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The Dow Jones will eclipse 100,000 on a 'turbo booster' combo of earnings growth and Fed rate cuts, Wall Street CIO says
"Stock prices love strong earnings and lower interest rates," Main Street Research CIO James Demmer…
Matthew Fox
Elon Musk tells X staff to write a one-page summary of their achievements to get stock options, report says
In an email to staff reported by The Verge, Elon Musk told staff to submit a summary of their contr…
Tom Carter
Warren Buffett likes Uber's strong brand and value to customers, his deputy told a leading tech investor
Warren Buffett and his team seem to like the fact that "Uber" has become a verb like "Google," and …
Theron Mohamed
Mark Cuban passed on Uber when it was worth $10 million or less. He missed out on billions of dollars in profits.
The tech billionaire and "Shark Tank" star tried to negotiate an even cheaper valuation for a compa…
Theron Mohamed
Uber reported its first quarterly profit ever this week. Here's a look at how it got there.
Uber has grown its quarterly revenues from under $3 billion in 2018 to over $9 billion last quarter…
Theron Mohamed
Here's why stocks have tanked in August and what Wall Street expects to happen next
The S&P 500 has given up about a quarter of its 2023 gains this month. Rising bond yields, China's …
Phil Rosen
Uber shares drop sharply in premarket trade after it misses on earnings-per-share, but bookings jump by a fifth
Uber's share price fell as much as 8% pre-market after announcing its first-quarter earnings.
Pete Syme
US stocks extend sell-off as bond yields jump following Fitch downgrade of US credit rating
Investors are waiting for financials from Apple and Amazon, which are set to report earnings after …
Jennifer Sor
Investors and execs eye Trump's potential return to the White House
Former President Donald Trump dominated the South Carolina GOP primary. Here's what a Trump win in …
Dan DeFrancesco
Retail investors are chasing the rally in the stock market. Here's exactly what they're buying.
"The monthly net inflows into US equities are now averaging $1.4 billion per day, close to the all-…
Matthew Fox
Nvidia is too 'frothy' and its price will fall from unsustainable heights, analyst says
Nvidia has a P/E ratio of 97, which dwarfs all of its trillion-dollar peers. And fellow chipmakers …
Aruni Soni
Mega-cap tech stocks have gotten so big that the Nasdaq 100 is about to undergo a 'special rebalance' to address overconcentration
There are seven potential winners of the Nasdaq 100 shake up, including Starbucks, Gilead Sciences,…
Matthew Fox
Amazon and Uber are set to benefit from more workers coming onboard as enhanced unemployment programs expire, says Bank of America
Uber should be adding even more drivers as extra federal pay for gig workers expires.
Carla Mozée
How the stars aligned for Wingstop stock to gain 380% in 5 years
Wingstop has been able to excel in the unique category the fast food chicken wing chain has carved …
Lloyd Lee
Uber climbs as the ride-hailing service forecasts adjusted profit for the 3rd quarter
Uber also increased the top end of its gross bookings outlook for the third quarter to $22.8 billio…
Carla Mozée
Uber's investment in Didi could help unlock 40% upside potential in the US ride hailing giant's stock, Bank of America says
"Based on 1.9 billion shares outstanding for Uber, we estimate that translates to an incremental ~$…
Matthew Fox
Uber slides 4% on report SoftBank will shed a third of its stake in the ride-hailing app
China's recent crackdown on ride-hailing app Didi has reportedly cost SoftBank, its largest shareho…
Shalini Nagarajan
The bull market in stocks won't last long - and there's a 99% chance of a US recession, top economist David Rosenberg says
There's a big disconnect between the stock-market boom and unemployment claims hitting their highes…
Theron Mohamed
Why older Americans are ditching retirement to drive for Uber and Lyft
Millions of retired Americans are going back to work in gig economy jobs, like driving for Uber, t…
Jacob Zinkula,Noah Sheidlower
Sensex, Nifty50 may see a muted opening tracking global peers: Adani Ports, Adani Power, Tata Power among stocks in focus
India’s benchmark indices Sensex and Nifty50 are likely to see a muted opening on Tuesday amid chop…