Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Text size Uncredited U.S. stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders meetings, and economic-data rele...

FedEx’s Dividend Hike Stands Out

Text size FedEx trucks at a sorting facility Justin Sullivan/Getty Images FedEx grabbed the headlines this week for dividend announcements, declaring an increase of more than 50% to its quarterly payo...

The Housing Market Just Hit a Wall. What’s Next for Prices, Brokers, and Builder Stocks.

My summer portfolio strategy is to play the old disco hit “Baby Come Back” while slow dancing with my December brokerage statements. If it works, I have a business idea involving Hall, Oates, and a tw...

SpaceX Fires Employees Involved in Letter Critical of Elon Musk, Company

SpaceX fired some employees involved in a letter that criticized Chief Executive Elon Musk and the way the company applies internal rules, according to an email to staff from SpaceX’s president and pe...

These 16 stocks in the S&P 500 crumpled at least 9% a day after the Fed raised rates

One day after U.S. stocks got a reprieve as the Federal Reserve lifted its target range for short-term interest rates by 0.75 percentage point, inflation fears built a new wall of worry to send U.S. s...

FedEx Raises Dividend, Stock Jumps 9%. Is ‘New Day Dawning?’

FedEx stock is soaring after the company announced a dividend increase. Spencer Platt/Getty Images Text size FedEx stock was soaring after the delivery company raised its dividend and said it would ad...

Opinion: As tech melts down, a truth remains: Semiconductors are eating the world

Everyone’s favorite trade in the stock market, technology, has gone the way of the dodo. Oil and value stocks are all the rage. But one part of technology — semiconductors — is vital not only to the t...

Yellen and Biden Wonder Why People Are Down on the Economy. Here’s the Reason.

Treasury Secretary Janet Yellen said yesterday that “it’s amazing how pessimistic” Americans are about the economy, “given that we have the strongest labor market we’ve had in the entire postwar perio...

Relief at the Pump Could Come Soon. Thank Saudi Arabia.

Justin Sullivan/Getty Images Text size Oil prices fell Thursday after the Financial Times reported that Saudi Arabia was ready to increase output as more sanctions on Russia threaten global oil supply...

What ChargePoint Earnings Say About the State of EV Charging in America

Text size ChargePoint Inc. had about 188,000 active charging ports at the end of the latest quarter. Dania Maxwell/Bloomberg The electric-vehicle charging-equipment company ChargePoint Holdings report...

Cruise Stocks Have Sunk. Only Two Have Seen Large Insider Buys.

Text size Norwegian Cruise Line Holdings ships sit idle. The company and Carnival saw large stock buys by insiders. Tim Rue/Bloomberg All three cruise-line operators are pretty much in the same boat t...

NIO Has Good News for Tesla. Production Is Recovering After Covid-19 Lockdowns.

Text size Shares of electric-vehicle maker NIO are down 25% since the end of March. Lintao Zhang/Getty Images Chinese Covid-19 lockdowns have hurt electric-vehicle sales and production since late Marc...

Nvidia, Macy’s, Zoom, Costco, Snowflake, and Other Stocks to Watch This Week

Text size Uncredited First-quarter earnings season winds down this week, but with more than a dozen S&P 500 companies left to report. Economists will be watching the latest Federal Reserve meeting...

Nvidia, Macy’s, Zoom, Costco, Snowflake, and Other Stocks for Investors to Watch This Week

Text size Uncredited First-quarter earnings season winds down this week, but with more than a dozen S&P 500 companies left to report. Economists will be watching the latest Federal Reserve meeting...

Buy Genco Shipping & Trading Stock. The Shipping Company Is About to Pay a 14% Dividend Yield.

The shipping industry is undeniably cyclical, a feature that has kept away legions of investors burned by too many sudden downturns with no clear pattern of recovery. But for Genco Shipping & Trad...

Boeing Sells 50 737 MAX Jets to IAG at Discount

Text size A Boeing 737 MAX 10 airliner. Ellen Banner-Pool/Getty Images International Consolidated Airlines Group said it has ordered 50 Boeing 737 MAX jets, with options for a further 100 aircraft at ...

