NXP Semiconductors NV shares rose in the extended session Monday after the chip maker — which gets more than half its sales from auto makers — topped Wall Street estimates for the past quarter, and in its outlook for the current one.
Personal Finance Daily: This JPMorgan investment strategist’s side hustle is a profitable plantain business and the global labor market will lose 14 million jobs over the next five years
Monday’s top personal finance stories.
Market Extra: Regional bank ETF hits record ‘relative’ low after First Republic’s failure, but momentum is shifting to the bulls
Regional bank stocks took a broad beating Monday and continued to underperform the broader stock market by their widest margin in history.
: AMC CEO slams Robinhood over alert wrongly claiming theater chain had filed for bankruptcy
AMC Entertainment Holdings Chairman and CEO Adam Aron lashed out at Robinhood Markets in a Monday tweet after the company briefly ran a banner wrongly declaring that the movie-theater chain had filed for bankruptcy.
: Taser maker Axon to take First Republic Bank’s spot in the S&P 500
First Republic Bank’s spot in the S&P 500 Index will be replaced by Axon Enterprise Inc., S&P Dow Jones Indices said on Monday.
: U.S. could default on debt as soon as June 1 if Congress doesn’t increase borrowing limit, says Treasury Secretary Yellen
Treasury Secretary Yellen warns that the U.S. could breach its debt ceiling as soon as June 1 if Congress doesn’t raise the nation’s borrowing limit.
Key Words: Tech companies ramping up AI efforts while cutting ethics teams ‘might not be a good look,’ feds warn
The Federal Trade Commission is continuing its crusade against deceptive uses of artificial intelligence.
The Margin: Why NBA’s Phoenix Suns are leaving millions on the table to show its games for free next season
‘We’re not focusing on money. We’re focusing on winning, success and taking care of fans,’ says team owner Mat Ishbia.
Earnings Outlook: AMD faces doubts after Intel earnings: Is the bar set too high?
Advanced Micro Devices Inc. won’t have the dismally low expectations that Intel Corp. had to clear last week when it reports its results.
Earnings Results: Arista Networks stock falls as ‘cloud titan’ demand from Microsoft, Meta expected to moderate
Arista Networks shares slipped in the extended session Monday after the cloud-networking software company’s quarterly results.
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