SLB Stock Gains on Topped Forecast, $2.3 Billion Buyback

• JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive

  Fresh off a record year for profit and revenue, JPMorgan is facing questions over what CFO Jeremy Barnum admitted was excess capital.
  
  CNBC - 2d

• Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion

  Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second half of the year.
  
  CNBC - 4d

• Stock market gain that followed Trump's election win is close to being wiped out

  The S&P 500's gain since Election Day now sits at just around 0.5%.
  
  CNBC - Jan. 10

• Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.

  Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence ...
  
  MarketWatch - Jan. 10

• Micron’s stock leads the S&P 500 for 2025. Here’s why more gains could follow.

  An analyst sees big upside ahead, fueled by rapid growth in high-bandwidth memory for AI.
  
  MarketWatch - Jan. 9

• We're locking in roughly 100% gains on a stock that has fallen out of favor

  The stock has been downgraded by three analysts this week.
  
  CNBC - Jan. 8

• This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.

  Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.
  
  MarketWatch - Jan. 7
• 

  Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules

  The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.
  
  The Wall Street Journal - Jan. 3

• We're selling this stock for the first time in a year, locking in a nearly 1,000% gain

  The last time we trimmed this stock was Jan. 2, 2024.
  
  CNBC - Jan. 2

More from The Wall Street Journal

• 

  CNN Settles Defamation Suit After Jury Found It Liable for Smearing Navy Veteran in Afghanistan Evacuation Story

  News network reached a deal with Zachary Young as it was facing potentially tens of millions of dollars in punitive damages.
  
  The Wall Street Journal - 3h
• 

  Fire at One of World's Largest Battery Plants Prompts Evacuations in California

  Authorities haven’t determined what sparked the blaze.
  
  The Wall Street Journal - 3h
• 

  U.S. Sues Walgreens for Role in Opioid Crisis

  The pharmacy chain since August 2012 filled prescriptions that lacked a legitimate medical purpose, were invalid or weren’t issued in professional practice, the Justice Department said.
  
  The Wall Street Journal - 3h
• 

  Financial Services Roundup: Market Talk

  Find insight on TD Bank, Wise, Australian bank stocks and more in the latest Market Talks covering financial services.
  
  The Wall Street Journal - 3h
• 

  Energy & Utilities Roundup: Market Talk

  Read about the rig count, oil prices, Petronas and more in the latest Market Talks covering energy and utilities.
  
  The Wall Street Journal - 3h

More in Business

• TikTok says it will go dark on Sunday unless Biden intervenes

  TikTok said its services will go dark Sunday unless the Biden administration gives a definitive statement providing assurances for the app's service providers.
  
  CNBC - 8m
• 

  Jean Jennings, Who Wrote With Verve About Cars, Dies at 70

  A cabdriver and mechanic before becoming a journalist, she brought personality and adventure to a once-staid genre. She once won a demolition derby and motorcycled across China.
  
  The New York Times - 13m
• 

  Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors

  An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.
  
  The New York Times - 43m

• S&P 500 now up in 2025 after broadening rally ahead of Trump inauguration

  The U.S. stock market broadened its rally this week, with all S&P 500 sectors booking weekly gains, as investors appeared relieved by interest rates in the bond market reversing some of their ...
  
  MarketWatch - 1h
• 

  Supreme Court Backs Law Requiring TikTok to Be Sold or Banned

  The company argued that the law, citing potential Chinese threats to the nation’s security, violated its First Amendment rights and those of its 170 million users.
  
  The New York Times - 2h