Walmart’s earnings amid signs of weaker discretionary spending could add fuel to a rally that has propelled its shares to record highs, or potentially spook investors looking to justify the heavyweight retailer’s pricey valuation.
Shares of GameStop jumped 40% in premarket trading on Monday after social media persona “Roaring Kitty,” whose online posts had sparked a trading frenzy in the videogame retailer in 2021, returned on X.com after three years.
China’s finance ministry said on Monday it would start the long-awaited sales of long-term special treasury bonds that Beijing hopes will help stimulate key sectors of a flagging economy this week.
Billionaire investor James Simons, the mathematician and Cold War code-breaker who founded one of the world’s most prominent and profitable hedge funds, Renaissance Technologies, has died at 86, his foundation said on Friday.
Workers at Apple’s store in Towson, Maryland, have voted in favor of authorizing a strike, the International Association of Machinists and Aerospace Workers (IAM) said in a statement late on Saturday.
Intel is in advanced talks for a deal with Apollo Global Management in which the latter would provide more than $11 billion to help build a chip factory in Ireland, the Wall Street Journal reported on Monday.
As television executives prepare lavish stage presentations in New York this week to dazzle advertisers during the annual TV upfront sales season, a harsh economic reality looms offstage — digital video advertising now eclipses spending on traditional television ads.
Tylenol maker Kenvue said on Monday that Johnson & Johnson will offload its entire 9.5% stake in the company, about a year after the healthcare conglomerate spun off and listed its consumer health business.
The trial of Sung Kook “Bill” Hwang kicks off with opening statements in Manhattan federal court on Monday on charges stemming from the 2021 collapse of his $36 billion fund Archegos Capital Management.
Workers at a Mercedes-Benz plant in Alabama began voting Monday on whether to join the United Auto Workers union, a significant test of whether the labor group can maintain momentum in the historically anti-union American South.
