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- Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
Warner Bros. Discovery has sued the NBA in an effort to keep distributing the league's games, after it chose NBCUniversal and Amazon as new media partners.
- ‘I’ve no heirs’: I’m 65 and have a $650,000 house with a $50,000 mortgage, and own two rentals. I only have $100,000 in the bank. Should I release that equity?
A reader has no heirs and is ready to enjoy life, but all their money is tied up in properties.
- Age-proofing your résumé? New law helps job applicants hide their age.
Job hunting is never easy, and that’s especially true for older workers. But a new law that went into effect in Colorado on July 1 could give more experienced job seekers a leg up.
- The No. 1 enemy of your 401(k) plan may be you
Here’s the truth about the portfolio strategy you might be following.
- FAA approves SpaceX to resume Falcon 9 rocket launches after two-week hiatus
The FAA approved SpaceX to resume flights of its mainstay Falcon 9 rocket after being grounded about two weeks ago following a rare inflight failure.
- Olympians’ families turn to GoFundMe in a race to get to Paris: ‘How would we miss this?’
Families of Olympic athletes are working against tight timelines and high expenses for a once-in-a-lifetime opportunity at the Paris Games.
- Apollo Global Management to acquire gaming companies IGT and Everi in $6.3 billion deal
Apollo will buy both gaming companies, which had agreed to a merger deal in February.
- Apollo Global Management to acquire gaming companies IGT and Everi in $6.3 billion deal
Apollo will buy both gaming companies, which had agreed to a merger deal in February.
- This bank cut the 5.25% yield on its 1-year CD. Where to find compelling rates
Several banks are trimming back yields on savings products well before the Federal Reserve cuts rates.
- WNBA hopes to cash in on rising popularity with media rights reevaluation after 2028 season
The WNBA and its media partners have agreed to reevaluate the cost of rights after the 2028 season given the league's rising popularity.
- Gold’s losses this week have left the metal ‘bent but not yet broken’
Gold futures ended higher on Friday, but tallied a second weekly loss in row as the precious metal got caught up in the broad drop in risk assets after climbing last week to fresh record-high prices.
- Gold’s losses this week have left the metal ‘bent but not yet broken’
Gold futures ended higher on Friday, but tallied a second weekly loss in row as the precious metal got caught up in the broad drop in risk assets after climbing last week to fresh record-high prices.
- Nvidia could be on the verge of a massive technical sell-off, chart analyst warns
Nvidia has struggled in July and could have further downside, according to Raymond James.
- DexCom’s stock is headed for its worst selloff ever. Not everyone thinks it’s justified.
Shares of DexCom Inc. tumbled more than 40% on Friday and were headed for their worst percentage drop on record, a day after the maker of diabetes-management equipment shocked investors with a cut to its sales forecast that heightened concerns about growing global competition and the company’s prospects overall.
- DexCom’s stock is headed for its worst selloff ever. Not everyone thinks it’s justified.
Shares of DexCom Inc. tumbled more than 40% on Friday and were headed for their worst percentage drop on record, a day after the maker of diabetes-management equipment shocked investors with a cut to its sales forecast that heightened concerns about growing global competition and the company’s prospects overall.
- Charles Barkley: NBA took ‘money over the fans’ by choosing Amazon. Now TNT is suing.
The NBA signed a $76 billion TV deal with Disney, NBC and Amazon, leaving TNT without any NBA games for the first time since 1988.
- Charles Barkley: NBA took ‘money over the fans’ by choosing Amazon. Now TNT is suing.
The NBA signed a $76 billion TV deal with Disney, NBC and Amazon, leaving TNT without any NBA games for the first time since 1988.
- Stocks Climb as Fed Bets Rekindle Broadening Trade: Markets Wrap
- Colgate-Palmolive’s stock boosted by earnings beat as company backs guidance
All operating divisions achieved volume growth in the latest quarter, CEO says.
- Colgate-Palmolive’s stock boosted by earnings beat as company backs guidance
All operating divisions achieved volume growth in the latest quarter, CEO says.
- Disney is among the most oversold stocks on Wall Street. Here are the others
Several companies appear oversold this week and could be due for a rebound after a wild week on Wall Street.
