: Livent stock drops after miner lowers outlook for the year
Shares of Livent Corp. LTHM dropped more than 4% in the extended session Tuesday after the lithium-ore miner missed Wall Street expectations for its third...
: Yum China stock drops 9% after KFC operator sees ‘softening’ demand
Yum China Holdings Inc. YUMC shares fell more than 5% in the extended session Tuesday after the owner of Pizza Hut, KFC and other fast-food...
: Match Group’s stock slumps 8% on flat revenue, weak guidance
Shares of Match Group Inc. MTCH dropped 8% in extended trading Tuesday after the online-dating service reported quarterly results that included weak revenue guidance. Match...
: WeWork plans to file for bankruptcy, Wall Street Journal reports
WeWork Inc. WE, the once-hot shared office space provider, is planning to file for bankruptcy, the Wall Street Journal reported on Tuesday, citing people familiar...
: Lumen Technologies’ stock rises on revenue beat
Lumen Technologies Inc.’s LUMN stock see-sawed before rising 1% in extended trading Tuesday after the telecommunications company reported quarterly results. Lumen Technologies reported a fiscal...
IPO Report: Ares Acquisition Corp., X-energy scrap $1.8B merger due to ‘persistently volatile public markets’
The deal marks the 165th SPACs that has liquidated this year alone, according to SPAC Research.
Market Extra: International equities are beating U.S. stocks in ‘rare’ outperformance. Should you lighten up on non-U.S. equities?
U.S. stocks are lagging international equities over the past year, in an unusual occurrence, according to DataTrek Research.
: AI could spark the next financial crisis, SEC Chair Gary Gensler says
There are few issues that cause SEC Chair Gensler more concern than the spread of artificial intelligence technology.
Key Words: U.S. fiscal deficit a ‘more serious problem than ever before,’ says Larry Summers
Former Treasury Secretary Larry Summers believes that the current budget deficit poses a greater challenge for the economy than it has before in U.S. history.