Weight loss drug patients spend less on restaurants, takeout: survey
A food delivery messenger carries a take out bag outside aSweetgreen in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post | Getty Images A highly popular group…
Stocks making the biggest moves midday: TSLA, GS, CRM
Check out the companies making headlines in midday trading. Tesla — Shares fell 5.6% after an internal memo said the electric vehicle maker is planning to lay off more than…
New Swiss bank laws could derail UBS’ challenge to Wall Street giants
Sergio Ermotti, CEO of Swiss banking giant UBS, during the group’s annual shareholders meeting in Zurich on May 2, 2013. Fabrice Coffrini | Afp | Getty Images Switzerland’s tough new…
Biotech stocks are ready to break out. They just need one more thing
While debate rages on about when the Federal Reserve might start cutting interest rates, biotech industry analysts are making the case that the argument for stocks in the sector is…
Global gas glut is set to reach multi-decade highs in the coming years
A liquefied natural gas tanker sails past a container terminal as it arrives in Yokohama, Japan, May 21, 2018. Tomohiro Ohsumi | Bloomberg | Getty Images Natural gas prices have…
WBA, EL, ALL and more
Check out the companies making headlines before the bell. Walgreens Boots Alliance — Shares dipped 1.6% after the company’s fiscal second quarter report was released. Walgreens generated $37.05 billion in…
Stocks making the biggest moves premarket: RDDT, NKE, FDX
Check out the companies making headlines before the bell. Nike — The stock slumped 6.2% after the iconic sneaker brand reported slowing growth in China in its fiscal 2024 third…
Big week for tech IPOs like Reddit boosts Morgan Stanley after lull
The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening Bell®. NYSE Wall Street’s tech IPO…
Reddit prices IPO at top of indicated range to raise $748 million
Social media platform Reddit, priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and giving the…
Nordstrom reportedly trying to go private
Shoppers exit the Nordstrom at the Westfield Topanga mall in Canoga Park, California, on Aug. 14, 2023. Christina House | Los Angeles Times | Getty Images Nordstrom shares jumped more…