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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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TVA Group to Cut 31% of Workforce as It Stops In-House Production, Restructures News
By Ben Glickman TVA Group will cut 31% of its workforce as it stops all in-house entertainment production and restructures…
Gold ETFs Record Fifth Successive Monthly Outflow In October
Global gold-backed exchange-traded funds (ETFs) endured further outflows in October, according to latest data from the World Gold Council (WGC).…
Expedia Group to Buy Back Up to $5B in Shares
By Ben Glickman Expedia Group's board of directors has approved up to $5 billion in share buybacks. The additional authorization…
ABF Shares Soar On Strong FY Update, Buyback And Special Dividend News
Associated British Foods rose on Tuesday following the release of solid full-year numbers and the announcement of a new share…
Block Sees 3Q Loss Nearly Double Despite Surging Revenue
By Ben Glickman Block posted a narrower-than-expected third-quarter loss after its revenue surged along with Cash App payment volumes. The…
What To Expect From The October CPI Report
The Consumer Price Index Report for the month of October will be released at 8.30am ET. on November 14. Headline…
Martin Scorsese, Kylie Jenner, and SZA Among Honorees at the WSJ. Innovator Awards
Martin Scorsese, Kylie Jenner, SZA, and Ed Ruscha were among the seven big names honored at WSJ. Magazine’s 2023 Innovator…
Sam Bankman-Fried’s Guilty Verdict Welcomed By Animoca’s Yat Siu
Yat Siu, cofounder and executive chairman of Hong Kong-based blockchain investor Animoca Brands, said Sam Bankman-Fried’s conviction for orchestrating a…
Focus Financial Name Slate of New Executives as Founder Exits
Focus Financial Partners appointed four new executives, a decision that comes a week after the newly private company announced the…
Toyota Wages and the Ford Maverick Show the Far-Reaching Effects of UAW Talks
The Ford Maverick. Scott Olson/Getty Images While the United Auto Workers’ 2023 labor negotiations were solely with the Detroit Three…
Walmart’s stock rises into record territory, to outperform rivals by a wide margin
Shares of Walmart Inc. WMT, +0.39% rose 0.7% in afternoon trading Thursday, to put them on track to close at…
JPMorgan Chase’s stock draws downgrade to hold from buy on ‘too many near-term negatives’
Odeon Capital analyst Richard Bove on Thursday downgraded JPMorgan Chase & Co.’s stock to neutral from buy even though he…
Amazon execs talked about how their policies hurt sellers, FTC antitrust suit alleges
Executives at Amazon.com Inc. AMZN, +0.78% discussed how pricing policies at the e-commerce giant had a “punitive aspect” with regard…
Solar Stocks Still Searching For A Bottom
Solar is arguably one of the market’s most sold-off industries at the moment, with the Invesco Solar ETF falling more…
Shares of Paramount Global jump after results beat expectations
Shares of Paramount Global PARA, +10.37% jumped 9.5% after hours on Thursday after the film, entertainment and streaming giant reported…
Atlassian’s stock sinks on widening loss
Shares of Atlassian Corp. TEAM, +2.00% staggered 14% in extended trading Thursday after the software company reported quarterly results. Atlassian…
Bitcoin Price Rallies After Fed Rate Decision. Where They Go From Here.
Bitcoin is trading at its highest levels since May 2022, when cryptos slid into a brutal bear market. Dreamstime Bitcoin…
Why today’s ‘Magnificent Seven’ stocks have mediocre long-term prospects at best
“ “Whoever coined the expression ‘Magnificent Seven’ for these companies presumably didn’t see the movie.”” — Robert Arnott We have…