Articles

Treasury yields inch higher as traders absorb Fed minutes, await economic updates

Bond yields rose slightly early Thursday as investors eyed looming weekly jobless claims data and services and manufacturing surveys for fresh clues on the health of the U.S. economy.

Nvidia is set to be worth as much as all German stocks put together

Nvidia’s standout first-quarter puts the chipmaker at the forefront of the artificial intelligence revolution to have nearly the same market value as all listed German companies put together.

401(k) millionaires surged 43% in the past year — here’s how long it took them to reach $1 million

Becoming a 401(k) millionaire doesn’t happen overnight. Here’s how many years it took, on average.

Who loves Rishi Sunak’s snap U.K. election? Here’s the real winner.

The British prime minister calling a shock general election for July should be excellent news for U.S. investors.

Nvidia just created a new multibillion-dollar business from scratch

Chief Financial Officer Colette Kress told analysts about a new area that is rapidly growing: sovereign AI.

Live Nation stock falls after report that DOJ will seek company’s breakup in antitrust suit

Shares of Live Nation Entertainment Inc. sank in after-hours trading Wednesday following reports that the Justice Department is poised to sue the company over antitrust violations and will seek its breakup.

Vans’ parent company is trying to turn itself around. Its bottom line just got worse.

Shares of VF Corp. tumbled after hours on Wednesday after the maker of North Face gear and Vans sneakers reported a surprise adjusted quarterly loss.

Cencora to buy $400 million in stock back from Walgreens

Cencora has agreed to buy about $400 million in stock back from Walgreens Boots Alliance, the second time the pharmacy chain has reduced its stake in the company this year as it looks to free up cash to pare down debt.

House passes historic crypto bill. Here’s why it’s a ‘massive step forward’ for the industry.

The House of Representatives passed landmark crypto legislation Wednesday with strong bipartisan support, signaling a potential sea change in Washington’s attitude toward the digital-asset sector.

DuPont is latest industrial behemoth to split into multiple public companies

Separately, the company said that its board selected Lori D. Koch, DuPont’s chief financial officer, to be its new chief executive.

Progyny’s board approves another $100 million stock buyback

The board of Progyny has approved a $100 million share-repurchase authorization, its second this year.

‘So far, so great’ for newly public Reddit, says moderator-turned-investor

Just over 60 days since Reddit Inc.’s initial public offering, one of the social-media platform’s moderators-turned-investors says she is “really pleased” with how things are going.
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