Articles

Tesla to recall 1.6 million vehicles in China

Tesla will recall 1.62 million vehicles in China, over concerns about steering software, news agencies reported Friday, citing a government statement.

Peloton partners with TikTok, and shares race 14% higher

Peloton Interactive Inc. shares surged Thursday after the connected-exercise platform announced an exclusive partnership with TikTok.

European supermarket giant pulls PepsiCo products due to high prices

France-based Carrefour started removing items including Doritos and Lays chips, Pepsi and 7-Up soda, Lipton tea and Quaker foods from stores in France, Italy, Spain and Belgium on Thursday

AMC hits another record low close, extends losing streak to four days

AMC Entertainment Holdings Inc. hit another record-low close Thursday, ending the session at $5.30 after falling 5%.

Verizon’s problems ‘aren’t just narrative’ — but here’s the bull case for the stock

Wolfe Research analyst Peter Supino upgraded the stock to outperform from peer perform late Wednesday, writing that he and his team "really like" the risk-reward balance.

Seize Russia’s frozen assets to support Ukraine’s military and finance its recovery

Russia must be held accountable for the devastation it has wrought.

Microsoft gets closer to overtaking Apple as most valuable U.S. company

Now valued at $2.73 trillion, Microsoft is worth about $100 billion less than Apple, which is valued at $2.83 trillion.

A payment method that some call ‘phantom debt’ just hit a new record

Wells Fargo economists say “there is no way to know when this phantom debt could create substantial problems."

Why Red Sea chaos is driving oil buyers ‘into the arms of U.S. shale producers’

U.S. crude exports could be on track to break record as a result of attacks on shipping in the Red Sea, says veteran oil analyst.

Donald Trump tightens grip on landmark Manhattan skyscraper at center of NY court case

New York Attorney General, Trump Org. are wrapping up case before Manhattan judge

This earnings season will be the first big test of the market’s year-end rally. The forecasts don’t look great.

As JPMorgan Chase and Delta lead off the earnings parade next Friday, analysts are wary about a year that's likely to be defined by continued high prices that will force shoppers to be more selective.

‘The ETF is winning out long term’: BlackRock tops market share for ETFs, but 2023 flows point to Vanguard catching up

BlackRock finished 2023 with the biggest market share in the exchange-traded fund industry.
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