Articles

ADP jobs report shows 107,000 private jobs created in January

Businesses created just 107,000 new jobs in January, paycheck company ADP said, in another sign that hiring has slowed since last fall.

Cigna to sell Medicare Advantage business to Health Care Service for $3.7 billion

The deal comes at a time when managed-care companies are grappling with rising medical costs from Medicare Advantage customers.

Mastercard scores a profit beat but its stock falls as spending growth slows

Mastercard’s earnings come after rival Visa beat with its own results last week but spooked Wall Street a bit by showing a spending slowdown.

This money manager nailed two big stock turning points. Here’s are his next ‘rocket ship’ ideas.

Our call of the day comes from Thomas Hayes, founder and chairman of long/short equity manager Great Hill Capital, who has made prescient stock calls in that period and shares some “rocket ship” investing ideas.

Elon Musk has turned X (Twitter) into a free-for-all — and here’s the proof

From discourse to discord: Data show how social media site has changed under Tesla founder’s direction.

AMD earnings could make its pricey stock even more expensive, this analyst says

AMD’s outlook “does suggest numbers this year are going to need to come down once again,” Bernstein says.

‘The cautionary signals are off the charts.’ Ominous warnings point to a market correction – particularly in tech

Corporate insiders are buying less and selling more of their own company’s shares

Boston Scientific’s stock jumps 3% after earnings beat and upbeat guidance

Medtech company’s earnings beat estimates in the latest quarter as sales rose 14.9%.

The Dow Jones tends to fall in February. In election years, it’s even worse.

February is often a ‘digestion month’ for stocks after January gains, history shows. The effect is even more pronounced in presidential election years.

GSK lifts long-term outlook following launch of blockbuster vaccine in 2023

The FTSE-100 drugmaker predicted new drug and vaccine launches will see its annual sales hit £38 billion by 2031

Group 1 Automotive cutting 10% of U.K. jobs on losses in its used-car sales

The cost-cutting move may affect about 348 people based on company’s disclosed employment levels in its annual report.

U.S. mortgage demand falls as buyers struggle with low number of home listings

Mortgage applications fell 7.2% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.78%.
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