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Constellation Brands books large loss on wine and spirits, but beer sales rise

Constellation Brands’s stock fell Thursday, after the parent of Modelo and Corona beer brands beat adjusted profit expectations, but only after excluding a large non-cash loss booked for writing down the value of its wine and spirits business.

Eli Lilly’s weight-loss and diabetes drugs are no longer in shortage, says FDA

The U.S. Food and Drug Administration said Eli Lilly’s diabetes and weight-loss drugs marketed as Zepbound and Mounjaro are no longer in shortage signaling that the company has succeeded in expanding manufacturing.

Why Salesforce’s stock is getting more love from Wall Street analysts lately

Salesforce shares have lagged the S&P 500 this year but could be primed for bigger gains thanks to improved product positioning.

Jobless claims inch higher, but still no sign of major U.S. layoffs

The number of Americans who applied for unemployment benefits last week rose slightly to a minuscule 225,000, affirming that layoffs remain surprisingly low even though many companies have pulled the plug on hiring.

OpenAI making money from the AI revolution is far from certain

Being at the cutting edge doesn’t necessarily bring financial success.

September surprise? U.S. jobs report holds key to Fed rate cuts.

The U.S. jobs report has overtaken inflation as the chief worry of the Federal Reserve as it plots how fast to cut interest rates.

This shipping stock is ‘in an enviable position’ for a protracted port strike, says analyst

While a prolonged strike at East Coast and Gulf ports would spell bad news for the U.S. economy, it could provide a boost to shipping company Global Ship Lease Inc., according to Liam Burke, managing director at B. Riley Securities. 

Nano Dimension moves closer to closing Desktop Metal deal after shareholder vote

The proposed merger of 3-D printing companies Nano Dimension Ltd. and Desktop metal Inc. moved closer to completion on Thursday, after Desktop Metal shareholders voted to approve the deal.

You make saving and spending goals but keep missing them. Don’t regret — reset.

Figure out what obstacles came up to derail the process. Then move forward.

September jobs report could give stock and bond markets an October surprise

Payroll figures reveal if the Fed is ahead of the curve or behind it.

European car makers have hit a low point, Barclays says

Barclays analysts said the problems facing European car makers in China have been factored in, meaning they could now be set for a rebound

Turns out, the stock market can succeed without the Magnificent Seven

For much of the past two years, market watchers have pondered whether the stock-market rally could survive without the Magnificent Seven.
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