Tag: business news

Former Abercrombie & Fitch Chairman and CEO Mike Jeffries addresses stockholders during the company's annual meeting at its headquarters in ...

David Einhorn says Peloton is significantly undervalued

David Einhorn speaking at the 2024 Sohn Conference in New York City on April 3, 2024.Adam Jeffery | CNBCShares of ...

Stocks making biggest moves after hours: TSLA, IBM, TMUS

Check out the companies making headlines after the bell : T-Mobile U.S. — The telecommunications giant rose about 3% after ...

Tesla investors have a lot of questions for Musk about Trump

Tesla CEO and X owner Elon Musk stands with Republican presidential nominee former U.S. president Donald Trump during a campaign ...

Morgan Stanley rolls out OpenAI-powered chatbot for Wall Street division

Morgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division, ...

The case for the S&P 500 to rally to 6,600

Stocks are experiencing some turbulence of late, but the longer-term outlook points to sharp gains ahead, according to Piper Sandler. ...

European Central Bank policymakers split on the need for big rate cuts

A cyclist drives along a road under a railway bridge near the headquarters of the European Central Bank (ECB) in ...

Baird downgrades McDonald’s after E. coli outbreak

It's time to move to the sidelines on shares of McDonald's as the company grapples with an E. coli outbreak ...

Qualcomm shares fall 4.5% after Arm threatens to scrap key license

A smartphone with a Qualcomm logo is placed on a computer motherboard in this illustration taken on March 6, 2023.Dado ...

China-Russia ties won’t change despite geopolitical turbulence: Xi

Russian President Vladimir Putin and Chinese President Xi Jinping at their bilateral meeting prior to the opening of the BRICS ...

Starboard Value’s Jeff Smith says Salesforce has ‘a lot more to go’

Jeff Smith, chief executive officer and chief investment officer of Starboard Value LP.Chris Goodney | Bloomberg | Getty ImagesSalesforce shares ...

Spotify is ready to follow Netflix and be the next breakout streaming stock, according to the charts

Spotify (SPOT) has been unofficially crowned the winner of the streaming music wars, besting much bigger brother mega-caps Apple Music ...

Starbucks releases preliminary results, says sales fell again

Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Carlo Allegri | ReutersStarbucks on Tuesday ...

Stocks making the biggest moves after hours: MCD, STX, CSGP