Articles

‘I fear that our democracy could be undermined by nefarious agents’: Is it unethical — or selfless — to anonymously donate to a political party?

“I’m obsessed over how much money the respective political parties, the Democrats and the Republicans, are generating in donations.”

Ten-year Treasury yields nudge up from 15-month lows as traders eye inflation report

Bond yields rose as investors awaited the next important macroeconomic data-point, the August consumer price index report, due midweek.

AngloGold Ashanti strikes $2.5 billion deal to buy Egyptian gold miner Centamin

The Denver, Colorado headquartered mining giant said it had reached a deal to acquire Egypt’s largest gold miner for $2.5 billion, in what marks a 36.7% premium on its closing share price on Monday

Apple owes €13 billion in back taxes as long-running dispute ends

The European Court of Justice on Tuesday ruled that Apple owed €13 billion ($14.3 billion) in back taxes over what it said was illegal state aid from Ireland.

Mission Produce stock jumps 16% as avocado producer’s revenue surges

Shares of Mission Produce gained after the company posted higher revenue and profit in its fiscal third quarter.

Hewlett Packard Enterprise shares fall after $1.35 billion stock offering

Shares of Hewlett Packard Enterprise dropped in postmarket trading after the company said it has commenced a public offering of $1.35 billion of Series C mandatory company convertible preferred stock.

Under Armour calls for bigger losses ahead on higher restructuring charges

Shares of Under Armour Inc. dropped in the extended session Monday after the retailer said it expects a bigger operating loss in fiscal 2025 thanks to increased restructuring costs.

Apple investors get a raw deal with iPhone 16 —  but customers get a bargain

Wall Street’s much-hoped-for price hikes on Apple Inc.’s new iPhone 16 line did not materialize at its launch Monday, but Chief Executive Tim Cook clearly hopes to drive more volume by not raising prices.

Value stocks outperform this quarter as growth equities struggle in ‘downtrend’

Value stocks in the U.S. are beating growth equities lately, with outperformance that seems set to continue based on technical analysis, according to Sevens Report Research.

I’m keeping my cracked old iPhone for as long as it lasts. Whatever happened to the Apple revolution?

It’s hard to blame politicians for rising prices only to fork out $799 for yet another iPhone.

Oracle’s stock gains as company improves its earnings profile

Oracle is the latest software company to show profit progress in its financial results — and see its stock get rewarded.

Why low gasoline prices shouldn’t be a ‘bragging point’ in presidential elections

The cost of gasoline at the pump has dropped by more than 15% from a year ago, but the upcoming U.S. presidential election and the peak of the Atlantic hurricane season may lead to a sudden shift in the fuel market.
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