Articles

WeWork emerges from bankruptcy, names John Santora its new CEO

WeWork said it had emerged from bankruptcy and named Cushman & Wakefield executive John Santora as its next chief executive officer.

Apple adds $215 billion in market cap as stock leads S&P 500 for first time in years

Apple is closing in on Microsoft in its bid to reclaim title of largest U.S. company for the first time since the start of the year.

Fed’s rate-cut path in 2024 is a ‘very close call’ as market awaits Powell’s guidance

Markets are gearing up for a big day on the U.S. economic calendar.

Oracle’s stock soars as upbeat guidance, Google deal outweigh earnings miss

Oracle shares were shooting more than 9% higher in Tuesday’s extended session after the company delivered upbeat guidance that seemed to overshadow an earnings miss for the latest quarter.

Paramount shares fall on report Redstone has ended merger talks with Skydance

Shares of Paramount Global slid on Tuesday following a report that merger talks had ended between Shari Redstone’s National Amusements and Skydance Media.

Former Trump housing official sees potential for building homes on public land in a second term

Two experts on housing from different sides of the aisle clashed Tuesday over what a second Trump administration could mean for Americans dealing with the tough market for home buyers.

Can U.S. energy industry keep up with thirst for electricity? Trade group has concerns.

With AI use projected to push consumption higher, former Energy Secretary Dan Brouillette said the energy sector’s struggle to meet demand should be a “red flag” for Americans.

Virgin Galactic shares skyrocket, on pace for biggest gain in 2 weeks

The space-tourism company’s stock rallied Tuesday after ending Monday’s session down more than 5%.

How the stock market performs when a CPI report and a Fed decision happen the same day

Investors are bracing for a rare double feature Wednesday when a key inflation reading and a Fed meeting occur the same day.

GM cuts EV production outlook but stresses that demand remains strong

Shares of General Motors Co. were trading at more than a two-year high but pared earlier gains after the automaker cut its full-year outlook for electric-vehicle production.

Apple Intelligence could be the superpower AI assistant we’ve always wanted

Apple’s WWDC announcement is all about you and your digital life.

Why bond and stock markets are staying calm despite stormy Treasury yield swings

An interesting dynamic is unfolding in the U.S. bond and stock markets, which continue to reflect underlying calm even after recent swings in both directions on Treasury yields.
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