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2 mins read
Salesforce falls 11% after confirming $27.7 billion Slack acquisition and forecasting slower growth
The Slack deal's price tag reflects a 55% premium to where shares traded before news of the acquisi…
Ben Winck
2 mins read
Wirecard stock will plummet to one euro as accounting scandal scares away clients, Bank of America says
A clear look at Wirecard's true value "is unlikely to arise for some time" as clients likely flee f…
Ben Winck
4 mins read
Wall Street's top-ranked stock picker reveals the 'a-ha moment' that shaped the rest of his wildly successful investment career
"If you accept that the market is a complex adaptive system, by definition you'll have an evolution…
Joe Ciolli
3 mins read
Boeing CEO vows that the fixed 737 Max will be 'one of the safest airplanes ever to fly' after the jet suffered two fatal crashes in five months
"I can tell you with confidence we understand our airplane. We understand how the design was accomp…
Benjamin Zhang
2 mins read
Zoom slides 14% as slowing sales-growth forecasts make investors question the stock's 200% post-COVID rally
Zoom is among the best performing stay-at-home stocks, but moderating revenue growth and COVID-19 v…
Ben Winck
2 mins read
Warren Buffett's $90 billion Apple stake represents a ridiculous 20% of Berkshire Hathaway's market value
The famed investor's 245 million shares in the tech titan are worth more than a fifth of his entire…
Theron Mohamed
2 mins read
Fastly surpasses Zoom as the best-performing work-from-home stock
The cloud-computing company closed Monday up 222% from the market's February 19 high, while Zoom ha…
Ben Winck
4 mins read
Wall Street's best stock picker shares his secret weapon for unlocking massive investment opportunities
It was 2004, and the recruit's name was Stan DeLaney, who'd just finished up his MBA at Stanford. L…
Joe Ciolli
4 mins read
Personality tests and reading networks - An inside look at how Wall Street's best stock picker fine-tunes his team to perfection
It's an intriguing - not to mention modest - response to a question that should give him every reas…
Joe Ciolli
4 mins read
The market's top-performing stock picker shares his advice for one day conquering Wall Street
"Then you have someone like Marc Andreessen, who makes small bets and speculates on things that cou…
Joe Ciolli
3 mins read
Global stocks edge lower despite the UK's approval of Pfizer and BioNTech's COVID-19 vaccine
Approval of a highly effective vaccine might ultimately mark the beginning of a new bull market for…
Shalini Nagarajan
2 mins read
'In a COVID era everything unfolds at warp speed': Yale economist Roach warns the dollar could dive 35% against rival currencies
Roach said in an interview with MarketWatch: "I do think it's something that happens sooner rather …
Saloni Sardana
2 mins read
‘Elizabeth Warren is right’: Activist investor Jeff Ubben quits his $16 billion hedge fund to launch an ESG firm, citing companies that ‘aren’t working for society or nature’
The activist investor hopes to use his new fund to "prove that there's a return" in impact investin…
Ben Winck
5 mins read
Wall Street's top fund manager reveals the last 2 stocks he fell in love with - and breaks down why he expects them to soar
We believe investors had viewed the company as having strong prospects, but limited to pharmaceutic…
Joe Ciolli
2 mins read
Global stocks plunge as investors weigh report on US considering new tariffs on the EU and UK
Washington's new threat is "not the kind of thing investors want to hear as they fret over the thre…
Shalini Nagarajan
3 mins read
A new GOP bill would give each taxpayer $4,000 to take a vacation anywhere in the US through the end of 2021
The legislation would try to jolt more economic activity by encouraging domestic travel. But expert…
Joseph Zeballos-Roig
3 mins read
US stocks edge towards new records after jobless claims fall more than expected
New claims for unemployment insurance totaled an unadjusted 712,000 for the week that ended Saturda…
Ben Winck
3 mins read
Trump reportedly supports sending another wave of $1,200 stimulus checks because he believes it will help him win reelection
The White House has been divided on whether another round of direct payments should be included in …
Joseph Zeballos-Roig
4 mins read
Nasdaq closes at record high as Congress inches toward stimulus deal
Lawmakers warmed up to the $908 billion proposal Democratic leaders embraced on Wednesday, placing …
Ben Winck
4 mins read
Trump has been largely silent on stimulus since losing the election to Joe Biden. Here's why his influence may be limited among Senate Republicans as relief talks progress.
Trump's ability to shape another economic aid package may be limited with Biden assuming office in …