Asana Stock Spikes on Forecast Boost and Share Sale to CEO

Text size Chief Executive Dustin Moskovitz purchased $350 million Asana shares in a private placement. (Photo courtesy of Asana) Shares of Asana rose sharply Thursday after the work-management platfor...

Dividends for Tough Times: 4 Energy Stocks That Raised Payouts During Covid

Many energy company’s stocks—and their dividends—took a big hit earlier in the pandemic, even those of large firms. The global economy contracted along with oil and gas prices, forcing many companies ...

Snap CEO Sees Challenges in Executing Turnaround Drive

Sept. 8, 2022 12:14 am ET Listen to article (2 minutes) Snap Chief Executive Evan Spiegel said he’s bracing for a challenging turnaround period as the company tries to revamp itself and rekindle sales...

Asana stock rallies more than 10% after beat-and-raise quarter

Asana Inc. shares rallied in the extended session Wednesday after the collaboration-software company raised its outlook for the year, following results that topped Wall Street expectations, and disclo...

Apple’s satellite plans just sent this stock on a wild ride

Shares of satellite company Globalstar Inc. spiked higher Wednesday after Apple Inc. announced a partnership with the satellite company to provide emergency services. After a wild ride, the stock ende...

GameStop stock options priced for bigger than usual post-earnings move

Shares of GameStop Corp. extended their slide toward a 3 1/2-month low Wednesday, as investors prepared for the videogame retailer’s fiscal second-quarter report due out after the closing bell. The “m...

Preferred stocks can offer hidden opportunities for dividend investors. Just look at this JPMorgan Chase example.

This is shaping up to be a brutal year for bank stocks. But a deeper look can highlight an opportunity for income-seeking investors to make money on banks’ preferred stocks. But the S&P 500 SPX, +...

UiPath Stock Sinks on Cut to Fiscal-Year Revenue Forecast

Text size UiPath, the robotic-process automation software company, cut its revenue outlook for the fiscal year. Courtesy UiPath UiPath stock was sinking Wednesday after the robotic-process automation ...

12 semiconductor stocks bucking the downcycle trend

Semiconductor stocks have been great outperformers over long periods, but their movement this year underscores how cyclical the industry can be. Here is a look behind the numbers that are driving down...

UiPath stock drops 15% after outlook cut

UiPath Inc. shares dropped in the extended session Tuesday after the “software robot” provider reduced its forecast for the year due to foreign currency headwinds and macroeconomic uncertainty. UiPath...

Buy Newmont stock for its deep value and ‘very attractive’ dividend, UBS says

Shares of Newmont Corp. were little changed Tuesday, despite selloffs in gold futures and the broader stock market, after UBS analyst Cleve Rueckert said it was time to buy, given “compelling” valuati...

Verizon Hikes Its Dividend for the 16th Straight Year

Text size Verizon stock’s yield of around 6.2% far exceeds that of the broader market. Scott Olson/Getty Images Verizon Communications already offered a very big yield. The company sweetened the...

Al Gore’s Firm Bought Up Microsoft, Shopify Stock

Text size Al Gore’s investment firm, Generation Investment Management, made big bets on Microsoft and Shopify stock. Ian Forsyth/Getty Images Al Gore’s investment firm recently made some big cha...

Retail Stocks Got an Earnings Boost. Why There’s No Comfort in That.

Text size Many retailers are still struggling with the high inventories, with profits dragged down by pricier supply-chain and transport costs. Spencer Platt/Getty Images Investors breathed a sigh of ...

Rising Pressure on Profits Darkens Outlook for Tech Shares

Micron Technology is among the companies that have warned about softening PC demand. Courtesy Micron Text size In early summer, I wrote a Tech Trader column previewing the June quarter earnings season...

Who is the new Starbucks CEO? He has ‘deep’ knowledge of the consumer but lacks restaurant experience.

Investors didn’t appear to be too excited with Starbucks Corp.’s choice for its new chief executive officer, Laxam Narasimhan, but BTIG analyst Peter Saleh said they shouldn’t be surprised that he’s n...

