Articles

Deere’s stock falls as earnings beat but full-year outlook falls short

Shares of Deere & Co. dropped Thursday, after the agricultural, construction and turf equipment maker reported fiscal first-quarter earnings that were well above expectations but provided a downbeat full-year outlook, with business segment sales underperforming the industry.

Target takes lesson from dollar stores with new Dealworthy brand

Target unveiled a new brand featuring products as low as under $1 as consumers push back against higher prices.

Treasury yields dip ahead of big data dump that includes January retail sales, jobless claims

Bond yields fell on Thursday as traders prepared for a big batch of U.S. economic data.

Is the U.K. really in recession? Using U.S. concepts, it’d be a tough call.

Applying how a group that labels recessions in the U.S. to the U.K. shows it would be a tough call.

Tiger Global slashes stakes in Magnificent Seven while piling into semiconductor makers

The New York money manager cut its positions in Alphabet, Meta, Microsoft and Nvidia while upping its stake in Amazon.com

The BMW X2 is totally revamped for 2024, with more interior space and the latest tech

The 2024 BMW X2 is a sporty and luxurious subcompact SUV, the more design-forward sibling to the X1. It enters its second generation with more presence and tech.

Smart tax tips for freelancers, small businesses and gig workers

Here are some tax moves to help save you money, especially for entrepreneurs with annual incomes between $50,000 and $80,000.

Harvard remains the nation’s richest school as college endowments keep growing

A ranking of college endowments shows that schools like the University of California are getting richer — but critics question whether students benefit.

Rakuten shares gain in Tokyo after strong outlook

Shares of Rakuten Group rose sharply after its results showed a markedly better financial performance, and painted a promising outlook for the year ahead.

Paramount Global shares fall 6% after Warren Buffett cuts stake

Shares of Paramount Global traded in the red after hours on Wednesday following the news that Warren Buffett’s Berkshire Hathaway pared its holdings in the company.

Cisco could be a late bloomer in generating big AI revenue

Cisco CFO Scott Herren said he expects “the majority of that billion dollars in orders will turn into revenue in our fiscal 2025.”

Elon Musk’s SpaceX files to move incorporation from Delaware to Texas

In a filing Wednesday, the Texas secretary of state’s office certified SpaceX’s application for conversion. SpaceX has extensive operations in Texas, including a launch facility.
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