The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like...
Becoming a millionaire is the dream, one that can become a reality even for those who were not born into affluent families. According to The Ascent, roughly 8.8% of the American population is a...
“I think, a year from now, we [will] have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.
The amount Hindenburg Research made from it's short-seller report on Adani Group pales in comparison to the market value it erased.
BlackRock acquired Preqin for $3.2 billion this week, making Mark O'Hare and his wife billionaires. Now, he's passing some of the wealth to employees.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
The S&P 500's current multiple stands at 28.9. Except during the Great Financial Crisis when profits collapsed, that's the highest PE for any quarter since the tech bubble of the late 1990s and early 2000s.
The farm-equipment manufacturer will lay off about 600 employees across three US factories as it shifts production to a newly planned facility in Ramos, Mexico.
This week’s economic highlights include the June consumer price index, the first batch of second-quarter earnings, and Fed Chair Jerome Powell’s semiannual report to Congress.
The South Korean tech giant is benefiting from the AI boom which has lifted the prices of advanced chips.
We are in the early innings of a bull market despite several years of big gains, says one veteran market strategist.
According to data from Morningstar Direct, just 18.2% of actively managed funds whose primary prospectus benchmark is the S&P 500 are outperforming the index in the first half of this year.
With a cooling labor market narrative emerging, investor focus will shift back to inflation for signs that a September interest rate cut remains likely for the Federal Reserve.
Constellation Brands ( NYSE:STZ ) First Quarter 2025 Results Key Financial Results Revenue: US$2.66b (up 5.8% from 1Q...
(Bloomberg) -- Chinese electric vehicle maker BYD Co. will acquire a 20% stake in its Thai official distributor Rever Automotive Co. after opening its first manufacturing plant in the Southeast Asian market. Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by Huge RallyFrench Left Set for Shock Victory Over Macron and Le PenLe Pen Party Seeks Major French Election Win: What to WatchThe move is part of a join
Key Insights The projected fair value for Bioventix is UK£40.21 based on 2 Stage Free Cash Flow to Equity Current share...
There may no other areas to hide if the US market gets choppier into the presidential election.
(Bloomberg) -- Oil steadied after four weekly gains as traders tracked twin threats to production posed by a storm in the US and wildfires in Canada.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by Huge RallyFrench Left Set for Shock Victory Over Macron and Le PenLe Pen Party Seeks Major French Election Win: What to WatchBrent held above $86 a barrel after rising more than 8% in the run of gains from earl
EV hype on Wall Street is changing shape as companies use software to set themselves apart.
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
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