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Check out the companies making headlines in midday trading: Intel — The chipmaker jumped 8.5% on news that Intel is working with bankers to explore options to address weaknesses in its core business. Elastic NV — The stock plunged more than 27% after its fiscal second-quarter revenue forecast missed Wall…
I covered Cullinan Therapeutics, Inc. (NASDAQ:CGEM) twice in the last year, and both times I wondered why the stock was trading below cash. It had a decent enough market cap for a small biotech; it just had way more cash. I am just checking it again now, and I am…
Check out the companies making headlines in midday trading. Dollar General – The discount retailer’s shares tumbled nearly 30% after the company slashed its sales and profit guidance for the full year. Dollar General CEO Todd Vasos said the softer sales trends are partially attributable to a core customer who…
If you’re looking for a new job, you might have better luck searching outside coastal cities like New York or San Francisco.The metro areas around Denver, Colorado; Oklahoma City, Oklahoma; and Las Vegas, Nevada; are the hottest job markets in the U.S., according to a new report from ADP Research.ADP…
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Check out the companies making headlines in midday trading: Super Micro Computer — Shares shed 26% after the artificial intelligence server company said it would postpone filing its annual 10-K form for the fiscal year that ended June 30. Super Micro Computer said its management requires more time to “complete…
The monthslong Trump Media stock slide continued Wednesday, as shares of the company majority-owned by former President Donald Trump fell below $20 for the first time since the Truth Social maker went public in March of this year.As of 12:45 p.m. ET, the stock price of DJT has dropped more…
By Elaine Tan LSEG Deals Intelligence experts Elaine Tan, senior manager for Deals Intelligence in APAC, and Daniel Stanton, Editor of IFR Asia, recently led a client webinar Exploring Deal Making Trends in Asia, based on our data to the end of July 2024. Structural and cyclical constraints, particularly in…
Check out the companies making headlines in midday trading: Paramount Global — The media conglomerate’s stock dropped more than 5% after Edgar Bronfman Jr. abandoned his pursuit of a takeover, clearing the way for Skydance to follow through on its roughly $8 billion acquisition deal reached in July. The Skydance…
In 2017, Leena Pettigrew was gifted her first houseplant — a golden Pothos, notoriously easy to care for — and killed it.Five years later, she tried again. She and her husband Marquise were redecorating their home in Houston, and they needed to fill its empty corners, she says. She drove…