Nvidia’s latest outlook beat Wall Street’s forecast, even without the benefit of any sales to China.
Long Read
Griffin’s ambition, strategic vision, and tech savvy have propelled Citadel into Wall Street’s upper echelons. This could be just the start.
Long Read
Tariffs will cut into the company’s margins. Customers will foot at least part of the bill.
2 minute read
The $23 billion spectrum purchase shouldn’t limit the telecom giant’s earnings, share repurchases, or payout.
4 minute read
The homestyle restaurant chain bowed to pressure after criticism took the internet by storm.
3 minute read
The electricity needed for the tech sector’s artificial intelligence race is turning reactors that were once unprofitable albatrosses into potential profit-drivers.
3 minute read
HP, Alibaba, Best Buy, Dollar General, and more also will report earnings. On the economic front, we’ll see inflation numbers from several sources and a housing data release.
3 minute read
New streamers are launching, entertainment companies are spinning off their cable networks, and media firms are trying to merge as broadcast consolidation steps into the spotlight.
Long Read
In a letter posted on social media, President Donald Trump said the removal was effective immediately.
3 minute read
The stock will replace Walgreens Boots Alliance, which is being acquired by Sycamore Partners in a deal expected to be completed soon.
2 minute read
In 2022, the Senators proposed giving the U.S. equity stakes in companies getting Chips Act funding. It never reached the Senate floor for a vote.
2 minute read
U.S. and South Korean officials have pledged cooperation in several industries, which could include nuclear energy and shipbuilding.
1 minute read
The U.S. government is free to sell its new Intel stake in one year. A sale would weigh heavily on the company’s market value.
2 minute read
Academic research has found that giving massive compensation to already-rich CEOs doesn’t increase their motivation, and actually leads to worse outcomes for their companies.
4 minute read
Fed Chair Jerome Powell signaled the potential for a rate cut, possibly the first this year, but didn’t say when, how often, or by how much rates could decline from current levels.
2 minute read
The Wall Street firm says current spending plans for AI should create some $920 billion in new value. That’s good news for investors.
4 minute read
Analysts report on GM, Affirm Holdings, Fluent, NorthWestern Energy Group, and Sonos.
Long Read
CEO pay at low-wage companies rose by 34.7%, while the average median pay of global workers rose by 16.3%, according to new research.
Long Read
The iconic barrel is gone and so, too, is the brand’s charm, some say.
2 minute read
Activist investor Ancora has an idea that everyone else seems to share. It wants CSX to pursue a merger.
3 minute read
At JPMorgan Chase, software developers and investment banking associates are among the supporters of a union facing long odds of recognition from the top.
Long Read
The stock is trading at its lowest price in more than a year, but there may be hope for a longer-term turnaround.
2 minute read
BofA’s Brad Sills upgraded shares of Snowflake to Buy from Neutral
2 minute read
Building-products supplier QXO is led by Brad Jacobs, who made two other companies leaders in their sectors.
Long Read
The burrito chain has increased its promotions after same-store sales fell 4% in the second quarter.
3 minute read