Check out what’s clicking on FoxBusiness.com. SHANGHAI/LONDON – Numbers don’t lie, you just need to be looking at the right ones. Stocks in this Article $n.a. n.a. (n.a.) $n.a. n.a. (n.a.) $n.a. n.a. (n.a.) $n.a. n.a. (n.a.) $n.a. n.a. (n.a.) That’s the problem for investors searching for the next trouble […]
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IBM revenue misses on weakness in legacy infrastructure unit
Check out what’s clicking on FoxBusiness.com. IBM on Wednesday missed market estimates for quarterly revenue as its managed infrastructure business suffered from a decline in orders ahead of a spinoff next month, sending its shares down in extended trading. Ticker Security Last Change Change % IBM INTERNATIONAL BUSINESS MACHINES CORP. […]
Tesla reports record net income and profits in Q3
Austin Mayor Steve Adler on Tesla moving its headquarters to the city, why it’s a ‘desirable place’ and his meeting with Elon Musk. Tesla broke a slew of its own records according to its third-quarter earnings report released Wednesday, including best-ever net income, gross profit, vehicle production, and deliveries. The […]
Pinterest shares jump, PayPal drops on acquisition rumors
Check out what’s clicking on FoxBusiness.com. Shares of Pinterest have surged Wednesday following a report that PayPal is in talks to acquire the image sharing and social media platform. ‘COCOMELON’ OWNER MOONBUG WEIGHS SALE, IPO A source familiar with the matter told Bloomberg that the companies have discussed a potential […]
Blackstone buying majority stake in Spanx
Check out what’s clicking on FoxBusiness.com. Blackstone Inc. BX +1.27% is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear. The deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company […]
Novavax stock tanks on report of COVID-19 vaccine manufacturing troubles
Fox News medical contributor Dr. Marc Siegel provides insight into coronavirus booster shots. Shares of Novavax plunged more than 23% in pre-market trading Wednesday as the company is reportedly facing significant hurdles with its vaccine manufacturing. GE, UNION PACIFIC MANDATE COVID-19 VACCINE FOR US WORKERS In July 2020, the U.S. […]
Bitcoin price passes $65K in new all-time high
ProShares global investment strategist Simeon Hyman shares details on launching the first public Bitcoin futures ETF. Bitcoin surged to a new all-time high on Wednesday trading above the $65,000 level one day after the launch of the first Bitcoin exchange-traded fund, Proshares Bitcoin Strategy ETF. Ticker Security Last Change Change […]
Doing business in China as we know it is ‘over,’ expert says
China Beige Book CEO Leland Miller argues that only high-risk profiles may find value in Chinese investments. China Beige Book CEO Leland Miller reacted to Chinese opposition to a proposed property tax plan on “Mornings with Maria” Wednesday. Miller argued the era of doing business in China as we know […]
Stocks seek direction as earnings season rolls on
Lane Generational founder and managing partner Fred Lane argues tech companies will remain profitable despite supply chain disruptions. U.S. stock futures were little changed as earnings reporting picks up steam. Dow Jones Industrial Average futures rose 8 points, or 0.02%, while S&P 500 futures and Nasdaq 100 futures edged up […]
Big money managers hoard cash, dump bonds as inflation fears mount
Adviser Investments CIO Jim Lowell weighs in on markets, inflation, supply issues and consumers. Big money managers are hoarding the most cash in a year amid concerns over inflation and slowing global growth, according to a survey conducted by Bank of America. The average cash balance for respondents to Bank […]