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Investing.com6d agoneutral
DOJ weighs joining state antitrust suit against BlackRock and State Street -report

Investing.com -- The U.S. Department of Justice is actively weighing whether to intervene in a high-stakes state antitrust lawsuit against asset management giants BlackRock Inc (NYSE:BLK) and State Street Corp (NYSE:STT), Bloomberg reported, citing people familiar with the matter. Senior antitrust officials have held discussions in recent weeks with involved state attorneys general and company representatives, though federal officials have yet to reach a final determination on joining the litiga

Zscaler Went From 100x Earnings to 40x. Here’s What Changed.
TIKR6d agoneutral
Zscaler Went From 100x Earnings to 40x. Here’s What Changed.

Key TakeawaysZscaler’s net new ARR growth (excluding Red Canary) accelerated to 17% year over year in the fiscal fourth quarter, the fastest pace in years, yet FY27 guidance points to that growth cooling back down toward the high teens or lower. Deferred revenue, an independent forward indicator of billings, has decelerated every year since FY22, falling from 62% growth to just 18.

Watsco (WSO): Buy, Sell, or Hold Post Q2 Earnings?
StockStory6d agoneutral
Watsco (WSO): Buy, Sell, or Hold Post Q2 Earnings?

Over the last six months, Watsco’s shares have sunk to $305.50, producing a disappointing 19.2% loss - a stark contrast to the S&P 500’s 14% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

Major US airlines oppose Air China bid to schedule additional US flights
Reuters6d agoneutral
Major US airlines oppose Air China bid to schedule additional US flights

WASHINGTON, Sept 18 (Reuters) - A group representing major US airlines said on Friday it opposes Air China's bid to schedule ‌additional flights from Beijing to New York and Washington as part of ‌President Xi Jinping's planned meeting with President Donald Trump. Airlines for America, which represents American Airlines, Delta ​Air Lines, United Airlines and others, opposed the request because US airlines are effectively banned from flying from the US east coast to China because they cannot acc

The Highest-Returning Stock of the Last 45 Years Is Home Depot
The Wall Street Journal6d agoneutral
The Highest-Returning Stock of the Last 45 Years Is Home Depot

Forty-five years ago next week, a tiny four-store hardware chain in Atlanta completed a very unlikely IPO. It was possible only because a well-connected investment banker, Ken Langone, happened to be a nonexecutive co-founder and a member of the company’s board of directors. Langone had such faith in the young company’s prospects that he called in some favors on Wall Street, and Bear Stearns reluctantly agreed to take on the piddly $6 million planned offering.

What's Moving Markets Today?
The Wall Street Journal6d agoneutral
What's Moving Markets Today?

Major indexes edged lower as the yield on the 10-year Treasury note pushed past 5%. Markets have had a lot to digest this week: a quarter-point interest-rate hike, fluctuating fuel prices and big tech's P(doom)--aka the probability that AI results in a existentially catastrophic outcome, according to the Silicon Valley ecosystem.

Trump takes aim at Warsh after Fed hike
Yahoo Finance Video6d agoneutralVIDEO
Trump takes aim at Warsh after Fed hike

Scott Melker discusses Trump taking aim at Fed Chair Warsh for rate hikes, and what investors need to know about the US Securities and Exchange Commission's (SEC's) decision to bring tokenized stocks to the market. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.