Articles

Car-sharing marketplace Turo swings to a profit in a boost to potential IPO

Turo reported net income of $9.9 million on a 10% revenue increase in the first half of 2024.

Only AMD’s stock has achieved this feat since 1999, but Nvidia’s could follow

Nvidia has eclipsed Super Micro to lead S&P 500 stocks on the year — and it’s looking for a repeat performance as the index’s biggest annual winner.

Lumen’s high-yield bonds rallied with the stock this week but one analyst says they’re still a sell

Lumen Technologies Inc.’s high-yield bonds have rallied along with the sharp spike in its stock price this week, but one analyst says they are still too risky.

Warren probes student-loan transfer that tanked borrowers’ credit scores

The letter to student-loan servicers and credit-reporting agencies is the latest example of scrutiny from Warren and industry advocates.

Stocks still vulnerable to further unwind of yen carry trade, strategists say

Much of the “hot money” invested in the yen carry trade has likely departed, market strategists told MarketWatch. The question now is will the “real money” follow it out the door?

S&P 500 CEOs made 268 times what the typical worker made last year, report says: ‘CEO payflation strikes again’

CEO pay increased 6% in 2023 from a year earlier, according to a report from the AFL-CIO.

Don’t trust your gut when it comes to retirement planning — do this instead

Data and methodology may seem tedious, but they work

Nikola’s stock keeps bounce alive as revenue beats expectations

Nikola’s stock extended its bounce on Friday, after the maker of electric and hydrogen-fuel-cell trucks reported revenue that more than doubled to beat expectations for the first time in nearly two years.

American Axle’s stock soars 8% as earnings top estimates

Maker of auto driveline systems and components offered full-year sales guidance that tops consensus.

Canopy Growth posts wider-than-expected loss as revenue falls, but company sees growth opportunities in U.S. markets

The cannabis company says its gross profit grew as it cut expenses.

These stocks join Meta and Eli Lilly as the biggest winners this earnings season

Other companies showed double-digit sales growth and improved profit margins.

No. 1 NFL pick Caleb Williams asked for his $40 million contract to go into an LLC. Can he do that?

There are financial benefits to treating yourself as a brand instead of an employee.
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