Evidence of Nosedive Suggests Boeing Not at Fault in China Eastern Crash

Text size A passenger stands inside a terminal in front of a China Eastern plane at Shanghai Hongqiao International Airport. Qilai Shen/Bloomberg Boeing shares rose on news that the tragic crash of a ...

JetBlue Launches Tender Offer for Spirit Airlines at $30 a Share

Text size Spirit Airlines planes are shown at the George Bush Intercontinental Airport in Houston (Photo by Brandon Bell/Getty Images) Spirit Airlines shares surged Monday after JetBlue Airways launch...

JetBlue to Launch Tender Offer for Spirit, Urge Shareholders to Vote Against Frontier Deal

JetBlue Airways Corp. said it plans to launch a hostile takeover attempt for discount carrier Spirit Airlines Inc. after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing deal with ...

Virgin Galactic Stock Is Tumbling. Here’s What’s Troubling Analysts.

Text size Truist Securities downgraded Virgin Galactic stock to Hold from Buy. Courtesy Virgin Galactic Virgin Galactic Holdings Virgin Galactic Holdings stock continues to slide on Monday after Truis...

Disney, Occidental, Rivian, Palantir, BioNTech, and Other Stocks to Watch This Week

Text size We’re past the peak of first-quarter earnings season, but with several notable companies still left to report next week. The economic-data highlights of the week will be a pair of inflation ...

Opinion: Which jobs have come back, and which ones haven’t

Although the recovery in output, wealth and hours worked has been remarkable since February 2020, the U.S. economy remains deeply scarred by the COVID-19 pandemic. Total hours worked in the nonfarm ec...

Disney, Occidental, Rivian, Palantir, BioNTech, and Other Stocks for Investors to Watch This Week

Text size We’re past the peak of first-quarter earnings season, but with several notable companies still left to report next week. The economic-data highlights of the week will be a pair of inflation ...

Billionaire George Kaiser’s Bank Drills Deeper Into the Oil Patch

Banks all over the U.S. and around the world have curtailed lending to the U.S. oil-and-gas sector. BOK Financial Corp. BOKF 1.09% has doubled down. The Tulsa, Okla.-based bank holding company for the...

Virgin Galactic Burned Less Cash Than Expected. The Stock Fell Anyway.

Text size Virgin Galactic reported a loss of 36 cents a share in the first quarter on sales of $319,000. Courtesy Virgin Galactic Space tourism pioneer Virgin Galactic posted first-quarter results wer...

The Future of Transportation Is a Lot More Than Tesla. How to Invest.

We once thought the future of transportation meant George Jetson’s flying car. Instead, we got Elon Musk’s Tesla—the company and the electric car—whose twin successes jolted the global automotive indu...

Chinese Tech Giants Quietly Retreat From Doing Business With Russia

HONG KONG—Chinese tech companies are quietly pulling back from doing business in Russia under pressure from U.S. sanctions and suppliers, despite calls by Beijing for companies to resist overseas coer...

Airbus posts profit, plans new jet assembly line in Alabama

Airbus said Wednesday that its profit in the first three months of 2022 more than tripled to 1.22 billion euros ($1.28 billion), helped by an increase in aircraft deliveries as airlines recover from t...

These stocks soared during the pandemic, and then crashed. Ten are now expected to double in price.

A screen of stocks that popped during the coronavirus pandemic highlights dozens that have crashed. But some are considered worthy of purchase by a majority of analysts. You might want to keep an eye ...

The Cruise Crowd Is Back, Even if Investors Aren’t. Here’s Why It May Be Time to Take a Plunge.

Few sectors absorbed as much pain as the cruise industry during the pandemic, which shut down sailing operations in the U.S. from March 2020 through last June. Shares of the big three cruise operators...

Opinion: Berkshire and Buffett have 5 words for sellers who want their money: ‘Take it or leave it’

As fans flock this weekend to Omaha, Neb. for Berkshire Hathaway’s annual shareholders meeting hosted by Chairman and CEO Warren Buffett, you may be wondering what all the fuss is about.  The answer: ...

CEO reportedly laments red ink incurred from Air Force One deal as Boeing posts $1.2 billion first-quarter loss

Boeing said Wednesday that it lost $1.2 billion in the first quarter as it took large write-downs and lost money in both its civilian-airplane and defense businesses. The loss was bigger than Wall Str...