Booking’s stock soared into record territory Friday, after the travel-booking site calmed investor fears by reporting a big earnings beat.
The Ratings Game: GoPro’s stock falls as strategic shift will require longer payoff period
GoPro offered a downbeat outlook for its current quarter, and its shares are selling off Friday.
Economic Report: A fading jobs market? Fewer businesses are hiring
The U.S. added 187,000 new jobs in July, but only healthcare, leisure and hospitality and government industries saw major changes.
: Icahn Enterprises’ stock slides 30% after company halves quarterly distribution to $1 per unit
Icahn’s investing arm is on track for its biggest one-day percentage decline since it went public 36 years ago.
The Ratings Game: PayPal’s stock extends declines as one bull jumps ship
PayPal is showing momentum with efforts to modernize its platform, but the company faces too many challenges for Evercore to feel confident about its stock.
The Human Cost: Threatened with razor blades? ConEd and IRS workers say knocking on doors has become increasingly treacherous.
The IRS recently said its employees would stop making most surprise home visits.
Economic Report: U.S. adds 187,000 jobs in July and points to hiring slowdown. Wages still high
The U.S. added a more modest 187,000 new jobs in July, perhaps a sign the economy is cooling enough to drive inflation even lower and even stave off further increases in interest rates.
The Ratings Game: Apple’s slowdown era rages on, and the iPhone may not be enough to power its stock
With Apple still in its no-growth era, some analysts urge caution, while others see a bright long-term picture.
Metals Stocks: Gold prices settle higher, snapping 3-day drop after July U.S. jobs report shows labor market continues its cooldown
The most-active gold futures contract settled higher on Friday, snapping its three-day losing streak after the July jobs report shows the U.S. economy gained just 187,000 jobs last month, slightly below the Dow Jones estimate of 200,000 and pointing to a still-solid hiring in the labor market.
The Ratings Game: DraftKings ‘hits it out of the park’ with strong Q2 results, is primed for growth, analysts say
DraftKings has cemented its place as a front-runner in the digital sports entertainment and gaming industry, says analyst firm Benchmark.
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