Wall Street Archives

Disney Suffers Massive $460 Million Loss in Second Quarter as Streaming Subscriptions Plummet

Walt Disney has just posted a staggering loss as subscriptions for the company's streaming service have plummeted. In the second quarter of this year, Disney suffered a $460 million loss. The company is raising the prices of its streaming services Disney+ and Hulu by as much as 27 percent. The…

Wall Street Overrules Biden Admin as Fitch Downgrades US Credit Rating

Democrat President Joe Biden's "Bidenomics" just dealt a huge blow to the American people as a major credit ratings agency issued a downgrade for the United States. Ratings agency Fitch downgraded the U.S. government’s top credit rating to AA+ from AAA. The move comes in response to an expected fiscal…

Wall St Experts Issue Warning after Biden’s Economic Gaslighting: ‘Economy Is Unwell’

Wall Street experts have issued a grim warning after Democrat President Joe Biden attempted to gaslight the American people over the gloomy economic outlook. Following a dismal gross domestic product (GDP) report on Thursday, Biden tried to claim that the economy looks hopeful. However, Wall St. executives are not buying…

Dow Jones Plummets 880 Points after Inflation Hits 40-Year High

Stocks on Wall Street have plummeted across the board after a highly anticipated inflation report and consumer sentiment survey produced shocking results. The May Consumer Price Index (CPI) report by the U.S Bureau of Labor Statistics surprised experts with a rapid rise in prices due to inflation, and bad news from the…

Wall Street Firms Turn Bearish on Stocks: ‘Winter Is Here’

More and more strategists and Wall Street firms are turning bearish on the financial markets as the sharp selloff in stocks continues. Stock market bears are claiming victory after anticipating a correction. Over the last week, the leading benchmark indexes have plummeted. On Monday, analysts at Morgan Stanley, including Michael…