Exxon mulls Pioneer deal, shares jump
Pioneer Natural Resources shares spiked on rumors Exxon Mobil is closing in on a deal to purchase the company in what could be a $60 billion deal, The Wall Street Journal reported.
Modelo parent boosts outlook after Bud Light controversy
The maker of Modelo and Corona beer, Constellation Brands, boosted its financial outlook as it continues to benefit from the backlash over Bud Light’s Dylan Mulvaney marketing campaign.
CEO Tim Cook sells some Apple stock, bringing him $41.5 million
The head of Apple recently conducted a series of company stock sales worth tens of millions of dollars that appeared in a Securities and Exchange Commission filing on Tuesday.
Apple shares get rare downgrade
Apple shares may face more headwinds in the coming months according to one Wall Street firm which turned more cautious on the outlook for the world's most valuable company.
Judge says Elon Musk can be sued for Twitter securities fraud
X Corp. owner Elon Musk faces a class-action lawsuit claiming he defrauded Twitter investors last year by failing to disclose his 5% ownership stake to the SEC.
Dow now negative for year as rising yields hit stocks
As bond yields climb to 16-year highs, investors are trading stocks for low- to no-risk options, creating headwinds for the Dow, S&P 500 and Nasdaq Composite.
Krispy Kreme mulling cash deal for Insomnia Cookies
Krispy Kreme said it is exploring strategic alternatives for Insomnia Cookies, including an all-cash purchase. The donut maker acquired a majority stake in Insomnia in 2018.
Regulators expand investigation into 700K Ford trucks, SUVs over engine issues
U.S. safety regulators are widening a probe into certain Ford and Lincoln truck and SUV models built with a faulty valve that can lead to catastrophic engine failures.
UAW strike, jobs report and Tesla deliveries top Wall Street’s week ahead
Wall Street is keeping close tabs on the UAW strike against Ford, GM and Stellantis as it drags into its third week, as well as three key reports on the job market.
'Shark Tank' star reveals the stocks showing 'more cracks' in the market
"Shark Tank" star Kevin O'Leary warns that commercial real estate buildings have become "uneconomic" as the threat of a sector crash still looms over markets.
SEC charges 12 firms with record keeping failures
The Securities and Exchange Commission said it fined 12 companies, including brokers, investment advisers and credit rating firms, for record keeping failures.
Blue Apron shares surge on sale to Wonder Group
Shares of meal kit company Blue Apron are up 133% in early trading on Friday, following the company’s announcement that it agreed to be purchased by Wonder Group.
Hawaiian Electric CEO defends decision not to de-energize power lines
Hawaiian Electric is facing lawsuits filed by Maui residents and the county, and has been sued by its investors, all largely claiming that the utility was responsible.
Valkyrie Investments first to offer ether futures through ETF
In addition to Valkyrie, eight other issuers have filed applications to launch ether ETF products including VanEck, Grayscale Investments and Bitwise.
GameStop names Ryan Cohen CEO
GameStop is naming billionaire Ryan Cohen as CEO, effective immediately. Cohen is the company's largest investor and replaces Matt Furlong, who was fired in June.
Peloton shares surge 30% on Lululemon partnership
Peloton shares soared 30% in extended trading Wednesday after the company announced a five-year partnership with fellow high-end fitness brand Lululemon.
Oil nears $94 per barrel
The price of oil is nearing $94 per barrel after the Energy Information Administration reported a larger-than-expected draw on inventories of over 2.1 million, jolting the crude market.
Election 2024: Inflation, rising interest rates and take home pay
Inflation and rising interest rates are costing consumers and spooking markets, creating further headwinds for the U.S. economy just as the 2024 season election kicks into gear.
US will have 18 ETFs launched this week for 2023 weekly record
The flurry of new offerings would bring the total of ETF launches this month to 57, a record for this year and handily beating the 53 that arrived on the market in September 2022
UAW strike, Nike and Costco earnings, FOX Business’ Republican debate top week ahead
The UAW strike against Detroit's Big Three continues, plus earnings from Nike, Costco, CarMax and Carnival Corp. are on tap. And FOX Business Network hosts the Republican debate.



















