Americans stocking up on holiday cooking essentials may be greeted with an unwelcome surprise in the grocery aisles: higher prices for eggs, spurred by an intensifying bird flu outbreak.
Posts published in “Market”
The Dow Jones Industrial Average on Wednesday finished above 45,000 for the first time, as it extended a 2024 rally that's driven major benchmarks to a series of records.
Disney’s announcement comes on the heels of significant milestones in its streaming division, which includes Disney+, Hulu, and ESPN+. The company reported that its direct-to-consumer business turned profitable in the most recent quarter, a major achievement in an industry where profitability has often been elusive.
How these managers deal with high valuations and the risks associated with this category of company By Harlet Jonson | Dec 05, 2024 Updated 10:01 a.m. ET In October foreign institutional investors pulled an estimated $11.5 billion from…
Bank of America raised its price objective for Tesla shares to $400 from $350 on Thursday, citing enhanced growth confidence following a visit to Tesla's Giga Texas factory in Austin.
By Harlet Jonson | Dec 04, 2024 Updated 05:38 a.m. ET Citigroup’s decision to terminate eight foreign exchange traders in Asia several years ago has resurfaced as a cautionary tale for financial institutions. The dismissals, initially presented as…
Oracle Corporation has experienced a remarkable year in 2024, with its stock surging by 75%. This impressive performance marks Oracle's best year since the dot-com boom, reflecting strong investor confidence and robust financial results.
BlackRock is acquiring HPS Investment Partners, a leading global credit investment manager, for approximately $12 billion in an all-stock deal. The acquisition is expected to close in mid-2025.
BlackRock has cut the worth of its stake in web hosting provider Automattic by 10%, the asset manager said in its latest quarterly disclosure report.
Despite retailers offering holiday discounts earlier than usual this year, US consumers did more shopping on Black Friday than the days leading up to it. By Fred Robinson | Dec 02, 2024 Updated 02:48 p.m. ET…