Cisco Systems Stock Tumbles Amid Cautious Guidance, Job Cuts—Key Indicator to Watch
Key Takeaways Cisco System shares moved lower in extended-hours trading Wednesday after the company provided …
Tepper’s Appaloosa Trimmed Semiconductor Holdings, Took Big New Positions in Oracle, ARKK
Key Takeaways David Tepper’s Appaloosa Management entered several new positions in the fourth quarter, the …
Generac’s Profit and Outlook Hurt by Slowing Commercial Sales
Key Takeaways Generac missed earnings estimates and full-year guidance as demand for its commercial products …
SentinelOne Stock Rises After Bank of America Upgrade, New Price Target
Key Takeaways SentinelOne Inc. shares advanced Wednesday after Bank of America Securities upgraded the stock …
Uber Shares Surge After Unveiling $7 Billion Buyback in First For Ride-Hailing Firm
KEY TAKEAWAYS Uber Technologies shares surged 11% Wednesday morning after the ride-hailing firm said it …
Bitcoin Market Cap Tops $1 Trillion Again—That’s Almost Twice That Of Tesla
Key Takeaways Bitcoin crossed the $1 trillion market cap threshold for the first time since …
Investors Have Piled Into ‘Magnificent Seven’ Stocks—Why That May Not Be Good
Key Takeaways The rise of the elite tech stocks has left the S&P 500 at …
Index Drops Following January Inflation Report
Key Takeaways The S&P 500 fell 1.4% on Tuesday, Feb. 13, 2024, after the latest …
JetBlue Stock Jumps After Activist Investor Carl Icahn Discloses Almost 10% Stake
KEY TAKEAWAYS Activist investor Carl Icahn disclosed a 9.91% stake in JetBlue Airways, noting in …
Marriott International’s U.S. Business Slows After Post-Pandemic Peak
Key Takeaways Marriott International Inc.’s fourth-quarter revenue missed estimates Tuesday as the post-pandemic travel boom …