Billionaire investor George Soros’s investment fund has bought stakes in Tesla Inc. and Ford Motor Co. and added to existing stakes in EV makers Lucid Group Inc. and Nio Inc., according to a filing la...
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Billionaire Robert Brockman, Accused of Biggest Tax Fraud in U.S. History, Dies at 81
When Robert Brockman, one of the richest people in the country, was visiting his company’s offices near Dayton, Ohio, he stayed at budget motels and ate frozen dinners in his room, a former employee r...
10 Stocks That Should Shine in a 2023 Recession: Citi
As the risk of a recession draws nearer, Citi group has produced a screen of 30 stocks to help investors find opportunities during the second half of 2022. Stocks have rebounded in recent weeks with ...
10 Stocks That Should Shine in a 2023 Recession, Citi Says
As the risk of a recession draws nearer, Citi group has produced a screen of 30 stocks to help investors find opportunities during the second half of 2022. Stocks have rebounded in recent weeks with ...
China’s Retaliation to Pelosi’s Trip Keeps Chips Off the Menu for Now
China’s fresh blockade of food imports from Taiwan wasn’t enough to further destabilize markets nervous about House Speaker Nancy Pelosi’s historic visit to the island. Beijing’s four days of military...
Airbnb Stock Falls. Wall Street Hoped for More From Earnings.
Text size Airbnb earned $379 million in the second quarter, reversing a loss of $19 million in the first quarter. Dreamstime Airbnb shares are trading sharply lower in late trading Tuesday after the s...
Airbnb stock falls sharply despite earnings beat, plan to repurchase $2 billion in stock
Airbnb Inc. said Tuesday that it had its first profitable second quarter as a public company, and that it is so confident in its business that it is buying back $2 billion of its stock. “Our Q2 result...
AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks to Watch This Week
It’s the peak stretch of second-quarter earnings season, with roughly 150 S&P 500 firms scheduled to report this week. The highlights on the economic calendar will be a pair of purchasing managers...
AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week
It’s the peak stretch of second-quarter earnings season, with roughly 150 S&P 500 firms scheduled to report this week. The highlights on the economic calendar will be a pair of purchasing managers...
Large Fund Sells AMD Stock. It Bought Intel, AT&T and Starbucks.
Text size Dreamstime One of America’s largest public pensions has made big changes in some of its largest investments. In the second quarter, State Teachers Retirement System of Ohio nearly halved an ...
Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy
July 30, 2022 10:00 am ET Listen to article (2 minutes) CVS Health Starbucks and Uber Technologies are among the companies headlining another busy earnings week as investors look for signs of a recess...
Stock Futures Are Rising. Afternoon Earnings Boosted Tech Shares.
Text size Traders, here on the New York Stock Exchange, were encouraged by the earnings posted Tuesday. (NYSE) U.S. stock futures were up Tuesday evening as investors processed a rush of second-quarte...
Robots are making french fries, chicken wings and more as restaurant kitchens gear up for an automated future
One of the first investments from Chipotle Mexican Grill Inc.’s venture fund Cultivate Next is in Hyphen, a San Jose, Calif.-based robotics company whose product, The Makeline, organizes digital order...
Philips Cuts Guidance as Inflation and Supply Disruptions Hit Earnings
Text size Philips said it expects full-year sales growth of 1% to 3%, down from its previous forecast of 3% to 5%. AFP via Getty Images Shares of Philips fell sharply after the Dutch maker of Sonicare...
Restaurant Stocks Are Finally Coming Back. This One Looks Like a Good Bet.
Text size A recession, if one comes, would be particularly bad news for full-service restaurants. Saul Martinez/Bloomberg Recent market volatility can make anyone’s stomach queasy. Some restaurant sto...
Apple, Visa, Microsoft, Exxon Mobil, Chipotle, and Other Stocks for Investors to Watch This Week
It will be a busy week on both the micro and macro fronts. Second-quarter earnings season ramps up, as more than 150 S&P 500 firms report, including Big Tech. The Federal Reserve’s policy committe...
Apple, Amazon, Meta Highlight Tech-Heavy Earnings Week
Tech giants Apple Amazon.com and Microsoft headline a busy earnings week amid growing investor fears of recession, rising interest rates and surging inflation. A little more than one-third of S&P ...
