S&P 500, Nasdaq hit all-time highs after Fed Powell’s speech
U.S. stock indexes climbed to records highs after Fed Chairman Jerome Powell signaled the central bank to possibly being tapering its asset purchases later this year, but that rate hikes were further out on the horizon.
Peloton reports wider loss than expected, slashes price of bike again
Peloton had greater net losses than Wall Street expected in its fiscal fourth quarter, and told investors it is slashing the price of its entry-level bike by hundreds of dollars -- again.
Barclays buys $3.8 billion Gap credit card portfolio in the US
Barclays said on Friday its United States arm will buy a $3.8 billion credit card portfolio from Synchrony Bank, as the British lender seeks to grow its U.S. profits and diversify further in to fee-earning businesses.
Apple loosens app store payment rules in lawsuit settlement
Apple has agreed to let developers of iPhone apps email their users about cheaper ways to pay for digital subscriptions and media.
Stocks slide amid Afghanistan chaos
U.S. stock indexes fell Thursday as chaos deepened in Afghanistan following two explosions outside the airport in Kabul.
Afghanistan adding 'another level of uncertainty' to markets: Strategist
Michael Lee Strategy founder Michael Lee on the impact Afghanistan's chaos is having on today's markets.
Lordstown Motors taps new CEO, driving up shares
Shares of Lordstown Motors have surged as much as 25% Thursday on the electric vehicle maker's decision to appoint former Icahn Enterprises CEO Daniel Ninivaggi as its new chief executive officer and board member.
Western Digital in advanced talks to merge with Kioxia in $20 billion-plus deal
Western Digital Corp.
Toshiba in talks with four investment firms for strategic ideas
Toshiba Corp is in talks with at least four global private equity firms including KKR & Co Inc and Blackstone Inc to seek their ideas for its new strategy, three sources with knowledge of the matter said.
Dick's Sporting Goods stock booms as shareholders rewarded with special dividend
Dick's Sporting Goods will reward shareholders with a special dividend following another record-setting quarter.
Nasdaq, S&P 500 hit records as financials, energy lead
U.S. stock indexes hit records as investors assessed the prospects of a massive spending project and looked ahead to the Federal Reserve’s Jackson Hole Symposium.
Eyewear company Warby Parker files to go public on NYSE
Eyewear company Warby Parker on Tuesday filed paperwork with U.S. regulators for a direct listing on the New York Stock Exchange, revealing a 53% surge in revenue for the first half of 2021.
Toll Brothers luxury home builders hit record in new home contracts amid construction boom
Luxury home builder Toll Brothers has broken its third quarter record for new contracts.
Nasdaq tops 15,000 for first time, S&P 500 sets new record
U.S. stock indexes inched higher as the Nasdaq Composite topped 15,000 for the first time.
Microsoft stock's record run being driven by Office 365 pricing and cloud
Microsoft is raising prices on its Office 365 product and the move is being hailed as savvy as a good poker play.
Richard Branson's Virgin Orbit to go public through SPAC
Richard Branson's satellite launch company Virgin Orbit will make its stock market debut on the Nasdaq through a merger with special purpose acquisition company NextGen Acquisition Corporation II.
Endeavor staffers fume over IPO, saying it mainly enriched boss Ari Emanuel
Agents and executives at Endeavor enraged, claiming CEO reaped benefits at their expense.
Uber, Lyft hit by Prop 22 punch
Ride-hailing giants Uber Inc. and Lyft Inc. were dealt a blow after a California judge ruled California’s Proposition 22, which classified drivers as independent contractors, was unconstitutional.
S&P, Nasdaq rally to records as investors eye Fed's Jackson Hole event
Stocks hit records as investors looked ahead to a key Federal Reserve event that could lay out the framework for the central bank to begin tapering its asset purchases.
Trillium Therapeutics shares soar on Pfizer’s $2.26B deal
Pfizer's $2.26B Trillium deal will target drugs for blood cancers, such as leukemia, multiple myeloma and lymphoma, according to the companies.


















