Unity Software Inc. – Jahanagahi
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Markets

Stock market’s dismal performance is ‘part of the fight against inflation,’ Jim Cramer says

CNBC’s Jim Cramer said Wednesday that while the hot consumer price index suggests the Federal Reserve is losing in its struggle against inflation, the dismal performance of stocks, particularly in the Russell 1000, offers a different view. “When I talk about the Fed winning or losing the fight against inflation, I mean the fight to […]

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Markets

Unity Software loses $5 billion in market cap after Apple’s changes lead to ‘self-inflicted wound’

Unity Software Inc. executives thought they had found a way to avoid fallout from changes in Apple Inc.’s mobile operating system. It turns out they were wrong, and Wall Street punished Unity U, -35.25% stock for it Wednesday. Shares shed more than a third of their value, worth roughly $5 billion in market capitalization, and […]

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Business

Wendy’s, Krispy Kreme, Perrigo and more

Check out the companies making headlines before the bell: Wendy’s (WEN) –Wendy’s reported adjusted profit of 17 cents per share, 1 cent below estimates, with revenue and same-store sales also missing analyst forecasts. The restaurant chain is seeing a negative impact from higher costs for supplies and labor, and its shares slid 3.4% in premarket […]