Paychex reported Tuesday fiscal third-quarter revenue that came up a bit shy of expectations, and cut its full-year growth outlook, as the human resources outsourcing company said its clients did less hiring than expected.
The list includes Tesla and Boeing — along with one stock for which analysts still see 50% upside.
Shares of Amazon and Tesla are among Wells Fargo’s “high-conviction” picks for the second quarter, but the analysts there see those stocks heading in different directions.
Activist investor Ancora Holdings Group is calling for the ouster of Norfolk Southern CEO Alan Shaw.
The artificial-intelligence craze and a “loosey goosey” Federal Reserve have helped to spawn another bubble in U.S. stocks, according to a strategist who anticipated the dot-com crash.
WeWork said Tuesday that after restructuring lease agreements at nearly 90% of its real-estate portfolio, it expects to come out of bankruptcy by the end of May.
Orders for manufactured goods rebounded 1.4% in February after two straight monthly declines, the Commerce Department said Tuesday. The increase was higher than the 1% gain expected by economists surveyed by the Wall Street Journal.
The number of job openings in the U.S. totaled 8.8 million in February for the second month in a row, showing a labor market with plenty of residual strength.
Inflation in the German economy fell for the fourth month in a row to 2.2% in March
Verve Therapeutics shares dropped more than 30% early Tuesday after the company paused enrollment in a trial of its gene-editing treatment for heart disease.
The gap between our goals and reality has never been wider
The hedge-fund founder defends his investments in China as others start to warm up to those embattled stocks.
Rivian Automotive Inc. said Tuesday it delivered 13,588 vehicles in the first quarter, beating the FactSet consensus for 13,000.
Oil services company Schlumberger Ltd. announced Tuesday an agreement to buy chemical and drilling technologies company ChampionX Corp. in an all-stock deal valued at about $7.8 billion.
An index tracking the strength of the U.S. dollar against a basket of rivals touched its highest level since mid-November on Tuesday, adding to the headwinds facing U.S. stocks.
UL Solutions Inc., a testing, inspection and certification company, launched its initial public offering on Tuesday with plans to issue 28 million shares priced at $26 to $29 each.
GE Aerospace and GE Vernova begin life Tuesday as two, separate stocks as they ring the opening bell on the New York Stock Exchange.
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