Articles

Benchmark Treasury yield holds near four-month high after stronger U.S. economic data

U.S. bond yields were a touch higher early Tuesday, as investors continued to reduce bets on Federal Reserve interest rate cuts following stronger-than-expected data on Monday.

This boring sector is becoming sexy again

Some of the hardest companies to get excited about are construction companies — but they’re outperforming the market.

Healthcare stocks fade as obesity-drug optimism fades

Healthcare companies fell sharply Monday as ebullience about a new class of weight control drugs subsided.

Rubrik files for IPO as market continues to display signs of unfreezing

Investors hungry for more technology IPOs look to be getting another one soon, as cybersecurity company Rubrik just filed paperwork for a stock-market debut.

Acorda Therapeutics shares sink nearly 40% after bankruptcy filing

Shares of Acorda Therapeutics fell late Monday after the company said it had filed for bankruptcy protection.

Canoo’s downbeat forecast sends stock tumbling, in latest EV setback

EV maker Canoo disappointed with its latest revenue total and outlook.

Two Warner Bros. Discovery directors resign over antitrust concerns

Two Warner Bros. Discovery directors have resigned after antitrust officials raised the issue of them serving on the board of a competitor.

Trump’s net worth takes $1 billion hit after DJT stock plunge

Shares of Trump Media and Technology Group tumbled 21% in Monday trading.

Here’s why the Fed and other experts on the economy missed the mark on inflation

Forecasts lacked realistic representations of price and wage setting.

PayPal’s stock has been a major laggard. Here’s what could get it going.

New products aren’t factored into forecasts, and the bar looks low, a Bernstein analyst notes.

Florida Supreme Court OKs adult-use cannabis referendum for November ballot in victory for pot companies

The adult-use ballot question could potentially allow cannabis sales in the third-largest U.S. state, with a population of more than 22 million people.

Shares of Tommy Hilfiger maker PVH drop as execs warn of ‘tougher macroeconomic backdrop’

Shares of PVH Corp. tumbled after hours on Monday after the maker of the Tommy Hilfiger and Calvin Klein clothing brands forecast falling sales this year.
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