A barometer of business conditions at service-style companies held steady at a robust 55.1% in February, showing the U.S. economy is still in expansion mode.
The Ratings Game: Costco still showing strength despite discretionary-spending pullback, analysts say
Companies across the retail spectrum have highlighted cuts in discretionary spending by consumers this earnings season.
The Margin: Lufthansa flight suffers ‘severe turbulence,’ hospitalizing 7 and scattering trash across the plane — see the aftermath
Several passengers were hospitalized for minor injuries afterward, the airline said. Some onboard have shared videos of what it was like inside the aircraft.
Mark Hulbert: What’s the real source of Cathie Wood’s ARK long-term performance?
Risk plays an outsize role in the ETF’s returns
The Ratings Game: C3.ai’s stock sees meme-like surge amid short covering, ‘AI fervor’ and earnings
C3.ai’s roaring rally was set to continue Friday, but at least one analyst was tempering their enthusiasm.
The Ratings Game: TD bank may reprice major acquisition of First Horizon, analyst says
Banking giant TD still wants to buy First Horizon a year after megadeal was announced, but the purchase price may drop, given lower sector valuations.
The Ratings Game: NIO stock falls after ‘tactical’ downgrade by J.P. Morgan on margin concerns
NIO shares fell early Friday, after J.P. Morgan downgraded the China-based electric vehicle maker, citing margin concerns and ‘ambitious’ delivery targets.
The Ratings Game: Signature Bank continues its ‘orderly crypto unwind’ as crypto currency retreat continues
Signature Bank’s mid-quarter update carries more significance given tough market conditions, as the company whittles down its crypto exposure.
Metals Stocks: Gold books first weekly gain in over a month as U.S. dollar pulls back
Gold futures rose Friday, booking weekly gain as the U.S. dollar softens.
: Broadcom stock moves higher after earnings, forecast beat
Broadcom continued to produce better results and forecast better near-term sales than Wall Street expects Thursday, and shares rose in extended trading.
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