Latest in GM’s and Ford’s stocks drop after Jeep owner Stellantis cuts profit margin view
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Trump media stock ‘DJT’ drops as president-elect moves entire $4 billion stake to revocable trust
Trump Media & Technology Group Corp.’s stock fell about 6% Friday after Donald J. Trump transferred his entire $4 billion stake in the company into a revocable trust, according to filings.MarketWatch - 1d -
Uncertainty for Farmers, Business Owners After Billions in Disaster Relief Falters
Spending bill rejection means no disaster relief for those affected by Hurricanes Helene and Milton.Inc. - 2d -
Nike CEO Elliott Hill outlines new strategy after retailer blames promotions for declining revenue and profit
Nike beat Wall Street's expectations on the top and bottom lines under new CEO Elliott Hill.CNBC - 2d -
Stocks slide as US central bank signals slower pace of rate cuts
The Federal Reserve warned it would be cautious about more interest cuts in the face of inflation concerns.BBC News - 3d -
Fed cuts rates but ‘hawkish’ forecast hits stocks and sends dollar jumping
US currency hits strongest level in two years after central bank signals only half a percentage point of reductions in 2025Financial Times - 3d -
Stock market plummets after Fed forecasts fewer rate cuts in 2025
The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.CBS News - 3d -
Stocks drop sharply after Fed cuts interest rates and signals more cautious approach next year
The DOW dropped more than a thousand points despite a cut in interest rates today. Markets reacted to Fed Chair Jerome Powell indicating a slower pace of cuts than previously expected next year. ...NBC News - 3d -
Stocks Plunge as Fed Forecasts Fewer Rate Cuts Next Year
The Federal Reserve cut rates for a third time this year, but investors shuddered at revised forecasts suggesting only two cuts in 2025.The New York Times - 3d -
After taking morning profits, we're afternoon buyers of 2 stocks in an oversold market
This is our second trade alert of the day.CNBC - 4d -
Trafigura under fresh scrutiny after scandals hit profits
Commodities trading house hit by repeated failures of risk controls that have taken financial and reputational tollFinancial Times - 5d -
Super Micro slides 8% after stock is dropped from Nasdaq 100
Super Micro is exiting the Nasdaq 100 after just five months in the index.CNBC - 5d -
Here’s why Ford’s stock could continue lagging GM’s stock
Ford’s stock draws a downgrade as an analyst sees more underperformance ahead for the auto giant.MarketWatch - 5d -
Stellantis Swiftly Reshapes Strategy Under Elkann After CEO’s Exit
The auto group chairman is hustling to fix relations with its dealer network and suppliers, and needs to move quickly.Inc. - 5d -
We plan to book profits in this custom chipmaker after its parabolic stock move
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - 5d -
Fans react after WNBA owner rips Time for Athlete of the Year award
Sheila Johnson, the owner of the Washington Mystics, believes Caitlin Clark was singled out for the Time award because she's white.Yahoo Sports - Dec. 13 -
Two in hospital after fair ride 'drops to ground'
The 55m-tall ride "failed and crashed", emergency services say.BBC News - Dec. 12 -
Ciena reported a big profit miss. Here’s why the stock is rocketing to a 22-year high.
