Mountain View, CA

Shares of Frontier Communications (FYBR) jumped nearly 40% on Wednesday after The Wall Street Journal said the fiber network company was in talks about a possible sale to Verizon Communications (VZ). The Journal, which cited people familiar with the matter, said the deal could be announced by the end of...

Frontier Communications Stock Jumps 38% After Report of Possible Verizon Deal

Science Applications International Corporation, or SAIC, exceeded profit and sales forecasts on increased contract volume. The government and defense technology provider also raised its full-year EPS guidance. Free cash flow rose 67% year-over-year. Shares of Science Applications International Corporation (SAIC), or SAIC, advanced Thursday when the government and defense technology...

SAIC Stock Rises as Results Top Estimates on Higher Contract Volume

Hewlett Packard Enterprise reported fiscal third-quarter sales that beat analysts' expectations, buoyed by a surge in server revenue driven by artificial intelligence demand. Diluted earnings per share missed estimates compiled by Visible Alpha, though adjusted earnings came ahead of projections. The company raised and narrowed its outlook for full-year earnings.

HP Enterprise Posts Higher-Than-Expected Revenue Driven by AI Demand

Broadcom shares tumbled Friday after the company’s outlook disappointed investors, but Bank of America and Jefferies analysts said Broadcom's fall could present an opportunity to buy. Bank of America called Broadcom a “top compute pick,” citing the chipmaker's potential for growth driven by surging artificial intelligence demand.

Broadcom's Stock Has Been Slipping. These Analysts Say It's Time To Buy

The yield curve righted itself Wednesday after more than two years of a negative spread between the 10- and 2-year Treasury yields. However, the measure inverted again on Thursday. An inverted yield curve has historically indicated a recession is on the way. The righting of the yield curve could be...

The Yield Curve Righted Briefly This Week. What Does That Say About Recession Fears?

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NewsNinja

An Aldi shopper recently shared her disturbing experience with a moldy rice package from the supermarket, sparking debate. A TikTok user named @defonotlils posted a video on June 6 that quickly became popular, accumulating more than 674,600 views. In the video, she shares what happened after finding out about something.

This is why I don’t shop at Aldi: Woman can’t believe what she found in her packaged rice from Aldi

Unemployment is rising, and more workers are unsatisfied with their wages. If you find yourself without a job, having an emergency fund with income for six to nine months can provide some financial wiggle room. Experts said that putting money aside in a high-yield savings account from an online bank...

3 Ways Experts Say You Can Stash Cash If You're Worried About Your Job

Federal Reserve Gov. Christopher Waller said the Federal Reserve should cut interest rates at its upcoming September meeting, as other officials also got behind the Fed taking action. New York Fed President John Williams and Chicago Fed President Austan Goolsbee also said it was time for the Fed to act...

Here's What Federal Reserve Officials Said After Friday's Jobs Report

Primis Bank has been offering a remarkable checking account that pays 6.00% APY. That's better than even the best CDs and high-yield savings accounts, which currently top out at 5.50%. Unlike a 6-month CD, which will impose a penalty if you cash out early, Primis' account allows unlimited withdrawals. The...

Earn a Guaranteed 6% on Your Cash for 6 Months—And Withdraw Anytime

Friday's report on the job market showed employers kept hiring in August, although not at a high enough rate to silence talk of a possible recession ahead. Economists found some encouraging data, some worrisome data, and plenty of mixed signals to debate about. On the positive side, the economy kept...

Does Job Market Weakness Signal a Recession is Coming? What Economists Say

Rates on 30-year new purchase mortgages fell again Thursday, to an average 6.17%. That's a big-enough drop to push the flagship average to its lowest level since early April 2023. Rates for most other new purchase mortgage rates also moved lower Thursday. National Averages of Lenders' Best Mortgage Rates. Loan...

Mortgage Rates Sink to New Low

Super Micro Computer shares fell Friday morning as analysts downgraded the stock amid uncertainty over its regulatory filings and concerns about how customers could respond. The server maker recently said it was delaying the filing of its annual report with the SEC to ensure its "internal controls over financial reporting" are effective.

