The Nasdaq and other indexes got pounded in the stock market today even though U.S. wholesale prices flattened in February. Meta stayed weak. Home Depot slumped while gold miners advanced.
Wall Street is cheering Intel’s choice of new chief executive. Intel’s shares jumped 16% Thursday following the appointment of Lip-Bu Tan. The former CEO of Cadence Design Systems has plentiful chip-industry experience and served a stint on Intel’s board of directors.
Investors have rapidly been losing faith in the stock market—one of Wall Street’s most prominent bulls just joined their ranks. In a note Thursday morning, Yardeni Research, a widely respected and closely watched independent research firm, which spent much of the past year cheering on and defending the bull case for U.S. stocks, lowered its 2025 “best case” S&P 500 price target to 6400 from 7000. The S&P 500, which hit a record high of 6144 as recently as Feb. 19, has since tumbled 9.4%, including a decline Thursday, when the index was down 62 points, or about 1%, to 5539.
Mark Zuckerberg has sought to block the distribution of a former executive’s memoir that details allegations of sexual harassment and claims the business cosied up to the Chinese government.
Beverages - Soft Drinks industry presents growth opportunities, driven by innovation and digital transformation. Yet, it grapples with cost inflation, tariff uncertainties and supply-chain challenges. Top players such as KO, PEP, MNST, KDP and PRMB stand out as strong investment options.
An analysis of The Wall Street Journal’s Management Top 250 reveals that those with the best investment returns follow a clear pattern
A weak revenue forecast, macro uncertainty, and government delays sent UiPath tumbling--can it recover, or is more pain ahead?
U.S. equities dropped at midday, again driven lower by concerns about new tariffs.
Investors punished Adobe despite an earnings beat. AI doubts, weak guidance, and Trump's trade war are fueling the sell-off.
UiPath's revenue forecast falls short of expectations, but ARR grows as the company expands AI automation with Peak acquisition.