Articles

Space-exploration company Intuitive Machines edges closer to historic moon mission

The Nova-C lander would be the first private U.S. probe on the moon.

Ford calls for a healthy 2024, and its stock rallies 6%

Ford stock soars after carmaker plays up hybrid business and calls for ‘healthy’ growth this year.

Snap’s stock plummets 30% on revenue miss, weak guidance

Snap Inc.’s stock plunged more than 30% in extended trading Tuesday after the social-media company reported a revenue miss and offered weak guidance — a day after announcing yet more deep job cuts.

Lumen’s stock advances as telecom company posts an earnings surprise

Lumen on Tuesday reported a surprise adjusted profit for its latest quarter, while beating expectations on the top line.

AMC’s stock rallies more than 11%, on pace for biggest gain since August

Tuesday’s rally was the stock’s biggest single-day percentage gain since Aug. 30, when it rose 16.7%.

Cannabis stocks gain as Pennsylvania governor prioritizes legalizing adult-use pot

Democratic Pennsylvania Gov. Josh Shapiro estimates $250 million in taxes for the state if adults over 21 are allowed to buy pot.

Remember Nerds? How the ’80s candy scored a Super Bowl ad with its Gummy Clusters

The brand has seen sales skyrocket from $50 million to $500 million in recent years.

Alibaba’s stock surges ahead of earnings, and Nio’s bounces sharply off four-year low

U.S.-listed stocks of China-based companies enjoyed broad gains after a sovereign fund said it would step up purchases.

These two threats could topple Big Tech and erase U.S. stocks’ 2024 gains

These two catalysts could topple the top-heavy stock market this year.

Growth vs. value stocks in the ‘greater fool’ stage: Stifel’s Bannister sees this risky trading strategy playing out in Big Tech-dominated rally

The mega-cap, FOMO-driven stock-market rally suggests that investors are playing the “greater fool” games on growth stocks, and their overextended valuations could mean a weak decade ahead relative to value stocks, according to Stifel.

Inflation isn’t ‘all the way there’ to the Fed’s 2% goal, Kashkari says. Rate cuts can wait.

Neel Kashkari echoed a slew of other senior Fed officials in saying the central bank wants more assurance inflation is slowing toward the central bank’s goal of 2% before cutting interest rates.

U.S. natural-gas consumption hit a record in January. So why are prices falling?

A severe cold snap saw Americans consume a record amount of natural gas in January. Here’s why prices still fell.
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