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Tech stocks essentially haven’t been this cheap versus the S&P 500 in six years
Worries over AI spending and the sustainability of demand have been weighing on the tech sector.
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RH’s stock plunge shows even the ultrarich are worried about spending on their homes
Shares of RH plummeted toward a six-year low Wednesday, after the high-end furniture retailer’s latest earnings report and outlook suggested that even the super-rich have cut back spending on their homes.
BusinessThe Human Router: Ron Conway’s Playbook For Backing – And Defending – Founders
Inside Ron Conway’s investing playbook: how relationships, conviction, and timely action helped back startups like Google, Airbnb, and Stripe.
BusinessEli Lilly opposes push to pass Trump's drug pricing deals into law, CEO says
Eli Lilly opposes the White House's push to codify most favored nation drug pricing into law, CEO Dave Ricks said in an interview with CNBC.
BusinessSpaceX filing kicks off largest IPO process in history
Confidential SEC submission sets up summer listing
BusinessBank of Canada Agreed Iran War Shouldn’t Overtake Other Risks
While the Bank of Canada’s governing council spent considerable time discussing the inflation risks posed by the war in Iran, officials agreed that they “should not lose sight” of other major economic headwinds when…
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Frustrated with Nike’s failing turnaround? Give this stock a try instead, analyst says.
If you’re looking for a way to play Nike’s eventual turnaround, buy Dick’s Sporting Goods shares, Oppenheimer said.
BusinessHasbro Pulls Some Systems Offline as Breach Inquiry Continues
The toy company Hasbro Inc. said it discovered unauthorized access in its network on Saturday and has taken certain systems offline.
BusinessOil Price Surge Not Slowing M&A, Morgan Stanley's Miles Says
Tom Miles, Morgan Stanley global co-head of M A, comments on the current state of M A activity amid elevated energy prices and the ongoing global uncertainty during an interview with Dani Burger on Bloomberg…
BusinessMamdani Spars With NYC City Council Over $127 Billion Budget
New York City Council Speaker Julie Menin outlined a budget proposal that she said would close a $6 billion deficit without raising taxes, cutting services or raiding the city’s savings — a plan Mayor Zohran Mamdani…
BusinessParents with student loans are running out of time to secure forgiveness and affordable payments
Parents with student debt still have time to consolidate their loans and preserve their access to affordable repayment plans and debt forgiveness.
BusinessSuper Micro Co-Founder Pleads Not Guilty in China Smuggling Case
Super Micro Computer Inc. co-founder Yih-Shyan “Wally” Liaw pleaded not guilty Wednesday in New York to charges that he helped illegally divert billions of dollars in Nvidia Corp.-powered servers to China in a hearing…
