Articles

Dow Jones Newswires: DWAC delays shareholder vote to extend Trump Media merger deadline

Digital World Acquisition, the special-purpose acquisition company that has agreed to merge with Trump Media & Technology Group, pushed back its shareholder vote to extend its merger deadline.

: EV startup VinFast may be worth more than Ford and GM, but there’s a catch

Shares of EV startup VinFast Auto Ltd. have given back some of their stunning Nasdaq debut gains but the company's market capitalization on paper kept ahead of the likes of Ford Motor Co.'s and General Motors Co.'s market value.

Market Extra: Bob Elliott’s Unlimited prepares to launch hedge-fund strategy ETFs

Bob Elliott’s Unlimited Funds, an investment firm he started last year, is aiming to offer eight new exchange-traded funds, according to a filing with the U.S. Securities and Exchange Commission. 

: Hawaiian Electric in restructuring talks after Maui fires: Wall Street Journal

Hawaiian Electric Industries is in talks with restructuring firms to explore its legal and financial options after Maui wildfires, the Wall Street Journal reported Wednesday.

: Appeals court rules to restrict abortion-pill access, but it will remain widely available for now

Widely used medication abortion method hangs in balance, with case likely headed to U.S. Supreme Court

Earnings Results: Wolfspeed’s stock sinks as silicon-carbide chip company sees swelling losses

Wolfspeed on Wednesday forecast steeper losses than anticipated for the current period.

: Biden calls IRA ‘one of the most significant laws’ ever as he promotes climate investments

President Biden marked the first anniversary of his Inflation Reduction Act, a massive package that is part of his broader "Bidenomics" program.

The Ratings Game: Synopsys stock rises as chip-design company’s earnings, outlook top Street view

Synopsys shares rose after hours Wednesday after the chip design verification and automation company topped Wall Street earnings expectations.

Earnings Results: Cisco logs a strong quarter but its cautious outlook pushes the stock down

Cisco Systems Inc. reported strong quarterly results, but a mixed full-year forecast for fiscal 2024 turned shares south in after-hours trading Wednesday.

: Why Margot Robbie’s $50 million ‘Barbie’ payday is pretty good — for a girl

Women in Hollywood, similar to women in many other industries, generally make far less money than their male counterparts, which has persisted through time.

: Housing market has hit ‘rock bottom,’ says Redfin CEO Glenn Kelman

This is turning out to be a long, cool summer --- at least where the housing market is concerned.

In One Chart: 10-year U.S. Treasury yields above 4% are probably the peak, says Swiss Re

The dramatic rise of the 10 year Treasury yield above 4% in recent weeks is likely a peak for this cycle, says Patrick Saner, head macro strategy at Swiss Re.
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