Yahoo Finance — Amazon (AMZN) is buying Whole Foods (WFM) for $13.7 billion, the companies announced on Friday. In a statement Friday morning, the online retailer said it would buy the [...]
Bloomberg — The selloff that has erased $250 billion from the value of technology shares is threatening to end the industry’s longest stretch of uptrend in more than two decades. The Nasdaq [...]
CNBC — The Federal Reserve approved its second rate hike of 2017 even amid expectations that inflation is running well below the central bank’s target. In addition, the Fed provided [...]
Business Insider — Historically viewed as one of the crown jewels of the stock market, Apple is adjusting to its new role as a lightning rod for bearish tech speculators. Short interest on [...]
Bloomberg — Despite increased pressure this year from a prominent investor to boost profitability, Jeffrey Immelt says his retirement as General Electric Co.’s chief executive officer was [...]
Reuters — Technology stocks sold off sharply on Friday, taking a toll on the Nasdaq and dragging on other major Wall Street indexes, which touched record highs earlier in the day. The [...]
Barron’s — Inflation has been tame for so many years that it now ranks near the bottom of Wall Street’s list of worries. That could be a problem. With the U.S. economic expansion in [...]
Bloomberg — Macy’s Inc. dropped the most in almost a month after warning investors that profit margins are tightening, bringing a fresh headache to the embattled department-store chain. At [...]
CNBC — Stocks are opening the week with a sigh, as the S&P 500 (INDEX: .SPX) hovers around unchanged levels. But the index still managed to hit a narrow new all-time high in morning [...]
Zak’s — Microsoft MSFT shares continued their impressive run on Monday morning, moving more than 1.5% higher and hitting a new 52-week high in the process. The software giant will now [...]
