Articles

Swisscom buying Vodafone Italia for $8.7 billion

Swisscom will merge its Fastweb unit with Vodafone Italia.

Japanese large companies to give biggest pay bump in 33 years, union says

Japan’s largest labor confederation said large companies will be giving the highest pay raise in 33 years, possibly setting the stage for the end of negative interest rates next week.

Popular QQQ ETF is losing steam this month — even as growth stocks outperform in 2024

This week’s ETF Wrap digs into the performance of the technology-heavy Invesco QQQ Trust Series I, as investors eye the mixed performance of Big Tech stocks so far in 2024.

Fisker breaks silence about potential bankruptcy. Here’s what it had to say.

Fisker tries to ward off bankruptcy talk, says it is still engaging with another carmaker to survive.

These three little words can bring you big success in the stock market

The power of ‘I don’t know.’

Options trades to exceed stocks for first time since 2021 as $5 trillion in contracts comes due Friday

Options tied to more than $5 trillion in stocks, exchange-traded funds and equity indexes are set to expire Friday during the quarterly triple witching — when a welter of monthly contracts are set to expire alongside index futures.

Bulls are charging through the stock market with surprising strength and speed

Market internals are still in pretty good shape.

Madrigal Pharmaceuticals gets first FDA approval for drug targeting liver disease MASH

Madrigal Pharmaceuticals on Thursday received FDA approval for the first drug designed to treat a severe liver disease known as MASH.

Shares of Ulta Beauty fall as profit forecast comes up short

Shares of Ulta Beauty Inc. fell after hours on Thursday after the beauty retailer forecast full-year profit that was a bit below expectations, as growth slows following a massive post-pandemic rebound.

Trump legal strategy of delay succeeds again as Stormy Daniels case is likely to be pushed back

New York prosecutors agree to a 30-day delay in starting the first criminal case Trump faces, in order to give the defense time to review new documents.

Biden’s objection to U.S. Steel’s takeover by Nippon shows politics swaying national-security decisions

President Joe Biden came out forcefully against Nippon Steel’s planned acquisition of U.S. Steel on Thursday, stressing the importance of maintaining “strong American steel companies powered by American steel workers.”

Adobe had a strong quarter, but analysts want more digital-media revenue

Adobe Inc.’s stock dipped more than 10% in extended trading Thursday after the company posted robust quarterly results that highlighted its AI push ahead of its annual developers conference. The company also announced a $25 billion share-buyback program.
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