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Tag: Corporate/Industrial News
Opinion: The stock market in all likelihood has entered a new bull phase — so you’ll want to own these five stocks
That didn’t take long. The slump in the S&P 500 Index SPX, +1.41% and Nasdaq Composite Index COMP, +1.67% after their meteoric rise off mid-June lows has a lot of market commentators asking two ke...
Alibaba, JD.com Rising on Report of Resolution to SEC Delisting Issue
Text size Alibaba stock rose more than 8% following the report. AFP/Getty Images Stock in Alibaba Group and Tencent Holdings took off on Thursday after The Wall Street Journal reported that security r...
U.S., China Near Deal to Allow Audit Inspection of N.Y.-Listed Chinese Companies
SINGAPORE—The U.S. and China are nearing an agreement that would allow American accounting regulators to travel to Hong Kong to inspect the audit records of Chinese companies listed in New York, accor...
EV Charging-Station Operators Set to Battle for Ad Dollars
The next battleground in the fight for U.S. marketers’ advertising dollars may be charging stations used by the growing number of Americans who own electric or hybrid plug-in vehicles. ChargePoint Hol...
AMC Stock Is Out of Whack With APE Shares. Jim Chanos Is Taking Advantage.
Text size AMC’s market capitalization is higher than it was before the pandemic slammed the theater industry. Justin Sullivan/Getty Images Legendary stock bear Jim Chanos has an arbitrage idea f...
Buy Qualcomm Stock, Analyst Says. It’s About More Than Just Smartphones.
Text size Qualcomm announced an expansion of its strategic partnership with Samsung last month. Pau Barrena / AFP via Getty Images KeyBanc believes Qualcomm’s initiatives to expand into other non-phon...
Opinion: Nvidia has faced this type of downturn before, and seems to have a specific goal in mind this time
Nvidia Corp. has been through this type of downturn before, and this time executives are taking more aggressive tactics to overcome it. Nvidia NVDA, +0.24% executives warned Wall Street on Wednesday t...
Nvidia’s Revenue Forecast Falls Short. The Stock Drops.
Text size Nvidia stock had declined more than 40% this year as of Tuesday’s close. Justin Sullivan/Getty Images Nvidia provided a revenue forecast for the October quarter that was below expectat...
Nvidia sales forecast falls about $1 billion short of expectations, stock falls
Nvidia Corp. executives on late Wednesday forecast another revenue shortfall in the current quarter, after confirming an earlier warning by showing a sharp reduction in profit, while the chip maker as...
There’s a new supercycle emerging for the economy, and these are the stocks that would benefit, strategist says
It’s been an interesting summer for financial markets — more or less, a series of mostly downbeat economic data led traders to think the Fed will ease off the pedal, though over the last week they’re ...
Brink’s driver was asleep during California jewelry heist, lawsuit claims
LOS ANGELES — One of the drivers of a Brink’s tractor-trailer was asleep inside the big rig, parked near a remote Southern California rest stop earlier this summer, when thieves broke a lock and stole...
Opinion: Ford’s job cuts are just the beginning of another EV earthquake
Electric vehicles, or EVs, promise a green automotive revolution, but this will not come without uncomfortable transitions in the labor force. Those trade-offs are coming starkly into focus, raising q...
Cathie Wood dumps Nvidia stock ahead of results
Is Cathie Wood fearing more bad news from Nvidia? Wood’s ARK Invest funds trimmed their stake in Nvidia NVDA, +0.86% ahead of the graphics chipmaker’s results. Nvidia has already warned on second-quar...
Nvidia Reports Earnings Wednesday. Why Some Wall Street Analysts Are Worried.
Text size Nvidia stock has declined more than 40% this year, as of Tuesday’s close. Justin Sullivan/Getty Images After a recent string of recent troubles for Nvidia , investors are wondering how...
Zoom Video Stock Dives. Citi Says Lowered Guidance May Be ‘Too Optimistic.’
Text size Zoom cited soft performance in its online business, a segment focused on smaller businesses and the consumer. Olivier Douliery/AFP/Getty Images Zoom Video Communications stock dived Tuesday ...
Bed Bath & Beyond Clinches Loan Deal
Bed Bath & Beyond Inc. has found a financing source to shore up its liquidity as it tries to weather recent missteps, according to people familiar with the matter. The company on Tuesday told pros...
Nvidia Stock Sees Price Targets Lowered After Results
Text size Nvidia stock has declined by about 40% this year. Justin Sullivan/Getty Images Wall Street analysts aren’t ready to give up on Nvidia yet—even after the company has reduced its outlook versu...