Articles

Arm’s latest bit of good news? Respect from a high-profile index.

Arm’s stock is heading for its fifth day in a row of gains — and soon it will be part of the Nasdaq-100.

Trading watchdog FINRA’s new post-COVID work-from-home rules ‘causing headaches’

Industry members say changes are confusing financial-services firms.

‘Don’t be a cruise snob’: How I learned to love sailing on the high seas

In the post-pandemic world, cruising has become an increasingly popular vacation choice — and for good reason, the author argues

Popular tech-sector ETF could see major shakeup as Apple, Microsoft and Nvidia jockey for position

One popular passive exchange-traded fund could soon see a major shakeup with potentially serious ramifications for the technology stocks that have been driving much of the market’s gains in 2024.

Mester says Fed needs to see more low inflation readings before cutting interest rates

The president of the Cleveland Federal Reserve said the low inflation readings in May were great news, but the central bank needs to “see that continue a bit longer” before it can cut interest rates.

Zscaler’s stock has been a laggard this year. Why JPMorgan says it can rise 25%.

Zscaler shares are down 18% so far this year, and JPMorgan sees a buying opportunity in the cybersecurity name.

Import prices fall sharply in another sign of fading inflation

The cost of imported goods fell in May by the largest amount since the end of last year, adding to recent evidence inflation might be slowing again.

Steelmaker Nucor’s stock extends selloff after a profit warning

Nucor’s stock was headed for a 7-month low on Friday, after the steel and steel-products maker warned of a second-quarter earnings shortfall, citing weakness at its steel mills business.

Hurco’s stock slides 15.6% after company suspends quarterly dividend payments

Hurco Cos. Inc.’s stock HURC tumbled 15.6% early Friday, after the industrial technology company said it’s suspending its quarterly dividend as it works to enhance its financial flexibility.

Bank of America’s ‘strong capital, deposits and credit’ draw praise at KBW

Analyst David Konrad raises Bank of America rating to outperform from market perform.

How Adobe quieted the doubters to send its stock cruising after earnings

The stock could clinch its largest single-day percentage gain in four years upon Creative Cloud momentum that helped silence concerns about AI threats.

Israeli 3-D printing company Xjet pulls its planned IPO

The company was planning to raise $6 million at a $77 million market cap. Proceeds of the deal were to be used for working capital, but also to fund acquisitions of new businesses or technology.
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