The outage is believed to have caused $5.4 billion in losses for big enterprises — but various factors help insulate the cybersecurity company.
The selloff in U.S. semiconductor and megacap stocks has sucked up most of investors’ attention over the past couple of weeks. But they aren’t the only momentum trades that have stopped working.
Charter lost fewer internet subscribers than expected in the second quarter, though subscriber losses in its video business were steeper than what analysts were modeling.
The maker of Post-it Notes, Scotch tape and Command strips beat second-quarter earnings expectations and raised its full-year outlook.
Victims of Zelle fraud are entitled to more reimbursement than they’re getting, lawmakers say.
U.S. government debt rallied on Friday, pushing yields broadly lower, after the Federal Reserve’s preferred inflation gauge left expectations in place for the first interest-rate cut to arrive in September.
The Paris Summer Olympics could mark a reset for major sponsors after years of games held against the backdrop of geopolitical issues and the COVID-19 pandemic, according to branding expert Jim Andrews.
Oil settled lower on Friday and ended at a loss for the week, with prices weighed down by expectations of a Gaza cease-fire deal that would ease global supply concerns.