Articles

Ingram Micro could be worth more than $5 billion in return to public markets

Ingram Micro has set terms for its initial public offering, as the profitable California-based information-technology company is returning to the public market with a valuation could be move than $5 billion.

If Trump wins, get ready to finance that Ferrari

The GOP presidential nominee’s pitch to make car-loan interest tax deductible would be a boon to wealthy taxpayers.

ASML’s stock tumbles after microchip equipment maker warns of slower recovery

ASML Holding, the Dutch microchip-equipment maker, saw its stock slide after saying the market recovery for semiconductors will take longer than expected.

Wall Street’s most frustrating ‘pain trade’ looks set to continue

For Wall Street’s professional money managers, the biggest “pain trade” right now is the ongoing rally in stocks following a massively successful two-year bull run.

TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins

The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.

Albertsons’ stock climbs on Q2 earnings and revenue beat

Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.

Tech legend Marc Andreessen’s latest venture: Rallying Silicon Valley around Trump’s stances on crypto, AI and taxes

Entrepreneur and investor Marc Andreessen has set out in a new political direction this year.

Here are the three things to watch when the European Central Bank meets

Will the ECB commit to more rate cuts with inflation below its 2% target

Who is having the biggest influence on your money in 2024? Meet the MarketWatch 50.

The MarketWatch 50 lists the traders, corporate chiefs, AI players, policy makers and experts who are having an impact on the market — and your wallet.

ASML results could provide insight into AI, China demand

ASML Holding, the Dutch company that makes the chip-making machines used by the major players in the semiconductor industry, is on Wednesday due to report results that could provide some insight into the health of the AI sector as well as into the impact of trade restrictions on exports to China.

Manufacturing activity contracts in New York region in October after surging in prior month

Empire State factory gauge slumps to negative 11.9, weaker than expected

Britain’s summer riots paid off for one company

Mitie Group, a provider of outsourcing services, said the provision of “surge response” security services for the U.K. Home Office was one factor behind a 13% rise in revenue in the first half
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