Articles

Five9 to cut workforce by 7% amid efforts to boost profitability

Five9 will reduce its workforce by about 7% as it looks to drive more profitable growth.

How to invest money while saving for retirement? This tool may help.

You won’t succeed unless you can stick with your plan during challenging times

Microchip Technology says cybersecurity breach disrupted its operations

Microchip Technology said a cyber breach occurred days ago that affected its manufacturing facilities and ability to fulfill orders.

Keysight shares rally on forecast as executives point to ‘stable’ backdrop

Keysight Technologies shares rallied after hours on Tuesday after the tech-services provider offered a fiscal fourth-quarter forecast that came in above Wall Street’s expectations.

La-Z-Boy says ‘challenged’ shoppers are pulling back on spending

Furniture maker says consumers continue to rein in their expenses outside holiday promotions.

Bye-bye, DIYs: Lowe’s and Home Depot say people are putting off home-renovation projects

High mortgage rates and uncertainty over the economy have pushed many home buyers into wait-and-see mode. That caution is now extending to homeowners and their renovation plans.

‘The first cut is the deepest’ may hold true for Fed interest-rate cuts, too

The Federal Reserve’s first rate cut may have the biggest impact on market volatility and investor psychology.

Elon Musk’s $44 billion Twitter purchase ranks as worst deal for banks since the financial crisis: WSJ

Elon Musk’s $44 billion buyout of Twitter Inc. has emerged as the worst buyout since the global financial crisis for seven large financial institutions that provided debt for the deal, the Wall Street Journal reported Tuesday.

Wall Street investors look beyond tech for next phase of stock market’s rally

Investors are taking cues from Main Street’s thriftier vibe, helping the stock rally broaden out beyond tech giants.

Several people in missing tycoon Mike Lynch’s fraud trial have met with tragedy in recent days. Here’s what to know.

Lynch’s attorney and a key defense witness in his fraud case are missing after the yacht they were on sank on Monday. His co-defendant was killed in a hit-and-run accident two days earlier.

S&P 500 bursts back with most sharp daily gains in any month since June 2023

The S&P 500 has burst back from its early August slump with more sharp moves higher than any month since 2023, according to independent research firm CappThesis.

Netflix’s stock rallies toward first record close in 3 years as ad sales jump

Netflix shares were rallying Tuesday toward their first record close in three years, after the streaming platform said upfront ad sales more than doubled from a year ago.
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