Boeing Co BA should be able to quickly ramp up aircraft production once the strike ends, according to an analyst. Goldman Sachs analyst Noah Poponak said he expects the strike, which began on Sept. 13, will end soon, though the […]
Online furniture retailer Wayfair Inc. W said on Monday that it is offering $700 million in secured notes to repay some of its debt, joining other companies’ run to the debt markets less than a week after the Federal Reserve
Mobileye Global Inc. MBLY shares skyrocketed on Thursday after Intel Corp INTC assured investors it would not drop its majority stake in the Israeli autonomous driving company. Mobileye gained 14.99% to close at $13.35 on Thursday, marking its largest intraday
Mobileye Soars After Intel Says It Will Not Sell Majority Stake – Intel (NASDAQ:INTC) Read More »
Mortgage rates continue to fall toward 6% as the housing market absorbs the Federal Reserve’s 0.5% rate cut on Wednesday, raising demand for refinancing and buying, stated Freddie Mac. The average rate for a 30-year fixed mortgage fell to 6.09%
Alice Walton, daughter of the late Sam Walton and heiress to the Walmart Inc WMT fortune, has retaken the distinction as the world’s richest woman. As of Sept. 4, Walton’s wealth was estimated at $89.1 billion, according to Forbes “World
Ibrahim Kalin, head of Turkey’s National Intelligence Agency, met with representatives from the Palestinian militant group Hamas in Ankara, Turkey’s capital, to discuss the negotiations for a cease-fire in Gaza, according to media reports. Kalin met with a delegation from
First, there was the Magnificent 7 of publicly traded companies: Apple Inc. AAPL, Microsoft Corporation MSFT, Nvidia Corporation NVDA, Amazon.com, Inc. AMZN, Alphabet Inc. GOOG GOOGL, Meta Platforms Inc. META and Tesla Inc. TSLA. Now, there is the Private Magnificent
Wednesday’s inflation figure of 2.5% for August — the lowest rate since February 2021 — gives the Federal Reserve the go-ahead signal on cutting rates when it meets on Sept. 18, according to economists. “All clear for launch,” Chris Zaccarelli,
A refusal by Google to grant an e-mobility app made by Enel SpA access to its Android Auto platform may violate competition laws, according to an adviser with the Court of Justice of the European Union (CJEU). Italy’s antitrust regulator
Editor’s Note: A key point in this article has been updated to reflect accurate information on GameStop’s peak May 14 share price. GameStop Corp.‘s GME second meme stock surge this spring hasn’t attracted the swarm of retail investors that made
