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Bausch & Lomb’s stock soars 9% after earnings beat
Bausch & Lomb Corp.’s stock soared 10% early Wednesday after the eye-care company reported adjusted fourth-quarter profit that topped estimates and offered upbeat revenue guidance…
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Bitcoin could reach $150,000 in 2025 during new bull cycle, says AllianceBernstein
Bitcoin could reach a cycle high of as much as $150,000 in 2025, driven by the so-called halving event and…
This Dow stock went from worst to first in one year — and here are 13 candidates just like it for 2024
“In-favor stocks tend to fall out of favor, and vice versa.” Stocks’ yearly performance rankings are a field day for…
Wegovy Maker Novo Nordisk to Spend $6 Billion Boosting Production Capacity — Update
By Dominic Chopping Novo Nordisk, the Danish pharmaceutical giant that makes the blockbuster Wegovy obesity drug, said it will invest…
US Futures Up, European Stocks Down as Markets Digest Fed Comments
U.S. futures for the S&P 500 were up 0.3% and futures for the Dow Jones Industrial Average climbed 0.3%. Changes…
Diageo Shares Tumble After Guidance Cut
By Michael Susin Diageo shares had their worst one-day fall in more than three years after the liquor maker cut…
Ethernity Networks Shares Fall on Settlement Agreement
By Anthony O. Goriainoff Shares in Ethernity Networks fell after it said it has agreed a settlement with 5G Innovation…
Erste Group to Buy Back 15% Stake in Erste Bank Hungary
By Pierre Bertrand Erste Group Bank said it will buy back a 15% stake in its subsidiary bank Erste Bank…
Heightened rate volatility points to these opportunities in stocks, bonds for ETF investors, says State Street’s Michael Arone
Hello! For this week’s ETF Wrap, I spoke to Michael Arone, chief investment strategist for the U.S. SPDR business at…
Mobileye Is a Rare IPO Winner. The Stock Still Looks Like a Buy.
The history of self-driving cars has been one disappointment after another. Tesla CEO Elon Musk has been promising fully autonomous…
How 60/40 Worked The Last Time Rates Were This High
Hedging equity exposure with bond investments did not work out as hoped last year. The S&P 500 fell by 19.4%…
A Biden-Xi Meeting at APEC Could Help Restore U.S.-China Stability
U.S. President Joe Biden and Chinese President Xi Jinping at the 2022 G20 Summit in Bali, Indonesia. Saul Loeb/AFP/Getty Images…
Thousands of AMC shareholders wanted the board to go, but abstentions carried the day
Tens of thousands of AMC Entertainment Holdings Inc. shareholders voted to, in essence, throw out the entertainment company’s board, but…
Topgolf Callaway stock has its worst day in more than 3 years. But analysts say golf equipment’s not the problem.
Shares of Topgolf Callaway Brands Corp. on Thursday suffered their worst percentage drop in more than three years, after the…
Biden-Xi Meeting Confirmed, US Dollar Weighs On Risk Assets, Week In Review
Week in Review Asian equities were mixed this week, which began with gains in Korea on a short sale ban.…
Walgreens sells shares of drug distributor Cencora
Drugstore chain Walgreens Boots Alliance Inc. WBA, +0.39% on Thursday said it had sold shares of drug distributor Cencora Inc.…
Groupon’s stock craters after earnings as CEO says business ‘continues to be challenged’
Groupon Inc. shares tumbled more than 35% in Thursday’s extended session after the discounting marketplace announced a new rights offering…
Trade Desk’s stock melts down as earnings outlook disappoints
Trade Desk Inc. shares tanked 28% in after-hours trading Thursday after the advertising-technology company missed the mark with its holiday-quarter…
Why Is Bitcoin Going Up? Crypto Hits a 18-Month High and Could Keep Rallying.
Bitcoin prices have gained more than 30% in less than a month amid calls of a new bull market. Dreamstime…