Losses spilled over into AI-exposed Asian stocks, with Japan’s SoftBank Group Corp. (TYO:9984) down 5.7%. Softbank was set to lose 8% this week after a 19.8% slump last week, given its heavy exposure ...
Investing.com-- Wall Street futures rose on Thursday evening after waning bets on a December interest rate cut and a sustained rotation out of technology stocks drove steep losses during the main ...
Investing.com-- Merck & Company Inc (NYSE:MRK) is close to a deal to buy flu treatment maker Cidara Therapeutics Inc (NASDAQ:CDTX) after pulling ahead of rivals in a bidding war for the firm, the ...
Investing.com -- GoPro Inc (NASDAQ:GPRO) stock surged 8% in after-hours trading Thursday after the company announced that founder and CEO Nicholas Woodman invested $2 million in the company through a ...
Investing.com -- Paramount, Comcast and Netflix are preparing bids for Warner Bros. Discovery, with a November 20 deadline for non-binding first-round offers.
Investing.com--The falling odds of a December rate cut have stoked bets on the dollar flexing its muscles, but Scotiabank Economics points to diverging central bank policies and growing fiscal as well ...
Randian, which contributed to the retail activist campaign behind Opendoor Technologies Inc (NASDAQ:OPEN), has been publicly pressing One Group since September to restructure around Benihana, arguing ...
Investing.com -- S&P Global Ratings has upgraded MEG Energy Corp. to ’BBB’ from ’BB-’ following its acquisition by Cenovus Energy Inc., while maintaining a negative outlook.
S&P projects UPS’s 2025 revenue to decline around 3%-4%, primarily due to the sale of Coyote in 2024, lower Amazon volumes, yield initiatives on its Ground Saver product, and weaker macroeconomic ...
(Reuters) -Oil prices rose more than 2% on Friday after a Ukrainian drone attack damaged an oil depot in the Russian Black Sea port of Novorossiysk. Brent crude futures rose $1.34, or 2.13%, to $64.35 ...
Investing.com -- Boeing Defense workers in the St. Louis area voted Thursday to accept the company's latest contract offer, ending a 101-day strike that disrupted fighter jet production and other ...
Investing.com -- Verizon plans to cut approximately 15,000 jobs as part of cost-reduction efforts while facing increased competition in wireless service and home internet markets, according to a ...