Latest in Intel books big charges for restructuring, but here’s why its stock is surging
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Intel books big charges for restructuring, but here’s why its stock is surging
The company says business trends are improving despite ‘noisy’ earnings.Business - MarketWatch - 3 hours ago -
PayPal beat big on a profit metric, but here’s why its stock is falling
PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”Business - MarketWatch - 2 days ago -
Intel takes $18.7bn in restructuring and impairment charges
Smaller than expected sales decline boosts shares as chipmaker tries to recover from misjudging demandBusiness - Financial Times - 7 hours ago -
Trump's DJT stock is surging, lifting Truth Social. Here's why.
Shares of Trump Media & Technology Group, which trades under the DJT ticker, jumped 18% on Monday. Here's why.Top stories - CBS News - October 14 -
Netflix's subscriber growth is slowing, but its profit and stock price are still surging
Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering offTech - ABC News - October 17 -
AT&T’s stock rises as subscriber beat overshadows a big charge
The telecom giant took a $4.4 billion goodwill impairment charge related to its business-wireline unit, which is under pressure as business customers cut back on legacy voice services.Business - MarketWatch - October 23 -
Americans love TJ Maxx. Here's why big brands do, too
TJX Companies has worked to shift its brand’s image as a discounter to a fashion-forward retailer.Business - CNBC - October 15 -
Big companies are seeing more turnover in the CFO chair. Here's why that matters
CFO turnover hit 8.9% globally during the period, surpassing levels in 2022 and 2023.Business - CNBC - 5 days ago -
Vistra’s stock has quadrupled in a year. Here’s why it’s not too late to buy.
Vistra’s stock is J.P. Morgan’s top pick among independent power producers, even though its shares have already rocketed more than fourfold over the past 12 months.Business - MarketWatch - October 18 -
Apple’s stock gets rare bearish call — and here are the four reasons why
KeyBanc worries about low upgrade rates and the potential for a lower-cost iPhone SE to cannibalize sales of more expensive models, for example.Business - MarketWatch - 6 days ago -
U.S. stocks could face scariest week yet of 2024. Here’s why.
The U.S. stock market’s record-setting rally could face its scariest stretch of 2024 in the week ahead, with a dizzying array of risks on the docket.Business - MarketWatch - 3 days ago -
Stocks are expensive, but their rally can continue for at least another year. Here’s why.
Stocks’ stellar run over the past 18 months has given investors plenty of reasons to celebrate. But it has also saddled them with some of the most expensive valuations in recent memory.Business - MarketWatch - 2 days ago -
Why SoFi’s stock is on track for its highest close of the year
A new partnership helps validate SoFi’s underwriting model at a time some when investors are concerned about the lending business.Business - MarketWatch - October 14 -
The White House Bet Big on Intel. Will It Backfire?
A plan to revive U.S. chip manufacturing rests partly on a company that is firing workers and delaying factories, even as the government pushes for the opposite.Business - The New York Times - October 24 -
Here’s why some NBA teams show their games on TV for free, while others charge fans hundreds of dollars
NBA owners have very different ideas about the benefits of showing their teams’ games for free.Business - MarketWatch - Yesterday -
B1G Time: Ryan Day struggles in big games at Ohio State, but here's why that's not as concerning as you think
Day dropped to 2-6 in games against top-five teams with the loss to Oregon on SaturdaySports - CBS Sports - October 16 -
Here’s why China has been testing its autonomous car technology in the U.S. for years
Didi, WeRise, Pony.ai, Baidu and AutoX drove over 1.6 million test miles on California’s roads between 2017 and 2023.Business - CNBC - October 23 -
We reiterate our 1 rating on Microsoft despite its softer guidance — here's why
The numbers look different this quarter due the company re-segmenting a few businesses, but overall there's not much to complain about.Business - CNBC - Yesterday -
Jews shut down the New York Stock Exchange to protest Israel. Here’s why | Elena Stein
As the descendant of a survivor of a genocide, the Holocaust, I refuse to be a bystander to another genocide. Time after time, Sha’ban al-Dalou, a 19-year-old software engineering student living in ...World - The Guardian - October 18 -
Here's why Goldman Sachs' gloomy 10-year stock market forecast is no reason panic
The research emphasizes the importance of the kind of stock picking we do.Business - CNBC - October 22 -
‘DJT’ is booming. Here’s why other SPAC stocks haven’t been so lucky.
