: After ‘transformative’ year, Roivant aims to challenge bigger rivals in inflammation and immunology
Roivant shares gain more than 10% after narrower-than-expected quarterly loss.
: Dow, S&P 500 end lower after Fed’s Powell says back-to-back rate hikes aren’t ruled out
U.S. stocks closed mostly lower on Wednesday after Federal Reserve Chairman Jerome Powell said he won’t rule out back-to-back rate hikes, in a meeting with...
: Micron stock rises as CEO calls bottom in memory-chip market
Micron Technology Inc. MU shares rose in the extended session Wednesday after the memory-chip maker’s chief executive called the bottom on the sector, and revenue...
ARK amends spot Bitcoin ETF filing to include surveillance sharing agreement
ARK’s amended 19b-4 includes a surveillance sharing agreement with CBOE and a US crypto exchange. ARK Invest founder and CEO Cathie Wood says the Ark...
: Ride-share industry has entered a ‘post-recovery’ phase, but Uber can still put up solid growth, analyst says
The ride-share industry has settled into something resembling a new normal. But Uber can still book decent gains, an analyst says.
Market Extra: Why stock-market bulls see small-caps shaking off bank worries to take rally baton
The second half of 2023 could be a time to shine for small-cap stocks, after being braked by regional banking worries as large-cap tech shares...
Washington Watch: Congressional Budget Office paints grim long-term U.S. deficit picture
The U.S. budget deficit is on track to return to levels only seen in the pandemic and World War II, if spending and taxes remain...
Market Extra: Corporate bankruptcies are speeding up to recession levels as the Fed’s rate hikes take a toll
Large corporate bankruptcies are picking up this year, with the pace of weekly filings nearing levels last seen during the COVID crisis, according to Apollo...