J&J consumer-health IPO process to kick off key test for moribund new-issue market
J&J’s consumer business makes Tylenol; Band-Aids and other wound-care products; baby-care products such as Johnson’s Baby Shampoo; and skin-care offerings such as Aveeno and Neutrogena.
Amazon, McDonald’s, Microsoft earnings and debt limit battle top week ahead
Investors will sift through a basket of earnings, including blue chips McDonald's, Verizon and Caterpillar as well as Google and Microsoft. Additionally, the first read on first quarter GDP will be released.
GM recalls 40,000 pickups due to fire risk
General Motors is recalling more than 40,000 Chevy Silverado pickups due to the discovery of a brake fluid leak that could cause a fire.
Proctor & Gamble’s price increases help raise 2023 sales forecast
Driven by price hikes, Proctor & Gamble reported better-than-expected quarterly earnings on Friday and lifted its sales forecast. Brands include Tide, Charmin and Pampers.
Is your bank account safe? Mass layoffs weaken cybersecurity across finance sector
Mass layoffs in 2023 have the diminished cybersecurity workforce and opened a door for cybercriminals to attack online banking, trading, investing and digital assets.
Chevron, Exxon developing cleaner gas as alternative to EVs
ExxonMobil and Chevron are working together on developing new gasoline formulas that will bring down emissions to compete with electric vehicles.
Investors are the most bearish in 5 months as credit crunch hits growth
Fund managers surveyed by Bank of America are increasingly pessimistic about the U.S. economy following the collapse of Silicon Valley Bank in early March.
ChatGPT can predict the stock market and understand Fed statements, studies claim
OpenAI's ChatGPT-4 has proven capable of deciphering Fed statements and predicting the stock market based on corporate news, according to a pair studies.
Tesla cuts US prices again ahead of earnings report
Tesla continues to cut prices on some of its' electric vehicles in the U.S. in a move to boost demand. This is the second time this month.
New Jersey pauses EV rebates as demand surges
New Jersey will temporarily pause its rebate program for the purchase or lease of electric vehicles due to the overwhelming success of the program.
Nvidia stock surges on dominant A.I. market position, buy recommendation from HSBC
Nvidia rallied on Wall Street Tuesday following a "buy" recommendation from an HSBC analyst as the chipmaker continues to dominate in the A.I. space.
Boeing revs 737 Max production amid delivery pause
Airplane builder Boeing is increasing its 737 Max production after a manufacturing issue with the fuselage caused a pause in delivery, according to the company's CEO.
J&J lifts profit forecast as cancer drugs, Stelara buoy pharma unit
A recovery in medical procedures after being weighed down by hospital staffing shortages helped the medical device unit post sales of $7.48 billion, topping estimates of $7.31 billion.
Elon Musk says Twitter had many employees but little product development
Twitter CEO Elon Musk told Tucker Carlson on FOX News that 80% of Twitter staff is gone and the company has little to no product development.
Apple partners with Goldman Sachs on high-yield savings account
Apple and Goldman Sachs collaborate on new savings account with 4.15% annual percentage yield
Morgan Stanley warns stock market is still 'far from out of the woods'
Morgan Stanley strategist Michael Wilson warned in a Monday note that stock-market investors should prepare for "more negative surprises" in coming months.
Charles Schwab gives spring update, adds over 1 million new brokerage clients
Charles Schwab gave its spring business update on Monday, showcasing financial strategies used to beat Wall Street’s predictions for first quarter earnings.
Merck to acquire Prometheus Biosciences for $10.8B
San Diego, California-based Prometheus Biosciences has a drug in development that treats immune diseases including ulcerative colitis and Crohn’s disease.
Jamie Dimon advises against using term 'credit crunch'
During JPMorgan Chase's first quarter earnings call Friday, JPMorgan Chase CEO Jamie Dimon said he would not refer to potential of banks stopping lending as a credit crunch.
Vanguard narrows ETF gap with BlackRock
The Vanguard Group pulled in a net $25.7 billion into its exchange-traded (ETF) fund over the first quarter, fed by $19.1 billion of flows into its equity products.



















