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Business & Markets · United StatesBroad gains led by technology stocks pushed Wall Street to more records. The S&P 500 set another all-time-high Tuesday. The gains mirror much of the action from the previous year, when big technology stocks often drove the market to a series of records.
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Wall Street reaches more records on more gains by Big Tech
50% Center coverage: 54 sources
Stock Markets · OrlandoNEW YORK (AP) — Wall Street’s hot start to the year is cooling a bit on Wednesday. The S&P 500 rose 0.3%, adding to its latest all-time high. Roughly 70% of stocks within the benchmark index were losing ground though, and the gains were coming mainly from several influential technology companies. The Dow Jones Industrial Average dropped 68 points, or 0.1%, from its own record set the day before, while the technology-heavy Nasdaq composite was up…See the Story
Wall Street’s hot start to the year cools as stocks drift
88% Center coverage: 18 sources
Wall Street · United StatesGameStop is providing details on a new compensation package for CEO Ryan Cohen that is dependent on him meeting certain “significant” performance targets.The video game retailer said in a regulatory filing on Wednesday that Cohen would have to grow its market capitalization to $100 billion and it would need to hit $10 billion in cumulative performance EBITDA — or earnings before interest, taxes, depreciation and amortization — for his award to f…See the Story
GameStop details CEO's compensation package which doesn't include any guaranteed pay
50% Center coverage: 14 sources
