Articles

Fed is ‘not out of woods’ on inflation, new regional bank president says

The battle against rising prices is not over, one of the newest top Federal Reserve officials said Monday.

Hims & Hers’ stock jumps on hopes of first profitable year, as it floats opportunities in weight loss

Shares of Hims & Hers Health Inc. rallied after hours on Monday, after the online wellness platform said 2024 would be its first year of positive net income and forecast first-quarter and full-year sales that were above expectations.

Broadcom CEO Hock Tan made $161.8 million in compensation last year

Broadcom’s Chief Executive Hock Tan made over $160 million last year, mostly in stock awards.

AT&T customers say a $5 credit for a massive cellphone outage is ‘a joke.’ Legally, they’re not owed anything.

There are no rules requiring cellphone carriers to reimburse customers for outages, one consumer advocate told MarketWatch.

Alphabet’s stock has weathered past AI missteps. Is latest blunder different?

Wall Street currently appears worried about the fallout of an image-generation feature within the Gemini chatbot.

Expedia to cut about 1,500 jobs

First employees affected getting notified on Monday, online travel company says.

Unity’s stock sheds nearly a fifth of its value as earnings, forecast underwhelm

Unity shares were tanking in late trading Monday after the app-monetization company whiffed with its latest results and forecasts.

iRobot narrows its loss, and shares jolt higher

Shares of iRobot Corp. initially jumped 10% in after-hours trading Wednesday after the company posted quarterly results that topped analysts’ revenue and earnings estimates.

CarGurus had a better quarter, but all eyes focus on weaker guidance

A lower-than-expected current-quarter guidance for the online car platform sends CarGurus’ stock tanking.

Japanese stocks are at a record high, revealing a primary lesson about investing

Most investors ignore Japan when concluding that stocks should come out ahead over investment horizons as short as a decade. There’s a belief that Japan’s multi-decade dry spell is an exception to the rule.

Broadcom stock rises to a record after $4 billion deal to sell its EUC Division

Broadcom’s stock rallied into record territory Monday, after the semiconductor and software company agreed to sell its End-User Computing Division to KKR & Co. Inc. in a deal valued at $4 billion.

Workday logs profit beat and inks AI deal, but stock drops after earnings

The software company merely met revenue expectations for the latest quarter.
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