Articles

Spotify swings to a profit as subscribers top estimates

The streaming service reported a double-digit rise in monthly active users.

Merck’s soft guidance overshadows quarterly beat to send stock down 6%

Merck’s stock tumbled 6% early Tuesday, after the drug company’s softer-than-expected guidance for the current year offset better-than-expected fourth-quarter earnings.

Trump has two strong options to defuse the U.S. debt time-bomb. He should use them.

AI-fueled productivity growth, combined with realistic and constructive immigration reform, would put the U.S. economy on more solid footing.

PepsiCo’s revenue misses amid ‘subdued’ trends and Quaker Oats recall fallout

PepsiCo’s stock falls after revenue misses expectations for a third-straight quarter, amid “subdued” performance trends in North America.

Oil prices fall after U.S. imposes tariffs on China, Beijing retaliates

Oil futures fell Tuesday morning, losing ground as the U.S. implemented an additional 10% tariff on China imports and Beijing retaliated with measures of its own.

Ferrari offers cautious guidance. The stock revs higher anyway.

Sports-car maker Ferrari reported a jump in fourth-quarter profit, buoyed by product mix even as shipments grew just 2%.

Estée Lauder to cut up to 7,000 job cuts as it swings to loss, sending stock lower

Estée Lauder Cos. Inc.’s stock fell 6.4% early Tuesday, after the beauty and cosmetics company swung to a fiscal second-quarter loss and announced an expansion of its current restructuring aimed at restoring sustainable sales growth.

This contrarian stock-market indicator is about to flash red. What that means for investors. 

Wall Street strategists are largely leaning positive on stocks, and that may mean it’s time to go the other way.

‘I’ve been named sole heir’: My father, 92, is a Korean War veteran and stays out until dawn playing poker. What can I do?

“The family is mortgaged, likely for more than it is currently worth, to cover Dad’s back taxes and credit-card and gambling debts.”

Palantir bear Morgan Stanley upgrades rating but still doesn’t call AI firm a buy

Morgan Stanley has finally conceded that Palantir Technologies is not a stock to sell, but its analysts aren’t quite ready to call it a buy either.

Treasury yields rise as China tariff retaliation adds to inflation concerns

Bond yields inched up early, amid fears about the possible inflationary impact of a trade war between the U.S. and China

Former San Francisco mansion of the late Robin Williams sells for $18 million

The Italian Renaissance-style abode was the home Williams’ wife, Marsha Garces Williams for 30 years, and where the couple raised their children.
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