It was the early hours before MicroStrategys IPO in 1998, but founder Michael Saylor wasnt assuaging big investors or running through projections, or even putting champagne on ice. Ensconced in a $10… [+26665 chars]
Advanced Micro Devices (AMD) shares retreated on Wednesday following the company's mixed second-quarter earnings report. AMD stock dropped in response to the company's soft sales guidance for the cur… [+2199 chars]
Mortgage applications inched up last week for the first time since June 24. Total mortgage demand increased 1.2% as the average 30-year fixed mortgage rate made the largest weekly drop since 2020. A… [+1850 chars]
Ben & Jerry's independent board said parent company Unilever, with which it is locked in a dispute over the sale of its Israeli business, had frozen its directors' salaries in July as a pressure … [+1881 chars]
After a tough few months in the markets for Ping Identity, the enterprise identity management company today announced a big move: private equity firm Thoma Bravo is buying the company and taking it p… [+4452 chars]
Photo by Andrew Hawkins / The Verge Luxury electric vehicle maker Lucid Motors is slashing its production forecast for 2022 for the second time this year. The Newark, California-based company announ… [+2131 chars]
Alright, so heres the thing: Genesis is pretty much the most interesting car company operating right now. Its one of the few companies thats going its own way with exterior and interior styling, and … [+1717 chars]
Yum Brands on Wednesday reported mixed quarterly results as Covid lockdowns in China weighed on KFC's and Pizza Hut's sales. Taco Bell, however, reported stronger same-store sales growth in the U.S.… [+3552 chars]
The federal government is doling out $5 billion to states to build a nationwide network of highway charging stations intended to get more people to buy electric vehicles. Why it matters: The taxpaye… [+3571 chars]
Here are 3 big reasons why a 2022 recession would be like no other No two recessions are alike. But the potential recession in 2022 is looking like the most unique one weve ever seen. Some traditio… [+3731 chars]
NEW YORK, Aug 3 (Reuters) - U.S. stocks jumped to a sharply higher close and Treasury yields touched two-week highs on Wednesday as robust economic data, upbeat corporate guidance and easing geopolit… [+4115 chars]
U.S. gas prices have fallen for seven straight weeks and are approaching an average price of $4 a gallon, easing the pain of record-high fuel costs amid shrinking global demand for oil.The average … [+279 chars]
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