When investors fall in love, consequences can be dreadful
Qualtrics International Inc., the enterprise-software company owned by SAP, will reportedly price its initial public offering at $30 a share, above its targeted range.
A mania is under way on Wall Street that is being heralded by some as a revolution of individual investors against pros, but there are concerns that the recent flurry of activity could end badly.
Tesla Inc. reported a sixth-straight quarter of profit and a sales beat late Wednesday, but earnings came in below Wall Street expectations and the stock fell as much as 7% in after-hours trading.
ServiceNow Inc. reported subscription and customer growth in the fourth quarter, saying it continued to help companies with their "digital transformations" as they navigate the COVID-19 pandemic.
Apple Inc. posted its highest quarterly revenue total yet as the new iPhone 12 powered the company to its first $100-billion quarter in sales.
Champions of GameStop's jaw-dropping stock surge portray it as a victory by long-suffering mom-and-pop investors over nefarious Wall Street institutions, but some veteran market observers question who, exactly, is getting played.
GameStop Corp.'s stock movement continued to turn efficient market theory on its head Wednesday, streaking to a record that valued the retail chain at more than $20 billion.
