Text size Federal Reserve officials agreed they need to keep raising interest rates to cool inflation. (Photo by TIMOTHY A. CLARY/AFP via Getty Images) AFP via Getty Images Stock futures fluctuated Th...
Tag: North America
Weighed Down by Opioid Litigation, Endo International Files for Bankruptcy
Text size Dreamstime The generic drugmaker Endo International , which faces thousands of lawsuits related to its alleged role in the opioid crisis, filed for bankruptcy late Tuesday morning, while ann...
Dow Futures Dip as Wall Street Seeks Rates Guidance From the Fed
Text size The focus for investors Wednesday will be on minutes from the latest Federal Reserve meeting. Getty Images Stock futures dipped Wednesday after strong earnings reports from Walmart and Home ...
Alibaba, JD.com, and Bilibili Fall on Report Tencent to Sell Meituan Stake
Text size Tencent holds a 17% stake in food delivery company Meituan. GREG BAKER/AFP via Getty Images Alibaba, JD.com and some of China’s biggest companies saw billions wiped off their value Tuesday...
Warren Buffett Loves T-Bills. You Should Consider Them.
Warren Buffett, chairman and CEO of Berkshire Hathaway, has $75 billion in Treasury bills. Saul Loeb/AFP via Getty Images Text size Warren Buffett parks most of Berkshire Hathaway’s cash in ultra-safe...
Unity Stock Tumbles After Board Rejects AppLovin’s $17.5 Billion Buyout Bid
Text size Unity Software doesn’t think AppLovin’s offer was in the best interests of its shareholders. David Paul Morris/Bloomberg Videogaming company Unity Software on Monday rejected Ap...
Berkshire 13F: Buffett Likely Bought Apple, Chevron, and Occidental Stock
Text size CEO Warren Buffett and his investment lieutenants didn’t buy as much stock in the second quarter as they did in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshi...
The New EV Tax Credit Won’t Cover All Teslas and Other Cars. How It Will Work.
New electric-vehicle tax credits depend on where the cars are assembled, what the EVs cost, and how much money buyers make. Stefani Reynolds/AFP/Getty Images Text size The Inflation Reduction Act shou...
What Stocks Are Making Moves Monday? Li Auto, NIO, Peloton, and More.
Text size A trader works on the floor of the New York Stock Exchange. Michael Nagle/Bloomberg Stock futures were trading lower Monday after China cut interest rates following data that showed the worl...
Stocks Poised to Open Lower on Monday
Stocks are poised to open lower on Monday ahead of a big week of retailer earnings. Angela Weiss/AFP via Getty Images Text size U.S. stocks are poised for a lower open on Monday as investors prepare t...
Walmart, Target, Cisco, Deere, Housing Data, and Other Things for Investors to Watch This Week
Text size Earnings season continues next week in what will be an action-packed stretch for retail stocks. Walmart and Home Depot report results on Tuesday, followed by Bath & Body Works , Lowe’s, ...
Don’t Trust This Stock Market Rally. Strategists See More Trouble Ahead.
Text size Only 30% of the indicators that typically light up before market bottoms are triggered today, according to Bank of America. Angela Weiss/AFP via Getty Images The S&P 500’s 15% summer bou...
Stocks Could Keep Rising If the Fed Shows Restraint
Text size As the market rebounds, speculative stocks are stirring. For proof, consider Cathie Wood’s ARK Innovation ETF, up about 40% since mid-June. David Swanson/Reuters/Alamy What bear market? Stoc...
9 Chip Stocks That Look Like Buys
Text size Nvidia now expects July quarter revenue to be $6.7 billion, up only 3% from the year-ago period. The company had previously forecast $8.1 billion in revenue. Dreamstime These are troubling t...
6 Software Stocks to Buy and 4 to Sell, According to an Analyst
What’s next for enterprise software stocks? That depends which ones you pick. Guggenheim Partners analyst John DiFucci launched coverage of the group late Thursday, with some thoughts on where to plac...
The Big Winners—and Losers —in the Inflation Bill
Senate Majority Leader Chuck Schumer (D-NY) helped shepherd the Inflation Reduction Act through the Senate after earlier bills died. Drew Angerer/Getty Images Text size The House won’t take up Democra...
Rivian, Illumina, Toast, and More Stock Market Movers Friday
Text size Rivian, the maker of electric trucks, maintained its production estimates for the full year. Courtesy Rivian Stock futures rose Friday amid more signs that inflation in the U.S. has been coo...
Rivian Keeps 2022 Production Guidance Intact. The Stock Is Still Falling.
Text size The Rivian R1S should start shipping to customers in just a few months. Courtesy of Rivian Electric-truck maker Rivian Automotive reported a wider-than-expected quarterly loss, but more impo...
Don’t Trust This Stock Rally. Strategists See More Trouble Ahead for S&P 500.
Text size Only 30% of the indicators that typically light up before market bottoms are triggered today, according to Bank of America. Angela Weiss/AFP via Getty Images The S&P 500’s 15% summer bou...
Rivian Earnings Are Today. Production Is What Really Matters.
Text size The Rivian R1S should start shipping to customers in just a few months. Courtesy of Rivian Electric-truck maker Rivian Automotive is expected to report second-quarter numbers after the marke...
Plug Power Misses Estimates. But Analysts Lift Price Targets on Climate Bill Catalysts.
Text size Photo courtesy of Plug Power Plug Power shares rose sharply Wednesday despite the fuel-cell company reporting second-quarter revenue that missed estimates. Analysts said they expect Plug Pow...
GE Is Worth More in Pieces. Wall Street’s Math Shows Why.
Text size GE management is breaking up the company. Luke Sharrett/Bloomberg General Electric will soon be breaking into three parts, so Wall Street is starting to value the company on a sum-of-the par...
Redbox Is About to Be Acquired. The Stock Remains Crazily Overvalued.
Text size Redbox was hurt by a bet that theater releases of films would surge in a postpandemic world. Dreamstime The end is near for Redbox , and some investors are about to take a substantial hit as...
DraftKings Is a Buy Ahead of NFL Season, Analyst Says
Text size DraftKings lifted its forecast earlier this month. Angus Mordant/Bloomberg Sports betting app DraftKings is a stock that investors should own heading into pro football’s regular season, Roth...