Bed Bath & Beyond downgrade slams stock
Investment firm Baird has placed an underperform rating and $4 price target on Bed Bath & Beyond's stock. The retailer's shares are down more than 36%.
Zales parent Signet Jewelers to buy online jewelry platform Blue Nile
The $360 million deal comes as Signet is looking to widen its portfolio and customer base following a sales slowdown in July.
Bed, Bath & Beyond stock on best nine day stretch on record
Meme investors are driving Bed, Bath & Beyond to its best nine-day stretch on record. The interest is also lifting other meme members, including AMC Entertainment and GameStop.
Stuart Varney: This is what you get when you stick with capitalism
FOX Business' Stuart Varney discusses the importance of capitalism and praises the "great bull market" as the Federal Reserve tries to combat rising inflation
SoftBank reports record $23B quarterly loss as tech downturn hits
SoftBank's record quarterly loss reflects the fall in technology shares around the world, sparked by interest rate increases and China's crackdown on tech firms.
Warren Buffett's Berkshire reports $44B loss as value of investments falls
Warren Buffett's Berkshire Hathaway suffered a $44 billion loss as a rocky quarter for the markets sent shares of the company's investments lower.
Elon Musk says Twitter deal could go forward once user data confirmed
Even as countersuits are served regarding Elon Musk's wanting to back out of deal to buy Twitter, the Tesla CEO says the deal could still go through.
Automakers say 70% of EV models don't qualify for tax credit under Senate bill
A majority of electric vehicles may not be eligible for tax credits under a Senate proposal due to parts requirements, a group of major automakers said.
Pfizer in advanced talks to buy Global Blood Therapeutics for about $5 billion
The Wall Street Journal reports big pharma company Pfizer is looking to add sickle-cell disease drugmaker Global Blood Therapeutics to its pipeline.
Musk's countersuit against Twitter says he and Wall Street were misled: report
Details of Elon Musk's countersuit against Twitter are being reported in the latest legal fight between the billionaire and the social media platform.
AMC declares special dividend, posts quarterly loss
AMC Entertainment shares took a hit in after-hours trading after reporting a larger-than-expected quarterly loss.
Elon Musk sets record straight on private airport
Elon Musk, the billionaire who heads Tesla and SpaceX, says he is not planning to build his own private airport near Tesla's Gigafactory in Austin, Texas.
Goldman Sachs warns stock market may not have hit bottom yet
The stock market relief rally could fade soon as investors confront scorching-hot inflation and continued interest rate hikes from the Federal Reserve.
Beyond Meat cuts revenue forecast, jobs as plant-based boom fizzles out
Beyond Meat reports second quarter revenue below analysts' estimates and lowers its year sales forecast.
Clorox drops, eBay rises and more: Thursday's 5 things to know
Traders will be watching for the impact that earnings results have on market direction on Thursday, especially shares of Clorox and eBay, whose shares have fallen and risen respectively.
Toyota profit hit by supply shortage, rising costs
Toyota's quarterly profit was drastically impacted by supply shortages of semiconductors along with rising costs.
Elon Musk's answer to Twitter lawsuit to be made public by Friday
The legal sparing over Elon Musk's attempt to pull out of his deal to buy Twitter will reach a new chapter by Friday after a judge ordered his response to the lawsuit to be made public.
Wall Street confidence in stock market sinks to lowest level in 5 years
Optimism on Wall Street has plummeted to the lowest level in five years amid growing fears the Federal Reserve will trigger a deep downturn with its war on inflation.
PayPal surges, Airbnb falls and more: Wednesday's 5 things to know
Investors will be watching shares of PayPal and Airbnb move in different directions as those and a slew of other companies report their quarterly earnings this Wednesday.
Number of Americans without health insurance falls to new low
The decline in the number of uninsured Americans, which began last year has reached a new low of 8%, helped by lower health care premiums and out-of-pocket costs.


















