Salesforce is in late-stage talks to buy data-management software maker
US stocks fell on Wednesday, struggling to mount a comeback as investors’ interest rate worries coincided with a fresh slate of corporate earnings. After all three major indexes started the day in the green, the S&P 500 (^GSPC) ended down about 0.6%. The Dow Jones Industrial Average (^DJI) lost a more modest 0.1%. Meanwhile, the […]
Taiwan Semiconductor beat expectations for the first quarter but its stock is notably lower. Here's why.
The talks between Salesforce Inc. and data-management software firm Informatica Inc. allegedly came to a grinding halt, The Wall Street Journal reported, citing people familiar with the matter. The t
Commerce department says gross domestic product growth decelerated to 1.6% at start of year as consumers slowed spendingAmerica’s leading stock indices came under pressure on Thursday after official data revealed that US economic growth slowed sharply to its weakest rate in almost two years.But as high interest rates take their toll on the world’s largest economy, inflation continues to loom large. Continue reading
World stocks have recovered some losses and gold has fallen by the most in a year, dropping with government bond prices and oil as investors reversed some defensive positions taken going into the weekend on fears of a wider Middle East conflict. The week ahead is packed with corporate earnings, with 158 companies in the […]
The rollercoaster ride that is Fisker continues with this latest announcement
ServiceNow (NOW) on Wednesday reported first-quarter earnings and revenue
The publicly traded stock representing Donald Trump's "media group" took another dive after Trump and the founders disclosed their intent to take the money and run. The company's DJT, -16.88% S-1 filing with the Securities and Exchange Commission includes the potential sale of up to 114,750,000 shares held by former President Donald J. — Read the rest
The Chancellor has reportedly invited the bosses of some of Britain’s most prominent private companies to attend a meeting on May 16 at Dorneywood.
(Reuters) -Harley-Davidson on Thursday reported a 23% decline in first-quarter profit, hurt by slowing motorcycle sales as high borrowing costs deter potential buyers from making expensive purchases, sending its shares down 18% in afternoon trade. The company also reaffirmed its full-year revenue growth forecast of flat to down 9% for its motorcycle business and an operating income margin of between 12.6% and 13.6%, the top end of which was in line with the year-earlier number. "We're really...
The S&P 500 has fallen for five sessions in a row, bringing its