Articles

U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal hole and looks to invest for economic recovery.

Super Micro filing indicates Ernst & Young flagged governance concerns back in July, which was before a short seller’s report put them on the minds of investors.

Reddit Inc.’s better-than-expected third-quarter results highlight the social-media platform’s strong growth potential, analysts say. 

Digital asset companies are the biggest corporate donors in 2024

“There were tellers, three chairs, visible safe-deposit boxes and an ATM.”

Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting about 20% of its global workforce in an effort to streamline its structure.

U.S. pending home sales rose 7.4% in September, the National Association of Realtors said on Wednesday.

The stock market is giving Big Tech tougher demands for its continued support.

Eli Lilly’s stock heads for biggest selloff since 2008 after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.

Agency to auction $125 billion next week, unchanged from last quarter

One analyst says that AMD’s muted guidance is unlike what Wall Street has come to expect of “AI names.”

U.S. businesses 233,000 new jobs in October to mark the biggest gain in 14 months, paycheck company ADP said, suggesting the labor market is somewhat stronger than previously believed.