Tag: Breaking News: Business
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Here’s what to expect when Netflix reports earnings after the bell
Investors will be looking for updates on Netflix’s ad-supported business, engagement metrics and how the streaming giant continues to consider potential M&A.
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Short sellers load up against SpaceX as stock retreats back to IPO price
About 185 million SpaceX shares are now sold short, representing roughly 29% of the company’s publicly tradable float, according to S3.
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U.S. grocery slowdown deepens as shoppers buy fewer items, raising pressure on food companies
New data show the U.S. grocery slowdown is deepening as shoppers buy fewer items, forcing grocers and brands to compete harder on price and value.
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UnitedHealth blows past estimates, hikes earnings outlook as it reins in costs
The healthcare giant is working to stabilize margins by shrinking membership, exiting unprofitable contracts and pouring $1.5 billion into AI.
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United earnings top estimates but airline expects $6 billion in added fuel costs
United reported higher revenue for premium, corporate and no-frills basic economy tickets and higher revenue for both domestic and international trips.
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SpaceX stock sinks below $135 IPO price for the first time
SpaceX shares fell for a fourth-straight session on Wednesday days after entering the Nasdaq-100
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Goldman Sachs’ Ruemmler to face House questioning on Jeffrey Epstein
Kathryn Ruemmler said earlier this year she would leave Goldman Sachs at the end of June after fallout over her emails with Jeffrey Epstein.
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Star analyst Dan Ives forms Yorkville Ives merchant bank after leaving Wedbush
The new firm, Yorkville Ives & Co., will combine investment banking, equity research, institutional trading and principal investing.
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Warren Buffett calls Bill Gates’ actions with Epstein ‘distasteful,’ but people make mistakes
The Berkshire Hathaway chairman left out the Gates Foundation from his annual charitable stock gifts for the first time in 20 years.
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Mortgage rates rise to highest level in nearly a year, causing homebuyers to pause
Mortgage rates moved higher last week, causing buyers to pull back, but refinancing did see small gains.
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