Today: September 20, 2024
Today: September 20, 2024

Stocks

Business

Macy's surges after investor group sweetens take-private bid to $6.6 billion

Macy's shares jumped 16% before the bell on Monday after investors Arkhouse Management and Brigade Capital sweetened their take-private bid over the weekend, valuing the

Macy's surges after investor group sweetens take-private bid to $6.6 billion
Business|Economy|News|World

Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024

Shares are mixed in Asia after China's premier said the country's target for economic growth this year is around 5%, in line with expectations

Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Business

GitLab shares drop as 'less conservative' forecast disappoints investors

GitLab shares fell 24% on Tuesday after the software developer forecast full-year 2025 revenue and profit below Wall Street estimates, citing a cautious spending

GitLab shares drop as 'less conservative' forecast disappoints investors
Business

Dialysis firms gain as Ozempic kidney trial data disappoints

Shares of dialysis services providers jumped in early trading on Tuesday after Novo Nordisk's popular diabetes drug Ozempic fell short of some expectations when tested on patients with

Dialysis firms gain as Ozempic kidney trial data disappoints
Business

Foot Locker shares plummet as planned investments weigh on profit outlook

Shares of Foot Locker slumped about 27% on Wednesday after the retailer projected 2024 profit below Wall Street expectations, hurt by a planned ramp-up in investments across its business

Foot Locker shares plummet as planned investments weigh on profit outlook
Business

Embattled lender NYCB seeks cash infusion, WSJ reports

Embattled lender New York Community Bancorp is seeking a cash infusion, the Wall Street Journal reported on Wednesday.

Embattled lender NYCB seeks cash infusion, WSJ reports
Business

NYCB seeks to stem stock rout with Mnuchin-backed $1 billion capital injection

New York Community Bancorp's shares rose on Thursday after a $1 billion infusion from a consortium of prominent investors led by former U.S.

NYCB seeks to stem stock rout with Mnuchin-backed $1 billion capital injection
Business

Morning Bid: Global market sunshine to pierce China clouds

A look at the day ahead in Asian markets.

Morning Bid: Global market sunshine to pierce China clouds
Business

Gap's upbeat quarterly results show improving demand for Old Navy apparel

Gap beat Wall Street expectations for fourth-quarter results on Thursday, buoyed by strong demand on improved product offerings at its Old Navy and namesake brands during the holiday season

Gap's upbeat quarterly results show improving demand for Old Navy apparel
Business

S&P index error may have sparked turbulence in Morgan Stanley, Pfizer shares, traders say

An error by S&P Dow Jones Indices may have contributed to volatility in shares of Morgan Stanley, Pfizer, PNC Financial Services Group and other stocks

S&P index error may have sparked turbulence in Morgan Stanley, Pfizer shares, traders say
Business

Nvidia on cusp of overtaking Apple as second-most-valuable company

Nvidia is nipping at the heels of Apple to become the world's second-most-valuable company, as investors cannot get enough of the semiconductor maker whose chips power

Nvidia on cusp of overtaking Apple as second-most-valuable company
Business

Costco stock set for worst day in near two years on quarterly revenue miss

Costco's shares were down over 7% on Friday and set for its worst day since May 2022 after the membership-only retail chain missed second-quarter revenue expectations and signaled a

Costco stock set for worst day in near two years on quarterly revenue miss
Business

Morning Bid: Nvidia, Nikkei knocked - China dodges deflation

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's most bizarre reaction to the relatively benign U.S. employment report on Friday was a late selloff in stellar Nvidia -

Morning Bid: Nvidia, Nikkei knocked - China dodges deflation
Business

S&P 500, Nasdaq futures edge higher ahead of key inflation test

S&P 500 and Nasdaq futures inched up on Tuesday ahead of U.S. consumer prices data that could provide insight on whether inflation has eased enough for the Federal Reserve to lower

S&P 500, Nasdaq futures edge higher ahead of key inflation test
Economy

Morning Bid: Inflation thermometer tops market dashboard

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street seems to have lost direction in another shaky start to the week for some of its megacap stocks and now needs some

Morning Bid: Inflation thermometer tops market dashboard
Business

Toyota becomes Asia's most shorted large-cap stock - Hazeltree

Automaker Toyota Motor Corp became the most shorted large-cap stock by hedge funds in the Asia Pacific region in February, overtaking Takeda Pharmaceutical, a report from data firm

Toyota becomes Asia's most shorted large-cap stock - Hazeltree
Business

Arm's shares rise as Wall Street eyes IPO lock-up expiration

Shares of Arm Holdings, the British chip designer backed by Softbank Group, gained 1.6% to $128.77 on Tuesday as markets braced for increased trading activity

Arm's shares rise as Wall Street eyes IPO lock-up expiration
Business|Economy|News|World

Stocks are mixed as China scrambles to avoid major real estate developer bankruptcy

China stocks are mixed as the country scrambles to avoid major real estate developer bankruptcy

Stocks are mixed as China scrambles to avoid major real estate developer bankruptcy
Business

Tesla slips as Wells Fargo warns of waning effect of price cuts over demand

Tesla shares dropped about 2% on Wednesday after Wells Fargo raised concerns over the waning impact of price cuts by the world's most valuable automaker on the demand for its electric

Tesla slips as Wells Fargo warns of waning effect of price cuts over demand
Business|Economy|News|World

Stock market today: Asian shares trade mixed as investors look to central banks

Asian shares are mixed in lackluster trading

Stock market today: Asian shares trade mixed as investors look to central banks
Economy

Morning Bid: Oil smudges inflation view, Tesla in slow lane

A look at the day ahead in U.S. and global markets from Mike Dolan Creeping oil prices are complicating the inflation picture again, with producer inputs and retail sales updates next on the U.S.

Morning Bid: Oil smudges inflation view, Tesla in slow lane
Economy

US equity funds attract inflows for third week in a row

U.S. equity funds drew inflows for a third consecutive week in the seven days to March 13, with investors optimistic about a rally on Wall Street and clinging to hopes of rate cuts this

US equity funds attract inflows for third week in a row
Business|Economy|News|World

Stock market today: Asian stocks gain ahead of US and Japan rate decisions

Asian stocks are higher ahead of policy decisions this week by Japan's central bank and the Federal Reserve

Stock market today: Asian stocks gain ahead of US and Japan rate decisions
Business

Tesla shares gain after Model Y price hike in U.S., Europe

Shares of Tesla rose by nearly 7% on Monday after the automaker announced price increases for its Model Y electric vehicles across some European countries and the

Tesla shares gain after Model Y price hike in U.S., Europe
Business

Red-hot Nvidia dips after it unveils new AI chip

Nvidia shares dipped in premarket trading on Tuesday after having more than tripled in value in the past year, as the dominant AI chip supplier unveiled its latest flagship product that is

Red-hot Nvidia dips after it unveils new AI chip

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