Articles

Office prices still need to drop 50% for housing conversion projects to work, says Goldman

Prices in San Francisco, Boston, Los Angeles and Seattle need to fall at least 30% more

Lemonade warns that increased spending will hurt its near-term profit

Lemonade Inc., a tech-powered insurance provider, said Tuesday it would spend more on growth this year, a move it said would hurt profits in the months ahead following a year of “extraordinary challenges” in the insurance industry.

Charter appears to be the ‘natural buyer’ of Altice USA — but how likely is a deal right now?

Any deal announcement would arrive during tough times for the cable industry.

Surge pricing is coming to Wendy’s. Here’s how it already affects bigger purchases, like concert and plane tickets.

The fast-food chain with a red-headed mascot is leaving some people red-faced after the news that it plans to test “dynamic pricing” starting as early as next year.

UnitedHealth’s stock falls after report of antitrust investigation

UnitedHealth Group shares fell late Tuesday after a report that the Justice Department has launched an antitrust investigation into the health-insurance giant.

Virgin Galactic narrows losses, but the space-tourism stock drops

The space-travel company lost less money than expected in the latest quarter, but its stock was declining in Tuesday’s extended session.

Beyond Meat’s stock is sizzling, up 103% on growing gross margins

Beyond Meat Inc.’s stock hurtled 80% higher in after-hours trading Wednesday following the company’s quarterly results that included a forecast of gross margins in the mid- to high-teens for 2024.

First Solar predicts a better year ahead, and stock gains

First Solar bucks the trend after post-result share losses for SunRun, SolarEdge.

Vizio results beat expectations, helped by a jump in ad revenue and smart-TV sales

Vizio Holding Corp., the TV maker being bought by Walmart Inc., reported fourth-quarter results Tuesday that beat expectations, helped by a jump in advertising and smart-TV platform sales.

EBay’s stock is on the upswing after strong results and guidance, dividend hike

EBay Inc.’s stock was up 5.5% in extended trading Tuesday after the online marketplace delivered quarterly results that topped analysts’ estimates and issued stout guidance, assuaging for now concerns over its short-term business prospects.

After NY Community Bank’s troubles, JPMorgan Chase did a ‘deep dive’ into its own loan exposure to multi-family homes

JPMorgan Chase doesn’t ‘have any particularly large concerns’ about $120B in multi-family loans, exec says

Are U.S. stocks in a bubble? History says no.

The S&P 500’s torrid and top-heavy advance over the past year has convinced some bearish investors that U.S. stocks are in a bubble. But history says otherwise.
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