MicroStrategy stock soars 24% — tops $1,300 for first time in 24 years as bitcoin soars
The software company and bitcoin play adds nearly $11 billion in market cap in 6 days.
The software company and bitcoin play adds nearly $11 billion in market cap in 6 days.
Four former Twitter Inc. executives, including former Chief Executive Parag Agarwal, on Monday sued company owner Elon Musk for more than $128 million in severance.
There are some historical warning signs about the recent stock-market rally, according to Deutsche Bank.
An Evercore analyst isn’t sweating Apple’s downbeat March revenue outlook, while noting generative AI and the Vision Pro could be catalysts.
As Apple Inc. absorbs the regulatory body blow of a record $1.95 billion antitrust fine from the European Union on Monday, its legal team is bracing for yet another epochal action.
Even with the improvement, two out of five households are still at risk
Rivian, Planet Fitness, and Mister Car Wash have also had to correct errors recently
Both the S&P 400 midcap Index and an ETF that tracks the S&P 500 equal-weight index appeared poised for record closes on Monday, an indication that more stocks are joining a rally that has been criticized for its dependence on Big Tech.
The S&P 500 index is trading around record highs after just four stocks drove nearly half of its gains in February, according to BofA Global Research.
Macy’s Inc.’s shares climbed 15.4% Monday, and its high-yield bonds rallied along with them, after an investor group seeking to take over the department-store chain sweetened its bid by roughly $800 million.
American Airlines’ order of 260 aircraft — including 85 new 737 Max 10s — is part of its plan to boost premium seating.
JetBlue Airways Corp. and Spirit Airlines Inc. said Monday they have reached an agreement to terminate their July 2022 merger deal, sending Spirit’s stock down 14%.
With the labor market strong and growth above trend, there isn’t pressure on the U.S. central bank to cut interest rates, Atlanta Fed President Raphael Bostic said Monday.
Shares of Tesla Inc. fell more than 5% Monday amid a fresh round of discounts and price cuts for the electric-vehicle maker.
Nvidia, Uber, Amazon and Live Nation are four of the companies that have combined soaring stock prices with even more rapid increases in earnings estimates over the past year.
Retail investors and financial advisers have much to learn about this new investment.
The high-flying stock’s earnings multiple is ‘in line with other AI enablers,’ Goldman Sachs says in adopting a neutral stance.
Many 100-year-olds are cognitively healthy until the very end of life
Terran is facing a leadership battle between Lockheed and Sophis Investments.
Analysts still have concerns about margins, revenue growth and cash burn in the wake of Plug Power’s latest earnings.
“How do I make sure my stepmother is taken care of financially without completely giving up my rights to my dad’s estate?”
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