Shares of teen-centric discount retailer Five Below Inc. sank on Wednesday after the company forecast full-year profit and sales that fell short of Wall Street’s expectations.
Shares of Digital World Acquisition, the special-purpose acquisition corporation looking to buy former President Donald Trump’s social-media company, soared in active trading Wednesday, two days before a shareholder vote on the proposed merger.
The memory-chip company swung to a surprise profit and vastly exceeded the consensus view with its outlook.
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Gold showed little reaction in the immediate aftermath of the Federal Reserve’s decision Wednesday, then rallied toward record highs.
Letitia James said Trump’s explanation for his inability to secure a $454 million bond doesn’t fly, pointing to other, bigger bonds secured in the past.
The House of Representatives’ most important crypto booster said Wednesday he is “optimistic” that Congress will pass legislation this year to bring greater regulatory certainty to the digital-asset industry.
Reddit’s forthcoming IPO has raised the question of how the social-media platform makes money and plans to turn a profit.
Shares of Paramount Global climbed nearly 8% Wednesday on reports that private-equity firm Apollo Global Management Inc. has offered $11 billion to buy the media conglomerate’s film-and-television studio.
Slower growth and significant risks to the U.S. fiscal outlook are posed by mounting debt, CBO says.
Nordic countries and Switzerland consistently rank high in the Gallup World Happiness Report, because they “give a certain level of predictability that you find nowhere on earth.”
The stock market has been unusually calm lately. Should investors worry that a correction might be overdue?
Astera Labs got a warm reception in its Wall Street debut, giving investors yet another hot chip play to consider.
