Opinion: Zuckerberg and Intel are shipping the proceeds from their layoffs straight to Wall Street

For years, Wall Street groused about Silicon Valley’s refusal to pay dividends and buy back stock as tech companies grew into cash-generating machines. That is no longer a problem, even though those t...

Meta stock spikes nearly 20% as cost cuts and $40 billion for investors overshadow earnings miss

Meta Platforms Inc. shares soared in after-hours trading Wednesday despite an earnings miss, as the Facebook parent company guided for potentially more revenue than Wall Street expected in the new yea...

Altria Unveils $1 Billion Stock Buyback as Earnings Top Estimates

Marlboro maker Altria Group beat earnings and revenue estimates in the fourth quarter and announced a new $1 billion share buyback plan. The cigarettes company reported adjusted earnings per share (EP...

SoFi’s banking moves are proving a ‘unique advantage,’ analyst says

SoFi Technologies Inc. continues to win praise for its banking efforts after the digital financial-services company gave an upbeat earnings forecast and touted the benefits of its banking charter for ...

Exxon Earnings Are Coming Tuesday. Why a Record Year May Not Be Enough.

Exxon Mobil is on track to close out its most profitable year ever, with analysts projecting that the company earned $58 billion in 2022. But when the oil giant reports fourth quarter earnings on Tues...

Bed Bath & Beyond to Close 87 More Stores, Harmon Chain as Restructuring Options Narrow

Bed Bath & Beyond Inc. said Friday it was closing an additional 87 of its flagship stores and its entire Harmon chain of drugstores, as the retailer struggles to find financial support to keep its...

Exxon’s Q4 comes hot on the heels of Chevron’s giant profit, here’s what to expect

Exxon Mobil Corp. is slated to report earnings before the bell on Tuesday, hot on the heels of results showing a mixed quarter for Chevron Corp., and amid renewed scrutiny over oil giants’ share buyba...

Lucid Stock Soars. Here’s What Is Happening.

Lucid stock was soaring Friday, a move that is being attributed to unconfirmed rumors that the company could be acquired. Lucid (LCID) stock started moving just after noon Friday, and had nearly doubl...

Shipping Platform Freightos Goes Public in SPAC Deal

Online freight booking platform Freightos Ltd. started trading shares publicly on Thursday through a merger with a special-purpose acquisition company, just as the booming shipping demand that helped ...

What investors need to know about Pfizer’s latest downgrade

Pfizer’s PFE, -0.92% early-stage pipeline, though promising, is still too premature to make up for the looming loss of billions of dollars from the company’s COVID-19 franchise, which includes the vac...

Redfin and Zillow Stock Slide Shows Possible Shift in Home Listings Landscape

Text size Redfin’s stock fell 8.5% on Wednesday. Stephen Brashear/Getty Images for Redfin Shares of real estate companies Redfin and Zillow Group fell on Wednesday after news of a potential shakeup in...

Chevron’s Higher Dividend Yield Now Tops Exxon’s

Chevron  raised its dividend, and announced a new round of buybacks valued at up to $75 billion late on Wednesday, sending shares 2.6% higher in after-hours trading. The energy giant boosted the quart...

Opinion: Elon Musk shows in ‘funding secured’ trial that he does not live in the real world

San Francisco has been home in recent days to an upside-down world of contrasts where one of the world’s richest men, Elon Musk, enters a federal courtroom with four security staff in tow to portray h...

Tesla Is Expanding Its Footprint in Nevada. The Stock Is Dropping.

Tesla had to cut prices recently to increase demand, but that isn’t stopping it from expanding its manufacturing capacity at its Gigafactory in Nevada. Investors should be pleased, although they might...

Oil And Gas Industry Mergers Dropped 13% During 2022

Aerial view of Natural Gas Well being drilled in northwestern West Virginia in the Marcellus Shale … [+] Formation photograph taken August 2020 getty In its annual report detailing activity arou...

I’m still working at 75: Do I need to take RMDs from my 401(k)? 

Dear Fix My Portfolio,  I retired from the U.S. Postal Service in 2004 and have a yearly pension from the Office of Personnel Management (OPM). I also work part time at a big hardware chain and have a...

