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Economy

Adobe stock is taking off: Could a rumored Workday buyout push it higher?

Adobe stock has staged a strong comeback as investors rotate back to software companies following the sell-off a few months ago. ADBE is

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Economy

S&P 500 edges higher as earnings offset Middle East tensions

US stock indexes opened mixed on Friday as investors weighed another record-setting session for the S&P 500 against renewed geopolitical tensions in the

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Economy

Berkshire 13F: What to expect from Buffett successor’s latest moves

Berkshire Hathaway’s second-quarter 13F filing, due on Friday, is expected to offer investors a clearer picture of how CEO Greg Abel is reshaping

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Economy

Netflix stock jumps 4% as Bill Ackman returns with a new stake

Netflix NFLX stock rose more than 4% on Thursday after billionaire investor Bill Ackman’s Pershing Square Capital Management disclosed a new stake in

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Economy

SanDisk stock soars 15% today: here’s why

SanDisk SNDK stock surged on Thursday after the memory chipmaker unveiled ambitious long-term financial targets and sought to reassure investors that demand for

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Economy

Evening digest: Anthropic to target $2T valuation in IPO, Gold slips

Anthropic is reportedly targeting a valuation of at least $2 trillion in a potential October IPO, while Chinese memory-chip maker CXMT has overtaken

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Economy

Dow rises as S&P 500 closes at record high on softer inflation, tech gains

US stocks ended higher on Thursday, with the S&P 500 closing at a fresh record as easing inflation data, falling oil prices and

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Economy

What drove Workday stock higher on Thursday and what comes next?

Workday (WDAY) shares closed meaningfully higher on Thursday following a Reuters report that the private equity giant Silver Lake is in discussions to

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Economy

Upwork stock tumbles as weak guidance overshadows Q2 earnings beat

Shares of Upwork were headed for their worst single-day decline in three months on Tuesday after the freelance marketplace issued weaker-than-expected guidance, overshadowing

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Economy

Evening digest: Pakistan says US-Iran deal close, OpenAI executive leaves

Hopes of progress toward a US-Iran arrangement over the Strait of Hormuz kept energy markets on edge, while gold hovered near a two-month

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