Articles

Cognition Therapeutics announces positive results from trial of oral treatment for mild-to-moderate Alzheimer’s disease

The Purchase, N.Y.-based company found patients treated with its experimental pill CT1812 for six months showed a consistent trend in cognitive improvement across all measures and cognitive scales.

McDonald’s earnings include a triple miss, but the stock gains ground

McDonald’s reported Monday a triple miss with second-quarter results, as profit and revenue fell below expectations and comparable sales surprisingly declined as higher prices weren’t enough to offset lower guest counts.

As AMD earnings near, this is the number that matters most

AMD’s AI revenue forecast will be the key figure Tuesday, but there’s some debate about what number will be good enough for Wall Street.

Insurer Enstar to be taken private by Sixth Street and other investors in $5.1 billion deal

Insurance company Enstar Group Ltd. said Monday it has agreed to be acquired by Sixth Street and other institutional investors in a deal with a total equity value of $5.1 billion.

Oil prices drift lower, erasing brief jump sparked by Israel-Hezbollah tensions

Oil futures turned lower Monday morning, failing to hold gains scored during Asian trading hours as investors reacted to fears of a wider conflict between Israel and Hezbollah.

Michigan joins Wisconsin pension fund with bitcoin investment

Two neighboring swing states are investing in bitcoin.

Tesla’s stock chart sees first bullish ‘golden cross’ in over a year

Tesla’s stock was in rally mode Monday, as the electric vehicle giant’s stock chart was set to produce its first bullish moving-average crossover signal in over a year.

Stock market bubbles come in 4 sizes. Here’s what we know about the one we’re in.

Not all bubbles are equal, and only some are problematic for the wider economy

Why the Paris Olympics won’t win stocks any medals

Global markets tend to struggle during international sports competitions.

Nvidia, AMD, Apple and other tech titans must prove that AI investment is boosting earnings

Is Alphabet’s stock price drop — partially due to rising AI costs (and little income) — a sign of things to come?

Occidental unveils $970 million worth of asset sales as it works to reduce debt

The Warren Buffett-backed company is selling about 27,500 net acres in the Barilla Draw Field of the Texas Delaware Basin and about 2,000 net acres in the New Mexico Delaware Basin, with combined net fourth-quarter production estimated at about 15,000 barrels of oil equivalent a day.

Some $6 trillion of funds are about to shift — and here’s where they may end up

Strategists at UBS led by Matthew Mish say corporate debt will benefit when fund flows begin to shift.
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