Acelyrin plans to increase its initial public offering to 26.5 million shares of its common stock.
IPO Report: Johnson & Johnson’s Kenvue IPO to command valuation of more than $40 billion in biggest public debut since 2021
A unit of Johnson & Johnson is headed for the biggest initial public offering in more than a year after its shares priced near the top of the range.
The Fed: 4 things we learned from Powell’s press conference after latest Fed rate hike
Here’s a look at key things we learned from Fed Chair Jerome Powell’s press conference on Wednesday.
: Mullen Automotive shares plunge on reverse stock split announcement
Mullen’s stock has been attracting meme-like attention.
: PacWest stock plummets after report of potential sale; other bank stocks fall too
PacWest Bancorp shares tumbled more than 50% in after-hours trading Wednesday, after a report that the company’s executives are weighing a possible sale.
Key Words: ‘Deposits are going to keep drifting out,’ says DoubleLine’s Gundlach, warning of echoes of S&L crisis at banks
‘I’m really turning more bearish,’ Jeffrey Gundlach, CEO of DoubleLine, tells CNBC on Wednesday, after the Federal Reserve’s rate hike, while warning of more stress in the banking system.
: McDonald’s calls report of 10-year-olds working at one of its restaurants ‘deeply troubling’
A Department of Labor investigation reveals over 300 children were working at McDonald’s restaurants illegally, including two 10-year-olds in Louisville, Ky.
: Hindenburg’s short-seller report highlights Carl Icahn’s margin loan, as stock tumbles a second day
Hindenburg Research’s short-selling report highlighted a margin loan Icahn had taken out, pledged against his personal share holdings in Icahn Enterprises.
Commodities Corner: Silver hit a 1-year high. Here’s why it can keep climbing.
Silver prices last month climbed to their highest in a year, with room to move higher as the global market for the metal this year looks to post its second largest supply deficit in 20 years.
Earnings Results: Qualcomm stock sinks as weak smartphone demand pushes inventory drawdown out to ‘at least the next couple quarters’
Qualcomm Inc. shares decline in the extended session Wednesday after the chip maker’s outlook fell short of Wall Street estimates.
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