Match Group stock rises following report of activist investor’s stake
Shares of Match Group climbed in post-market trading after the Wall Street Journal reported that activist investor Starboard Value has built a stake in the online-dating company and is pushing for a possible sale if a turnaround isn’t successful.
GM’s 2025 EV production capacity target in doubt after Barra comments
General Motors‘ goal of being capable of producing 1 million all-electric vehicles in North America by the end of 2025 in heavily in doubt, following comments Monday by CEO Mary Barra. The production capacity target for next year was one of the last EV targets the automaker hadn’t lowered or withdrawn as demand for EVs […]
Trump assassination attempt: Wall Street CEOs react
The leaders of Wall Street’s most powerful firms are speaking out to condemn the attempted assassination of former President Donald Trump at a Pennsylvania rally over the weekend. JPMorgan Chase CEO Jamie Dimon told employees Sunday that he and his management team were “deeply saddened by the political violence” and attempt on Trump’s life. The […]
Why Datadog’s newest bull says its stock is poised to rally
Datadog has the potential to expand into adjacent markets and benefit from the AI trend, according to an Evercore ISI analyst.
Macy’s ends buyout talks with Arkhouse and Brigade
The Macy’s logo is seen at the Macy’s store in Herald Square in New York City on Jan. 19, 2024. Michael M. Santiago | Getty Images News | Getty Images Department store Macy’s said Monday its board has unanimously decided to end negotiations with the activist group that had been looking to take the retailer […]
Goldman Sachs profit more than doubles on big jump in dealmaking
Bank OK’s 9% boost to quarterly dividend to $3.00 per common share starting in the third quarter of this year.
Families will spend as much on back-to-school shopping this year as they do on holiday shopping. ‘That hurts.’
Ten percent of shoppers said they’ll likely go into debt to pay for school supplies this year.
Goldman Sachs (GS) earnings 2Q 2024
David Solomon, Goldman Sachs interview with David Faber, September 7, 2023. CNBC Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Monday. Here’s what Wall Street expects: Earnings: $8.34 per share, according to LSEG Revenue: $12.46 billion, according to LSEG Trading Revenue: Fixed Income of $2.96 billion, Equities of $3.17 billion, per […]
Dow futures edge higher after Trump assassination attempt
U.S. stock-index futures saw a modest rise Sunday night, as financial markets reacted to an apparent assassination attempt on former President Donald Trump a day earlier at campaign rally.
‘Our wills are an open book’: We have a net worth in the millions and promised our three children a free education. Some of our kids are now crying foul.
“We are now 70, have a few health issues and do not want to be a financial burden to our children as we age.”
