Articles

Foxconn profit jumps as iPhone maker banks on AI server revenue for growth

Hon Hai Precision Industries, better known as Foxconn, said its fourth-quarter profit jumped 33% despite revenue going down.

China’s economy is slowing. But its old-age market is booming.

Products from anti-aging cosmetics and procedures to elder-care facilities are growth areas as China’s demographics go gray.

Fossil Group CEO steps down amid pressure from activist investor; shares surge

Shares of fashion brand Fossil Group Inc. jumped 8.5% in after-hours trading Wednesday after Kosta Kartsotis stepped down as chief executive and the company announced a strategic review amid pressure from an activist investor.

Ben Shapiro and the conservative myth about Social Security

Conservative broadcaster and gadfly Ben Shapiro stopped by the peanut gallery this week, where he offered thoughts on retirement and Social Security and went 0-for-2.

These 3 stock-market ‘yellow flags’ raise questions about how far this rally can run

Stocks are on fire, but some market watchers don’t like what they see — or more precisely, don’t see — below the surface.

Kevin Plank is returning as Under Armour’s CEO. He faces an uphill climb, an analyst says.

Kevin Plank, who founded Under Armour in 1996 and served as chief executive until 2019, will return to that role next month, the athleisure gear maker said on Wednesday.

MicroStrategy plans another convertible-debt deal so it can buy more bitcoin

The software company purchased 12,000 bitcoins over a recent two-week span, largely using past convertible proceeds.

Robinhood’s stock climbs as retail trading continues to storm back

Robinhood Markets Inc. saw a big increase in trading volumes during February, and its stock was roaring higher in Wednesday’s after-hours session.

Boeing bonds are still coveted by investors despite a rough 2024 for jet maker

The aerospace giant’s bonds are seeing more buyers than sellers since trouble erupted in January.

Fisker’s stock plunges nearly 40% after bankruptcy report

Shares of Fisker Inc. dropped nearly 40% in the extended session Wednesday after a report said the embattled EV maker is exploring a bankruptcy filing.

Bitcoin keeps setting new record highs. Are retail investors back in the game?

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

UiPath delivers a surprise profit, and its stock is getting a boost

The company delivered upbeat financial results while pointing out tailwinds related to artificial intelligence.
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