Sumo Logic stock surges more than 30% on reported buyout interest

Sumo Logic Inc. SUMO, +28.68% stock soared Monday on a report that the data-analytics software company has been approached by private equity firms expressing interest in a possible buyout. Sumo Logic ...

Why naked short selling has suddenly become a hot topic

Short selling can be controversial, especially among management teams of companies whose stocks traders are betting that their prices will fall. And a new spike in alleged “naked short selling” among ...

Small-cap companies are going after naked short sellers in growing numbers: ‘It’s the biggest risk to the health of today’s public markets’

A growing number of small-cap companies are announcing plans to go after naked short sellers, claiming their stocks are being artificially depressed by illegal trading activity. Verb Technology Co. In...

Tesla Is Last Stronghold for Investors Buying the Dip in Tech Stocks

Listen to article (2 minutes) After a brutal year for technology stocks, individual investors have lost their appetite for buying the dip, with one notable exception. They are still scooping up shares...

Giant Fund Buys Up Tesla and Plug Power Stock, Sells GM

A large European asset manager recently made adjustments in its U.S.-traded stock investments that seem to favor electric vehicles over traditional car makers. DNB Asset Management materially increase...

EOG Resources Director Mike Kerr Buys Up Stock

Energy exploration and production company EOG Resources had a boffo 2022, and one of its directors made his second purchase of shares in three months. EOG stock (ticker: EOG) surged 46% last year, lif...

Genius Group CEO on why his company is fighting back against naked short sellers — and it’s not alone

“It’s like being robbed in a library, but you can’t shout ‘Thief!’ because there are ‘Silence, please’ signs everywhere.” That’s how Roger Hamilton, chief executive of Genius Group Ltd. GNS, +55.02%, ...

Albertsons to finally pay out special dividend, which has been delayed by courts

Shares of Albertsons Companies Inc. ACI, -0.24% jumped 2.0% in premarket trading Thursday, to buck the selloff in the broader market, after the grocery chain, which has agreed to be acquired by Kroger...

CureVac Stock Just Got Upgraded. It’s Now a Competitor in mRNA Vaccines.

CureVac is ready to compete in the big leagues with its vaccines, according to a UBS analyst who says the soaring stock has more room to rise. UBS analyst Eliana Merle upgraded the shares (ticker: CVA...

Genius Group stock rallies more than 200% after it appoints former F.B.I. director to investigate alleged naked short selling

The stock of a Singapore-based ed-tech and education company called Genius Group Ltd. rallied more than 200% on Thursday, after it said it appointed a former F.B.I. director to lead a task force inves...

Coinbase Stock Is Soaring. It Might Be a Haven in a Wild Crypto Market.

Coinbase Global stock continued its winning streak on Tuesday, rising alongside the price of Bitcoin and on the back of a strong analyst endorsement. Coinbase (ticker: COIN) has already had a busy sta...

Alibaba a Target of GameStop’s Ryan Cohen. Why the Stock Market Shrugged.

Investor Ryan Cohen, who has found fame with activist campaigns at meme stocks such as GameStop and Bed Bath & Beyond is now targeting Chinese e-commerce giant Alibaba   The billionaire co-founder...

Carvana stock jumps after ‘poison pill’ adopted, exercisable if an investor acquires at least 4.9% stake

Shares of Carvana Co. CVNA, +5.48% jumped 2.4% in premarket trading Tuesday, after the online used-car retailer said it adopted a shareholder rights plan, in an effort to block investors from buying u...

How a ‘triple-barreled buy signal’ and other green flags could send the S&P 500 20% higher, says this money manager

A holiday-shortened week is looking like it will get off to a lower start, as China landed some weak growth numbers and more earnings roll out. That’s after two positive weeks to start 2023. But there...

For All His Criticisms of Disney, Peltz and Iger Probably Agree: Streaming Has to Be Fixed

“Great news: Nelson Peltz made a slide deck about me,” said no CEO ever. But maybe Walt Disney Bob Iger had mixed feelings about the 35-pager that dropped this past week. One one hand, it says that he...

Bed Bath & Beyond Ponders Bankruptcy, Exciting the Meme Crowd

What were shareholders thinking? Shares of retailer Bed Bath & Beyond zoomed 179%, to $3.49 this past week, despite the retailer warning of a possible bankruptcy. One explanation: Meme stock mania...