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C3.ai’s Earnings Were Mixed and Guidance Missed Estimates. The Stock Is Sliding.

Updated Dec 06, 2023, 5:30 pm EST / Original Dec 06, 2023, 1:30 am ESTC3.ai shares were heading lower in late trading Wednesday, after the provider of enterprise generative artificial intelligence software posted mixed financial results for the...

Hot AI Stock C3.ai Falls As Fiscal Q2 Revenue Misses, Guidance Light

C3.ai (AI) on Thursday reported mixed results for its fiscal second quarter, including a weaker-than-expected revenue outlook.  AI stock fell more than 9% in after-hours trading. X C3.ai posted a smaller-than-expected adjusted...

GameStop Stock Falls After Sales Miss. It May Use Cash to Invest in Stocks.

Updated Dec 06, 2023, 5:11 pm EST / Original Dec 06, 2023, 4:16 pm ESTGameStop shares fell in after-hours trading Wednesday after the videogame retailer reported worse-than-expected fiscal third-quarter revenue.Continue reading this article with a Barron’s subscription.View Options

AbbVie to Buy Cerevel Therapeutics for $8.7 Billion

AbbVie will acquire neuroscience-drug maker Cerevel Therapeutics Holdings for $45 a share, giving the company an equity value of about $8.7 billion.The deal is AbbVie’s second major acquisition announced in the last two weeks, after the...

Chewy Stock Slumps on Soft Macroeconomic Outlook

Dec 06, 2023, 4:42 pm ESTChewy shares are heading lower in late trading Wednesday after the online pet products retailer provided disappointing guidance for the January quarter and reduced its full-year outlook, amid continued macroeconomic pressures on its business.Continue...

P&G Bought Gillette 18 Years Ago. It’s Still Paying the Price.

Procter & Gamble to book $1.3 billion accounting charge on shaving giant it acquired in 2005Updated Dec. 5, 2023 4:45 pm ETProcter & Gamble said it was booking a $1.3 billion charge on its Gillette business, adjusting the value...

MSFT Stock Back In Buy Range, Joins 22 Stocks To Watch

The artificial intelligence boom has propelled Microsoft (MSFT), cybersecurity leaders Palo Alto Networks (PANW) and Zscaler (ZS), and database firm MongoDB (MDB) onto this list of 22 top-rated stocks to watch. MSFT stock remains in buy range, as...

Used-Car Dealer Sinks Below Key Level As Subprime Auto Loans Worsen

America's Car-Mart (CRMT) delivered a sharp surprise loss Tuesday as it set aside more money for credit that could go bad. CRMT stock plunged below a key technical level. X Other new...

P&G Will Take Up to $2.5 Billion in Charges for Restructuring, Gillette Impairment

Key Takeaways Procter & Gamble Co. (P&G) will take up to $2.5 billion in charges for a restructuring along with an impairment related to its Gillette business.The consumer products company said the restructuring would...

Prepare for the S&P 500 to plunge 23% by mid-2024 – and the US economy to sink into recession, JPMorgan’s top charts guru says

JPMorgan's head of technical strategy sees the S&P 500 falling by 23% to 3,500 points by the middle of next year.Brendan McDermid/ReutersThe S&P 500 is likely to tumble 23% to 3,500 points by mid-2024, JPMorgan's charts guru says.Jason Hunter,...

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