ECONOMYU.S. Consumer Confidence Falls To Its Lowest Level Since 2014
U.S. consumer confidence fell sharply in September to its weakest level since 2014, adding another warning sign for an economy confronting higher energy costs, stubborn inflation…
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ECONOMY
STOCK MARKETOura Shelves Its IPO Despite Strong Demand, Sending A Warning About The IPO Market
Oura has postponed its planned Nasdaq debut, pulling a potentially $2.2 billion initial public offering from the market just days after setting a $40-to-$44-per-share price range.…
STOCK MARKETNavitas Semiconductor Pops After Landing A U.S. Army Power-Chip Project
Navitas Semiconductor has been selected for a U.S. Army program to develop ultra-high-voltage silicon carbide power devices, giving the power-chip company a new defense-backed opportunity as…
STOCK MARKETConcentrix Drops Nearly 9% After Hours As AI Transition Hits The Numbers
Concentrix shares fell sharply in extended trading Tuesday after the customer-experience services company cut its revenue outlook, showing how its accelerating adoption of artificial intelligence is…
STOCK MARKETCarnival Stock Jumps 13% As Record Revenue And 2027 Bookings Outweigh Fuel Pressure
Carnival shares surged about 13% Tuesday after the cruise operator delivered record third-quarter revenue, beat earnings expectations and showed that demand for 2027 sailings remains strong…
STOCK MARKETIovance Raises 2026 Revenue Guidance As Amtagvi Demand Accelerates
Iovance Biotherapeutics sharply raised its 2026 revenue outlook Tuesday as demand for its Amtagvi cell therapy and the accompanying Proleukin treatment continued to build, giving investors…
STOCK MARKETFICO Stock Crashes 27% As Its Mortgage-Scoring Monopoly Starts To Break
Fair Isaac shares suffered their sharpest one-day decline in decades Tuesday as investors confronted a more immediate threat to FICO’s lucrative position in mortgage credit scoring.…
ECONOMYShein’s European Sales Drop 14% As New Trade Rules Change The Economics Of Cheap Online Shopping
Shein’s first earnings report as a publicly traded company showed a return to quarterly profit, but the stronger signal for investors came from its largest markets:…
ECONOMYBritain Wants To Become A Manufacturing Economy Again — Here’s What It’s Up Against
Britain is putting defence procurement, advanced manufacturing and lower industrial energy costs at the center of an attempt to rebuild domestic production after decades in which…
ECONOMYIndia’s Industrial Economy Is Accelerating Faster Than Economists Expected
India’s industrial economy strengthened more than expected in August, with factory production, electricity generation and investment-linked goods driving the fastest expansion of the current fiscal year.…
ECONOMYChina’s Industrial Profit Growth Slows Sharply As Weak Demand Catches Up With Factories
China’s industrial profits lost momentum in August, adding to evidence that a powerful earnings surge in technology manufacturing has yet to translate into a broad recovery…
STOCK MARKETBlackLine Falls As Wall Street Warns AI Could Disrupt Its Core Software Business
BlackLine shares came under pressure Monday after D.A. Davidson downgraded the financial software company to Underperform from Neutral and cut its price target to $23 from…
STOCK MARKETRoblox Stock Falls As Wall Street Says Its 30% Comeback Is “Overly Optimistic”
Roblox shares fell sharply Monday after Jefferies downgraded the gaming platform to Underperform from Hold, arguing that the stock’s rebound since second-quarter earnings is pricing in…
STOCK MARKETNubank Stock Falls As $13 Billion Monzo Takeover Talks Raise Dilution Concerns
Shares of Nu Holdings fell sharply Monday as investors weighed reports that the parent of Nubank is in early-stage talks about acquiring British digital bank Monzo,…
STOCK MARKETMongoDB Stock Crashes 20% After CEO Abruptly Leaves For Meta
MongoDB shares fell more than 20% in Monday morning trading after President and CEO Chirantan “CJ” Desai stepped down effective immediately to take a senior role…