There's No 'Clear Rationale' for New Investors to Buy Super Micro Stock: JP Morgan

Infrastructure company Core & Main missed profit and sales estimates as bad weather and macroeconomic conditions had an impact on its results. The supplier of pipes also cut its full-year guidance. Core & Main's stock dropped Wednesday, turning negative for the year so far. Shares of Core & Main (CNM),...

Infrastructure Firm Core & Main's Stock Drops After Results Miss Estimates, Outlook Cut

Shares of Dollar Tree were recently down nearly 20%—to levels not seen since 2015—after the company pulled back its financial outlook and reported disappointing quarterly results. Dollar Tree and rival Dollar General say their shoppers are facing a tough economic environment. Dollar Tree says it's holding up competitively,...

Why Dollar Tree Stock Is Down Nearly 20% Today

The VanEck Semiconductor ETF remains in the spotlight on Wednesday after tumbling more than 7% yesterday to register its largest daily percentage decline since March 2020 amid a broad-based selloff in chip stocks. A relief rally in the fund recently stalled at the 50-day moving average, with Tuesday’s drop taking...

Watch These SMH ETF Price Levels Amid Chip Sector Selloff

Major indexes ended sharply lower Friday after the eagerly anticipated August employment report underscored labor market weakness and spurred further debate about how aggressive the Federal Reserve will be when it starts cutting interest rates. The S&P 500 and the Nasdaq Composite lost 1.7% and 2.6%, respectively, as tech stocks...

Markets News, September 6, 2024: Stocks Tumble After Jobs Report, Led by Tech Selloff; Nasdaq Has Worst Week Since Early 2022

Inflation has fallen in recent months, while at the same time the labor market seems to be cracking under pressure. Federal Reserve officials, who are evaluating data as they consider cutting interest rates, have said they are shifting their attention to better prioritize keeping as many people employed as possible.

Why Labor Market Data Has Become The Focus For Investors And The Fed

As the best CD rates drift lower ahead of an essentially certain Fed rate cut on Sept. 18, today saw the 5-year term take a hit—with the top rate falling from 4.45% to 4.32%. You can still earn the nation's best overall rate of 5.35% from DR Bank, whose...

Top CDs Today, Sept. 5, 2024 - Best 5-Year Rate Moves Lower

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Denver, CO

David Heitz

A study by the self-storage company Storeganise ranks Colorado seventh in the U.S. for retail theft. It should come as no surprise as a Walmart in Aurora announced earlier this month that it is closing due to retail theft. Other locations, such as Central Park in Denver, have locked up an extraordinary amount of their merchandise. Customers now must find clerks to unlock products from cases and put them in a locked box to be unlocked at checkout.

Sticky fingers: Colorado ranks seventh in U.S. for retail theft, study shows

Broadcom's (AVGO) artificial intelligence (AI)-related outlook will be in investors' sights during the chipmaker's quarterly results after the bell; U.S. President Joe Biden reportedly is preparing to block Nippon Steel's $14.1 billion takeover of U.S. Steel (X); Verizon Communications (VZ) is buying Frontier Communications (FYBR) in an all-cash deal valued at $20 billion; Stellantis (STLA) temporarily pauses production of its top-selling Jeep Wrangler and Grand Cherokee sports-utility vehicles; and Tesla (TSLA) is planning to delay its Full Self-Driving (FSD) release in China and Europe until the first quarter of 2025. U.S. stock futures are little changed after markets closed mixed Wednesday. Here's what investors need to know today.

5 Things to Know Before the Stock Market Opens

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UiPath Stocks is Falling After Earnings and the Company Is Boosting Its Buyback Plan

UiPath beat profit and sales estimates on increasing demand for its artificial intelligence automation products. The software provider raised its full-year sales and annual recurring revenue...

UiPath Stocks is Falling After Earnings and the Company Is Boosting Its Buyback Plan

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