Articles

Tech stocks vulnerable to sharp selloff as investors’ positioning becomes dangerously stretched, Citi warns

U.S. investors are so bullish on technology stocks that even a slight hiccup could send the tech-heavy Nasdaq-100 careening lower.

DocuSign plans to cut 6% of its work force

DocuSign Inc. said Tuesday it will take up to $32 million in charges against its earnings as part of a cost-cutting move to reduce its work force by 6%, as job reductions continue in the technology sector.

Adam Neumann is trying to bid for WeWork, reports say

Adam Neumann is trying to buy back the company he co-founded and loaded with debt.

Recent IPO Amer Sports is tapping the high-yield bond market with $600 million deal

The news surprised investors coming just days after Amer Sports made its debut on the New York Stock Exchange with a deal that priced below the proposed price range at $13 a share.

Morgan Stanley’s five reasons why European stocks will prove pessimists wrong in 2024

When Morgan Stanley’s European equity analyst team said they saw 9% upside for the MSCI Europe index in 2024, many of their clients were having none of it.

Eli Lilly’s stock leaps toward a record as a 16% jump in prices boosted profit

U.S. prices for Lilly’s drugs climbed 27%, driven by diabetes treatment Mounjaro, while prices outside the U.S. fell.

Plug Power’s stock loses a bull with company seen in ‘triage’ mode

Plug Power shares have been subject to volatile swings in recent months, and now a Seaport Research analyst is recommending a neutral stance.

Hertz’s stock heads for record low after car rental company’s loss was wider than expected

Hertz Global Holdings Inc.’s stock tumbled 7% early Tuesday to put it on track for its lowest close since emerging from bankruptcy in July of 2021, after the car rental company posted a wider-than-expected fourth-quarter loss.

Lear’s stock falls, as auto-parts maker reports an earnings miss

Lear Corp. reported increased net income and sales over the same quarter last year, but some numbers fell short of analysts’ expectations.

Why small-business loans are a win-win for women-run startups and smaller banks

A bowling alley in Pittsfield, Mass., is on a roll after receiving a Small Business Association loan through a local bank,

Spotify’s stock rallies after earnings as user growth brings a positive surprise

Spotify narrowly topped expectations for monthly active users and premium subscribers.

GE Healthcare beats fourth-quarter earnings estimates to offset soft profit guidance

GE HealthCare Technologies Inc.’s stock rose 1.9% early Tuesday, after the company posted better-than-expected profit and revenue for the fourth quarter, offsetting soft profit guidance for 2024.
1 1,670 1,671 1,672 1,673 1,674 2,493