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Breaking News: Markets

Boeing pauses tests of 777X aircraft after finding damage to one of the jets structures

by Monica Lozano
Boeing pauses tests of 777X aircraft after finding damage to one of the jets structures

A Boeing 777x aircraft during an aerial display on the opening day of the Farnborough International Airshow in Farnborough, UK, on Monday, July 18, 2022. Jason Alden | Bloomberg | …

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Categories Travel

Palo Alto Networks (PANW) gets back on track, delivering solid earnings, outlook

by Adrian Jhonsan
Palo Alto Networks (PANW) gets back on track, delivering solid earnings, outlook

After two rough quarters, Palo Alto Networks on Monday evening delivered the type of earnings report we expect from one of the best cybersecurity companies in the world. The stock …

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Categories World

Trump Media shares hit post-merger low as DJT slump continues

by James Odonell
Trump Media shares hit post-merger low as DJT slump continues

Sopa Images | Lightrocket | Getty Images Shares of former President Donald Trump’s social media company on Monday touched their lowest price since they began public trading on the Nasdaq …

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Categories Politics

SEC charges Carl Icahn with hiding billions worth of stock pledges

by James Odonell
SEC charges Carl Icahn with hiding billions worth of stock pledges

Carl Icahn, billionaire activist investor, waits for Donald Trump, president and chief executive of Trump Organization Inc. and 2016 Republican presidential candidate, not pictured, to speak at an election night …

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Categories Politics

WTI lower as demand weighs on market

by Milton Acorn
WTI lower as demand weighs on market

Crude oil futures fell for the fourth day in five Monday, as the U.S. pushed to secure a cease-fire deal to the end the fighting in Gaza and worries about …

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Categories Science

Goldman Sachs cuts odds of U.S. recession to 20% on fresh data

by Adrian Jhonsan
Goldman Sachs cuts odds of U.S. recession to 20% on fresh data

Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising it, as fresh labor market data sparked a reassessment of market views on the …

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Categories World

Good economic data has sparked a stock rally. Here’s what will drive the week ahead

by Adrian Jhonsan
Good economic data has sparked a stock rally. Here’s what will drive the week ahead

The economic worries that pummeled stocks in early August quieted further in recent days, enabling Wall Street to turn in its best week of the year. The tech-heavy Nasdaq Composite …

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Categories World

Starbucks’ CEO switch shows an old investing rule is still alive

by Adrian Jhonsan
Starbucks’ CEO switch shows an old investing rule is still alive

One thing you hate is when a shibboleth that’s meant to exert and exact discipline actually loses you money. That’s how I have been feeling about the idea that giving …

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Categories World

Japan machinery orders, central bank decisions

by Adrian Jhonsan
Japan machinery orders, central bank decisions

Finished utility hole covers and frames stored for shipment at the Ito Tekko Co. foundry in Kawaguchi, Saitama Prefecture,  Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were mixed on …

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Categories World

Palo Alto Networks bet big on bundling. Investors want more proof that it’s working

by Adrian Jhonsan
Palo Alto Networks bet big on bundling. Investors want more proof that it’s working

Palo Alto Networks stock has been on a tear into Monday’s fourth-quarter earnings report, entering Friday’s session up nearly 17% since Aug. 5 compared to a roughly 7% gain for …

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Categories World
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