Unemployment rate unexpectedly rose to 3.8% in August as payrolls increased by 187,000
The unemployment rate rose sharply in August, as the summer of 2023 neared a close with a job market in…
Stocks making the biggest moves premarket: Dell, MongoDB, Lululemon and more
Check out the companies making headlines before the bell: Dell Technologies — Dell Technologies surged 10.5% after exceeding analysts’ second-quarter…
Engineering group ABB ‘pretty pessimistic’ on China: ‘It will be challenging for the rest of the year’
The CEO of Swedish-Swiss multinational industrial and engineering group ABB said he has been “disappointed” by the state of the…
Stocks making the biggest moves after hours: Dell, Lululemon and MongoDB
Check out the companies making headlines after hours. MongoDB — Shares of the database software maker gained 5% in extended…
Sixth Street — which manages more than $70 billion — is betting big on sports teams and live events
(Click here to subscribe to the Delivering Alpha newsletter.) “It’s very difficult to buy a sports team and lose money,” Carlyle Co-Founder…
The IPO downturn is in the 7th inning and a real pickup could arrive soon, Sixth Street CEO says
The drought in the IPO market could be near an end, according to a big investor overseeing more than $70…
Stocks making the biggest moves midday: Tilray, Salesforce, CrowdStrike, Dollar General and more
Check out the companies making headlines in midday trading. Salesforce — The cloud software company saw its stock jump 3%…
A ‘historic’ result but still a ‘construction site’: Analysts react to blowout UBS earnings
UBS shares rallied to 15-year highs on the back of what analysts branded a “historic” earnings report, though Deutsche Bank…
Stocks making the biggest premarket moves: Dollar General, Salesforce, Palantir and more
Check out the companies making the biggest moves before the bell: Dollar General — The discount retailer tumbled 15.3% after…
Buy now, pay later firm Klarna cuts losses in first half but fails to post profit
Swedish buy now, pay later firm Klarna reduced its losses by roughly 67% in the first half of 2023, as…
