Dan Loeb’s Third Point Laments Missing ‘Obvious’ Tech Rally, Pivots to AI
Third Point LLC’s flagship fund underperformed the broader US market in the second quarter, gaining just 1.1% after
2023-08-02 02:46
Meme-Darling Nikola Surges as Retail Investors Pile In
A gravity-defying rally in electric vehicle startup Nikola Corp. is showing no signs of stopping, as the company’s
2023-08-02 01:55
The US stock market just had its best year — so far — since 1997
The stock market just had its best performance through July in 26 years.
2023-08-02 01:21
Apollo Leads Deal to Provide Trucking Firm Yellow With Bankruptcy Loan
Creditors led by Apollo Global Management Inc. are nearing a deal to provide Yellow Corp. with fresh cash
2023-08-02 00:52
Struggling Tupperware, Yellow join meme-stock club with rally
By Medha Singh Shares of debt-ridden Tupperware Brands Corp and Yellow Corp have been on a tear as
2023-08-02 00:45
Bitcoin Turns Less Volatile Than S&P 500, Tech Stocks and Gold
Bitcoin trading volume tumbled last month amid waning volatility and little notable price swings in a market that
2023-08-02 00:28
Ford Restarts EV Truck Plant as Price Cuts Spark More Demand
Ford Motor Co. restarted production of F-150 electric Lightning pickup truck as it bets price cuts will spark
2023-08-01 23:58
Mexico’s AMLO Proposes Work Training Plan for Foreign Migrants
President Andres Manuel Lopez Obrador said his government may provide labor-training programs for migrants to work on infrastructure
2023-08-01 23:29
Ratings Firms Struggle With Climate Risk in $133 Trillion Market
With 46 straight days of 100-degree heat and coastal waters approaching hot-tub temperatures, Miami can seem like a
2023-08-01 22:57
Stocks are having their best run since 2021. Can they beat the August doldrums?
US markets just wrapped up a winning July, with the S&P 500 and Nasdaq both notching their fifth positive month in a row.
2023-08-01 19:46
Uniper Expects Plan by Year-End for German State Exit
Uniper SE expects the German government to lay out an exit strategy from the company by the end
2023-08-01 18:58
Apple, Microsoft remain world's top 2 companies by market cap
Tech giants Apple and Microsoft remained the top two global companies by market capitalisation at the end of
2023-08-01 18:30