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Blackberry stock slips after results top Street view

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Blackberry stock slips after results top Street view

BlackBerry Ltd. shares ticked lower in the extended session Thursday after the cybersecurity and IoT company posted a slight beat to Wall Street expectations. BlackBerry  BB, +0.94% shares declined 1.5% after hours, following a 0.9% rise in the regular session to close at $5.37. The company reported a first-quarter loss of $181 million, or a … Read more

Consumer-Staples Stocks Take Their Turn in Limelight

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Consumer-Staples Stocks Take Their Turn in Limelight

Investors are rediscovering the charms of boring stocks. Anxieties over the Federal Reserve’s plans to tame inflation by raising interest rates have buffeted the stock market, sending the S&P 500 down 13% this year and 8.8% in April alone. Technology stocks have faced particularly intense pressure, leaving the Nasdaq Composite off 21% for the year … Read more