Opinion: ‘Quality’ companies are getting stronger yet their shares are down in this selloff. This is how to find the bargains.
If you’re a long-term investor, this year’s selloff is good news because it offers a great chance to pick up quality companies at a discount. But wait a second. If a company is “high quality,” why wou...
Miami’s Gold Rush: Finance Firms and Crypto Move In, Bringing Strains
From his new office in Miami Beach, real-estate investor Barry Sternlicht is only steps from the ocean. His waterfront mansion is just a short drive away. Cold winters and state income taxes are a thi...
U.S. Bars Crypto Owners From Participating In Crypto Regulatory Matters ⋆ ZyCrypto
Advertisement     The United States Office of Government Ethics just recently issued an official memorandum barring owners of crypto assets who happen to be working un...
US bars crypto holders from contributing to crypto policies
The United States Office of Government Ethics on July 5 issued a legal advisory warning that banned government employees holding crypto assets from working on crypto-related policies. According to the...
Ethics Watchdog Bars US Government Employees From Writing Crypto Policy if Invested
A legal advisory notice issued by the U.S. Office of Government Ethics (OGE) on Tuesday declared that the de minimis exemption – which, when applied to a security, would allow the owner of an amount b...
Amazon and Grubhub Strike Deal to Bring Restaurant Delivery to Prime Members
Amazon.com agreed to add Grubhub to its suite of Prime services in the U.S., in a deal aimed at expanding the food-ordering company’s reach by tapping Amazon’s membership program. Grubhub’s parent, Ne...
Stocks Had a Nasty 6 Months. The Second Half Could Be Ugly Too.
Text size Bond markets are pricing in significant additional interest-rate hikes this year, but some stock analysts’ earnings forecasts remain optimistic. Michael Nagle/Bloomberg It was a first half d...
Las Vegas Sands Stock Could Win Big as China Eases Zero-Covid Rules
Text size The Venetian Macao resort and casino, owned by Las Vegas Sands. Billy H.C. Kwok/Bloomberg China’s decision to ease its entry requirements for international travelers is a step toward a fulle...
Wall Street’s favorite stock sector has potential upside of 43% as we enter the second half of 2022
At the midpoint of 2022, investors are looking at a remarkable change in stock valuations. The S&P 500 SPX has declined 20%, but the benchmark index’s forward price-to-earnings valuation has falle...
Inside Clif Bar’s Rocky Road To Its Sale—And The Unknown Status Of A $580 Million Employee Payout
Gracelynn Wan for Forbes Snack giant Mondelez announced last week it will acquire energy bar maker Clif Bar in a deal worth at least $2.9 billion. The sale of the Emeryville, California-based company,...
Grubhub CEO Says Sale Isn’t Imminent, as Owner Seeks a Partner
CHICAGO—Grubhub Chief Executive Adam DeWitt said company parent Just Eat Takeaway.com NV hopes to find a strategic partner to invest in the U.S. online ordering company, though an outright sale isn’t ...
Bosses Swear by the 90-Day Rule to Keep Workers Long Term
In the quest to retain workers, companies are sharpening their focus on a very specific common goal: 90 days. Hold on to an employee for three months, executives and human-resources specialists say, a...
Buy Starbucks Stock. Shares Could Be Ready to Run.
China’s economic slowdown is among the factors pressuring Starbucks shares. Above, dispensing coffee to customers on the go in Hangzhou. Long Wei/VCG/Getty Images Text size A sequel is seldom as good ...
Lifeless Market For Meatless Meat, What Clif Bar’s Founders Will Net And Kellogg’s Spinoff Strategy
Did you catch my feature published last Saturday on the lifeless market for meatless meat? It’s gotten a lot of buzz. One food investor tweeted it out with a particularly strong reaction, saying the a...
These 20 stocks still have at least 48% upside, analysts say, despite the S&P 500’s 8% gain from its lows
The S&P 500 has climbed 8% since June 16, when it closed at its lowest point this year. While the benchmark index is still down 17% this year, analysts expect it to soar 21% over the next 12 month...