China's fast-fashion retailer Shein files for US IPO - sourcesGoldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the offering, and Shein could go public sometime i...
Apple’s iPhone reveals are often a dip buyer’s dreamOver the past five years, September has been the worst month of the year for Apple, with the shares averaging a decline of 4.5%, compared w...
Elon Musk says he has found new Twitter CEO, set to take on CTO roleElon Musk has hired a new CEO for Twitter, according to a tweet he sent on Thursday. However, he did not reveal the person’s identity. The ...
Tech rally haunted by ‘palpable fear’ of chip industry weaknessInvestors are concerned slowing orders that are already plaguing makers of memory chips and other components used in personal computers cou...
PayPal shares jump on Elliott's $2 bln stake, annual profit guidance raisePayPal, which was among companies that won big during the pandemic, saw shares wipe out over 70% of their market value in a year as e-comme...
High fuel prices hurt - but not equally for Walmart and TargetWalmart stores are concentrated in states where gas and diesel prices are below the national average, like Texas and Florida, while Target ...
Elon Musk sells nearly $7 billion worth of Tesla shares this weekThe billionaire sold 1.2 million shares held by his trust for more than $1.2 billion on Friday, the latest in a flurry of his stock transac...
Corporate buybacks gain steam with banks poised to boost buyingBanks are joining the party after buybacks rose sharply in the first three months of the year, capping several quarters of gains following ...