: ‘No one is immune’: Activist investors target tech companies after stocks dive
Companies that are stumbling through layoffs, stock-price drops and slowing growth in a bruising economy are being targeted.
Economic Report: Jobless claims climb 13,000 to 196,000 — but are still near pandemic-era lows
The number of Americans who applied for unemployment benefits in early February rose by 13,000 to 196,000, but that number is still near the pandemic-era...
Deep Dive: Sell your Bank of America shares now, says KBW
David Konrad, a managing director of equity research at Keefe, Bruyette and Woods, believes the bank's valuation to expected earnings is too high
Market Extra: Why U.S. dollar bears don’t believe in the greenback’s big bounce
The U.S. dollar's surge versus major counterparts after last week’s jaw-dropping employment data is likely to fade, according to bearish market strategists.
Earnings Results: Michael Kors parent Capri’s stock slides 27% after profit misses by a wide margin amid wholesale struggles
Growth in its own retail channel was healthy, but orders from department stores for Michael Kors products in particular were weak.
The Ratings Game: Disney is undergoing a ‘drastic evolution’ in streaming, and more changes could be afoot
Efficiency themes have been winning the day on Wall Street, and Disney CEO Bob Iger is garnering praise for bringing more discipline to the media...
The Wall Street Journal: Standard Chartered stock soars on report of revived bid interest
Standard Chartered's stock soared Thursday, buoyed by a report that First Abu Dhabi Bank is again preparing a potential offer for the London-based lender after...
Need to Know: Believe the hype? Morgan Stanley says AI chatbots will have more staying power than meme and pot stocks
Our call of the day from Morgan Stanley says investors should seriously consider the potential of what some see as the next big thing --ChatGPT...
Futures Movers: Oil steady after shaking off rise in U.S. crude supplies
Oil futures trade a touch higher Thursday after shaking off a seventh straight rise in U.S. curde inventories in the previous session.