1:38 PMStocks2 min read
Gabelli Fund Gives Sony 5.1% Portfolio Weight
The fund’s second-quarter letter points to Sony’s reach across gaming, music, film and image sensors as the case for holding the stock.
Markets news
Stocks, crypto, commodities and the economy. Short, sourced stories, updated around the clock.
74 stories in the last 24 hours
Updated 4:37 AM (Times shown in New York time (ET))
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Page 28 of 42 · 997 stories
Wednesday, September 2324 stories
- 1:37 PMStocks2 min read
Fastly Slides After Investor Day Despite 138% Year-to-Date Gain
The selloff followed ambitious 2029 targets, while recent growth and new AI security products offer investors reasons to keep watching.
- 1:36 PMEconomy2 min read
A 39-Year-Old’s $200,000 Nest Egg Faces a $1.46 Million Goal
A national retirement target is a survey response, not a personal deadline; savings rate, spending and investment returns change the math.
Northwestern MutualFidelity InvestmentsSocial Security - 1:25 PMEarnings2 min read
Worthington Sees Data-Center Cooling Sales Match Last Year’s Total
Fiscal first-quarter sales rose 13%, while management flagged steel constraints and refrigerant-related inventory adjustments as near-term pressures.
- 1:25 PMStocks2 min read
Bank of America Sets Wealth and International Growth Targets
Co-President Jim DeMare cited a resilient U.S. economy as the bank pursues wealth, overseas banking and AI-driven productivity.
BACMerrill - 1:24 PMEarnings1 min read
Cracker Barrel Sees Turnaround Progress, Sets Fiscal 2027 Growth Target
Quarterly adjusted profit rose as Cracker Barrel reported better retail sales and outlined a plan to lift restaurant sales next year.
- 1:23 PMEarnings1 min read
NBPE Posts 1.9% First-Half NAV Return as Exits Pick Up
The listed private-equity investor reported double-digit portfolio growth and $150 million in announced realizations through June.
NBPE
- 1:22 PMStocks1 min read
Starbucks Targets 9,000 Cafes in $1 Billion Turnaround Bet
The renovation push follows a sharp sales rebound, but Starbucks must convert busier stores into sustained profits.
- 1:21 PMMarkets1 min read
Seven Quiet-Wealth Habits Put Spending Discipline Ahead of Flash
Moneywise’s playbook favors practical cars, tax planning and diversified income, while survey data points to a gap in financial-planning confidence.
- 1:12 PMEconomy1 min read
ICAEW Says Proposed Share-Capital Tax Rules Could Curb Growth
The accountants’ body warns planned changes may complicate buybacks and dividends, and urges the government to target tax avoidance another way.
ICAEWHM Revenue & Customs - 1:11 PMStocks2 min read
Ford Commits $1 Billion to Upgrade Its Kentucky Truck Plant
The paint-shop project backs a major U.S. factory as Washington questions Ford’s links to Chinese battery and auto companies.
- 1:11 PMAI & Tech1 min read
DoubleVerify’s AI Push Continues as Nielsen Buyout Awaits Approval
New AI tools are expanding DoubleVerify’s offering, but Nielsen’s $13.60-per-share deal puts a deadline on its standalone growth story.
DVNielsen - 1:02 PMAI & Tech1 min read
Alvys Takes Over LoadOps Customers as Optym Refocuses on LoadAi
The companies are moving LoadOps accounts to Alvys, while Optym retains its load-planning software and shifts resources toward optimization tools.
AlvysOptymLoadOpsLoadAi - 1:02 PMMarkets1 min read
Noble Says AI Boom Combines Dot-Com Excess With Credit Risk
The former Fidelity manager questioned whether AI returns can justify spending, as lenders prepare for another surge in borrowing.
- 1:01 PMCommodities1 min read
Oil Futures Rise After Five-Day Slide as Supply Risks Shift
Brent and WTI edged higher as traders weighed revived U.S.-Iran diplomacy against improving Middle East oil flows and rising U.S. inventories.
- 12:52 PMStocks2 min read
Polaris Keeps Alibaba as AI Growth Meets China Risks
The investor held Alibaba through June despite China weighing on returns, while new AI plans sharpen the opportunity and the spending risks.
BABA - 12:51 PMAI & Tech1 min read
DataSnipper Launches Alwin to Automate Full Audit Workflows
The new platform uses AI agents to handle multi-step audit work, while keeping evidence trails and human review in place.
DataSnipperAlwinCROP Accountants & AdvisersRehmann - 12:51 PMCrypto1 min read
Binance Buys $100 Million Circle Stake in Five-Year USDC Deal
The exchange bought 1.24 million Circle shares and agreed to promote USDC across its platform under a renewed commercial partnership.
- 12:42 PMStocks1 min read
McDonald’s Pledges $8.5 Billion for Restaurant Upgrades
The decade-long support plan backs franchisee renovations and technology, as McDonald’s seeks stronger sales and more efficient restaurant operations.
- 12:42 PMStocks1 min read
Piper Sandler Cuts Cisco Target to $125 on Growth Concerns
The analyst kept a Neutral rating as Cisco shares fell 4.5%, despite strong recent results and a sizable AI-revenue forecast.
- 12:41 PMStocks2 min read
McDonald’s Sets $8.5 Billion Plan as Burger King Gains Ground
The chain will back restaurant upgrades and pursue chicken growth after U.S. sales trailed Burger King’s sharply in the second quarter.
- 12:30 PMMarkets2 min read
Tech Shares Pull Back as Yields Near 5% and Oil Rebounds
Technology stocks retreated after recent records as higher Treasury yields and crude prices revived inflation worries and put focus on Washington’s next moves.
- 12:30 PMCrypto1 min read
Grant Cardone Offers 10 Bitcoin for Jet Buyer Who Closes
The real estate investor says a successful introducer must bring the buyer directly to his team and help complete the $80 million sale.
- 12:29 PMEconomy1 min read
Bessent Highlights Blue-Collar Pay Gains as Real Hourly Wages Slip
His manufacturing and construction figures measure gains since January 2025, while national data show real hourly pay fell over the past year.
Scott BessentU.S. Treasury