Latest in Super Micro still can’t say when it will file annual report, and its stock drops
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Elon Musk files to move super PAC's lottery giveaway lawsuit to federal court
Lawyers for Elon Musk have filed to move a lawsuit over his super PAC's $1 million lottery giveaways to voters to federal courts. NBC News' Dasha Burns reports on the filing and what Musk's team is ...Top stories - NBC News - 5 days ago -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - 5 days ago -
Weak jobs data can’t stop 10-year yield’s climb as stock-market rally lost steam
Bond-market traders shook off Friday’s weak nonfarm payrolls report for October by sending the benchmark 10-year yield to its highest level since early July, which may have sapped some momentum out ...Business - MarketWatch - 4 days ago -
Russian oligarch still owned Italian resort months after sanctions, filing shows
Disclosure raises questions over why Rome did not move to freeze the assetWorld - Financial Times - October 23 -
Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB
Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warmingWorld - Financial Times - 6 days ago -
Chinese sanctions hit US drone maker supplying Ukraine
Beijing’s move leaves California company rushing to find new battery providersWorld - Financial Times - 5 days ago -
Super Bowl loss still stings for the 49ers headed into rematch against the Chiefs
Eight months later, the pain of losing a second Super Bowl in five seasons to the Kansas City Chiefs has barely subsided for the San Francisco 49ers as they prepare for a rare regular season rematchSports - ABC News - October 16 -
Late Night Is Still Waiting for Trump’s Medical Report
Kamala Harris’s health is said to be “excellent,” but the nation has yet to hear about Donald Trump’s. “Do you really want to see his X-rays?” said Stephen Colbert.Top stories - The New York Times - October 15 -
Chewy’s stock falls after SEC filing reveals that trader Keith Gill has dumped his stake
Influential trader Keith Gill, also known as Roaring Kitty, has sold his stake in Chewy, the online retailer of pet products.Business - MarketWatch - 6 days ago -
It Could Cost OpenAI a Lot to Drop its Nonprofit Structure
Leading AI firm OpenAI is valued at $157 Billion, but turning it into a for-profit company could mean a very expensive, complicated set of legal proceedings.Business - Inc. - October 14 -
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.Business - MarketWatch - October 15 -
Nintendo’s 1st half sales drop 34% as Switch shows its age
Nintendo said sales for the 1st half of 2024 fell 34.1% to $3.43 billion as it saw a slowdown in sales for Nintendo Switch hardware and games.Tech - VentureBeat - 22 hours ago -
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...Business - MarketWatch - October 15 -
Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.Business - The New York Times - October 17 -
Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.Business - CNBC - October 22 -
Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss
Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.Business - MarketWatch - 6 days ago -
Meta's Threads micro-blogging app now has 275 million monthly users, Zuckerberg says
Threads, Meta's rival to Elon Musk's X app, now has nearly 275 million monthly users, CEO Mark Zuckerberg said Wednesday.Business - CNBC - 5 days ago -
Expedia stock jumps on report of acquisition interest by Uber
Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.Business - MarketWatch - October 17 -
Seadrill stock jumps on report of talks with Transocean
Shares of Seadrill rallied early Thursday after a report the offshore drilling company is in talks to merge with Transocean.Business - MarketWatch - October 24 -
Companies’ earnings reports increase volatility of US stocks
Share prices swing as high valuations and uncertain outlook put investors on edgeWorld - Financial Times - October 26 -
The stock market still leans to this candidate winning the presidential election
The Dow’s indication of who will win the U.S. presidency deserves to be taken seriously.Business - MarketWatch - October 19 -
Meta’s stock is up 500% in two years. Is it still a ‘set-it-and-forget-it’ play?
Meta reports earnings on Wednesday afternoon.Business - MarketWatch - October 29 -
Organ donations drop after reports of man mistakenly declared dead
Transplant experts are seeing a spike in people revoking organ donor registrations after reports that organs were nearly retrieved from a Kentucky man mistakenly declared dead.Top stories - CBS News - October 29 -
A key inflation measure drops to 2.1%. Here's the interest rate impact.
The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.Top stories - CBS News - 5 days ago -
Orionids Meteor Shower: When and How to Watch Its Peak
This event is linked to Halley’s comet, and occurs as another comet, Tsuchinshan-ATLAS, remains visible. But a nearly full moon could interfere with some views.Science - The New York Times - October 20 -
Report: Aidan Hutchinson might be able to return for Super Bowl
Lions pass rusher avoids "worst-case scenario."Sports - Yahoo Sports - October 14 -
The stock market gains the most when this political party occupies the White House
The S&P 500’s annualized total return has been 11.0% in years when a Democrat is president and Congress is Republican-controlled.Business - MarketWatch - October 26