Articles

Why DraftKings bulls are cheering, even after a rare earnings miss

DraftKings is calling for ‘more of the same’ in 2024, and after its blowout stock performance last year, analysts seem enthusiastic.

Navalny’s allegations of corruption made him a threat to Putin. Here are some of his most damning claims.

In a country where almost all dissent has been stamped out, Alexei Navalny shined an unrelenting spotlight on corruption, making him one of the biggest threats to Russian President Vladimir Putin.

Zuckerberg mocks ‘Apple fanboys’ over his Vision Pro critique

The Meta CEO had quite a bit to say about Apple fans after he reviewed its new Vision Pro headset

How do bonds perform one year after the Fed’s first interest-rate cut of a cycle?

Don’t sit in money-market funds for too long in a rate-cutting cycle, says Janus Henderson Investors.

Roku’s stock falls 23% — and one bear now sees challenges brewing ‘on all flanks’

Roku’s first-quarter ad-revenue outlook may have underwhelmed, but some analysts flag broader concerns.

Taxes could eat into investors’ stock-purchase money at exactly the wrong time for the S&P 500

Bigger tax receipts may be “good for the nation’s accumulating debt, but not for the path of the stock market,” an analyst said.

Goldman says CEO David Solomon was paid $31 million for 2023, but final tally could be millions more

Goldman Sachs Group Inc. disclosed Friday that Chief Executive David Solomon’s total compensation in 2023 was $31 million, but the final tally the bank puts in its proxy statement could be a lot higher.

Guess makes first acquisition in its 43-year history with deal to acquire trendy New York brand Rag & Bone

Guess Inc.’s stock rose 3% on Friday after the clothing, footwear and accessories maker said it has agreed to acquire New York-based fashion brand Rag & Bone, which had 2023 revenue of about $250 million.

Fed’s Daly says patience is needed to finish the job on inflation

Three rate cuts in 2024 is a ‘reasonable baseline,’ San Francisco Fed President Mary Daly said Friday.

Platinum rises from ashes of ‘dieselgate’ to outperform palladium. What’s next.

Platinum traded higher than palladium this month for the first time in almost six years.

Biden says U.S. ‘looking at a whole number of options’ after Russian opposition leader Navalny’s death

President Joe Biden on Friday denounced the reported death of imprisoned Russian opposition leader Alexei Navalny.

‘She was very special to me’: My late 98-year-old cousin was targeted by grifters. They stole $800,000. Do I have any recourse?

“I often went over her checkbook and bills to make sure there were no overcharges or unusual amounts taken out.”
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