(Bloomberg) -- Oracle Corp. reported slowing quarterly sales growth in its cloud computing business, fueling investor fears that the software maker’s expansion efforts have yet to gain ground in the competitive market. The shares fell about 8% in extended...
(Bloomberg) -- Walgreens Boots Alliance Inc. had its senior unsecured credit rating cut to junk by Moody’s Investors Service, with the credit grader citing the drugstore chain’s high debt relative to earnings and risks associated with its push to...
Updated Dec 11, 2023, 4:35 pm EST / Original Dec 11, 2023, 10:42 am ESTOracle shares were heading sharply lower in late trading Monday after the enterprise software giant posted
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Micron Technology (MU) has a bright outlook for 2024 thanks to a recovering memory-chip market, a Wall Street analyst said in a report. Micron stock jumped on the news Monday. <span data-captions="" data-description="Semiconductor stocks like Nvidia...
By Abigail Summerville(Reuters) -An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy's private, after stiff competition from online rivals took a big bite out of its...
Health-insurance providers couldn’t agree on financial terms for deal that would have created $140 billion giantUpdated Dec. 10, 2023 4:47 pm ETCigna Group abandoned its pursuit of a tie-up with Humana after shareholders balked at a deal that would...
DoorDash (DASH), MongoDB (MDB) and Splunk (SPLK) will join the Nasdaq 100 index, with Zoom Video Communications (ZM), Enphase Energy (ENPH) and eBay (EBAY) among those exiting, the Nasdaq stock exchange announced Friday night. X...
It’s year-end and Tesla is in the midst of its final push to meet Wall Street expectations for a record quarter. It won’t be easy for the battery-electric vehicle leader to sell almost half a million cars amid higher...
Elon Musk was on a heater.From 2019 to 2022, it seemed as if every gamble that Musk took was paying off. Tesla was consistently profitable for the first time in its history and its stock soared as its massive...
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The Federal Reserve meeting looms as investors look for a shift toward rate cuts. X The stock...