Ciena’s stock was soaring toward a 22-year high, as order growth and outlook on inventory overshadowed a big profit miss.MarketWatch - Dec. 12 -
Adobe’s stock drop highlights this fundamental disconnect over AI
Adobe’s management team is bullish on the AI opportunity in creative services, but Wall Street is growing impatient on the revenue runwayMarketWatch - Dec. 12 -
Ford hungry for England return after difficult autumn
George Ford insists that his appetite for international rugby is keener than ever despite dropping behind Marcus Smith in coach Steve Borthwick's pecking order.BBC News - Dec. 12 -
Asian stocks rise after US inflation data clears way for rate cut
Currencies strengthen against dollar as investors position for loosening by Federal ReserveFinancial Times - Dec. 12 -
Here’s what one employee hiding money is doing to Macy’s stock and profit view
Macy’s cut its full-year earnings outlook, after making adjustments to reflect the impact of misstated delivery expenses.MarketWatch - Dec. 11 -
GameStop’s stock jumps on surprise third-quarter profit
Shares of GameStop Corp. were up 8.2% in extended trading after the videogame retailer reported a surprise third-quarter profit, despite falling sales.MarketWatch - Dec. 10 -
United Natural Foods’ stock soars 23% as health-food supplier delivers a surprise adjusted profit
United Natural Foods Inc.’s stock soared 23% Tuesday after the health-food supplier delivered a surprise adjusted profit for its fiscal first quarter and sales that easily beat estimates.MarketWatch - Dec. 10 -
Ford’s cutting jobs in Germany. Scholz wants Europe to step in.
German chancellor Olaf Scholz called for subsidies for battery makers to protect jobs and drive the transition towards “electromobility”MarketWatch - Dec. 10 -
We're booking big profits in a tech stock popping on news that seems too theoretical
It's unclear what business case and monetization strategy can come from this development.CNBC - Dec. 10 -
Yankees GM Brian Cashman defends Hal Steinbrenner after Juan Soto signs with Mets: 'Went above and beyond'
Soto is headed across New York on a 15-year, $765 million contractCBS Sports - Dec. 9 -
Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis after CEO's exit
DETROIT — Well-known Stellantis executive Tim Kuniskis is returning to the automaker effective immediately, CNBC has learned.NBC News - Dec. 9 -
Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis after CEO's exit
Well-known Stellantis executive Tim Kuniskis is returning to the automaker effective immediately, CNBC has learned.CNBC - Dec. 9 -
Watch as Tony Gonzalez whiffs trying to hit a wiffle ball off a tee after Lions vs. Packers at Ford Field
Gonzalez's athleticism may not translate to wiffle ballCBS Sports - Dec. 6 -
American Eagle’s stock drops as warm fall weather bites into clothing sales
American Eagle’s stock falls 13% Thursday, and a J.P. Morgan analyst cuts its rating to neutral.MarketWatch - Dec. 5 -
Signet Jewelers’ stock drops as it faces competition from lab diamonds and misses Wall Street’s profit and sales estimates
Retailer warns its revenue may fall short of expectations in the coming quarter.MarketWatch - Dec. 5 -
Frasers Group Tumbles After Guidance Cut
The U.K. sports-fashion retailer lost $540.4 million off its market value after it lowered expectations for its fiscal year, citing recent tough business conditions and weak consumer confidence.The Wall Street Journal - Dec. 5 -
UK businesses expect lower margins and higher prices after Budget
Survey finds 54% of companies plan to raise prices in 2025 after national insurance increaseFinancial Times - Dec. 5 -
Supermarkets 'putting profits above human rights', MP says after BBC investigation
Supermarkets that appear to be selling products linked to slave labour in China have been criticised following a BBC investigation.BBC News - Dec. 4 -
Texans coach DeMeco Ryans, GM defend Azeez Al-Shaair after violent hit on Trevor Lawrence
Ryans defended the hit, blamed the Jaguars for overreacting and lauded Al-Shaair's leadershipCBS Sports - Dec. 3 -
Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits
Company is at loggerheads with Italian government, which claims it has not invested enough in the country. Business live – latest updates The Italian prime minister, Giorgia Meloni, has said ...The Guardian - Dec. 3 -
Ex-paddleboard firm owner in court after deaths
Nerys Bethan Lloyd, 39, is charged with gross negligence manslaughter after four people died.BBC News - Dec. 3 -
Zscaler’s post-earnings stock drop further bucks 2024’s rally by software sector
Zscaler’s stock was down on the year prior to earnings, while an ETF tracking the software sector had rallied 29%MarketWatch - Dec. 3 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2