Articles

Treasury yields slip as fears build over U.S. economic downturn

Bond yields fell early Wednesday as a wave of global risk-aversion encouraged the buying of perceived haven assets and investors fretted about a slowing U.S. economy.

Asia chipmakers dive in wake of Nvidia’s record sell-off

Tech tumble delivers sharp falls for Asia bourses

Fuji Soft could consider Bain’s proposal if binding offer submitted

Fuji Soft said it has received a counteroffer proposal from Bain Capital and would consider it if the U.S. private equity firm submits a binding offer.

Asana’s lower outlook for third quarter and full year sends stock falling

Shares of Asana fell after the company projected third-quarter results that missed Wall Street’s estimates and lowered the high end of its full-year outlook.

Molson Coors pulls back from DEI, saying earlier programs have been ‘completed’

Molson Coors Beverage Co. has became the latest to say it was backing away from some of its diversity, equity and inclusion policies, after a handful of well-known companies announced similar retreats last week.

That ‘Chase Bank glitch’ could lead to negative balances, locked accounts — and jail time

The glitch, which was highlighted in several viral TikTok videos, had some people believing they could get “free cash” from Chase ATMs. Legal experts call it fraud.

KLA raises its quarterly dividend by 17%

The board of KLA has increased the company’s quarterly dividend by 17%, to $1.70 a share.

RingCentral starts search for new CFO as Sonalee Parekh resigns

RingCentral has launched a search for a new top finance executive, as its CFO, Sonalee Parekh, will resign, effective Sept. 10.

GitLab’s stock rallies on more upbeat full-year forecast

GitLab shares rallied after hours on Tuesday after the software-development platform raised its full-year outlook, as more businesses try to embed artificial intelligence and security protections into their technology.

Zscaler’s stock drops after big whiff on profit outlook outweighs earnings beat

The cybersecurity company edged the consensus view with its revenue forecast for the current quarter.

PagerDuty’s stock falls despite earnings beat, as these factors weigh on outlook

The CFO says deals could take longer to close and smaller businesses are still “a headwind to growth.”

These semiconductor ETFs just had their worst performances in four years

The levered Direxion Daily Semiconductor Bull 3X Shares ETF falls about 23%
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