Apple Inc., fresh off upbeat quarterly results tied to robust iPhone sales, rolled out a four-part bond deal on Monday to raise new debt. The new deal from Apple AAPL, Read more
Tag: Corporate Actions
Nutanix appoints new revenue chief, expects high end of forecasts
Nutanix Inc. shares rallied in the extended session Monday after the hyperconverged-infrastructure company appointed a new chief revenue officer and said it expects to perform at the high end of Read more
Pinterest stock jumps 20% after Elliott confirms stake; earnings miss but users stick around
Pinterest Inc. missed expectations for earnings and guided for revenue lower than analysts expected in the current quarter, but shares still spiked in after-hours trading as users stuck around, and Read more
Nancy Pelosi’s husband sells $4 million worth of Nvidia stock at a major loss
The husband of House Speaker Nancy Pelosi sold more than $4 million worth of shares in software and computer-chip company Nvidia NVDA, +1.08% in July, publicly available financial disclosures show. Read more
Opinion: Energy stocks have a sustainable future: it’s in their dividends
One of the few numbers growing faster than energy stock dividends is the size of crowds convinced they are not sustainable. I’ve never witnessed a consensus opinion as negative on Read more
Opinion: Elon Musk is hitting ‘peak hubris’ with his high-risk Twitter and bitcoin plays. Tesla shareholders should be concerned.
Elon Musk is certainly self-confident, perhaps overconfident, but what about his hubris? Confidence and hubris reside at opposite ends of self-image, with overconfidence in between. Confidence is essential in life Read more
This startup founded by former Airbnb employees lets you try out vacation homes before you buy them
This article is reprinted by permission from The Escape Home, a newsletter for second homeowners and those who want to be. Subscribe here. © 2022. All rights reserved. Buying a Read more
Cost of hedging a stock portfolio against another blowup falls to 3-year low in post-Fed rally
Investors who bought calls in July on the Cboe Volatility Index — better known as Wall Street’s “fear gauge,” or simply “the VIX” — to help offset potential losses in Read more
This is why sports SPACs aren’t dead yet
Sports SPACs are back, but with more of a whimper than a boom. Digital entertainment and esports brand FaZe Clan began trading on the public markets Wednesday after completing a Read more
Opinion: Target-date funds are showing why they can shine when inflation and economic uncertainty is high
Rising inflation and the sharpest increase in U.S. interest rates since 1994 have contributed to a widespread sense of unease as many retirement fund participants watch their savings dissolve. Uncertainty Read more