Articles

Harris campaign says it has raised nearly $50 million since Biden’s exit from White House race

The Kamala Harris campaign has raised $49.6 million in grassroots donations since President Joe Biden exited the White House race on Sunday afternoon and then endorsed her, a spokeswoman for her campaign told MarketWatch early Monday.

McDonald’s extending $5 value meal program, report says

More than 90% of the fast-food giant’s U.S. restaurants plan to continue the discounted offer beyond the original four-week promotional term.

Hedge fund billionaire Alex Gerko loses fight over tax on traders’ payouts

Alex Gerko, who is one of the U.K.’s top taxpayers, failed to win a challenge of a decision that he should pay a higher rate of tax on earnings from his work trading currencies at a London hedge fund

SunPower’s stock just had its worst week on record, and this analyst sees more pain ahead

Mizuho Securities downgraded SunPower to underperform and cut its price target for the maker of solar-energy technology.

Berkshire Hathaway’s Warren Buffett trims stake in Bank of America after stock’s 2024 rally

Bank of America’s largest shareholder trims stake to under 1 billion shares by selling $1.5 billion worth of the bank’s stock.

Small-cap outperformance unlikely to continue, says Morgan Stanley’s Wilson

The outperformance of the small-cap sector is unlikely to endure unless there is a clear improvement in earnings expectations

This ad-technology company could benefit from Biden dropping out

Oppenheimer analyst Jason Helfstein believes Trade Desk should ‘disproportionately benefit’ from Biden dropping out of the race for the White House.

Nvidia’s stock gains as analyst says a $2 billion beat could happen this quarter

A Piper Sandler analyst sees the potential for a sizable revenue beat in his bull-case scenario. He boosted his price target on Monday.

Nvidia, Super Micro, Broadcom — and 22 other stocks most likely to crash

It’s a bad sign when investors believe the probability of a crash is particularly low — like now.

Is Google’s biggest competition itself? Watch Alphabet’s earnings for signs.

Alphabet reports earnings after Tuesday’s closing bell, and Wall Street will be listening for information about the early rollout of AI Overviews in search.

Boeing to sell up to 50 airplanes to Korean Air

Boeing’s stock gained ground premarket Monday, after the aerospace giant announced a commitment from Korean Air to buy up to 50 widebody airplanes.

Bitcoin and ethereum ETFs are turning big money investors into crypto converts

With spot ether ETFs set to start trading in the U.S., regulation builds trust for institutional buyers.
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