Wall Street ends mixed after punishing week
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- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- 'Long-term deals significant positive for stock:' Analysts react to Micron results
- Two major earthquakes strike Venezuela, killing at least 32 and injuring hundreds
- Needham Starts NeoVolta (NEOV) at Buy
- Hertz cuts guidance, announces notes and stock offerings, shares sink
- Rockstar Games opens GTA VI pre-orders, priced at $79.99
- Rubio meets Gulf leaders, pledges security amid Iran deal doubts
Berenberg Economists See 40% Probability of Recession in US and UK, Sees 20% Probability of EU Recession
May 20, 2022 9:51 AM EDTAnalyst Jonathan Stubbs comments "In January, we highlighted the heightened risk environment, with a long list of risks falling into four broad "buckets": 1) markets - high valuations and high margins; 2) macro - inflation, supply disruption and policy error; 3) political - elections, COVID-19 and social unrest; and 4) geopolitical. Many risks... More
