Articles

Banking: Succession wait bites into Morgan Stanley’s stock as company studies CEO options

Morgan Stanley's stock has fallen 9% in the past week, after the bank provided no update on who will take over after CEO James Gorman retires next spring.

Crypto: Bitcoin could reach $48,000 by year-end, technical analyst says. Is crypto spring arriving? 

Bitcoin is likely to rally further and reach up to $48,000 by the end of the year, based on technical analysis, one analyst says. 

: Tom Emmer nominated for speaker by House Republicans

House Republicans take another step in their effort to install a new speaker for their chamber, which hasn't had a permanent speaker for three weeks.

: EXCLUSIVE: AMC boosted by Taylor Swift and summer blockbusters, cinema foot-traffic data show

Cinema chains, including AMC, are getting closer to prepandemic visit numbers, according to analytics company Placer.ai.

: Slashing phone hold times and more: AI is about to make your life way better

AI-empowered customer service will reduce hold times from hours to minutes, and boost the jobs of human representatives who will address bigger problems.

The Tell: ‘Risk of an oil shock is rising’ due to Mideast war, says BCA Research

The near-term risk of an oil shock is rising as the U.S. beefs up its presence in the Middle East, according to strategist Roukaya Ibrahim of BCA Research.

Earnings Outlook: Microsoft earnings: What to expect

Microsoft's cloud-computing story is likely to drive the day when the company reports earnings Tuesday afternoon.

: Who’s delaying climate action? The climate advocacy groups creating barriers to carbon markets.

The very groups seeking to accelerate climate action are poised to choke off one of the largest sources of climate finance: the global voluntary carbon market.

Economic Report: GDP bonanza: U.S. economy may have grown 5% in the third quarter

The U.S. economy has not only defied widespread predictions of a sharp slowdown. It's grown even faster.

Crypto: Bitcoin surged up to 18% in the past 24 hours. Here’s what’s driving the rally.

Bitcoin rose further on Tuesday, building on its gain Monday amid continued optimism that an exchange traded fund based on the crypto will be approved in the U.S. soon. 

: Moderna’s stock snaps record losing streak as Cathie Wood’s ETF boosts stake by more than $4 million

Moderna Inc. investors enjoyed a rare rally Tuesday as the shares of the biotechnology company headed for their first gain in two weeks.

Earnings Results: GE stock sees biggest rally in more than 2 years after a big earnings beat, raised outlook

GE's stock surged Tuesday, after the aerospace, power and renewable energy company's third-quarter results beat expectations by wide margins.
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