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Jeff Bezos-Backed Blue Origin to Cut 10% of Its Workforce
Jeff Bezos’ space company Blue Origin LLC is cutting about 10% of its workforce, a significant pullback aimed at slashing costs and refocusing resources after years of development work.
10 Best Growth Stocks to Buy for 2025
Most economists expect muted U.S. economic growth in the coming quarters, and some indicators suggest a mild U.S. recession is still a possibility. It may become difficult for investors to find
JCPenney says it’s closing eight stores by mid-year
JCPenney is getting leaner with eight store closures in the coming months, five more than previously announced. The Plano retailer will shutter the stores by mid-year stretching from California to
Billionaire Ken Griffin sounds alarm on multinatonal stocks
Griffin now ranks 36th in the Bloomberg Billionaires Index with a total net worth of $41.8 billion. "From my vantage point, the bombastic rhetoric, the damage has already been don
The NYSE just made ‘Y’all Street' more crowded in Dallas. But here’s how Texas can benefit
The Texas Stock Exchange made waves when it debuted in June 2024 with $120 million in backing from financial giants like BlackRock and Citadel Securities. Apparently, the impact was so strong that
Palo Alto Networks’ stock is falling. Here’s what was missing from earnings.
The cybersecurity company says its ‘platformization’ strategy is working, but its latest report lacked oomph on a bookings metric.
How to Read Stock Charts
Stock traders fall into two categories, according to Angelo DeCandia, professor of business at Touro University: Those who care about the fundamentals of a company, such as its fi
Supermarket shakeup continues as Aldi sells Winn-Dixie stores it bought less than year ago
In the latest grocery industry shakeup, Aldi has sold the iconic Winn-Dixie grocery chain it acquired less than a year ago. Aldi said it will keep the Winn-Dixie and Harveys supermarkets it plans to
Roku is done with being conservative in its outlook. Wall Street approves.
Roku’s stock soars more than 15% on upbeat outlook based on ”clear and accurate” data rather than ”conservatism.”
Joann files for bankruptcy, again: How did the retailer get to this point?
Joann, the retailer famously known for selling fabrics and crafts, has filed for Chapter 11 bankruptcy for the second time in less than a year.
DraftKings rallies on upbeat full-year sales outlook, which doesn’t include this big event
Shares of DraftKings Inc. rose after hours Thursday after the sports-betting platform offered a more optimistic sales outlook for this year, as it moves ahead with things like live betting and
CNBC Daily Open: Relief over Trump tariff delay eased panic in markets
Humans are forward-looking. That can lead to preparation but also anxiety. On Thursday, optimism and relief won over fears and worries, rallying stocks.
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