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IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.
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A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.
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Cidara Therapeutics shares surge 30% after reacquiring flu treatment
Shares of Cidara Therapeutics rose sharply after the company announced a reshuffling of its portfolio of...
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Acrivon Therapeutics’ shares climb 14% on plans to present cancer-test data
Shares of Acrivon Therapeutics advanced in post-market trading after the biopharmaceutical company said it would present...
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Ford keeps EV losses in check, stock rises 3%
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.
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Blackstone to acquire Tropical Smoothie Cafe restaurant chain
Blackstone said it is acquiring acquire Tropical Smoothie Cafe, an Atlanta-based franchiser with over 1,400 locations...
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Social Security’s COLA formula could change under new proposal — and mean higher benefits for seniors
Using a different index to measure Social Security’s cost-of-living adjustment could better reflect senior spending
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Transportation stocks sink, with industry ETF booking biggest drop since October
Transportation stocks were punished Wednesday, with sharp drops weighing on an exchange-traded fund whose top holdings...
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How AI and EVs are boosting demand for copper
Copper prices have outperformed both gold and silver this year, as traders bet on growing, long-term...
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Retail investors pulled back dramatically on stock purchases in April, adding to market’s woes
Retail investors went on a tax-season buyers strike that helped exacerbate the stock-market selloff in early...
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The FTC wants to block a big handbag merger to preserve competition. ‘10,000 alternatives’ could complicate its case.
‘No one gets hurt’ if they can’t buy a luxury handbag, analyst says.
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Visa’s stock gains after earnings, as one simple message resonates
Visa shares were moving higher in after-hours trading Tuesday, after the payments company sported an earnings...
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Elon Musk and SpaceX hit reusable-rocket milestone with Starlink satellite launch
The launch from Space Launch Complex 40 at Cape Canaveral Space Force Station marked the 300th...
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Stocks see upbeat start to the week as Wall Street’s fear gauge subsides
U.S. stocks have kicked this week off with a rally, as Wall Street’s fear gauge drops...
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Lumen looks to lower costs through job cuts as cash concerns continue
Faced with growth and cash challenges, Lumen Technologies is looking to cut expenses by reducing its...
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‘We were all set to enjoy our retirement’: My son invested in startups and we bailed him out with $100,000. What now?
“When we agreed to help, it was with the understanding that this debt would be paid...
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Enphase’s stock slumps as outlook miss reflects solar’s ongoing struggles
Enphase Energy came up short with its latest outlook on Tuesday, and its shares were slumping...
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Virgin Galactic skyrockets 22%, registers biggest gain in 10 months
Shares of Virgin Galactic have rallied after trading down on 13 of the past 17 days.
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Mattel says toy demand is improving, and shares are rallying
Toy maker Mattel Inc. on Tuesday reported a narrower quarterly loss than expected, while holding to...
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Texas Instruments’ stock is on the rise after strong results, guidance
Texas Instruments Inc.’s stock immediately jumped more than 5% in extended trading Tuesday after the semiconductor...
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‘I’d rather wear a potato sack’: I’m a bridesmaid at three weddings. The brides chose ugly dresses — and I’m obliged to pay. Should I say no?
“I’m getting increasingly anxious about these mounting expenses, and I don’t know how I can possibly...
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Tesla cuts prices for many of its models worldwide, slashes cost of Full Self-Driving in U.S.
Tesla Inc. cut prices for many of its vehicles in the U.S., China and Europe over...
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S&P 500 heads for worst month since 2022 as bond yields jump on inflation fears
The U.S. stock market’s bull run has hit a rough patch, as bond yields spiked this...
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The Magnificent Seven have gotten less magnificent ahead of earnings. This one could have the most explaining to do.
Four of the Magnificent Seven stocks will make their case to investors this week.