NASA’s decision to bring Starliner astronauts Butch Wilmore and Suni Williams home on a SpaceX spacecraft represents “another hit” for Boeing, says Jefferies.
“Stock markets have regained their footing and retraced toward all-time highs,” says Morgan Stanley Wealth Management.
Icahn Enterprises’ stock tumbled 13% Monday to put it on track for a 21-year low, after billionaire Carl Icahn’s publicly traded investing arm filed to sell up to $400 million of its depositary units.
As the artificial-intelligence boom accelerates, data-center providers are positioned to reap substantial rewards.
The oil market’s attention was turning to North Africa on Monday, with reports that Libya’s eastern government had halted crude exports and production from the nation’s oil fields.
Investors used to Nvidia Corp.’s blockbuster results may underprice the risk of a disappointment and its impact on the broader market, according to BofA Global Research.
S&P 500 is almost as pricey as it was at the January 2022 bull-market top.
Demand for offshore drilling and related services is high, while market values for the companies are low.
Mpox outbreaks in Africa can be brought under control, but governments, international agencies and others need to work together to get tests and vaccines to affected areas, the head of the World Health Organization said on Monday.
While Eli Lilly and Novo Nordisk dominate the obesity-drug market, there’s a vast field of would-be competitors closing in behind them — and the most successful among those next-wave contenders stand to capture up to 20% of the lucrative market, analysts say.
Pro football league may allow private-equity firms to own up to 10% of a team.
Shares of Southwest Airlines Co. got a lift toward a six-week high Monday after activist investor Elliott Management sent a letter to shareholders explaining why the air carrier needs new leadership.
IBM is reportedly cutting 1,000 jobs after its revenue from China fell nearly 20% in 2023.
Orders at U.S. factories for long-lasting goods, such as new cars or machinery, jumped 9.9% in July, beating a 4% forecast. Orders have risen in five of the last six months.
McKesson said it hopes to “bring advanced treatments and improved care experiences to patients, while also reducing the overall cost of care.”
SolarEdge’s stock charged higher in early Monday trading, after the solar-power-equipment maker said its chief executive of the past five years, Zvi Lando, has stepped down.
Treasury yields were little-changed early Monday after falling last week as Federal Reserve Chairman Jerome Powell teed up a September interest-rate cut.
Mizuho said Monday its August consumer survey found that low-income consumers, who account for 22% of total U.S. household spending, continuing to struggle. But the cracks were also starting to show for higher-income consumers.
Oil prices were surging on Monday morning as the escalating conflict between Israel and Hezbollah over the weekend has heightened worries that the war in Gaza could disrupt regional oil supplies.
“After I retired I sold my home that we had been living in and it became part of my portfolio.”
