Articles

: Gemini, Google’s long-awaited answer to ChatGPT, is an overnight hit

Shares of the company are popping more than 5% Thursday, a day after it debuted its much-hyped answer to OpenAI's ChatGPT.

Market Extra: Something strange is happening in the financial plumbing under Wall Street

Overnight lending rates in an esoteric financing market frequently tapped by banks, hedge funds and other borrowers spiked on Friday, prompting comparisons to a surge in short-term lending rates in September 2019 that forced the Federal Reserve to step in to ensure that credit would keep flowing smoothly through the U.S. financial system.

Deep Dive: These are the dividend stocks that will hold up in a weakening economy in 2024, says this highly rated money manager

A focus on companies that can generate enough free cash flow to raise dividends can help defend an investment portfolio during tough times.

Financial Crime: AI has supercharged online scams. With the holidays coming, here’s what to look out for

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The Ratings Game: GameStop’s new investment policy ‘alarming’ and ‘inane,’ says Wedbush

GameStop's board of directors has approved a new investment policy, which lets the company invest in equity securities.

: The Sam Altman drama knocked Microsoft’s stock around. So why is its deal with OpenAI largely a secret to Wall Street?

More than four years after the companies officially established a "partnership," Microsoft has disclosed next to nothing in its securities filings about its deal with OpenAI, and confirmed to MarketWatch that executives don't believe it to be "material information."

: White House asserts authority to break patents of certain high-cost drugs 

The Biden administration announced steps to rein in the cost of prescription drugs developed with taxpayer money and examine private equity's role in the healthcare industry

: Nikki Haley misstated the link between TikTok usage and antisemitism. Here’s what a study found.

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Economic Report: Jobless claims inch up to 220,000, layoffs still low

The number of Americans who applied for unemployment benefits last week was barely changed at 220,000, indicating that layoffs remain extremely low even though businesses are hiring fewer people.

: India’s stock market tops $4 trillion in value as investors buy into world’s fastest growing big economy

India’s stock market hit a fresh record high this week, propelling its value above $4 trillion for the first time and leaving it in a close battle with Hong Kong for fourth spot in the global ranking.

: JetBlue’s stock jumps premarket after airline raises guidance, citing ‘healthy’ travel demand

JetBlue is guiding for narrower-than-expected losses in the fourth quarter and full year after strong demand for holiday travel.

: Sir Jim Ratcliffe set to clinch Manchester United minority stake next week, reports say

Ratcliffe is closing in on his 25% stake in Manchester United, reports say
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