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Westinghouse Electric Co., a provider of reactor technology to nuclear power plants, is seeking a valuation of more than $50 billion in its US initial public offering, according to people familiar with the matter.
It’s out of one of Wall Street’s most elite indexes, but its newest sponsorship win says the comeback story isn’t over yet.
The Dow is down 2% this week. The Nasdaq is up. One of the indexes is reading the Fed policy wrong.
Drug companies had incentives to participate in the deals to stave off the threat of U.S. tariffs on their products.
The AI developer is reportedly gearing up for an initial public offering this fall at a valuation near $2 trillion.
The stock market aced two big tests this week. Things got weird when CNBC’s Steve Liesman asked Warsh where the federal-funds rate is relative to the so-called neutral rate—the policy rate that is neither accommodative nor restrictive.
By David Shepardson WASHINGTON, Sept 18 (Reuters) - Major automakers, suppliers and dealers on Friday urged President Donald Trump to keep Chinese automakers out of the US market, ahead of his meeting
Steel Dynamics expects stronger third-quarter steel profitability, driven by record shipments and wider metal margins, while metals recycling earnings are projected to decline sequentially.
Find insight on Carnival, Canadian auto suppliers and more in the latest Market Talks covering Auto and Transport.
The warehouse club operator should wrap up a big year with a special surprise.
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.
Attorney General James Uthmeier alleged that the coffee chain excluded or disfavored nonminorities in a lawsuit that mirrored recent federal enforcement activity.
By Amanda Cooper and Chibuike Oguh NEW YORK/LONDON, Sept 18 (Reuters) - Equities around the world fell while Treasury yields rose on Friday, as markets approached the end of a turbulent week marked by
If you want to know what's going on in the stock market any given day, the answer of late has overwhelmingly been: the bond market. The Nasdaq Composite was down 0.1%. All three major indexes were faring far better until bond yields and oil prices took a chunk out of stocks.
Nike Inc. (NYSE:NKE, XETRA:NKE) faces weaker earnings expectations as UBS cut its price target by 13% to $42, citing deteriorating global sales trends ahead of its first-quarter report. UBS expects first-quarter earnings for financial year 2027 to miss consensus by $0.05 per share, with...
Howard Buffett, the eldest son of legendary investor Warren, is already well-versed in corporate governance as he takes over for his father as chairman of Berkshire Hathaway Inc.
Micron (MU) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Darden stock has held up better than other restaurant stocks as the Olive Garden parent gets ready to report quarterly results.
AMD shares rose more than 6% and Intel surged nearly 8% on Thursday, Sept. 18, after the Fed's rate decision, as investors rotated back into AI-chip stocks beyond NVIDIA.
Salesforce’s new AI layer could change how millions of workers access company data, and Benioff made sure Microsoft heard about it.
Solana treasury strategy generated $17.4M in staking revenue despite market headwinds.
Netflix stock tanked on Friday after a Wall Street analyst downgraded the streaming video giant to the equivalent of a sell rating.
Steelmakers Nucor and Steel Dynamics gave guidance below Wall Street expectations, even though both companies said demand and pricing remain firm.
The most exciting upcoming IPOs include AI powerhouse Anthropic and data center infrastructure provider SB Energy.
Wall Street Wobbles as Treasury Yields Spike Following Fed Move
PNC Asset Management Group CIO Amanda Agati and Yahoo Finance Senior Business Reporter Ines Ferré join Yahoo Finance Executive Editor Brian Sozzi to talk about diesel prices at an all-time high and gasoline prices nearing its high from May and whether it could start affecting the bottom line of companies.
The 20th-century advance in American pharmaceutical science was driven by a cohort of devoted researchers working with ambitious drug companies.
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