Gold futures end with a modest gain on Thursday, but mark a fourth finish in five sessions below $2,000 an ounce, after a reading on first-quarter U.S. GDP came in lower than expected.
: EA’s stock catches downgrade as blocked Microsoft deal for Activision eliminates ‘takeout premium’
U.K.’s block of Microsoft’s acquisition of Activision Blizzard has thrown cold water on potential large deals in the videogame space, leading to a downgrade for EA.
: Eli Lilly’s next-generation obesity drug helped patients lose up to 34 pounds in clinical trial
New drug is among next-generation weight-loss medications generating debate over insurance coverage, costs
Lawrence G. McMillan: ‘Sell’ signals are flashing across the stock market now. But bulls still have one chance.
The VIX and its tradeable products are positive, but all bets are off if the S&P 500 closes below 3950, writes Lawrence McMillan.
Market Extra: Office building credit crunch could hit wider U.S. economy, former Deutsche Bank property lender says
Toby Cobb, former Deutsche Bank co-head of U.S. commercial real estate, thinks stress in the office sector could become more widespread and drag down the economy.
The Margin: Where will Bed Bath & Beyond’s customers shop now?
Where will Bed Bath & Beyond customers go after the stores have all closed? Amazon, Target and Walmart look like winners.
IPO Report: Ares debuts second SPAC IPO in uncertain times but raises less capital than the first
Ares upsizes Ares Acquisition Corp. II SPAC but still draws in less capital less than its first SPAC raised in 2021.
The Margin: Watch South Korean President Yoon sing ‘American Pie’ at the White House
South Korean President Yoon Suk Yeol gave a rendition of ‘American Pie’ at the White House on Wednesday night, earning praise from President Biden.
Market Extra: What is a credit-default swap? Debt-ceiling jitters put obscure instrument back in spotlight.
Credit-default swaps are back in the headlines — and that’s not good. Here’s how to make sense of the financial instrument.
: Mobileye stock faces worst day with more than 30% drop as price cuts in China force slashed outlook
Mobileye Global Inc. shares were easily on track for their worst day in 18 months after the company blamed price cuts in China for its reduced outlook.
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