Tilray’s stock slumps as cannabis and beer maker plans to cut its drinks lineup
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IGM Biosciences to cut 73% of workforce as latest pivot fails to pan out, sending stock down 69%
IGM Biosciences is again cutting staff as it scraps an autoimmune-drug trial after failing to achieve the desired results.MarketWatch - 5h -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - 1d -
Tesla faces more risk than its stock reflects, prompting a downgrade
Tesla Inc.’s stock slipped 3.4% Tuesday, after Bank of America downgraded the stock to neutral from buy, arguing that it already reflects the long-term potential of such items as robotaxi and ...MarketWatch - 3d -
This space stock is up on new orders for its satellite networking technology
Shares of Gilat Satellite Networks ended Monday’s session up 9.8% after the Israel-based company said that it has received $9 million in orders from major satellite operators.MarketWatch - 3d -
Experience: I paid £55,000 for a beer
When I asked for the receipt, the bartender printed it out and put her hand over her mouth. I’m a cricket journalist from Sydney, and in 2019 I was in Manchester to cover the Ashes. After dinner, I ...The Guardian - Jan. 3 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
Carvana slammed by Hindenburg, and the stock pauses its meteoric rise
Carvana Co. stock closed about 2% lower on Thursday after a scathing short-seller report called the company’s turnaround a “mirage,” after initially adding to gains that have topped 300% in the ...MarketWatch - Jan. 3 -
NHS, education, housebuilding . . . Labour’s progress so far and its plans for 2025
First six months of new year will prove crucial to Keir Starmer’s ambition to drive ‘change’Financial Times - Jan. 1
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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 - 17m -
Shares in TikTok’s rivals gain as Supreme Court weighs U.S. ban for social-media app
The shares of publicly traded companies that compete with TikTok were gaining Friday as the video-sharing platform’s attorney faced tough questions from Supreme Court justices during oral arguments ...MarketWatch - 27m -
Major corporations are rushing to issue bonds as Treasury yields spike
Higher bond yields are spooking stocks, but retirees are helping to drive demand for annuities and corporate debt.MarketWatch - 34m -
Nvidia’s stock is down 9% from its recent record. That shows the short term is winning out for now.
Nvidia’s stock is off 9% from an all-time high hit earlier this week, with investors focused more on the here and now than on new eye-popping projections of market opportunity.MarketWatch - 35m -
Bitcoin may fall 20% to $73,000 if it breaks below this key support level
Bitcoin may face a downside potential to $73,000 if it breaks below its support level at around $90,680, according to Kim Kramer Larsson, analyst at Saxo Bank.MarketWatch - 42m
More in Business
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Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
Allstate, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.CNBC - 10m -
Trump's election market bump close to being wiped out
The S&P 500's gain since Election Day now sits at just around 0.5%.CNBC - 14m -
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 - 17m -
These 2 retail stocks are bucking the market sell-off, and we're downgrading a tumbling name
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - 19m -
Trump sentenced to unconditional discharge in New York hush money case, avoiding jail
The "unconditional discharge" sentence comes 10 days before Donald Trump is due to be sworn in for a second nonconsecutive term in the White House.CNBC - 22m