U.S. stocks rally on ‘Goldilocks’ jobs report as Wall Street’s fear gauge slides
MarketWatch
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2h ago
U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of March as investor anxieties tied to inflation appeared to subside ..read more
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Paramount’s new ‘Office of the CEO’ now has a leader — while its ex-CEO will still collect a hefty paycheck
MarketWatch
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3h ago
Paramount Global has named Chris McCarthy as interim principal executive officer of its new three-executive leadership team, the media conglomerate said ..read more
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Vistra Corp. to join S&P 500 index, replacing Pioneer Natural Resources
MarketWatch
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3h ago
The electric utility company replaces Pioneer Natural Resources Co. after the latter’s acquisition by Exxon Mobil Corp ..read more
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Whirlpool says it’s planning additional layoffs under restructuring plan
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3h ago
Whirlpool Corp. said Friday that it plans additional layoffs to the 1,000 it announced as part of a global restructuring plan in late April ..read more
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Luminar’s stock falls as lidar maker plans to lay off 20% of workforce as part of restructuring plan
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3h ago
Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said it was cutting its workforce by 20% as part of a restructuring plan ..read more
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$7,500 for tequila? The Cinco de Mayo staple has become a super-premium spirit.
MarketWatch
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5h ago
“As more consumers make tequila their spirit of choice, we’ve seen them gravitate towards high-quality, premium tequilas,” Patrón executive says ..read more
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Here’s how much Buffett’s Berkshire Hathaway could make from Apple’s dividend hike
MarketWatch
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5h ago
Apple said it will increase its cash dividend by 4%, which is good news for Warren Buffett’s company ..read more
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Nasdaq finally ‘warming up’ to Canadian cannabis companies with U.S. exposure. Could American growers be next?
MarketWatch
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5h ago
The Nasdaq stock exchange is “warming up” to the idea of continuing to list Canadian cannabis companies even if they have exposure to the U.S. market — and a U.S. cannabis company could be next, an analyst at Jefferies said ..read more
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Gold is overvalued now and won’t help you beat inflation in coming years
MarketWatch
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5h ago
New research sees gold lagging U.S. inflation by more than 7% a year over the next decade ..read more
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Shares of nanocap Safe & Green Holdings skyrocket in ‘insane’ move
MarketWatch
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6h ago
Safe & Green Holdings Corp. shares skyrocketed 86.7% Friday, a day after the design- and construction-services company completed its reverse stock split ..read more
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