US Stock and Financial News
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Walt Disney, Chevron share gains contribute to Dow’s 225-point jump
The Dow Jones Industrial Average is up Thursday afternoon with shares of Walt Disney and Chevron seeing positive gains for the blue-chip average. The Dow is...
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Ralph Nader Demands Recall Of Tesla Self-Driving Tech
The longtime consumer advocate is calling on the federal government to "prevent the growing deaths and injuries."
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Apple’s Weighting in S&P 500 Is Highest for Any Company Since 1980
The iPhone maker now accounts for 7.3% of the index, ahead of prior market leaders like Exxon Mobil, GE, AT&T, and IBM
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Investors Sour on Pot Stocks Despite a Growing Market
The cannabis companies are being hurt as economy-minded buyers turn to cheaper marijuana while many states--and the federal government--have yet to legalize the drug.
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NYT Shares Rise 10% After ValueAct Cap Master Funds Reports Stake
By Stephen Nakrosis New York Times Co. shares gained nearly 10% Thursday after ValueAct Cap Master Funds L.P. disclosed a 6.7% stake in the company. In a...
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Frasers Group Completes Disposal of Retail Parks for GBP205 Mln
By Kyle Morris Frasers Group PLC said Thursday that it has completed the disposal of a number of retail parks to RI UK 1 Ltd. for 205 million pounds ($250.5...
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Stocks’ Gains Help the Rich but Consumer Sentiment Could Still Worsen
When markets rally, the wealthy may feel more confident to keep spending. But it may be premature to equate stock gains to more consumer spending.
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Bond Traders Dismiss Stock-Market Rally as Misguided Euphoria
(Bloomberg) -- For just a moment Wednesday, so brief that if you blinked you may have missed it, the US Treasury curve inverted to levels not seen since Paul Volcker…
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Pfizer Stock Slumps Amid Litigation Concerns Linked to Zantac Heartburn Drug
Zantac, also sold as ranitidine, was pulled from the market in 2020 following a study that suggested it contained a cancer-causing impurity.
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3 Drug Companies Fall on Zantac Lawsuit Fears. It Shows the Power of Analysts.
Sanofi, GSK, and Haleon had big market drops for two straight days after UBS weighed in with a downgrade of Sanofi.
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Absci Shares Rise 51%, Company Exceeds Annual Active Program Guidance
By Stephen Nakrosis Shares of Absci Corp. were trading higher on the Nasdaq Thursday, after the company reported its second-quarter financial results and...
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Accuray Shares Rise After Narrower-Than-Expected 4Q Loss
By Chris Wack Accuray Inc. shares were up 22%, to $2.66, after the company reported a fourth-quarter loss that was narrower than analysts expected. The...
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Red Robin Shares Drop 14% On 2Q Loss, Benchmark Cuts Rating
By Kathryn Hardison Red Robin Gourmet Burgers Inc. shares slid 14% to $9.15 after it said its second-quarter net loss widened because of commodity price...
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Outbrain Shares Slide 22% on Latest Cuts to Full-Year Guidance
By Denny Jacob Outbrain Inc. shares slid 22% to $5.25 after the company cut its full-year guidance even further in response to near-term challenges from the...
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Beto O’Rourke scolds heckler over Uvalde: ‘It may be funny to you motherf—er’
O'Rourke was discussing the mass shooting during a campaign speech when a man in the crowd began audibly laughing.
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Man armed with AR-15 style rifle shoots into FBI Cincinnati building with a nail gun and flees, leading to interstate standoff
Two law enforcement sources told NBC News that a man got inside and fired a nail gun toward FBI personnel.
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Disney is raising prices, but this time, don’t blame inflation
Disney is raising prices on the strength of its brand and products rather than because of inflation.
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Rogers Sugar 3Q Rev Boosted by Improved Sales Volume, Higher Prices — Commodity Comment
By Adriano Marchese Rogers Sugar Inc. saw revenue rise in its third quarter thanks to higher sales volume and higher prices for sugar. Sweet returns:...
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Seer Shares Slide on Downgrade After Wednesday’s Rally >SEER
By Colin Kellaher Shares of Seer Inc. tumbled more than 20% on Thursday, surrendering much of Wednesday's big gains, after a pair of Wall Street firms took a...
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Arrival Shares Fall After Company Reports 2Q Financial Results
By Stephen Nakrosis Shares of electric-vehicle company Arrival were trading lower on the Nasdaq Thursday, after the company reported its second-quarter...
