Articles

Buy this stock to play an AI bounce, analyst says

The recent broad unwinding of the artificial-intelligence trade has created an opportunity to buy AI plays, like Vertiv’s stock, on the cheap, Mizuho said.

Activists want the Olympics to ditch Coca-Cola because sugary drinks are unhealthy

“By continuing its association with Coca-Cola, the Olympic movement risks being complicit in intensifying a global epidemic of poor nutrition, environmental degradation, and climate change,” a public-health organization says.

A wild week for stocks has bonds playing defense again for first time in years

Bonds have returned to playing defense over the past week for the first time since the Federal Reserve started raising interest rates more than two years ago.

Ralph Lauren’s stock rises on first-quarter earnings and revenue beat, boosted by Europe and Asia

Ralph Lauren Corp. shares rose 4.3% premarket Wednesday after the apparel and accessories maker reported better-than-expected first-quarter revenue and earnings, boosted by growth in Europe and Asia.

Consumers feel frustrated with the housing market. Buying a house is unaffordable, Fannie Mae says.

Consumers are feeling frustrated by the housing market as home prices march to new heights, a new survey says.

Hilton’s stock dips on softer-than-expected outlook

Hilton Worldwide Holdings Inc.’s stock fell 1.3% in premarket trading on Wednesday after the hotel giant issued a third-quarter outlook for adjusted earnings that fell short of Wall Street analyst estimates.

Super Micro gave a whopping revenue forecast. Here’s why that’s not enough.

Analysts note “intensifying” cash burn and “materially softer” margins for the server maker.

PetIQ’s stock skyrockets after $1.5 billion sale to Bansk Group

Deal offers a 51% premium over the stock’s closing price on Tuesday.

‘You’re not stupid enough to have to work in a place like this’: It’s time to give fast-food workers some respect. Could you do what they do? 

A 39-year-old woman in Parma, Ohio was sentenced to two months working in a fast-food restaurant after throwing a hot bowl in a Chipotle worker’s face.

CVS’s stock drops as the healthcare-benefits business continues to hurt profits

CVS’s CEO said the company is “taking action” to address its challenges, including making leadership changes in some business segments.

Warner Music’s stock rises after profit matches estimates despite small revenue miss

Warner Music Group Corp.’s stock rose 3% premarket Wednesday, after the company matched profit estimates for the second quarter, offsetting a small revenue miss.

New York Times says new digital-only subscribers helped profit rise 41%

News-media provider added 300,000 digital-only subscribers, bringing the number to a total of 10.84 million
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