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…
Op-ed: Why the world needs more oil, not less
What do toothpaste, deodorant, soap, cameras, computers, gasoline, heating oil, jet fuel, car tires, contact lenses and artificial limbs have…
Stocks making the biggest moves after hours: Salesforce, Okta, CrowdStrike, Five Below and more
Check out the companies making headlines after hours. CrowdStrike — The cybersecurity stock added 1% in extended trading. CrowdStrike beat…
