The Ratings Game: Alphabet earnings remind Wall Street of Google’s AI prowess
Not too long ago, investors were fretting about Google's AI positioning, but now analysts are celebrating the company's years of work on the technology.
: XPeng’s stock rockets after Volkswagen invests $700 million, announces cooperation agreements
Volkswagen will work with XPeng on new EVs for China market, and Audi will work with China's SAIC.
Economic Report: Sales of newly built homes lose some momentum in June
U.S. new-home sales fell 2.5% to an annual rate of 697,000 in June, from a revised 715,000 in the prior month, the Commerce Department reported...
: EIA reports weekly declines for U.S. crude and product supplies
The Energy Information Administration on Wednesday reported that U.S. commercial crude inventories fell by 600,000 barrels for the week ended July 21. On average, analysts...
Tilray stock surges after cannabis company improves bottom line
While a Canadian company, Tilray has been positioning itself to be a leader in the U.S. adult-use cannabis market.
Chancer presale catches the eye as Fed resumes rate hikes
Fed is expected to announce a 0.25% rate hike after its two-day meeting on Wednesday. Stocks and cyptocurrencies have traded largely flat or lower amid...
The Ratings Game: PacWest’s sale to Banc of California ‘provides closure’ and is a win for shareholders: analyst
KBW said the takeover price of $9.60 a share for PacWest is higher than many estimated, in a positive sign for the sector.
: Only half of Americans feel on track for retirement and confidence is falling, BlackRock says
The top stressors included market volatility, inflation and worries about outliving savings, BlackRock says.
The Ratings Game: Target’s stock hit with a double downgrade on weak sales and traffic trends
Target's stock dropped Wednesday after the discount retailer was double-downgraded at Raymond James amid weak sales and traffic trends.