Futures Movers: Oil prices climb to highest since early May, buoyed by a weaker dollar and supply cuts
Oil futures climb on Wednesday to their highest intraday levels since early May, finding support as a smaller-than-expected rise in U.S. consumer prices helped weaken...
: Europe’s regulatory nod for VMware deal may lead Broadcom to issue jumbo bond
Broadcom said when it announced plans to acquire VMware for $61 billion in cash and stock that it had $32 billion in committed debt financing.
Economic Report: Where’s the highest inflation in U.S.? Florida and the far West
Where is inflation hurting Americans the most? Try the areas around Tampa Bay, Miami, San Diego and Denver.
: San Francisco–based craft-beer pioneer Anchor Brewing is closing down after 127 years: report
Anchor Brewing Co., the San Francisco brewery best known for its steam beer, is shutting down after 127 years in business, the San Francisco Chronicle...
: Lucid stock drops after delivery and production update
Lucid Group Inc. LCID said Wednesday that it delivered 1,404 vehicles during the second quarter, while producing 2,173 vehicles at its Arizona facility. FactSet lists...
: U.S. stocks open higher after core CPI inflation saw smallest monthly rise since 2021
U.S. stocks opened higher Wednesday, with gains led by the technology-heavy Nasdaq Composite, after a fresh reading on inflation showed core prices eased in June....
: Silk Road Medical stock tanks after CMS decision on carotid artery stenting prompts analyst downgrade
Shares of Silk Road Medical Inc. SILK tanked 21.9% toward a more-than three-year low in premarket Tuesday, after an unfavorable government decision regarding Medicare coverage...
: DraftKings stock surges after BofA upgrade says monster rally can continue
Shares of DraftKings Inc. DKNG were rising nearly 7% in Wednesday morning action after BofA Global Research analyst Shaun Kelley upgraded the online-gambling stock to...
: Plug Power stock advances after company wins an electrolyzer deal in Australia
Shares of Plug Power Inc. PLUG were gaining about 3% in Wednesday morning trading after the alternative-energy company announced that it was chosen to supply...