Downside protection, a veteran fund manager’s secrets, and commodity ETFs get a bid.
Cloudflare Inc.’s stock was free-falling in extended trading Thursday, following a quarterly report that was largely in line with analyst estimates but included a revenue outlook that fell short.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.
Shares of Fortinet Inc. fell 9% in the extended session Thursday after the cybersecurity company reported a better-than-expected first quarter and guidance that went beyond Wall Street forecasts, but billings were slightly off the mark.
The Federal Reserve’s extended period of higher interest rates is hitting home for mall owners with maturing debt.
ETF investors shifted their “buying-behavior rhythm” in April, according to the head of SPDR Americas research at State Street Global Advisors.
DraftKings Inc. rang up a huge spike in revenue and raised its full-year sales guidance on Thursday, sending its stock up 3% in extended trading.
Also contributing was momentum across the company’s two main business areas, the Cash App mobile wallet and the Square merchant business.
The tax agency announced goals Thursday in an effort to show what it’s doing to maximize the billions of dollars provided by the Inflation Reduction Act.
One of Wall Street’s oldest adages — “sell in May and go away” — has tempted stock-market investors into dumping equities this month and returning to the market in November. The opposite of this seasonal pattern exists in the U.S. government-debt market.
Failed rallies, oil-price weakness and strong sell-signals.
Sony Pictures and Apollo Global Management Inc. have submitted a $26 billion cash offer for Paramount Global.
Regeneron Pharmaceuticals’ stock reversed early losses to trade higher on Thursday, as analysts looked beyond a first-quarter earnings miss to focus on some of the biotech’s pipeline products.
Options traders continue to price in the decent possibility of another Fed rate hike, despite Jerome Powell calling such a move ‘unlikely.’
Gold is not considered a respectable investment in polite circles, but maybe it should be.
Kellanova, the packaged-food giant spun out of the former Kellogg, cited “tangible signs that this year’s return to full commercial activity is taking hold in the marketplace.”
Deliberately weakening social protections has created greater financial and economic insecurity.
