Check out the companies making the biggest moves midday: Kenvue — The maker of Band-Aid bandages rallied 14% after beating analysts’ estimates for its second quarter. Kenvue, which spun off from Johnson & Johnson last year, posted adjusted earnings of 32 cents per share, versus the 28 cents expected from…

Disney is raising prices on its streaming platforms.Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 to $2 more per month, according to a press release Tuesday. The most expensive plans for Hulu, which include live TV, will cost $6 more per month.Disney+ basic and premium will…

It’s only Tuesday, but it’s already been a rough week for the tech world. A tech sell-off on Monday, spurred by disappointing earnings, helped to drag down wider markets. The “Magnificent Seven” tech stocks ultimately lost $615.6 billion in value on Monday, according to data from S&P Global. Investors were…

Alight, Inc. (NYSE:ALIT) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Jeremy Cohen – Head, IRStephan Scholl – CEOJeremy Heaton – CFOGreg Goff – President Conference Call Participants Scott Schoenhaus – KeyBanc Capital MarketsKevin McVeigh – UBSJoseph Vafi – Canaccord GenuityTien-Tsin – Huang JPMorganPete Christiansen…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Wall Street stocks rebounded on Tuesday as markets stabilised from the previous day’s global rout, following a much sharper comeback for Japanese equities.The S&P 500 climbed 1.7 per cent by midday in…

Vice President Kamala Harris has selected Minnesota Gov. Tim Walz as her running mate, capping the Midwestern Democrat’s short but swift ascent from a relative unknown to a leading driver of the Democratic attacks on Donald Trump and the MAGA agenda. Before Walz was elected governor in 2018, he served 12…

Did you know more people turn 65 each day in America than are born? And by 2030, there will be more people over 60 than those under 18? This generation of “elders” in the developed world is “the longest lived, wealthiest, healthiest, most highly educated, and largest percentage of elder…

Americans still believe in homeownership, but high home prices, soaring borrowing rates and misconceptions about the homebuying process keep many from achieving their goal, a recent survey said. The majority of Americans (83%) consider homeownership an essential life milestone and 40% think about it at least once a week, according…

Any number of suspects could be blamed for Monday’s market beatdown, ranging from worries about the economy and seemingly slow-footed response from the Federal Reserve to the unwind of a popular global currency trade and concerns over corporate earnings.Those all played a part in some shape or form, and each…

U.S. stocks fell sharply Monday as part of a global selloff fueled by mounting recession fears among investors.The turmoil seems to have begun on Friday following the release of a disappointing July jobs report, which fueled concerns that the Federal Reserve has moved too slowly to cut interest rates —…