Wall Street Today | Fed officials signal additional rate rises are warranted to slow economy

Federal Reserve officials said they expected to keep lifting borrowing costs through at least early next year to slow the economy and bring down high inflation, pushing back against some investors’ hopes of a milder rate path. "Interest rates are higher, but they're not necessarily tight," Chicago Fed President Charles Evans says.
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$アドバンスト・マイクロ・デバイシズ (AMD.US)$ shares declined 6% in the extended session Tuesday after the chip maker's revenue forecast fell below the Wall Street consensus after posting record sales, topping Street expectations and reporting a huge surge in data-center sales.
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$ペイパル・ホールディングス (PYPL.US)$delivered a packed earnings report Tuesday, announcing a new chief financial officer, buyback authorization and cost-savings program, while also confirming that activists at Elliott Management Corp. have taken a stake in the company. PayPal shares jumped 11% in after-hours trading Tuesday.
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$ウーバー・テクノロジーズ (UBER.US)$ stock closed about 19% higher at $29.25, the best one-day performance since it soared 38% on March 19, 2020. as the ride-hailing and delivery giant's revenue and forecast beat expectations, and as it reported positive free cash flow for the first time.
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$エアビーアンドビー (ABNB.US)$ shares fell 8% in late trading Tuesday after the short-term real-estate rental service posted second-quarter results about in line with the company's guidance, but apparently not quite as good as investors had hoped.
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$ロビンフッド・マーケッツ (HOOD.US)$ is slashing about 23% of its full-time staff as the flashy online brokerage continues to reel from a sharp slowdown in customer trading activity.
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