Articles

Dow Jones Newswires: China’s consumption, investment cool further in July

China's retail sales, a key metric for the country's consumption, rose 2.5% from a year earlier in July, down from a 3.1% year-on-year increase in June, said the National Bureau of Statistics.

Dow Jones Newswires: China’s central bank cuts two key policy rates

China's central bank on Tuesday cut two key policy rates, signaling that the country's benchmark lending rates will fall later this month.

: Netflix starts testing videogames on TVs and computers

Netflix on Monday said it was testing games on more devices where people consume its videos, like TVs and computers.

Dow Jones Newswires: Clorox says some operations disrupted amid unauthorized activity on IT systems

Clorox said parts of the company's operations have been disrupted after the maker of cleaning products and other consumer goods identified unauthorized activity on some of its information-technology systems.

The Ratings Game: Okta stock snags double upgrade to buy after analyst sees ‘path’ to 12-month outperformance

Okta shares closed Monday with a modest gain after the identity-management software company scored a double upgrade ahead of earnings.

The Tell: Risky bonds are facing a ‘maturity wall’ that could sow more panic in markets

Trillions of dollars worth of higher-risk bonds and loans are set to come due before the end of 2025, creating a "maturity wall" that could potentially inject more panic into markets, according to Morgan Stanley.

: Greenlight Capital opens new positions in Activision Blizzard, First Horizon

Greenlight Capital acquired a big stake in Activision Blizzard while the fate of the videogame publisher's purchase by Microsoft was up in the air.

: Dan Loeb’s Third Point wagers on Nvidia, Amazon, Uber with new positions

Dan Loeb's Third Point LLC built new positions in Uber Technologies Inc., Amazon.com Inc. and Nvidia Corp. during the latest quarter.

: Warren Buffett bet on home builders and retreated from videogames during the second quarter

Warren Buffett's Berkshire Hathaway Inc. took new stakes in home builders and bulked up on Capital One Financial Corp. in the second quarter.

Market Extra: Long-term Treasury bond ETFs fall as Goldman Sachs forecasts rate cuts in 2024

Shares of exchange-traded funds that buy U.S. Treasury bonds with long-term maturities fell Monday, after three straight weeks of declines, as Goldman Sachs Group analysts forecast the Federal Reserve may cut interest rates next year. 

: Tepper’s Appaloosa places big bets on Apple and AI chipmakers Nvidia and AMD, while dropping Tesla

Appaloosa revealed new positions in both AMD and Apple late Monday while dumping a position in Tesla it acquired a quarter ago.

Key Words: ‘Lazy-girl jobs’ creator hits back at elitism criticisms — says these jobs are ‘not a privilege of the middle class.’ Others disagree.

Gabrielle Judge, a TikTok influencer, insisted that allegations of privilege about the term she coined are unfounded.
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