Block has ‘enormous potential’ but is bogged down by focus on bitcoin, analyst says in downgrade
admin Is Block Inc. suffering from creative block? That seems to be a takeaway from a…
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Katzenberg: Cybersecurity startup Aura is profitable, but no IPO for now
Cybersecurity startup Aura is profitable and headed for $300 million in annual revenue, according to…
Read MoreOracle Corp. Japan shares fall sharply after Q1 net profit slumps
Oracle Corp. Japan’s 4716, -4.00% shares fell sharply Thursday morning after its first-quarter net profit…
Read MoreU.S. existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio
Hi, MarketWatchers. Don’t miss these top stories. Brace yourself: The Fed is about to inflict…
Read MoreU.S. existing-home sales fall for the seventh straight month in August
The numbers: U.S. existing-home sales fell 0.4% to a seasonally adjusted annual rate of 4.8…
Read MoreMicron stock downgraded amid ‘steepening price declines’
Mizuho analyst Vijay Rakesh is concerned about memory demand and its impact on pricing, trends…
Read MoreRBA suffers huge accounting losses from bond-buying program
SYDNEY — The Reserve Bank of Australia has suffered huge accounting losses as a result…
Read MoreRalph Lauren looks to boost profit margins after years of restructuring
Ralph Lauren Corp. aims to buy back more stock and boost its profit margins as…
Read MoreStitch Fix slides after bigger-than-expected loss, weaker outlook, drop in active clients
Stitch Fix on Tuesday reported fiscal fourth-quarter results that missed expectations amid a decrease in…
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Tesla, Take-Two and Exxon are among the exceptions to this big problem for stock prices
Over the long haul, stock prices are pushed higher by steady increases in estimates for…
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