SunPower and other solar names lifted by First Solar’s better-than-expected results
Shares of SunPower climbed 9.2% Wednesday, with the maker of solar-energy technology buoyed by strong second-quarter results from solar-panel maker First Solar.
Amazon earnings come with a higher bar this time around
An AWS beat is “expected,” while a miss could stir up questions about the company’s positioning in the cloud, according to an analyst
Expectations had dimmed for the IPO of Bill Ackman’s new fund. Now, the offering is being pulled.
Billionaire investor Bill Ackman’s Pershing Square USA is withdrawing its plans for an initial public offering, according to a statement released on Wednesday, after ratcheting...
What cash savers and credit-card users can expect if the Fed cuts rates in September
The Fed stayed put for now, but many see a rate cut coming in September.
Tether hit a record $5.2 billion profit in first half on 2024
Tether recorded $1.3 billion in net operating profit for Q2 and $5.2 billion for the first six months of the year. Q2 also saw a...
New GMX revenue distribution model advances to on-chain vote stage
GMX proposes switching revenue distribution from ETH to GMX token buybacks. On-chain voting for the proposal is open until August 4 for the GMX DAO...
Small-caps and value stocks dominated in July by the widest margin in decades. Can the ‘great rotation’ continue?
The “great rotation” that turned the market on its head this month has shown investors that patience can pay off.
Powell says interest-rate cut ‘on the table’ in September if there’s more proof inflation is slowing
The Federal Reserve on Wednesday held its benchmark interest rate steady in a range of 5.25% to 5.5%.
Israel-Hamas-Hezbollah tensions rally oil, but July weakness hints at long-term worries
A rally in oil futures Wednesday comes as no surprise as violence in the Middle East, including the assassination of a Hamas leader in Iran,...