The Ratings Game: Sphere, buoyed by U2’s successful residency, spells opportunity, say analysts
The success of U2’s residency at the Sphere in Las Vegas and Sphere Entertainment Co.’s announcement of a $225 million convertible note this week spell...
Earnings Results: Broadcom logs earnings beat, but chip stock edges lower
Broadcom topped profit expectations for its latest quarter, but shares of the chip company were falling in Thursday's aftermarket action.
Earnings Results: Lululemon warns of worse-than-expected profit and sales for holiday quarter
Lululemon Athletica Inc. late Thursday called for lower-than-expected holiday quarter figures, saying that it has navigated an "uncertain" economy.
: Levi Strauss names Michelle Gass its next CEO
Levi Strauss & Co. LEVI said late Thursday that Chief Executive Chip Bergh will be retiring on April 26, and that, ahead of his departure,...
: Spotify CFO Paul Vogel is departing
Spotify Technology S.A. SPOT said Thursday its chief financial officer, Paul Vogel, is leaving March 31, 2024, and the company has launched an external search...
: FedEx sends security alert to contractors amid thefts during busy season
FedEx Corp. FDX has sent a security warning to contractors, asking them to give priority to the safety of their drivers and to keep an...
Economic Report: U.S. consumer-credit growth slows in October
Total consumer credit rose $5.2 billion in October, down from a $12.2 billion gain in the prior month, the Federal Reserve said Thursday. Economists had...
The Year Ahead: Fundstrat’s Lee reveals highest S&P 500 forecast on Wall Street. What the stock market’s biggest bull expects in 2024.
The S&P 500 is poised to rally to 5,200 by the end of 2024 as falling inflation will lead to lower interest rates and faster-than-expected...