Better-than-expected results from CrowdStrike met a shrug in Tuesday’s extended session, with shares about flat shortly after the report’s release.
Influential trader Keith Gill, also known as Roaring Kitty, recently sparked meme-stock rallies that sent shares of GameStop Corp. and AMC Entertainment Holdings Inc. skyrocketing. But his trading activities have also caught the attention of the commonwealth of Massachusetts securities regulator.
The recent decline in oil prices is not a sign that the U.S. economy is heading for a recession — with the downward trend instead considered positive for stocks, according to DataTrek Research.
Often polar opposites, Glenn Hubbard and Larry Summers agree there’s a bumpy road ahead for the Fed.
“We are back at a point where the Fed might need to help the economy,” one trader says.
Friday’s jobs report is one of three looming economic and policy updates that could upend a summer calm in the stock market, says UBS.
Phunware’s stock tumbled Tuesday toward the lowest price seen since January, after the mobile-advertising software company announced a relatively large stock-sale program.
Trader Joe’s mini insulated tote bags dropped on June 4 and were reselling for 25 times as much the same day.
A panel of independent advisers to the Food and Drug Administration is meeting Wednesday to discuss the agency’s potential approval of MDMA-assisted therapy for post-traumatic stress disorder, marking a pivotal moment for the booming field of psychedelic medicine.
“There have been no changes in our portion sizes,” Chipotle’s chief corporate affairs officer said.
The Biden administration on Tuesday rolled out new executive actions that aim to deny asylum to migrants who illegally enter the U.S. at the southern border, but analysts expressed doubts about the move.
Five retailers — Target, Walmart, Amazon, Aldi and Walgreens — have slashed prices. But only one says the discounts are permanent.
Policy makers and business leaders have shifted financial risks onto American families, and women in particular, according to sociologist Jessica Calarco.
The number of job openings in the U.S. sank to a more than three-year low of 8.1 million in April, another sign the labor market is cooling off as the economy slows.
“We’re not helping people learn how to get proficient in their jobs,” one Wharton professor says. That could hurt young college grads.
The ECB will trim rates from a record high but will be cautious on the pace of future cuts
The British bank processed billions worth of payments on behalf of sanctioned entities including Al-Qaeda and Hamas, a lawsuit says
New orders rise 0.7%, in line with expectations
A company best known for its bitcoin-mining technology is seeing its stock get a huge boost after announcing a deal with a hot private artificial-intelligence company.
President Joe Biden expressed confidence that the U.S. economy can prevail in any competition with its chief global rival, China, in an interview with Time magazine Tuesday.
