travel slowdown
  Visa Inc. saw its overall payment volume grow for its fiscal fourth quarter, but the company continued to be weighed down by the pandemic's impact on international travel.
• Market Extra: Why the Nasdaq, with its ‘work-from-home’ tech giants, just posted its worst day in 7 weeks
  Technology stocks often are a hot commodity when pandemic fears rear up. Here's why that wasn't the case on Wednesday as all three major U.S. stock indexes swooned.
• CityWatch: Shopping al fresco: New York City will allow stores to operate outside
  Storefront businesses will be able to use the sidewalk space for seating, waiting areas or displaying goods.
• Personal Finance Daily: Domestic workers are struggling even as other job sectors bounce back and how many lives a mask mandate could save
  Wednesday's top personal finance stories
• Earnings Results: Pinterest’s pandemic surge continues, stock jumps more than 25% toward fresh record highs
  Pinterest Inc. continued to experience a surge in new users during the COVID-19 pandemic, leading to larger-than-expected profit and revenue growth this summer, according to a Wednesday earnings report that sent shares on another ride toward fresh record highs.
• Earnings Results: Fast start for coronavirus drug boosts Gilead earnings, but stock sinks on forecast
  In the first quarter of sales of its COVID-19 antiviral drug, Gilead Sciences Inc. produced better profit and sales than expected, buts its beleaguered shares were hit by a reduction in its annual sales forecast Wednesday.
• Earnings Results: GrubHub orders keep piling up — but so do its losses
  GrubHub Inc. shares rose in the extended session Wednesday after the online food-ordering platform reported increased revenue that beat estimates as the pandemic continued to bolster its business, even though it posted a wider loss than expected.
• Deep Dive: Here are Wednesday’s biggest losers in the stock market as 97% of S&P 500 companies dropped
  Cruise lines took a beating as new coronavirus cases in the U.S. rose to a record.
• Key Words: Trump campaign calls ‘Anonymous’ reveal lame — and many on Twitter agree
  Miles Taylor, former Homeland Security chief of staff, wrote the anonymous New York Times op-ed against Trump in 2018