Articles

Hess shareholders approve Chevron’s $53 billion acquisition bid

Hess Corp. shareholders voted to approve a proposed $53 billion buyout by Chevron Corp., the company said late Tuesday.

Amgen’s rare-disease treatment biosimilar Bkemv gets FDA approval

Pharmaceutical regulators approved Amgen’s Bkemv, a biosimilar to rare-disease treatment Soliris.

Nvidia’s market cap hasn’t been this close to Apple’s since 2009

The road to a $3 trillion market capitalization for Nvidia might very well run through Apple.

American Airlines drops its upbeat profit guidance, and stock drops 8%

American Airlines Group Inc. late Tuesday slashed its guidance for the current quarter, only one month after offering an upbeat take for the three-month period.

Robinhood’s stock jumps 5% after $1 billion buyback unveiled

Shares of Robinhood Markets Inc. rose more than 5% in the extended session Tuesday after the online broker said its board approved a $1 billion share buyback program.

Tesla’s shareholder meeting has even higher stakes this year. Here’s why.

Tesla shareholders are being asked to vote on Chief Executive Elon Musk’s $56 billion pay package, and also decide whether the company should reincorporate in Texas.

Room for gold, oil and copper to rise, keeping commodity rally alive, UBS says

Commodity prices still have room to rally, according to UBS Global Wealth Management.

Why the stock-market rally can strengthen despite a slowing U.S. economy

“The equity cycle feels different than the macro cycle today,” say analysts at BofA Global Research.

Norwegian Cruise Line’s stock looks very attractive for these reasons, analyst says

Norwegian Cruise Line’s stock sailed higher on Tuesday after a rare bullish call from an analyst, who believes valuation now looks “particularly compelling” amid a very favorable industry backdrop.

U.S. tech sector must do more to stop Russia from using its products, Biden adviser says

Daleep Singh, President Joe Biden’s deputy national security adviser for international economics, urged technology companies and other U.S. sectors on Tuesday to put more effort into keeping their products out of the hands of Russia’s military.

Virgin Galactic’s stock rallies as milestone mission looms

Virgin Galactic is targeting a launch window that opens June 8 for the final flight of its Unity spacecraft before it halts commercial operations to develop its new Delta-class spacecraft.

I’m 54 and have $2.6 million saved. My husband, 68, wants me to retire early, but he has very little retirement savings. What should I do?

“I own $1.6 million in real estate.”
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