Binance exploded onto the crypto scene in 2017 and grew into the world’s biggest digital-currency exchange. It quickly ran into a problem. It largely operated from hubs in China and then Japan, yet a ...
Tag: SYND
Capital Gains and Dividend Tax Rates for 2022-2023
Investors who have taxable accounts—as opposed to tax-favored retirement accounts such as individual retirement accounts (IRAs) or 401(k)s—are often eligible for lower tax rates on investment income a...
Airlines Rally Has Hit Turbulence. But United, Delta, Others Should Fly Higher.
The U.S. airline sector took off at the start of 2023 but the rally has encountered some turbulence in recent weeks ahead of a crucial few months for the industry. The sector’s big gains this year pro...
AMC Stock Falls After CEO Warns Company Could Be Forced to Sell More ‘APEs’
AMC Entertainment stock closed down sharply Wednesday in the wake of comments from the CEO that the firm may be forced to sell more stock for less money if shareholders don’t approve measures that all...
Snowflake Stock Tumbles As Growth Outlook Disappoints
Snowflake shares are sharply lower in late trading Wednesday, after company provided guidance for the January 2024 fiscal year that fell short of Wall Street’s expectations. The softer outlook is cons...
GM to Axe Hundreds of Jobs. But It’s Not About Cutting Costs.
General Motors is cutting salaried and executive staff positions, after saying earlier this year that it didn’t plan layoffs. GM (ticker: GM) representatives on Tuesday said the cuts affected a small ...
Tesla Signs Battery Material Deal With Korea’s L&F
Tesla investors are having a busy week and it’s only Tuesday. Ahead of the week’s main event, an analyst day on Wednesday, investors have to digest news about batteries as well as EV demand in China a...
Alibaba Stock’s Recovery Has Momentum. This Is One Potential Risk.
Analysts are increasingly upbeat about Alibaba stock in the wake of the group’s quarterly earnings, which supported the narrative that the Chinese tech company’s recovery is on track. But a familiar c...
Novavax Says ‘Substantial Doubt’ Around Its Continuing Operations
Covid-19 vaccine manufacturer Novavax said Tuesday that there is “substantial doubt” about its ability to continue operating through this year. In a quarterly earnings report issued after the market c...
Norwegian Cruise Line Misses Earnings Estimates. The Stock Is Falling.
Norwegian Cruise Line Holdings stock tumbled Tuesday as the company posted a wider-than-expected loss and provided disappointing guidance for 2023. Cruise operator Norwegian (ticker: NCLH) posted an a...
DeLorean Has Hit the Brakes. Catching Tesla Is Proving Hard for EV Rivals.
When Marty McFly drove into the future in the famous 1980s movie, he made it look easy. For EV start-ups trying to leap ahead in their industry, it’s proving a lot harder. DeLorean, the car company ma...
Tech Carried the Stock Market. Now They’re Taking It Down With Them.
The prospect of still-higher short- and long-term interest rates produced the worst week for the S&P 500 index in the relatively young year, a drop of 2.67%, and the third straight down week for t...
The Stock Market Doesn’t Look Cheap, Any Way You Slice It
Stock indexes closed another losing week in a downbeat February, as investors continue to debate the path of the economy and monetary policy. It’s a decidedly muddled outlook for the market from a fun...
Any Way You Slice It, Stocks Still Don’t Look Cheap
Text size This past week’s numbers gave investors plenty to fret about. Spencer Platt/Getty Images Stock indexes closed another losing week in a downbeat February, as investors continue to debate the ...
Canada’s Largest Pension Sold Apple, Bought EV Stocks Tesla, NIO, Li Auto
Canada’s largest public pension seems to be more bullish about electric vehicles than iPhones. Canada Pension Plan sold 85% of its Apple stock (ticker: AAPL), and scooped up shares of Tesla (TSLA), an...
Burned Out, More Americans Are Turning to Part-Time Jobs
Part-time work is exploding. The number of Americans working part time rose by 1.2 million in December and January compared with the preceding months, according to the Labor Department. Most of that i...
Warren Buffett’s Berkshire Posts Fourth-Quarter Earnings Fall
Berkshire Hathaway operating earnings declined 8% in the fourth quarter to $6.7 billion after taxes, hurt by a drop in profits at the company’s railroad business and a decline in the U.S. dollar. Exc...
Warren Buffett Muses on Berkshire Hathaway’s Future in Annual Letter
Berkshire Hathaway CEO Warren Buffett is looking to shape the company for when he’s gone. At a time when other famous conglomerates like General Electric (ticker: GE) are splitting up into multiple mo...
The Truth About the Four-Day Workweek, From People Who Have Tried It
More companies are experimenting with the four-day workweek, and workers who have tried it are divided on how fruitful an abbreviated schedule can be. Hundreds of WSJ readers responded to our story ab...
How the Ohio Derailment May Power a Company With Deep Roots in Train Safety
Derailments have plagued trains since their invention, sometimes driving change. This past week, Transportation Secretary Pete Buttigieg responded to the Feb. 3 Norfolk Southern derailment and toxic s...
For Nvidia Stock, It’s Game On!
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
Buy Chip Stock Broadcom on Strong Profitability, Analyst Says
Susquehanna is getting more bullish about the prospects for Broadcom stock, citing its robust profit margins and growth potential. On Wednesday, analyst Christopher Rolland reiterated his Positive rat...