Latest in Companies Fall Short
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Jeff Bezos believes his space company Blue Origin will be bigger than $2 trillion Amazon
Jeff Bezos believes his space venture Blue Origin will one day be a bigger company than Amazon.CNBC - Dec. 4 -
PVH Stock Falls After Holiday Outlook Falls Short
The company guided for sales to fall between 6% and 7% in the current quarter, wider than the 4.5% decline forecast by analysts.The Wall Street Journal - Dec. 4 -
Shares of American Eagle plunge 13% as company issues weak holiday guidance
American Eagle issued weak holiday guidance after reporting its third sales miss in a row.CNBC - Dec. 4 -
MicroStrategy’s bitcoin bet has made its stock a big winner. Will other companies soon follow suit?
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.MarketWatch - Dec. 4 -
November jobs report may show big gain — but not because more companies are hiring
The economy can’t do much worse at creating jobs after a dismal 12,000 gain in hiring in October. Wall Street expects a big rebound in November.MarketWatch - Dec. 4 -
AI play Pure Storage soars 24% after touting it won a contract with an unnamed big tech company
Pure Storage shares rallied 24% after announcing a contract with a top tier hyperscaler.CNBC - Dec. 4 -
Treasury yields end at lowest since October after French government falls
U.S. government debt rallied on Wednesday, sending yields to their lowest closing levels in more than a month, after France’s parliament voted to oust the government of Prime Minister Michel ...MarketWatch - Dec. 4 -
French Government Falls After National Assembly Approves No-Confidence Vote
The vote marks the first time in decades a prime minister has been ousted by lawmakers, as political paralysis grips the countryThe Wall Street Journal - Dec. 4 -
French Government Falls, Au Revoir Monsieur Barnier
A vote of no confidence for the French PM.BBC News - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
OpenAI partners with defense company Anduril
OpenAI and Anduril on Wednesday announced a partnership allowing the defense tech company to deploy advanced AI systems for "national security missions."CNBC - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Dead & Company announce new Sphere residency in Las Vegas
The jam band will return to the state-of-the-art dome-shaped venue in March 2025.Los Angeles Times - Dec. 4 -
South Korea's short-lived martial law declaration rattled markets. Here's what's next for stocks
An extraordinary political drama in South Korea is likely to compound an already gloomy outlook for Asia's fourth-largest economy, analysts say.CNBC - Dec. 4 -
What to know about South Korea's short-lived and chaotic period of martial law
South Korea’s President Yoon Suk Yeol is facing parliamentary moves to impeach him after he sent heavily armed forces into Seoul’s streets with his baffling and sudden declaration of martial law ...ABC News - Dec. 4 -
Ubisoft Still Dedicated To Live-Service After Its Call Of Duty Competitor Came Up Short
Ubisoft recently made the shocking announcement that it would shut down its Call of Duty competitor, XDefiant, close Ubisoft San Francisco, and lay off nearly 300 people in what was just the ...GameSpot - Dec. 4 -
Volkswagen Says Urgent Measures Needed to Save Company
Volkswagen’s CEO warned staff that urgent measures are needed to secure the company’s future amid heightened competition, price pressure and high labor costs just as the European car market ...The Wall Street Journal - Dec. 4 -
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Nobody wants to be short this market: “equity repo” edition
Cozzie livs? More like cozzie levsFinancial Times - Dec. 4 -
South Korean opposition parties submit motion to impeach President Yoon Suk Yeol over short-lived martial law
South Korean opposition parties submit motion to impeach President Yoon Suk Yeol over short-lived martial lawABC News - Dec. 4 -
Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
The announcement came shortly after the BOK held an emergency board meeting.CNBC - Dec. 4 -
Celtics eliminated from NBA Cup as Magic fall to Knicks
The Celtics were officially eliminated from the 2024 NBA Cup as a result of the Magic's loss to the Knicks on Tuesday night.Yahoo Sports - Dec. 4 -
Kospi heavyweight stocks fall in volatile trade amid political chaos
South Korean heavyweight stocks fell in a volatile trading session Wednesday amid market jitters triggered by a political upheaval.CNBC - Dec. 4 -
Donald Trump Jr. joins e-commerce company, sending its shares up 270%
PublicSquare, which describes itself as catering to "patriotic Americans," is adding the son of President-elect Donald Trump Jr. to its board.CBS News - Dec. 3 -
U.S. officials investigate alleged Chinese cyber hack of communications companies
U.S. officials say they're investigating Chinese government-affiliated hackers who compromised the networks of of U.S. communication companies and were able to intercept private communications of ...NBC News - Dec. 4 -
FTC takes action against location data companies accused of unlawfully using consumer info
The Federal Trade Commission announced that it is taking action against two location data companies after it said that they unlawfully tracked and sold private consumer information.NBC News - Dec. 3 -
German company caught smuggling chemical plant to Iran
Aiotec GmbH agrees $14.5mn settlement with US after disguising shipment of dismantled polypropylene facilityFinancial Times - Dec. 3 -
Will a short-term or long-term CD be better for 2025?
Both offer unique benefits, but only one is arguably better heading into 2025. Here's what savers should know now.CBS News - Dec. 3 -
‘Contrarians aren’t being rewarded,’ and short sellers of U.S. stocks are giving up, says Citigroup
Strategists at Citigroup say investors are increasingly giving up on bets against the U.S. stock market.MarketWatch - Dec. 3 -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
US expands list of Chinese technology companies under export controls
The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chipsABC News - Dec. 3 -
BlackRock launches active short-term money market ETF
Manager claims to be first to offer strategy in a Ucits-regulated ETF in EuropeFinancial Times - Dec. 3 -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - Dec. 3 -
New Video Claims NZXT PC Rental Program Is "A Scam," Company Says It's Looking Into It
A new report alleges that PC hardware company NZXT's PC rental program is "shady and manipulative." The video from Gamers Nexus (via The Verge ) accuses NZXT of changing prices and parts between ...GameSpot - Dec. 2 -
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Gold prices are supposed to fall by this measure — but there’s ‘no guarantee’
A “revival” in Chinese demand for gold and central-bank purchases are likely to lead gold prices a bit higher next year despite expectations for a stronger dollar and rise in Treasury yields, ...MarketWatch - Dec. 2 -
Is OpenAI Getting Into the Advertising Business? The Company Is Sending Mixed Messages
The AI giant’s CFO says it’s looking into ads, but adds that it has no active plans as yet.Inc. - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2 -
Snowball Derby at Five Flags Speedway: Entry list, live stream, more for prestigious short track event in 2024
When every short track season begins in the United States, the one event most competitors prioritize takes place at the end of the year: the prestigious Snowball Derby at Five Flags Speedway in ...Yahoo Sports - Dec. 2
