Earnings Results: Box’s stock drops 11% on tepid revenue forecast
Box Inc. reported quarterly results Tuesday roughly in line with analysts' revenue and earnings estimates, but offered tepid sales guidance.
Project Syndicate: Inflation is falling but interest rates will be higher for longer. Way longer.
The 'lower forever' camp may need to reassess their beliefs in light of current market realities.
The Tell: Sitting on cash? Stocks, bonds pay off more when Fed on ‘pause’ than in ‘easing periods,’ BlackRock says
Investors sitting on cash risk missing gains in stocks and bonds historically seen when the Federal Reserve is on pause, according to BlackRock.
Earnings Results: MongoDB earnings clear Wall Street’s bar, but stock falls
MongoDB easily cleared expectations with its latest results and outlook, but shares of the database company were declining 5% in Tuesday's extended session.
Crypto: Bitcoin rally expands to smaller crypto, like Dogecoin
Bitcoin's rally to its highest level since April 2022 helps lift smaller cryptocurrencies.
: Biden: ‘If Trump wasn’t running, I’m not sure I’d be running’
President Joe Biden said Tuesday he's not sure he'd be running again for the White House if former President Donald Trump weren't also in the...
: Apple is a $3 trillion company again, for the first time since August
Apple's stock is up 49% so far in 2023, but other big tech stocks have enjoyed bigger gains.
Earnings Results: Toll Brothers sells fewer homes, but builder ‘encouraged’ by lower mortgage rates
Toll Brothers Inc. reports lower profit and sales, builder says it is "encouraged" by lower mortgage rates.
: Five9 says it is not pursuing a sale
Five9 Inc. FIVN said Tuesday it was approached with an acquisition opportunity, but is not pursuing any deal. The cloud-based software provider was reacting to...