JD.com shares climb after announcing $5 billion share buyback, outperforming decline in Hang Seng
The announcement is JD.com's second buyback this year, after announcing a $3 billion buyback in March.
Bank of Japan official reiterates its readiness for more rate hikes
Bank of Japan Deputy Gov. Ryozo Himino on Wednesday repeated the central bank’s stance of raising interest rates further as long as the economy and...
Sony to raise price of PS5 game console in Japan by nearly 20%
Sony plans to raise the price of its PlayStation 5 console in Japan by nearly 20% due to changes in the global economic environment, the...
Ambarella stock soars 18% on earnings beat, sunny forecast
Shares of Ambarella soared after the semiconductor design company posted better-than-expected second-quarter results and projected revenue growth well above Wall Street expectations.
E.l.f. Beauty’s board approves $500 million buyback program
The board of e.l.f. Beauty has authorized a new $500 million share-repurchase program.
Shake Shack to close 9 underperforming locations
Shake Shack said it was closing nine company-owned restaurants in California, Texas and Ohio that were underperforming and, in some cases, cannibalizing sales from other...
U.S. stock market’s breadth has strengthened significantly, these charts show
More U.S. stocks are participating in the recent market rally, with the S&P 500 index further building on its August rebound on Tuesday, according to...
Sales drop for Calvin Klein’s parent PVH amid ‘challenging’ environment in Asia
PVH Corp.’s stock drops 7% after hours despite a beat for the retailer, which owns Calvin Klein and Tommy Hilfiger’s brands.
CrowdStrike adds new safeguards for Nvidia’s AI resources
CrowdStrike is teaming with Nvidia to provide additional safeguards for the chipmaker’s artificial-intelligence workflows and resources.