Should You Buy Target Stock? Yes, Its Problems Won’t Last Forever.

Fashion is fickle, even for trend-friendly Target . But the trend might get friendlier for the stock as it looks to put 2022 behind it. It seems everything that could go wrong for Target (ticker: TGT)...

Penn National dropped from S&P 500 for one of America’s largest institutional landlords

The S&P 500 index will ditch part of its bet on sports gambling in favor of a different business: renting houses. S&P Dow Jones Indices announced late Friday that it will replace Penn Entertai...

Chinese E-Commerce Companies Suffer as Economy Sours

Chinese consumers are cutting back on discretionary purchases and becoming more thrifty as the country’s economic slowdown drags on, impeding the once-inexorable growth of the country’s e-commerce com...

U.K. Tobacco Company Imperial Brands Is a Good Bet Against Inflation

Tobacco companies as a whole have historically been one of the most recession-resistant industries. Dreamstime Text size Stockholders have had a rough time this year, with surging inflation and fears ...

Dow downgraded again, but high dividend yield keeps analyst from turning bearish

Shares of Dow Inc. inched lower Friday, putting them on track to suffer a sixth-straight loss, after another Wall Street analyst downgraded the chemicals and specialty materials company, citing concer...

3M’s Next Problem For Investors Could Be The Dividend.

Text size 3M’s CEO says the dividend is a high priority for the company. Chona Kasinger/Bloomberg 3M investors have had to endure a lot lately, with a slowing economy, rising inflation, and toug...

Li Auto’s Awful Deliveries Send Tesla Stock Lower

Text size Citigroup analyst Jeff Chung believes August and September sales are important for Chinese EV stocks. Hector Retamal/AFP via Getty Images Demand for electric vehicles in China is wavering. T...

Facebook and Snap Stock are Both Cheap. Why Shares May Still Struggle.

Social media may be the most influential innovation of the 21st century. In 2022, if an event doesn’t make it to a social feed, it never really happened, like the tree that falls in a forest with no a...

After a Brutal Bond Selloff, Opportunities Have Emerged for Income Investors

For many years, dividend stocks were one of the few places where investors could find decent yields in a world of ultralow rates. A 10-year Treasury bond was dealing out an emaciated 1.3% a year ago, ...

Ford’s U.S. Sales Rose 27% in August on Strong EV Demand

Listen to article (2 minutes) Ford Motor U.S. sales rose 27% in August, rebounding from year-ago production shortages and benefiting from increased demand for electric vehicles. Ford has been posting ...

Nvidia Selloff Is an ‘Overreaction,’ Analyst Says. The Stock Is Still a Buy.

Text size An analyst said a selloff in shares of Nvidia on Thursday presents a ‘particular buying opportunity.’ (Photo by Justin Sullivan/Getty Images) Getty Images Shares of Nvidia fell n...

NewAge Says Cost of Internal Probe Contributed to Bankruptcy

NewAge Inc., a publicly traded seller of beverages, supplements and other health and wellness products, said its bankruptcy filing is due in part to the cost of an investigation into a potential viola...

Broadcom CEO defends optimistic ‘true demand’ outlook as PC, smartphone sales slide

Broadcom Inc.’s chief executive on Thursday defended his positive outlook that end-market demand is “solid” for the rest of the year as Wall Street analysts questioned that optimism amid a cooling of ...

Nvidia’s ‘China Syndrome’: Is the stock melting down?

Like the nuclear reactor in the 1979 film “The China Syndrome,” Nvidia Corp.’s share price and sales forecast have been melting down, and a sales ban of artificial-intelligence chips to China is the l...

Celebrity Medicare Sales Pitches Are Toned Down After Scrutiny

If it’s football season, you can count on seeing Joe Namath on television, along with William Shatner and Jimmie “J J” Walker. They are the most prominent pitchmen for what has become an annual fall s...

3M Plans Job Cuts to Rein in Expenses as Legal Troubles Grow

Text size 3M suffered a legal setback last week when a judge denied a motion that would have limited payouts. Alamy 3M , the maker of Post-it notes and Scotch tape, plans to eliminate jobs in a cost-c...