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(Bloomberg) -- Private equity firms including Blackstone Inc. and Vista Equity Partners have ruled out financing Elon Musk’s takeover bid for Twitter Inc... → Read More
(Bloomberg) -- Tech shares faltered in late trading after results from Amazon.com Inc. and Apple Inc. fell short of expectations, marring what had been a... → Read More
RBC Capital Markets’ Tom Porcelli isn’t buying the current stagflation hoopla. → Read More
Slumping technology stocks briefly slowed the grind higher in U.S. equities, exposing the lingering concerns about the ability of the economy to weather less stimulus and rising COVID outbreaks. → Read More
U.S. equities slumped after the vice-chair of the Federal Reserve suggested rates could rise by 2023 and mixed economic data for July showed U.S. companies adding far fewer jobs than expected. → Read More
U.S. equities extended gains to all-time highs, with megacap technology stocks leading the way higher as investors weighed the outlook for growth at the start of a busy week of earnings and policy updates. → Read More
Megacap tech stocks led the S&P 500 marginally higher and bond yields fell as investors turned to defensive favorites with Federal Reserve Chairman Jerome Powell making the case for maintaining economic stimulus. → Read More
Two companies controlled by Byron Allen, the onetime stand-up comic who’s built one of the largest closely held media businesses in the U.S., sued McDonald’s Corp., claiming the fast-food giant is discriminating against Black-owned businesses. → Read More
Asian stocks looked set for a muted open after a mixed session from their U.S. peers as investors weighed strong retail sales against concerns about inflation. Treasury yields retreated from a one-year high. → Read More
News that Joe Biden will nominate Janet Yellen to be Treasury Secretary landed gently on Wall Street. → Read More
(Bloomberg) -- Asian stocks looked poised for gains Tuesday after a large-scale coronavirus vaccine study delivered the most-promising results in the battle against the worst pandemic in a century. Bonds and other haven assets tumbled. → Read More
The airline industry, yearning to bounce back from the prolonged global outbreak of COVID-19, is pulling out more tricks designed to get fliers back on board. → Read More
Wall Street investors are coming around to the idea that whether the pandemic fades soon or the stay-at-home economy persists, either way Netflix Inc. is poised to gain. → Read More
Netflix Inc.’s subscriber gains earlier this year had many ready to crown it king of quarantine. Instead, it’s the video game sector that’s laid claim to the throne. → Read More
Apple Inc., Spotify Technology Inc. and YouTube joined #BlackoutTuesday, an initiative tied to the music industry’s #TheShowMustBePaused movement, which supports protests across the U.S. against police brutality and racism toward African Americans. → Read More
(Bloomberg) -- Apple Inc., Spotify Technology Inc. and YouTube joined BlackoutTuesday, an initiative tied to the music industry’s TheShowMustBePaused movement, which supports protests across the U.S. against police brutality and racism toward African Americans.The iPhone maker paused the browse feature → Read More
Live Nation Entertainment Inc. is giving investors a glimpse into the future with sales of tickets to see country-rock singer Travis McCready in what would be the industry’s first socially distanced concert. → Read More
(Bloomberg) -- Live Nation Entertainment Inc. is giving investors a glimpse into the future with sales of tickets to see country-rock singer Travis McCready in what would be the industry’s first socially distanced concert.Sales of passes to see McCready, frontman for the band Bishop Gunn, play an acoustic → Read More
(Bloomberg) -- Roku Inc. and Fox Corp. climbed Monday after inking a new distribution agreement over the weekend, preventing a potential blow to viewers’ ability to stream Sunday’s Super Bowl broadcast.The settlement, clearing the way to air FOX channels on the Roku platform, brings an end to a fleeting → Read More
(Bloomberg) -- Roku Inc. fell to its lowest in more than two months on Friday as the company began notifying customers that FOX channels will not be accessible on its platform ahead of the network’s Super Bowl broadcast this weekend.Beginning Jan. 31 “all standalone FOX channels will no longer be available → Read More