Restaurant stocks McDonald’s and Chipotle could be due for a pullback after the market’s rally this week
The stock market is enjoying its best week of 2023, but some names may have gotten ahead of themselves.
Starz to lay off more than 10% of employees ahead of Lionsgate spinoff
Starz is laying off more than 10% of employees and is exiting UK and Australia.
Amazon founder Jeff Bezos is leaving Seattle for Miami
Amazon founder Jeff Bezos announced late Thursday that he plans to leave Seattle and move to Miami.
Bad news for the economy is good news for the stock market … as long as it doesn’t get too bad
Bad news is good news, as long as it isn’t too bad.
Elon Musk says his new startup xAI will debut its artificial intelligence Saturday
Elon Musk said Friday that his AI company, xAI, will debut its technology on Saturday.
U.S. payrolls increased by 150,000 in October, less than expected
Nonfarm payrolls were expected to grow by 170,000 in October, according to a Dow Jones consensus estimate.
Biden quietly tapped Obama to help shape his AI strategy
Former President Barack Obama advised the White House over the past five months on its plan to address artificial intelligence.
Restaurant Brands revenue disappoints Wall Street as Burger King same-store sales miss estimates
Burger King parent Restaurant Brands International’s quarterly revenue fell short of Wall Street’s expectations.
Apple lacks a clear path to growth this holiday season after four straight quarters of shrinkage
Apple indicated on Thursday that it doesn’t expect revenue growth in the December quarter, which is the busiest time of the year
BlackRock’s Rick Rieder: Don’t underestimate the resilience of the U.S. economy
BlackRock’s Global Fixed Income chief investment officer Rick Rieder gives his market outlook.
