AST SpaceMobile shares slide on $400 million stock sale
Shares of AST SpaceMobile Inc. fell 14% Thursday after the space-based broadband company announced an at-the-market sale of up to $400 million of common stock.
Shares of AST SpaceMobile Inc. fell 14% Thursday after the space-based broadband company announced an at-the-market sale of up to $400 million of common stock.
The bulk retailer’s same-store sales were up 5% in August and 5.4% in its most recent quarter.
While Broadcom beat on infrastructure solutions revenue in the latest quarter, it missed in semiconductor solutions and came up short on its overall revenue outlook for the current quarter.
The e-signature company recently started rolling out a new platform that uses AI and lets customers analyze all their contracts.
Former President Donald Trump, in a speech Thursday, proposed lowering the corporate tax rate to 15% “solely for companies that make their product in America,” amending a previous proposal to lower the rate for all U.S. corporations.
S&P 500 is facing resistance to move higher; 5,370 is the number to watch.
The assertion that grandparents or anyone else should be providing child care without a plan to pay them “plays into this harmful narrative that undervalues caregiving,” one advocate says.
Boeing’s troubled Starliner capsule will leave the International Space Station on Friday and return to Earth uncrewed — leaving two NASA astronauts to catch a ride home with SpaceX.
There’s one big factor behind early August’s scare in the U.S. stock market which hasn’t gone away and has little to do with a U.S. economic slowdown. It’s the popular currency approach known as the carry trade.
Nio’s stock was headed for a fifth straight gain Thursday after the China-based electric vehicle maker provided an upbeat outlook for revenue and deliveries.
Consumption trends slowed in the current quarter as consumer value-seeking behavior led to discounting, says CEO.
Cereal maker WK Kellogg Co. on Thursday talked up its longer-term prospects at an analyst conference, saying that it was better off focused solely on breakfast staples like Frosted Flakes and Raisin Bran after breaking off from Kellanova last year.
The candidates in the 2024 presidential election have presented starkly different visions for corporate taxation — and if implemented, they could have a major impact on the stock market.
The U.S. dollar has held its ground this week after a sharp decline in August that sent the dollar index to its worst month since November — but strategists at BofA Global Research believe its recent weakness will lead to further downside for the greenback over the next few months.
The U.S. jobs report is always a big deal on Wall Street, but the August payroll numbers loom even larger. They could sway how much the Federal Reserve cuts interest rates this month.
The U.S. initial public offering market could see 30 to 50 more deals before year-end to raise about $10 billion, but the floodgates are unlikely to fully open before 2025, given recent market volatility and the uncertainty created by the U.S. presidential election.
Markets await the release of ‘highly anticipated’ jobs report on Friday, Freddie Mac says
A reader is panicked about amassing $1 million before retirement, but does not realize that she and her husband are already there.
C3.ai shares are down after earnings showed a different business mix than analysts were expecting, but the CEO says that’s not a bad thing.
Inventions ranging from the printing press to the telephone all created market bubbles, even as they worked to transform the world