The Charlotte-based engineered technology company filed a preliminary proxy with the U.S. Securities and Exchange Commission that outlines the hectic 29 weeks of dealmaking.
This trio might be ice cold. But Wall Street says they now have up to 86% upside.
(Bloomberg) -- Get ready for a fresh slump in the world’s most-watched stock index, as economic growth fears spiral and the Federal Reserve embarks on its biggest policy-tightening campaign in decades.Most Read from BloombergWalmart’s Troubles Should Have Everyone on High AlertBroadcom in Talks to Acquire Cloud Company VMwareA $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest EggsStocks Rise After Biden Comments; Dollar Drops: Markets WrapHow an Energy Expert Triggered Vladimir Putin With O
The first half of 2022 has been rocky. But Goldman likes this group to bounce back.
If a major recession is coming, the financial guru recommends some fast, concrete moves to protect your money.
During the week ended May 21, the World Health Organization (WHO) said it had found about 120 cases of confirmed or suspected monkeypox, a dangerous viral infection related to smallpox. Monkeypox is endemic to central and west African countries, but the WHO keeps finding it in around a dozen countries where we aren't used to seeing monkeypox. Since many of the new cases aren't associated with travel to monkeypox hot spots, it's highly likely that it's already spreading through communities.
The Wall Street Journal reports Broadcom is offering cash and stock for cloud-computing specialist VMware, the latest in a string of acquisitions for the chip maker.
Chinese ride-hailing giant Didi Global Inc. is widely expected to secure a blessing from its shareholders on Monday to delist in New York. Peter Elstrom reports on "Bloomberg Markets: China Open."
(Bloomberg) -- Broadcom Inc. is in talks to acquire cloud-computing company VMware Inc., according to people familiar with the matter, setting up a blockbuster tech deal that would vault the chipmaker into a highly specialized area of software. Most Read from BloombergWalmart’s Troubles Should Have Everyone on High AlertBroadcom in Talks to Acquire Cloud Company VMwareA $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest EggsStocks Rise After Biden Comments; Dollar Drops: Markets WrapHow an E
On Friday morning, agricultural equipment giant Deere & Company (NYSE: DE) announced that it just grew its profits about twice as fast as it grew its sales. Reporting its financial results for its fiscal second quarter 2022 Friday, Deere said its net sales and revenue came in at $13.4 billion, up 11% year-over-year. In just the first two hours of trading Friday, Deere stock fell 11.5%.
The Tesla CEO has publicly doubted Twitter's claim that only 5% of the platform's users are bots.
Ally and SoFi have similar business models, but one is a Warren Buffett stock and the other isn't.
The jet maker's R&D spending on commercial airplanes plunged by half from 2017 to 2021. If Boeing doesn't step up its investments soon, the failure could cement — or even worsen — the company's loss of market share to Airbus, an analyst says.
Market rotation out from this defensive sector could signal the start of stock market capitulation based on the analogue comparison of the global financial crisis in 2008.
In the fourth quarter, XPeng (ticker: XPEV) reported an adjusted loss of 11 cents from about sales $1.3 billion. XPeng delivered 41,751 vehicles in the fourth quarter of 2021. Gross profit margins were 12% in the fourth quarter.
Does the May share price for Pfizer Inc. ( NYSE:PFE ) reflect what it's really worth? Today, we will estimate the...
Despite a steep 89% decline from all-time highs, this stock is back on the rise and up 77% from its 52-week low.
Despite a seemingly endless parade of economic data and earnings reports, the most important data release of the quarter occurred on Monday, May 16, and there's a real possibility you missed it. Last Monday marked the deadline for money managers with at least $100 million in assets under management to file Form 13F with the Securities and Exchange Commission. With market volatility picking up in a big way this year, perhaps it's no surprise that highly profitable and time-tested stocks within the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) were popular buys.
(Bloomberg) -- The world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting poorer.Most Read from BloombergWalmart’s Troubles Should Have Everyone on High AlertBroadcom in Talks to Acquire Cloud Company VMwareA $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest EggsStocks Rise After Biden Comments; Dollar Drops: Markets WrapHow an Energy Expert Triggered Vladimir Putin With One WordAmericans’ collective net worth had been climbing at a dizzying rate for the
Without investors starting to see a way through challenges and policy markets starting to help, any bear-market rallies aren’t likely to last. This would further damage confidence.
Tech stocks have been one of the worst-performing sectors of the market, losing over 20% of their value so far this year. After a 30-year bull run that saw the Nasdaq 100 index gain nearly 4,000%, the tech-heavy benchmark has turned south and is officially in bear market territory. While that's made investors leery of dipping their toes into the sector, particularly when energy stocks have gained over 50% in 2022, now just might be a great time to invest in tech stocks.