- Analyst Report: Celestica Inc
- Analyst Report: Unilever PLC
- Analyst Report: AbbVie Inc
- Why Bristol Myers Squibb Jumped Nearly 10% on Friday
- Mohawk Industries’ stock rallies as flooring-products maker draws upgrade on boosted profit view
Mohawk Industries Inc.’s stock jumped 16% on Friday after the maker of flooring products said it would beat analyst estimates for its third quarter and revealed plans to cut more costs, and after drawing an upgrade to buy from hold from BofA Securities.
- Mohawk Industries’ stock rallies as flooring-products maker draws upgrade on boosted profit view
Mohawk Industries Inc.’s stock jumped 16% on Friday after the maker of flooring products said it would beat analyst estimates for its third quarter and revealed plans to cut more costs, and after drawing an upgrade to buy from hold from BofA Securities.
- Consumers’ financial health suffers when sports betting is legalized, new research shows
The easier the access, the more the harm
- Market Update: CLS, DTE, LAZ, SKX, UL, ABBV
- Beware of bears selling shorts
If Elon Musk tweets about a stock – GAMESTONK! – are you required to rush out and buy it? Are you required to speculate on it with a lot of money that you can’t afford to lose?
- Why ‘dog days’ of summer can be harsh for these bonds
Trading activity in U.S. corporate bonds tends to dry up in late summer, according to Barclays.
- ‘I’m having panic attacks’: My ex-husband emptied our joint bank accounts, hacked into my email and stole my life savings. Do I have any recourse?
“I’m working with the fund manager, as I found some emails where he pretended to be me on some forged documents.”
- Suze Orman Reveals The One Expense You Must Cut In Retirement – 'The Very Last Thing I Would Think About Doing Is ...'
- 'Deadpool & Wolverine' snares $38.5 million in Thursday previews, on pace for record opening
Disney and Marvel's "Deadpool & Wolverine" snared $38.5 million in Thursday previews.
- 3 Surprisingly Underrated Stocks to Buy Right Now
- DexCom Stock Plunges 40% After Earnings. GLP-1s Weren’t the Problem.
- Value stocks are fueling the small-cap rebound, and these ETFs are outperforming
Funds that focus on cheap stocks are beating the Russell 2000 in July.
- Charlie Munger Said 'The Point Of Getting Rich Is So You Don't Have To Get Along With Other People' – He Wanted The Independence, Not The Ferraris
- These stocks have strong earnings momentum heading into next week
Some names reporting next week, including Amazon and T-Mobile, could be a bright spot in the broader market after a rough week.
- Wake-Up Calls Still Ringing For Nvidia, Google, Meta And More
- Bristol Myers Squibb beats earnings estimates, raises outlook as drugmaker slashes costs
The results come as Bristol Myers moves to cut $1.5 billion in costs by 2025 and reinvest that money into key drug brands and research and development programs.
- The tech sell-off may not be over. Here's an options trade to capitalize on the trend—with protection
The Nasdaq-100 has seen significant profit taking as many investors have trimmed their exposure to the Mag 7.
- Apple’s AI iPhone Could Take the Stock This High.
- Why DexCom Stock Is Crashing Today
- Dave Ramsey's Tough Advice For Woman Making $11,500/Month: 'Live Like No One Else So Later You Can Live And Give Like No One Else'
- US Accuses Short-Seller Andrew Left of Securities Fraud
- Sales of $100 million homes set to double this year as trophy properties recover
The comeback marks a stark contrast with the national housing market, which is still feeling the pressure of high mortgage rates and lack of supply.
- Why stocks could be nearing a 10% correction
- What Ford Needs To Do To Fix Its Stock. (And Why It Won’t Do It.)
- Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut
The PCE price index was expected to increase 0.1% in June and 2.5% from a year ago.
- Jim Cramer Says A Consumer Rebellion Is Coming, That Could Be Good News For These Dividend Stocks
- Forget AMD: 2 Tech Stocks to Buy Instead
- Dexcom Stock Crashes 39% After Slashing Its Guidance On A 'Painfully Self-Inflicted' Quarter
- Paris Olympics is the latest test of whether sports can win subscribers for NBC's Peacock
NBCUniversal is betting the Paris Olympics will drive viewership across its TV platforms and drive more subscribers to its streaming service, Peacock.
- Kevin O'Leary Warns Against Retiring Early And Says You Won't Understand It Yet, But 'Work Defines Who You Are'
- Frank Cappelleri on using charts to successfully navigate the markets
For Frank Cappelleri, technical analysis — reading charts to identify patterns in stocks and other assets — is not an art or a science.
