Distressed-Debt Funds Have Lost Big on China Property Bets
The market looked attractive after bond prices fell two years ago. They are even lower today.Read More
Starboard Takes 5%-Plus Stake in Contract-Research Firm Fortrea
The activist investor plans to push for changes that could boost margins among other initiatives aimed at share-price appreciation.Read More
FTX’s Political Donations Came From Stolen Customer Funds, Testifies Company Insider Nishad Singh
The former FTX engineering director said he committed crimes alongside Sam Bankman-Fried.Read More
Stocks Rise, While Bond Prices Decline
Gold and oil prices slip as traders watch Israel-Hamas situation, earnings reports.Read More
Goldman Wants Out of Consumer Lending. Employees Say It Can’t Happen Fast Enough.
The bank has been shrinking its Main Street loans, but it still has the Apple credit card and other products.Read More
Schwab Sees Potential Inflection Point to Cash Outflows
Key deposits creep up in September after falling for over a year.Read More
Netflix Will Lead Streamers Into Uncharted Territory
Investors want more price hikes, but rising costs and strike delays mean less content will be coming.Read More
Memory-Chip Stocks Can Ride the AI Gravy Train, Too
Memory-chip prices could finally rebound soon. Meanwhile, SK Hynix and Samsung are benefiting from the artificial-intelligence boom, too.Read More
What Defense Stocks Are Saying about a More Violent World
The bloody attack on Israel and inevitable retaliation have turned defense stocks into a gauge of the geopolitical risks perceived by financial markets. For now, it is flashing amber rather than red.Read More
If the Economy Is So Strong, Why Are Consumer Stocks Tanking?
Over two dozen stocks in the consumer sectors of the S&P 500 set new 52-week lows in October.Read More
