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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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Coinbase Breaks Into Crypto’s Biggest Market with Perpetual Futures Approval
Coinbase has been allowed to offer perpetual futures to institutional investors overseas since May. Gabby Jones/Bloomberg Coinbase Global said it…
Nike shares soar after earnings. Here’s why the athletic-gear giant expects the year to get better.
After rival running-shoe makers put Nike Inc. on defense this year and overall demand remained subdued, executives for the athletic-gear…
Micron’s profitability might take another year despite AI chip frenzy — and the stock is suffering
Analysts are praising Micron Technology Inc.’s progress on its year-long turnaround in a tough memory-chip market, but even with a…
Tesla’s quarterly deliveries, profit seen lower by Citi
Analysts at Citi on Thursday dialed down their expectations for Tesla Inc.’s third-quarter deliveries and profit, saying they based their…
As U.S. stocks slump, here’s how the SPY ETF stacks up against global equities in third quarter
Hi! In this week’s ETF Wrap, you’ll get see how international stocks, including in emerging markets, stack up against U.S.…
U.S. government shutdown could boost bitcoin price, crypto bulls say. Where is the coin heading to?
Welcome back to Distributed Ledger. This is Frances Yue, reporter at MarketWatch. The U.S. federal government is heading towards a…
How A Super-Cheap, Super-Volatile New Options Strategy Has Emerged To Help The Pros Cream The Little Guys
Volatility is increasing for systemic reasons, and that is a big opportunity for long-term investors. The S&P 500 closed unchanged…
Tesla sued for racial discrimination, retaliation by EEOC
Tesla Inc. was sued Thursday by the U.S. Equal Employment Opportunity Commission, which alleges the EV maker violated federal law…
Sony Interactive Entertainment’s CEO Ryan to Retire
By Sabela Ojea Sony Group said Jim Ryan, the president and chief executive of Sony Interactive Entertainment, is retiring in…
The Fed’s November Decision Hangs In The Balance
The U.S. Federal Reserve will next determine short-term interest rates on November 1. Fed Chair Jerome Powell has made it…
FDA panel rejects ALS treatment from Brainstorm Cell Therapeutics
A U.S. Food and Drug Administration advisory committee voted against a treatment from BrainStorm Cell Therapeutics BCLI, -45.94% for amyotrophic…
Premier Investments FY Net Profit A$271.1 Million, Down 4.9%
By David Winning SYDNEY--Retail conglomerate Premier Investments said its annual profit fell by 4.9% as it weighs a possible breakup…
Brickworks FY Net Profit A$394.7 Million, Down 54%
By Rhiannon Hoyle Australia's Brickworks said Thursday it would increase its final dividend for a tenth consecutive year, despite recording…
Stocks to Watch: Peloton Interactive, Micron Technology
By Ben Glickman Peloton Interactive and lululemon athletica signed a five-year deal to let each company focus on its core…
Could JD.com Sell Teslas?
Key News Asian equities were mostly higher overnight in a quiet night as last night was Mainland China's last trading…
Peloton Stock Surges on Lululemon Deal. It’s Losing a Rival.
Clothing for sale at a Peloton showroom in California in early 2022. David Paul Morris/Bloomberg Peloton Interactive said it had…
A $90 Billion Valuation for OpenAI? Tech’s New Star Is Hotter Than Nvidia.
OpenAI’s valuation could rise threefold to somewhere between $80 billion and $90 billion, making the artificial-intelligence start-up behind ChatGPT more…
Credit Card Delinquencies Are Rising. Why It Isn’t a Problem for Banks—Yet.
The Federal Reserve’s moves to lift interest rates have led credit card interest rates to increase by 43% over the…