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CommScope rallies on deal to sell units to Amphenol for $2.1 billion

CommScope Holding Co. Inc.’s stock jumped more than 11% on Thursday after the networking technology company said it agreed to sell two business units with a combined 4,000 employees to Amphenol Corp. for $2.1 billion.

Why PayPal’s ‘perplexing’ stock just got downgraded, while Block’s got upgraded

A William Blair analyst thinks PayPal faces “intractable competitive challenges” from Apple.

U.S. economy is slowing, leading index signals

The leading index for the economy fell again in June for the fourth month in a row, reflecting a slowdown in U.S. growth since the start of the year.

Meta in talks to buy a near $5 billion stake in Ray-Ban sunglasses parent: WSJ

Meta Platforms is in talks to pay nearly $5 billion for a 5% stake in France-based eyeglass giant and Ray-Ban parent EssilorLuxottica SA, according to a report in The Wall Street Journal.

Why Nvidia, AMD shares are rebounding after chip sector’s worst drop since 2020

Prominent chip stocks are bouncing back Thursday in the wake of upbeat, AI-fueled results from TSMC.

Amazon Prime Day set records in 2024, retailer says

The online retailing giant said the 2024 Amazon Prime Day event was its biggest ever.

Philadelphia Fed’s factory gauge jumps in July, a sign U.S. manufacturing could be recovering

The Philadelphia Fed said Thursday its gauge of regional business activity rose to 13.9 in July from 1.3 in the prior month.

Jobless claims jump t0 243,000 and match nearly one-year high

The number of Americans who applied for unemployment benefits last week shot up to 243,000 and matched a nearly one-year high, driven by a spike in new job less claims in Texas after hurricane Beryl.

These tips for investing in mutual funds and ETFs can refresh your portfolio

Small-caps rally while bonds and value stocks get a reboot.

Ford adding 2,000 workers at three plant to build more trucks

Auto giant building up capacity at plant in Oakville, Ontario

Worried about the election? Experts share what to do with your money.

Financial experts offer money tips for people trying to navigate feelings about the uncertain future. “What we can control is what we’re doing with our money today.”

Ryan Cohen reiterates support for Donald Trump ahead of former president’s RNC speech

GameStop Corp. Chief Executive Ryan Cohen reiterated his support for Republican presidential nominee Donald Trump late Wednesday, just days after endorsing him.
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