Wolfspeed stock rises on big boosts to revenue from EVs and AI
Shares of Wolfspeed gained after the silicon carbide technologies company projected its electric-vehicle revenue would triple in the current quarter, while its overall business would...
Bronfman boosts last-minute offer for National Amusements and Paramount, WSJ reports
In the latest twist for the media-industry merger drama that refuses to end, Edgar Bronfman Jr. has upped his offer to media heiress Shari Redstone’s...
Would lower real-estate commissions lead to higher home prices? Economists are split.
Changes in real-estate commissions are set to have a profound impact on the U.S. housing market.
Disney taps Morgan Stanley’s Gorman to oversee selection of Bob Iger’s successor
Walt Disney Co. on Wednesday said its board had named Morgan Stanley veteran James Gorman to head the succession-planning committee seeking a replacement for Bob...
Aave spikes to 5-month high as Bitcoin tests area near $62k
Aave reached a five month high above $143 with a 14% spike. Bitcoin broke to above $61,800, with price gaining 4% amid fresh crypto resilience....
Zoom sees more sales from some of its biggest customers, and stock rises
Communications tech company also guided for a better current quarter, and a better year.
Bitcoin’s recovery is dragging. Here’s why crypto investors aren’t buying the dip just yet.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.
Cost of shorting Carl Icahn company’s stock has spiked since billionaire’s SEC settlement
Borrowing rates for investors seeking to short Icahn Enterprises. have spiked more than fivefold, to above 25%, since the company and its founder and majority...
Bond ETFs rise after revised jobs data but ‘everybody is waiting for Powell’
The U.S. bond market was rising Wednesday, as investors assessed revisions to labor-market data and looked ahead to Federal Reserve Chair Jerome Powell’s Jackson Hole...