Major U.S. stock indexes fell Wednesday as investors worried that the Federal Reserve might respond more aggressively to rising inflation than previously anticipated. Markets had largely continued 20...
Tag: Corporate/Industrial News
AT&T exceeds HBO Max subscriber outlook
Shares of AT&T Inc. are up about 1% in premarket trading Wednesday after the telecommunications company offered some fourth-quarter metrics ahead of an investor conference. AT&T T, +0.83% saw ...
Why Are Stocks Down Today? The Dow Is Crushing the Nasdaq.
Text size Michael George Haddad The Dow Jones Industrial Average is crushing the Nasdaq Tuesday, as investors bet that the U.S. economy will continue to boom. The Dow Jones Industrial Average has gain...
Moderna Shipped 800 Million Covid-19 Vaccine Doses in 2021
Text size Syringes with Moderna’s Covid-19 vaccine. Thomas Lohnes/Getty Images Moderna said in a letter to shareholders on Tuesday that it had shipped approximately 800 million doses of its Covi...
Citi Is Bullish on Lucid Stock. Where Is the Rest of Wall Street?
Text size A Lucid Air Grand Touring electric luxury car. Patrick T. Fallon/AFP/Getty Images Citigroup is staying bullish on electric-vehicle startup Lucid to start the new year. Analyst Itay Michaeli ...
Opinion: Adam Aron’s resolution to refinance AMC’s debt might put his love affair with ‘Apes’ at serious risk
Adam Aron wants to be happier, healthier and find a clever way around his own retail shareholders to pay off some serious debt in 2022. In a pair of tweets, Aron told his followers that “If we can, in...
Airlines Warn of Crippling Flight Disruptions if New 5G Rollout Isn’t Delayed
Text size Justin Sullivan/Getty Images After AT&T and Verizon Communications refused requests from the U.S. government to delay the Jan. 5 launch of new 5G services, the Airlines for America trade...
Tesla, Novavax, Exxon Mobil: What to Watch When the Stock Market Opens Today
Updated Jan. 3, 2022 7:22 am ET Stock futures are rising ahead of the first trading session of the new year. Here’s what we’re watching in Monday’s action: Tesla TSLA -1.27% shares jumped 7.6% ahead o...
The $2 Trillion Cryptocurrency Market Is Drawing Interest From Investors, Scrutiny From U.S. Regulators
WASHINGTON—As cryptocurrencies go mainstream, prices for bitcoin and other digital tokens are often displayed on cable-news tickers and finance apps as though they were just like regular stocks, bonds...
Stitch Fix Stock Has Cratered. One Investor’s $100 Million Bet on a Comeback.
Text size Courtesy of Stitch Fix Stitch Fix stock has tumbled in 2021, but one of the largest investors in the online apparel retailer has been racking up big stock buys. Stitch Fix (ticker: SFIX) sto...
Cheaper Stocks Boost S&P 500’s Prospects in New Year
Investors banking on a roaring bull market in U.S. stocks in 2022 are enjoying the company of an unexpected ally: valuations. The S&P 500 rose 27% in 2021, capping a third consecutive year of dou...
The Warren-Biden Bank Heist – WSJ
Elizabeth Warren finally got her woman—that is, the Senator and her many acolytes in the Biden Administration have succeeded in ousting Jelena McWilliams as chair of the Federal Deposit Insurance Corp...
Xilinx Stock Slips as Takeover by AMD Pushed Back to First Quarter of 2022
Text size Photograph by Magnus Engo Xilinx shares were declining Friday after its acquisition by larger semiconductor rival Advanced Micro Devices was pushed into the first quarter of 2022. “While we ...
HP Enterprise and Pure Storage Are Stifel’s Top Tech Supply Chain Picks
Text size Dreamstime Hewlett Packard Enterprise and Pure Storage are Stifel’s top picks for hardware original equipment manufacturers in 2022, with the analysts expecting stronger growth in hardware i...
Weekend reads: Your money and how to invest in 2022
Happy New Year! As 2021 ends, we once again hope for the new year will bring a pandemic recovery. Here are some looks ahead at what may affect financial markets, companies and even you in 2022. Turn a...
Apple Stays on Top for Phone Sales in China
Apple Inc. secured the top spot for phone sales in China for a second straight month in November, according to market research data, driven by the success of the iPhone 13 series. The Cupertino, Calif...
Enphase Stock Sinks as Slower Transition Leads to Sharp Price Cut
Text size David McNew/Getty Images Shares of solar specialist Enphase Energy were tumbling Wednesday after a sharp price cut and downgrade by analysts at BofA Global Research. BofA Global Research low...