Electric truck maker Nikola may do reverse stock split to prevent delisting
Electric truck maker Nikola may conduct a reverse stock split to boost the price of shares and prevent the Nasdaq from delisting the company.
Salesforce shares fall despite better-than-expected earnings
Salesforce reported profit and revenue that topped Wall Street estimates, while the company forecasts the current quarter revenue will top expectations.
Bud Light parent Anheuser-Busch sees $27 billion gone, shares near bear market
Bud Light's marketing push rolled out two months ago has been a headache and a costly move for parent company Anheuser-Busch and its shareholders.
FedEx pilots union reaches tentative contract deal
FedEx Inc. has reportedly reached a tentative agreement with its pilots union on a new labor contract that could avert a potential strike.
Target losses swell to $12.4 billion; shares at lowest since 2020
Target's market value continues to tumble as the controversy over its Pride merchandising marketing move roils investors, along with other efforts backed by the retailer.
Nvidia market cap tops $1T
Nvidia's push into AI has helped catapult shares of the chipmaker to a new milestone, giving it a market value of over $1 trillion joining just a handful of other tech giants.
Debt ceiling vote, Nvidia’s new AI chips, jobs report top week ahead
Debt ceiling vote, jobs and housing data and Elizabeth Holmes expected to report to jail to serve her 11-year sentence for fraud.
Memorial Day and the stock market
There will be no trading in U.S. equities or Treasuries on Monday as markets close to observe the Memorial Day holiday.
Gap shares jump on surprise quarterly profit
Gap Inc. gave investors unexpected good news posting a surprise quarterly profit on Thursday. Gap's recent restructuring efforts and lower supply chain costs led to a jump in profits.
Cathie Wood explains why Nvidia stock exploded and what the ‘real’ AI play is
Ark Invest CEO Cathie Wood says her firm is eyeing the software side of A.I., claiming companies with visionary leaders and global distribution will be the "biggest beneficiaries."
Cummins braving debt ceiling jitters with $275M engine filter unit IPO
There will be a rare sighting on Friday as Cummins brings its engine filtration unit to market in a $275 million initial public offering.
Target loses $9 billion amid Pride merchandising controversy
Target's Pride merchandising campaign is rippling through shareholders as the retailer scrambles with a public relations crisis similar to Bud Light's.
FTC probing Abbott, other baby-formula makers for collusion
Regulators are reportedly investigating whether the companies that produce baby-formula colluded on bids for lucrative state contracts.
Yelp shares spike on activist letter, company responds
Yelp is the target of an activist investor who says the company should merge with Angie's List or explore other options because its falling behind and has the wrong CEO.
Morgan Stanley warns stock rally is not the start of a bull market
Morgan Stanley strategist Michael Wilson warned in a Monday note that strong stock gains this year are not indicative of the beginning of a bear market.
JPMorgan investor day, debt talks, Costco, Nvidia earnings top week ahead
Investors to keep tabs on debt ceiling talks, which are expected to restart Monday, as busy week looms for earnings, with Costco, Nvidia, Dick's Sporting Goods, AutoZone set to report.
ETFs to play around the debt default risk
Exchange-traded funds, or ETFs, are baskets of securities traded on exchanges that may offer investors greater diversification, less risk and fewer fees.
Netflix shares surge as streamer wows ad community
The jump in Thursday’s share price puts Netflix closer to its highest close since April 5, 2022, when it finished the trading session at $380.15.
Sam Zell, billionaire real estate mogul, dies at 81
Billionaire real estate mogul Sam Zell died Thursday at age 81 after a career spanning 50 years. He founded Equity Residential in 1968 and was an active philanthropist.
Why Wall Street’s spooked about debt default risk
The chances of the U.S. defaulting on its debt are low, but experts are warning that financial markets and the economy are still facing a wall of worry as lawmakers duke it out.


















