Author: super@dmin
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: Mobileye stock jumps 30% in return to Wall Street, even though ‘investors don’t want to talk about autonomous vehicles right now’
Mobileye Global Inc. received a warm welcome back to Wall Street on Wednesday, as the stock of Intel’s autonomous-driving spinoff went up more than 30% in its first day of trading.
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: Here’s another sign that home-improvement demand is falling
For a second straight day, an S&P 500 index component reported earnings that pointed to weakness in home-improvement demand.
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MarketWatch First Take: Ford exits Russia with joint-venture sale, but Moral Rating Agency slams ‘escape clause’
Ford is retaining the option to repurchase its Sollers Ford joint-venture stake within a five-year period.
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The Ratings Game: Why a former Netflix bear has become Wall Street’s biggest bull
Netflix Inc. shares have lost about half their value so far this year, and Pivotal Research Group analyst Jeff Wlodarczak sees better days ahead for the name.
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The Tell: 7 reasons why high inflation may be here to stay, according to Oxford Economics
“The longer inflation stays high, the more embedded it is likely to become,” says Jamie Thompson, head of macro scenarios at Oxford Economics.
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Cannabis Watch: Analysts mixed on complex Canopy Growth maneuver to create Canopy USA business
Stifel reiterates sell rating on Canopy Growth while Jefferies praises deal; a third analyst ponders the role of Constellation Brands in the mix.
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: Apple says USB-C charging will be coming to iPhones
It looks like Apple Inc. will soon get more plugged in to the needs of some users
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: 20-year-old investor who made $110 million on a meme stock is pushing for change at a psychedelics company
The 20-year old investor who found fame this year when he made $110 million from trading the stock of troubled retailer Bed Bath & Beyond Inc., has turned activist shareholder and is pushing for changes at psychedelics company Mind Medicine Inc.
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Earnings Results: Kraft Heinz earnings show effects of recent price increases: ‘Food is proving to be very resilient’
Kraft Heinz Co.’s results benefited from price increases in the latest quarter, but they weren’t enough to satisfy Wall Street.
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The Margin: Of course there’s a ‘sexy Wordle’ Halloween costume
Wordle, the viral online word game scooped up by the New York Times earlier this year, is also inspiring plenty of DIY Halloween costumes.