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Cloudflare’s stock is sinking after revenue outlook disappoints investors
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Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
Dodgers disappointed after having Webb ‘on the ropes' early
The competitor in Logan Webb shined brightest in a gritty 4-1 Giants win, especially after a tough beginning to what looked like a possible long ballgame in favor of the Dodgers.Yahoo Sports - Sports - MLB -
Sketchy Politics: Sunak's sinking feeling
The FT's UK political commentator Robert Shrimsley and deputy opinion editor Miranda Green sketch out Rishi Sunak's defectors, the fallout from the recent elections, and political drama in ScotlandFinancial Times - World -
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market's plumbing that roiled investors during the original meme-stock craze in 2021.
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market’s plumbing that roiled investors during the original meme-stock craze in 2021.The Wall Street Journal - World -
Investors Are Striking Gold All Over
Investors have rarely had it this good, with prices of everything from homes to stocks and cryptocurrencies soaring.The Wall Street Journal - World -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.MarketWatch - Business -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China
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China eases mortgage rules in latest push to aid property sector
China’s financial regulators said Friday that they would remove the mortgage rate floors for first and second homes, and lower minimum downpayment ratios for first-time homebuyers.MarketWatch - Business - China -
‘I’m weary of repeating myself’: How do I deal with rich friends who take $22,000 cruises and book $800 hotel rooms? Prices are crazy enough already.
“When one friend made a fuss over wanting to fly business class, I threatened to cancel completely.”MarketWatch - Business -
‘Is this creepy?’ I want to give my 13-year-old daughter her late grandfather’s iPhone. A refurbished model costs $200.
“It could be something to remember him by, as they were close.”MarketWatch - Business -
‘They are upset that they received nothing’: My mother excluded her late husband’s grandchildren from her will.
“‘Instead of my mother’s step-grandchildren receiving half of the estate, everything in the estate fell to me.”MarketWatch - Business -
‘Our children don’t have the discipline to manage their own money’: My wife and I have $4.5 million saved for retirement. How long will this last?
“It’s time we think of leaving a legacy for our two adult children.”MarketWatch - Business