Flutter Entertainment’s stock up 8% after FanDuel parent outlines growth plans and unveils $5 billion share buyback
FanDuel boosted its outlook for the size of the total addressable market in North America.
FanDuel boosted its outlook for the size of the total addressable market in North America.
While rate-cut optimism could be helping AT&T’s stock toward its best month in nearly two years, there’s also been growing validation of the company’s fiber strategy.
Target Hospitality Corp.’s stock tumbled 24% early Wednesday, after the provider of modular housing said it has disbanded a special committee created to review a buyout offer after the bidder failed to follow through on its offer.
From Nov. 1, when holiday spending picks up in earnest, through Dec. 31, Adobe expects U.S. online sales of $240.8 billion, an 8.4% gain and a new record.
Social-media platform Reddit is rolling out machine-learning translation to a slew of new countries.
The Federal Reserve is all about delivering a soft landing for the economy. Investors aren’t totally convinced.
“We are all naturalized citizens. We have a small savings of over $45,000 deposited in a high-yield savings account.”
Tesla’s stock has been on a tear in September, and Baird analyst Ben Kallo expects more gains are to come after the electric vehicle giant reports deliveries data next week.
Merck & Co.’s said a late-stage trial of its blockbuster cancer drug Keytruda in combination with favezelimab failed to meet the main goal of overall survival (OS) as a treatment for a type of colon cancer.
Commodity prices have climbed this week, with oil, silver, and copper among the more recent standouts, buoyed by China’s stimulus measures, but traders should be wary about the outlook for the sector until they see evidence that the global economy will avoid a hard landing.
Brokerages are sitting on something that could help fuel a rally in the stock market — piles of uninvested cash.
Mortgage applications rose 11% in the last week, the Mortgage Bankers Association said.
Oil futures traded modestly lower early Wednesday, pulling back from strong gains seen the previous session amid a broad commodity rally sparked by China’s announcement of an aggressive monetary stimulus plan.
The European Central Bank will likely make a series of consecutive 25 basis point cuts at each of its upcoming meetings between now and April 2025, HSBC’s analysts said
The flip side of a labor market deteriorating is that wage pressure on profit margins ease. Here are companies that benefit.
Bond yields rose amid hopes the U.S. economy is enjoying a soft economic landing despite the Fed completing a monetary policy tightening cycle.
American Express and U.S. Bank are among the major issuers that have already lowered rates on some cards following the Fed’s big rate cut.
Chinese stocks on Wednesday extended their rally triggered by Beijing’s stimulus bazooka, though optimism elsewhere in the region could not be sustained
The U.S. economy will slow down next year but steer clear of a recession as the Federal Reserve cuts interest rates, a world body forecasted on Wednesday.
Lauren Sanchez and billionaire fiancé Jeff Bezos boast one of the world’s most impressive property portfolios, with megamansions scattered across the U.S.