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Over $200 billion of Apple’s market cap has vaporized since Thursday. Here’s what’s going on
Finance
Over $200 billion of Apple’s market cap has vaporized since Thursday. Here’s what’s going on
By Will DanielAugust 7, 2023
S&P 500 companies are beating analysts’ earnings estimates—but investors should ‘avoid chasing this recent market rally,’ wealth managers argue
Finance
S&P 500 companies are beating analysts’ earnings estimates—but investors should ‘avoid chasing this recent market rally,’ wealth managers argue
By Will DanielAugust 7, 2023
Amin Nasser, President and CEO of Saudi Aramco, speaks during a press conference in the eastern Saudi Arabian region of Dhahran on November 3, 2019.
Finance
The world’s third-biggest company just saw its profits plummet 38%—but still paid shareholders $19.5 billion in dividends
By Chloe TaylorAugust 7, 2023
Dan Loeb
Finance
Hedge fund billionaire Dan Loeb laments the victory of meme stocks: ‘Fundamental analysis is increasingly taking a back seat to monitoring daily option expiries and Reddit message boards’
By Bailey Lipschultz and BloombergAugust 6, 2023
The hedge fund titan who’s been watching for ‘black swans’ for decades says the ‘greatest credit bubble in human history’ is set to pop—but he’s not worried
Finance
The hedge fund titan who’s been watching for ‘black swans’ for decades says the ‘greatest credit bubble in human history’ is set to pop—but he’s not worried
By Will DanielAugust 5, 2023
Andy Jassy
Retail
Amazon surges as Andy Jassy’s big cuts come with big revenue beat
By Spencer Soper and BloombergAugust 4, 2023
Here’s why top economists are calling Fitch’s decision to downgrade America’s credit rating ‘bizarre and inept’
Finance
Here’s why top economists are calling Fitch’s decision to downgrade America’s credit rating ‘bizarre and inept’
By Will DanielAugust 2, 2023
Jerome Powell
Finance
‘Imagine no recession, it’s easy if you try.’ Bank of America flip-flops on its recession call, arguing a ‘soft landing’ is on the way
By Will DanielAugust 2, 2023
Anthony Noto
Finance
SoFi sees student loan payments returning ‘more strongly’ next year, as Wall Street sends shares highest in nearly a year
By Paige Smith and BloombergJuly 31, 2023
New York Stock Exchange
Finance
Markets are partying like it’s 2019 again, says Wall Street’s top strategist who admitted he ‘was wrong’ about his big bear call
By Alexandra Semenova, Farah Elbahrawy and BloombergJuly 31, 2023
man using tupperware
Finance
Tupperware has become a meme stock, gaining over 300% in past month
By Chris MorrisJuly 31, 2023
NYSE broker
Finance
With the deficit hitting $1.39 trillion, a ‘sobering’ 170% increase, traders are bracing for a $102 billion auction of Treasury bonds
By Liz Capo McCormick and BloombergJuly 31, 2023
Wingstop
Finance
Wingstop shares take flight but Wedbush analyst frets at the price of wings shooting up over 30% in one month alone
By Joel Leon and BloombergJuly 29, 2023
Royal Caribbean
Lifestyle
Post-pandemic revenge spending on travel has Royal Caribbean up 120% year to date—and nearly back to its February 2020 level
By Peyton Forte, Janet Freund and BloombergJuly 29, 2023
Cancel the recession, Fed staff says. Whether the central bank’s governors agree is another matter
Finance
Cancel the recession, Fed staff says. Whether the central bank’s governors agree is another matter
By Will DanielJuly 26, 2023
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Most Popular
Law
Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggsplaceholder alt text
By Wyatte Grantham-Philips and The Associated PressJuly 2, 2026
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunchplaceholder alt text
By Marco Quiroz-GutierrezJuly 1, 2026
Success
Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaiiplaceholder alt text
By Sasha RogelbergJuly 2, 2026
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