- Warner Bros. Discovery is counting on deregulation to unlock media deals — if there's even appetite
In the last five years, every large media merger has led to tens of billions in lost value for shareholders.
- LVMH CEO Bernard Arnault says Olympics sponsorship honors the spirit of France
The LVMH sponsorship is on display throughout the 2024 Paris Olympic Games, which officially kicks off on Friday.
- Fed's preferred inflation gauge shows prices rose at slowest pace since March 2021
- These States Don't Tax Your Retirement Income
- Can I Live Off The Interest of a $1 Million Portfolio?
- Friday's analyst calls: Apple a buy ahead of earnings, food delivery stock to surge more than 60%
Apple and a food delivery stock were among the names being talked about by analysts on Friday.
- Is Eli Lilly Stock A Sell On A Second Stumble In Obesity Treatment?
- Southwest to get rid of open seating, offer extra legroom in biggest shift in its history
Southwest is under pressure to drum up revenue from an oversupplied U.S. market and an activist investor.
- Why Super Micro Computer Stock Is Plummeting This Week
- Cash Crash: All-Cash Offers Tumble As Housing Market Shifts
- VW and QuantumScape partner for solid-state batteries
- Down 94% From Its High, Is This Growth Stock Finally a Buy?
- 1 Phenomenal Stock That Could Join Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club
- SOUN vs. AI: Which AI Stock Is the Better Buy?
- GM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed
The ZR1 joins what GM is calling the "Corvette family," leveraging the reputation of the quintessential American sports car to boost revenue and sales.
- Boeing's crewed Starliner flight won't return until at least August, NASA says
Starliner capsule "Calypso" has now been in space 50 days and counting on a mission that has extended well beyond what NASA projected.
- U.S. economy grew at a 2.8% pace in the second quarter, much more than expected
Gross domestic product in the second quarter was expected to show a 2.1% annualized increase.
- How This Retired NBA Player Invested His Way To A Net Worth Of $600 Million: Hint, It's Not Magic Johnson, Shaq, or Jordan
- How much money should you keep in a savings account?
- Lilly loses $120 billion in value as rival obesity drugs impress
- Ford shares post worst day since 2008, leading autos rout after company's disappointing earnings
Ford closed Thursday at $11.16, down by 18.4% — marking the stock's worst daily decline since 2008 and the second-worst performer of S&P 500 companies.
- Southwest profit falls 46% as airline takes 'urgent' steps to increase revenue
Southwest is under pressure from an activist investor after it lagged competitors.
- Viking Therapeutics stock jumps nearly 30% after drugmaker moves weight loss injection to late-stage trial
It brings the drugmaker one step closer to joining the market for GLP-1s, which analysts say could grow into a $150 billion market by the end of the decade.
- These stocks have strong balance sheets as broader market sells off
Wolfe Research shared its latest list of stocks with high free cash flow.
- Why Ford Motor Company Stock Crashed 17% Today
- 'Deadpool & Wolverine' set for highest opening of an R-rated film
Disney and Marvel's "Deadpool & Wolverine" is expected to shatter box office records and become the highest opening film with an R-rating.
- $1,000 A Week In Dividends, Redditor Shares Passive Income Secrets
- These companies offer attractive — and secure — dividends, Bank of America found
Dividend payers are expected to rise once the Federal Reserve cuts rates, but investors will need to be picky about these stocks.
- Inside JD Vance’s Short-Lived Career as a Venture Capitalist
- Hedge fund manager Dan Niles says it's too early to buy beaten-up megacap tech stocks
Hedge fund manager Dan Niles sees this week's tech sell-off as confirmation the trade is in significant trouble.
- This timber ETF could be on the verge of a breakout, Wolfe Research says
A small thematic fund is in an uptrend that could break through a multiyear resistance level, according to Wolfe Research.
- Cathie Wood's Ark Invest bought the dip in Tesla and CrowdStrike after big sell-offs
Wood doubled down on her favorite tech stocks.
- 3 dividend-paying stocks with attractive charts as broader market struggles
When the major market averages begin to struggle, investors are often best served by looking for high dividend payers in defensive sectors.
- Hasbro beats second-quarter estimates, goes 'all in' on digital gaming segment
Though Hasbro's revenue declined 18% overall during the quarter, Wizards of the Coast and the digital gaming segment grew 20%.