Tag: business news
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PG&E CEO calls on California to pass wildfire reform after the shelved effort crushed the stock
PG&E CEO Patti Poppe said she’s hopeful California lawmakers can revive wildfire liability reform after a failed proposal sent the utility’s shares tumbling.
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Jim Cramer says investors aren’t ditching tech — they just want cheaper stocks
CNBC’s Jim Cramer said investors aren’t abandoning AI or technology stocks — they’re rotating out of high-multiple names and into cheaper stocks.
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NBA suspends Clippers owner Ballmer for one year in Kawhi Leonard salary cap probe
The NBA also fined the Los Angeles Clippers $30 million and said the team will forfeit five first-round picks, one in each year in drafts starting in 2029.
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Snowflake spikes 22% on healthy results and AI coding momentum
Snowflake business is growing quickly, in part thanks to adoption of an artificial intelligence agent for writing code.
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The Los Angeles Angels are being sold for a record $4 billion. Here’s what every MLB team is now worth
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu Stan Kroenke has agreed to buy the Los Angeles Angels in a deal that values the team and its regional
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Yields surged to kick off September. BlackRock spots solid income in this corner of the market
Today’s higher yields offer a solid starting point for returns in fixed income, but investors will need to be picky about where they take credit risk.
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New Jersey asks the Supreme Court to take on prediction markets
The petition comes after a key ruling from the 9th U.S. Circuit Court of Appeals on sports-event contracts.
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Charts show Spotify shares could soon break out, Frank Cappelleri says
The founder of CappThesis breaks down what’s going on with the audio streaming giant.
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Stocks are getting a boost as yields stabilize. Why that may be short-lived
Analysts aren’t sure that the market has fully priced in the implications of higher yields, nor that the sell-off in bonds is over just yet.
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A breast implant maker’s stock could climb as GLP-1 market booms, TD Securities says
Establishment Labs is poised to get a boost from widening GLP-1 use as it is set to expand its breast implant business in the U.S., per TD Securities.
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