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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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BNY Mellon’s Pershing X Lands Major Client for New Wove Tech Platform
BNY Mellon’s Pershing X unit has lined up a significant customer for its new technology offering, a platform that brings…
Go East For A Bull Market
This bear market has made up for its relatively shallow depth with its historic duration. The S&P 500 reached a…
Oil’s Worst Drop in a Year Sends Energy Stocks Lower
Oil prices fell despite a decline in U.S. commercial crude inventories. Dreamstime Energy stocks fell hard on Wednesday as oil…
Bankman-Fried Fraud Trial Opens to Dueling Narratives
In opening arguments Wednesday in the criminal fraud trial of former FTX CEO Sam Bankman-Fried, prosecutors said he used billions…
Birkenstock’s valuation is too high and investors may not make money in its IPO, analyst says
Investors should have learned a valuable lesson in the past few weeks when it comes to IPOs. If the valuation…
Hershey’s stock bounces back, set to snap longest losing streak in 25 years
Shares of Hershey Inc. HSY, +0.88% have reversed an earlier loss to be up 0.4% in afternoon trading, which puts…
Michael Jordan is now worth $3 billion. Here’s what billionaire athletes have in common.
Nobody can reach heights like His Airness. Michael Jordan is one of the best to ever play basketball, and he’s…
Costco notches gain in same-store sales for September
Costco Wholesale Corp. COST, +1.20% on Wednesday said that total same-store sales rose 4.5% in September, better than the pace…
Rite Aid gets listing warning from NYSE
Shares of Rite Aid Corp. fell 2% after hours on Wednesday after the drugstore chain said the New York Stock…
Bitcoin Holds Steady as Stocks Sell Off. Why Crypto Traders Are Still Bullish.
Bitcoin recently broke out of a trading range near $26,000 that had dominated for weeks. Dreamstime Bitcoin and other cryptocurrencies…
Bitcoin mined by Marathon Digital in September more than triples from last year
Shares of Marathon Digital Holdings Inc. surged Wednesday after the bitcoin miner said the bitcoin mined in September was more…
Bill Gates Predicts Arista Networks Will Disrupt Google And Amazon
One of the world's richest men believes that developers are one killer app away from disrupting Google GOOG GOOG and…
From Taylor Swift and Beyoncé to blockchain and AI: Music ETF CEO eyes the next big thing
2023 has been a big year for live music, driven by the phenomenal success of Taylor Swift’s Eras tour, Beyoncé’s…
Clorox slashes forecast due to effects of cyberattack; stock falls
Clorox Co. shares fell in the extended session Wednesday after the company slashed its outlook stemming from the impact of…
Viatris makes progress on Ozempic patent challenge
The U.S. Patent and Trademark Office’s patent trial and appeal board has agreed to review a Novo Nordisk NVO, +1.44%…
PNC draws inflow into corporate bonds on its portfolio purchase from ex-Signature Bank
Corporate bonds issued by PNC Financial Services Group Inc. drew in fresh capital in a bullish reaction by Wall Street to…
Exxon expects profit bump from oil prices of around $1 billion in third quarter
Exxon Mobil Corp. said in a filing late Wednesday that its third-quarter profit is likely to get a bump of…
Understanding The Impacts Of QT On The U.S. Equities Market
Quantitative Tightening (QT) has been a hot topic for investors, especially those in the U.S. equities market. While the dynamics…