Super Micro’s stock just got downgraded for these four reasons
Barclays worries about three trends in the server maker’s business, plus inadequate investor transparency.
Philadelphia Fed President Patrick Harker to retire next June
Philadelphia Federal Reserve President Patrick Harker will retire next June, the regional Fed bank announced Wednesday.
Sweetgreen’s 2024 rally stays fresh as TD Cowen upgrades salad chain to buy
Investors continued flocking to Sweetgreen Inc.’s hot stock on Wednesday as the restaurant chain piled on more gains on the heels of a fresh upgrade...
Molson Coors pumps the brakes on DEI practices
Molson Coors is joining a growing list of companies bidding farewell to DEI practices like supplier quotas and DEI-based training programs.
Switzerland’s 4th largest bank ZKB launches Bitcoin and Ethereum trading
Zürcher Kantonalbank (ZKB) now offers Bitcoin and Ethereum trading via ZKB eBanking and Mobile Banking. The bank has partnered with Crypto Finance AG and will...
Job openings fall to lowest level since 2021. It’s getting harder to find work.
Job openings in the U.S. fell to the lowest level in three and a half years and returned to prepandemic levels in another sign the...
Factory orders rise in July after two months of weakness
Orders for U.S. manufactured goods rose 5% in July, the Commerce Department said Wednesday. The gain follows two straight monthly declines.
Moderna’s experimental mpox vaccine reduces severity of disease, early study finds
Amid mounting concerns about the spread of mpox, an experimental vaccine from Moderna may be poised to offer additional protection beyond currently available vaccines, research...
NFL’s next big media rights payday is years off — and subject to a shifting industry
The NFL and other leagues are waiting to see how the turmoil in the media industry shakes out before determining their future TV rights deals.