Latest News
Boeing's 737 MAX Production Timeline Extends to 2027, Shares Dip
Boeing shares declined 1.3% after the company outlined a slower ramp-up for 737 MAX production, targeting 47 jets monthly by 2027. The planemaker still topped Airbus in January deliveries and orders.
Alphabet Shares Decline Amid Regulatory Scrutiny and AI Investment Concerns
Alphabet's Class C shares fell over 2% as the EU approved its Wiz acquisition but faced new antitrust complaints, while a $20 billion bond sale highlighted AI spending pressures.
Dollar General Gains on Raised Price Target Amid Economic Data Focus
Dollar General shares advanced after Gordon Haskett increased its price target to $180, while investors monitor inflation data and upcoming earnings.
Microsoft Shares Slide 2.3% Amid Tech Sector Downgrade, AI Spending Concerns
Microsoft stock reversed early gains to fall over 2% after UBS downgraded the U.S. tech sector, citing software demand uncertainty and heavy AI capital expenditures. Traders are eyeing upcoming inflation data for interest rate signals.
Brookfield Shares Dip Ahead of Q4 Report as Rate Outlook Shifts
Brookfield Corporation shares fell nearly 2% Wednesday, pressured by a sector-wide decline after strong jobs data pushed back expectations for Federal Reserve rate cuts. The company reports fourth-quarter results Thursday.
JBS Shares Edge Lower Amid $150M Oman Halal Venture, March Earnings in Focus
JBS N.V. shares dipped slightly after announcing a $150 million investment for an 80% stake in an Oman joint venture targeting halal food exports. Investors now await the company's annual results, scheduled for March 25.
Disney Shares Slide on Streaming Bundle and Bond Offering News
Disney stock fell 1.2% as the company announced a Disney+ bundle with Sky in the UK and Ireland and launched a $4 billion bond sale.
PepsiCo Shares Gain on Price Cuts and Celsius Board Moves Amid Market Rally
PepsiCo stock rose 1.3% as the company announced U.S. snack price reductions and placed executives on Celsius Holdings' board. Broader equities advanced following a strong jobs report.
JPMorgan Shares Retreat as Robust Jobs Data Dampens Fed Rate Cut Expectations
JPMorgan Chase stock reversed early gains, closing 0.5% lower after a strong U.S. employment report reduced bets on imminent Federal Reserve rate cuts. Attention now pivots to Friday's inflation data.
FedEx Gains on $2.6B Consortium Bid for European Locker Network InPost
FedEx shares advanced 0.8% as the company disclosed a $2.6 billion stake in a group offer to acquire European parcel locker operator InPost. The deal requires 80% shareholder approval and regulatory clearance.
Berkshire Hathaway Shares Steady Near $500 as UBS Highlights Defensive Stance, Buyback Doubts
Berkshire Hathaway's Class B shares traded around $500 as UBS emphasized its defensive appeal but noted limited buyback potential. Investors await capital deployment signals from new CEO Greg Abel.
Kroger Appoints Walmart Veteran Greg Foran as CEO, Shares Gain Slightly
Kroger has named former Walmart executive Greg Foran as its new chief executive, with a compensation package including a $1.5 million base salary and up to $12 million in annual stock awards. Shares rose 0.4% following the announcement.