Articles

: Morgan Stanley has downgraded China — and here’s the rival it prefers

China is no longer an overweight, strategists at Morgan Stanley said in a note changing its preferences on several emerging and Asian-Pacific markets.

: Bad as it was, the biggest drag on Anheuser-Busch InBev profit wasn’t Bud Light

Anheuser-Busch InBev on Thursday reported a big drop in profit for the second quarter, and as expected results in North America suffered after consumer boycotts of Bud Light.

Dow Jones Newswires: AB InBev profit slumps as Bud Light sales dive in the U.S.

Anheuser-Busch InBev has reported a massive fall in second-quarter net profit--missing market expectations--as a fall in U.S. volumes offset rises in other regions.

Dow Jones Newswires: China’s Caixin services PMI strengthens in July

A private gauge of China's services activity edged up in July, pointing to continued recovery in the nation's services sector.

Dow Jones Newswires: Samsung, Hyundai lead $100 million funding into AI hardware startup Tenstorrent

Canadian tech hardware startup Tenstorrent raised $100 million from investors including Hyundai Motor Group and Samsung Electronics to develop advanced chips used in artificial intelligence.

Dow Jones Newswires: Australia’s services PMI contracted in July, but price pressures remain

Activity in Australia's services sector contracted in July, but there remains a problem with inflation that may add to existing concerns at the Reserve Bank of Australia that the sector could keep a fire burning under price pressures in the next year.

Earnings Results: Lemonade stock sours after hours as better-than-expected results, outlook follow strong run

Lemonade shares fell in the extended session Wednesday after mobile-based insurance company's better-than-expected results and outlook.

Market Extra: Your home mortgage is probably in a bond deal that benefits from the U.S. credit rating. What happens now that Fitch has downgraded that credit?

Most U.S. home loans are sold into bond deals with government backing, similar to Treasury notes. Here's what matters in housing finance after Fitch lowered its AAA credit rating on U.S. debt.

: How will Overstock’s new Bed Bath & Beyond store be different from the old one? All your questions answered.

The “new” Bed Bath & Beyond will have an online presence but no physical stores

In One Chart: How DeSantis is leading Trump in cash on hand, even as the former president dominates in polls

Trump has a big lead over DeSantis in polls for their party's 2024 presidential primary, but disclosures show the Florida governor has a cash advantage.

Dow Jones Newswires: Traeger stock rallies 21% after company beats Q1 sales expectations

Traeger stock jumped 21% after the company reported higher-than-expected revenue in its latest quarter on Wednesday as additional price hikes helped offset a drop in units sold due to lower consumer demand for its grills.

Earnings Results: Unity Software stock rallies more than 5% as results top Street estimates

Unity Software shares rose in the extended session Wednesday after the company raised its annual forecast and posted a narrower-than-expected loss.
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