A surge of companies decided to go public via SPAC mergers in 2020 and 2021. Since then, not so much.Business - MarketWatch - October 24 -
Stock-market investors have ‘no clear playbook’ for Harris election win. Here’s why.
A victory by Vice President Kamala Harris over Donald Trump next week might leave investors temporarily lost, says a closely followed Wall Street research analyst.Business - MarketWatch - 2 days ago -
Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions
Large tech firms are turning to alternative power sources like nuclear as a way to fulfill growing energy demands from data centers.Business - CNBC - October 16 -
Amazon ‘has never been stronger.’ So why isn’t its stock getting more love?
Amazon’s stock has trailed the S&P 500 over three months, owing in part to concerns about operating income and margin compression. Will Thursday’s earnings alleviate fears?Business - MarketWatch - Yesterday -
Wall Street is entering its best 6 months of the year. Why the stock-market rally has more room to run.
The U.S. stock market is about to enter historically its best six months of the year, after defying the popular Wall Street adage to “sell in May and go away” with strong gains.Business - MarketWatch - Yesterday -
Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever
The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.Tech - The New York Times - 6 hours ago -
MLB playoff viewership surges as big market stars vie for World Series
Major League Baseball is enjoying a resurgence in popularity that at one point looked like the sport was in jeopardy of never returning to.Business - CNBC - October 16 -
MLB playoff viewership surges as big market stars vie for World Series
Major League Baseball’s postseason has been knocking it out of the park.Top stories - NBC News - October 16 -
Book Reviews: Two new books raise big concerns about innocent men in US prisons
Two new books take a deeply troubling look at the wrongly convicted in our prisons, many languishing for decadesEntertainment - ABC News - October 21 -
Nuclear energy stocks hit record highs on surging demand from AI
Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisationBusiness - Financial Times - October 20 -
UPS beat on revenue for the first time in 2 years, even as online sales slowed
UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.Business - MarketWatch - October 24 -
Tesla’s stock sees best day in 11 years. Why it’s still hard not to be bullish.
Tesla added $150 billion in market cap — more than the combined value of Ford, GM and Stellantis — as analysts cheered the growth forecast and increasing transparency.Business - MarketWatch - October 24 -
SoFi’s stock set to extend surge — and this is what’s driving recent optimism
LendingClub’s improving delinquency trends suggest SoFi could see similar dynamics, an analyst says.Business - MarketWatch - 6 days ago -
ASP Isotopes Stock Surges on Uranium-Plant Agreement With TerraPower
TerraPower, the Bill Gates-founded nuclear-power firm, will back the planned construction of a facility for producing enriched uranium.Business - The Wall Street Journal - Yesterday -
Roblox’s stock soars on third-quarter bookings beat and raised guidance
Roblox shares rose after the online gaming company reported better-than-expected third-quarter bookings and raised its full-year guidance.Business - MarketWatch - 14 hours ago -
Big Tech Carries the Entire Stock Market — and Nvidia Fuels Big Tech
The Magnificent Seven have doubled the returns of the S&P 500 in 2024, but much of the outperformance can be chalked up to chip giant Nvidia.Business - Inc. - 6 days ago -
Here’s Why the Gender Pay Gap Is Getting Wider
Reversing a 20-year trend, the gap between men’s and women’s wages increased in 2023.Business - Inc. - October 16 -
Here’s Why Drone Maker DJI Sued the Pentagon
The China-based maker of more than half of all commercial drones in the U.S. went to court to fight its placement on a list of companies said to be working with the Chinese military.Business - Inc. - October 21