Billionaire Jack Dorsey Deals a Huge Blow to President Biden
Tech billionaires seem determined to use their influence in the runup to the 2024 U.S. presidential election.
Tech billionaires seem determined to use their influence in the runup to the 2024 U.S. presidential election.
Discover how Warren Buffett spends his multibillion-dollar fortune and amassed his $134 billion net worth, which grew by over $16 billion this year.
U.S. Steel Corp is locked in a spat with rival steelmaker Cleveland-Cliffs Inc over a confidentiality pact that would allow the latter to participate in a sale process that is underway, people familiar with the matter said on Wednesday.
While it stood pat this time, the Federal Reserve has raised rates 11 times in this cycle.
Cisco Systems said it will acquire software company Splunk for $28 billion in cash. Splunk stock jumped on the news.
(Bloomberg) -- Canada, home to the world’s third-largest crude deposits, is poised to reshuffle global oil flows next year.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldThe nearly completed expansion of the Trans Mountain pipeline promises to vault Canada into a new role
Investors are always eager to hear that a stock in their portfolio has announced a dividend increase. For income investors, it means a monthly or quarterly raise. For investors who are also concerned with growth, such dividend hikes can portend an increase in future earnings. A dividend increase often indicates that the company's board of directors has faith that future earnings can cover the dividend hike comfortably. In addition, a dividend increase often makes the stock more attractive to inv
Google executives have had extensive discussions about dropping Broadcom as a supplier of artificial-intelligence chips as early as 2027, according to a report.
Dividend stocks are the multi-purpose tool of the markets. They offer investors a two-pronged path towards profitable returns, including a measure of defense against tough market conditions along with a steady source of passive income. It’s an attractive combination. The best dividend stocks will give an inflation-beating income based on the dividend alone, backing it up with a long-term history of reliable payments. It’s a win-win situation for investors: when the stock goes up, you’ll make mon
Warren Buffett had some advice for American Express CEO Steve Squeri at the start of the pandemic.
Networking equipment giant Cisco Systems said Thursday it would acquire Splunk a cybersecurity and data analytics software company, for $157 a share in cash in a deal with an enterprise value of about $28 billion. “From threat detection and response to threat prediction and prevention, we will help make organizations of all sizes more secure and resilient.”
A cell therapy for multiple myeloma promises to be a major blockbuster for J&J and partner Legend, if they can increase manufacturing.
Before you decide to retire, consider the pros and cons of quitting work at different ages to make sure you have the financial resources you'll need.
General Motors and Chrysler-parent Stellantis announced layoffs in Kansas and Ohio due to the ongoing UAW strike.
"I see far more bullish indicators for stocks than I do bearish. And what I think is interesting is that every day a new bearish narrative emerges."
Seaport analyst Tom Curran upgraded shares of solar-tech firm Enphase to Buy from Neutral, and set a $185 price target—about 50% above the current market price.
Super Micro Computer (SMCI) closed the most recent trading day at $243.07, moving -1.89% from the previous trading session.
US stocks were poised to continue their retreat on Thursday as investors worried over the Fed's hawkish stance.
Futures fell after the stock market sold off Wednesday as the Fed signaled it sees one more rate hike in 2023, with fewer cuts in 2024.
Between cost and demand, Wegovy and other weight-loss medications could transform healthcare in the U.S.—for good and ill.
Shares of companies that treat everything from Type 2 diabetes to sleep apnea have been sinking since new weight-loss medications skyrocketed.