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Wednesday, September 18, 2024

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Stock Market

Treasury’s little changed as CPI inflation report looms

Bond yields were little changed early Tuesday as traders awaited an inflation report that will help determine the timing of any Federal Reserve...

Alcoa inks binding deal to acquire Australia’s Alumina for $2.2 billion

Alcoa said it has agreed to acquire Alumina in a deal that values the Australian company’s equity at roughly $2.2 billion, concluding weeks...

Vail Resorts’ stock slips after results, guidance hurt by decline in visits, snowfall

Shares of Vail Resorts Inc. fell after hours on Monday, after the ski-resort operator cut its full-year profit outlook following a drop in...

What’s your dream retirement? Most people want to keep working — at least a bit. 

Old views of traditional retirement are gone. New retirement will look different. Source link

Mission Produce shares rise nearly 6% as avocado prices boost results

Shares of Mission Produce rose after the company’s results were boosted by higher prices for avocados. Source link

Trump’s Social Security problem isn’t his words, it’s his math

How is he planning to make his numbers add up? Source link

Acadia Pharma’s stock falls 15% after failed drug trial

One of Acadia Pharma’s drugs failed to meet goals of a late-stage trial about a schizophrenia treatment. Source link

Oracle finally becomes a cloud company, helped by ‘enormous’ AI demand

Oracle Corp. has reached an important milestone in its decade-long shift to becoming a cloud-computing company — revenue from the cloud surpassed its...

Homeowners scrambling for cash breathe new life into second-lien mortgage market

Second-lien mortgages have been getting a new lease on life as more borrowers tap their homes for cash two years since the Federal...

Here’s how Apple could uniquely leverage AI — and send its sagging stock higher

Apple could make it easier for users to engage with AI on their devices thanks to its tightly linked hardware and software ecosystems,...

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