Articles

iRobot to cut 350 jobs in restructuring after Amazon scraps acquisition deal

iRobot is expecting a fourth-quarter loss of up to $285 million.

Taylor Swift is worth $331 million, and counting, to NFL and the Chiefs

Apex Marketing Group has estimated the equivalent brand value of the Grammy winner’s association with Travis Kelce and appearances at the Chiefs games is worth millions.

Microsoft earnings are on deck, and the whole software sector is riding on them

It’s almost time for investors to find out more about the next leg of Microsoft’s AI growth.

Red Sea attacks add ‘element of uncertainty’ for food retailers, says BMO

Since November, there have been dozens of attacks on cargo ships in the region from Houthi-controlled Yemen.

American Healthcare REIT, Fortegra and Fractyle Health set IPO price ranges as thaw continues

The three deals signal that the thaw in initial public offerings remains on track despite a choppy debut from BrightSpring Health Services Inc.

Bayer shares slump after court tells firm to pay $2.25 billion over Monsanto weedkiller lawsuit

A Philadelphia jury ordered Bayer to pay $2.25 billion to John McKivision, who claims exposure to Roundup caused him to develop cancer

Tesla expects capex to exceed $10 billion in 2024

Tesla made the disclosure in its 10-K annual report, which it filed with the Securities and Exchange Commission on Monday.

REV to wind down transit-bus manufacturer ENC

REV’s stock rallied Monday, after the vehicle manufacturer said it will pay out a special dividend with the cash generated by strategic actions, including the winding down of its ElDorado National-California (ENB) transit bus manufacturing business.

SoFi’s stock rockets as earnings blow past expectations on surging loan volumes

SoFi shares were surging in premarket trading after the company rode surging lending volumes to better-than-expected profitability for the latest quarter.

Treasury yields move lower as traders await crucial week of data, Fed decision

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Ryanair narrows profit guidance following clash with travel agents, says Boeing delays will hit growth

Various online travel agents stopped listing Ryanair flights in December following pressure from regulators and the airline itself

This market is a ‘bear trap’ so here’s what to buy, strategist says

The Hang Seng in Hong Kong is at a very wide discount to the mainland
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