Articles

Leading indicators fall again, but U.S. appears no closer to recession

Leading economic index dips 0.1% in December

Gilead’s stock tumbles toward biggest selloff in more than nine years as lung-cancer trial disappoints

Shares of Gilead Sciences tumbled 9.7% early Monday after the company reported disappointing lung-cancer trial results.

Should Apple investors worry about a Justice Department antitrust lawsuit?

Speculation about Apple's near future comes against the backdrop of the U.S. Supreme Court's decision Jan. 16 not to hear appeals of an antitrust ruling on Epic Games Inc.'s lawsuit over App Store policies.

Fisker’s stock bounces after investor agreement, but can it last this time?

Shares of Fisker Inc. bounced Monday after the troubled electric-vehicle maker disclosed an agreement with an institutional investor that will free up cash to run the company.

Curaleaf and Travel Agency open separate, new cannabis stores as legal New York State marijuana sales increase

New York State's legal-cannabis business is speeding up after a slow start due to some headwinds, including the cost of real estate and competition from literally thousands of unlicensed stores hawking unregulated cannabis products.

NuStar’s stock soars 22% as Sunoco to acquire company in $7.3 billion deal including debt

The deal is expected to close in second quarter and support Sunoco's distribution.

Spirit Airlines shares set to continue rebound, says T.D. Cowen

Shares of Spirit Airlines Inc. are likely to continue their rebound Monday, according to T.D. Cowen, continuing their rally after a five-day losing streak that followed a federal judge’s decision to block a proposed $3.8 billion acquisition by JetBlue Airways Corp.

Oil prices edge higher as investors weigh geopolitical tensions, demand outlook

Oil futures moved higher Monday, but remain rangebound as investors weigh geopolitical tensions and the outlook for demand.

Tech leads stock market’s January rally by wide margin. Watch out for February.

Tech was the champ in January. Don't expect the sector to repeat its market-leading performance in February, says Jefferies.

Marriott and Hilton added thousands of hotel rooms in 2023 amid travel rebound

Both Marriott and Hilton said that they see the increase in room and travel demand continuing through 2024.

Is Warren Buffett’s stock market view reflected in Berkshire Hathaway’s $150 billion cash hoard?

Berkshire's cash allocation hasn’t been constant, but has fluctuated in a narrow range.

The stock market needs better earnings to keep climbing. It’s not going to get them, warns JPMorgan

Bulls need sure footing at this altitude but earnings are not likely to provide support
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