Articles

Fed’s Barkin says economy looks ‘pretty good,’ but labor market bears watching

“The labor market might be fine or it might continue to weaken,” Barkin said.

11 bank stocks trading at low valuations, even after Trump bump

Bank stocks have had quite a run following Donald Trump’s election to a second term as president. But investors need to ask themselves whether or not some of stocks are trading too high.

AbbVie’s disappointing schizophrenia drug trial bodes well for rival Bristol Myers, analysts say

AbbVie’s “pain” is Bristol Myers Squibb’s “gain,” says Truist Securities analyst Srikripa Devarakonda.

Tyson Foods’ stock jumps as beef, chicken sales strength fuel an earnings beat

Tyson Foods’ stock surges after a healthy earnings beat, helped by strength in beef and chicken sales.

Some Wall Street bankers to get fatter bonuses for the first time in three years: study

Investment bankers in debt underwriting may see bonuses jump by as much as 35%.

Another Trump presidency could be a boon for the dollar — but some expect a bumpy ride

President-elect Donald Trump’s victory in the November U.S. presidential election has helped revive Wall Street’s faith in “king dollar.”

23andMe’s stock turns lower after company posts its latest quarterly loss

Stock had gained late Monday on news it would cut 40% of its workforce as part of a restructuring.

Shopify’s stock pops on upbeat growth forecast for the holiday shopping season

A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment and operational leverage.”

SoftBank’s Masayoshi Son: AI will become ‘super wisdom’ for the happiness of all humanity

In gunmetal grey jacket and a Jobs-esque black turtleneck, Masayoshi Son has a heartening message for the world.

Schrödinger’s stock pops as it enters collaboration pact with Novartis worth up to $2.5 billion

Schrödinger will receive $150 million upfront plus up to $2.3 billion in milestone and royalty payments.

Plug Power disappoints with its forecast but says it’s still making progress

The clean-energy company pointed to improvement in operating cash flow and a narrowing loss, though it also cut its revenue outlook for the full year.

​Trump’s win sparked stocks for this surprising reason — and it’s fueling the market rally

Investors hate uncertainty; the U.S. election result was quick and orderly.
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