Company News

Follow the companies making headlines and moving markets here.
Alcoa headquarters in Pittsburgh, PA
Alcoa Stock Slides After $2.2 Billion Takeover Offer for Alumina—Key Price Levels to Watch
Broadcom logo on a mobile phone screen
Broadcom Stock in Focus Amid Possible $3.8 Billion Software Unit Sale—Key Levels to Watch
The Reddit app on a smartphone.
4 Key Takeaways From Reddit's IPO Filing
Carvana vending machine
Carvana Stock Surges After Reporting First Annual Profit, Bullish Outlook
The Reddit app in the Apple App Store on an iPhone
Reddit Files for Initial Public Offering on NYSE
Wayfair Inc. logo displayed on a smartphone
Wayfair Benefits From More Customers, Cost Cuts; Stock Rises on Earnings
Synopsys sign at HQ in California
Synopsys Stock Soars To a Record High as AI Boom Drives Bullish Outlook, Earnings Beat
The Apple company logo hangs above an Apple retail store.
Apple Boosts Sports Play With a Real-Time Scores App For iPhone
Nvidia headquarters in Santa Clara, California
Nvidia Stock Drops Ahead of High-Stakes Earnings Report
Walmart
4 Key Takeaways From Walmart's Earnings Call
Captial One bank location
Capital One's $35.3B Discover Deal Would Be Fifth-Largest Bank Merger in US History
Capital One branch in New York City
Capital One-Discover Merger Could Shake Up Credit Card Market, Dethrone JPMorgan
Macy's store on Herald Square in New York City
Activist Investor Launches Proxy Fight for Macy's
Sign outside a Barclays bank branch in London
Barclays Stock Soars as Bank Shakes Up Organization, Plans Cost Cuts and Stock Buybacks
Capital One logo on sign outside corporate headquarters
Capital One To Acquire Discover Financial For $35.3 Billion
Jeff Bezos at the Formula One Grand Prix of Miami in May 2023
Why Jeff Bezos Sold $6 Billion of Amazon Stock This Week—It's All Part of a Plan
New York Community Bank (NYCB) headquarters in Hicksville, New York
Einhorn's Greenlight Capital Bought into Regional Lenders NYCB, First Citizens in Q4
Renesas building
Japanese Tech Firm Renesas to Acquire Australian Software Company Altium for $5.9 Billion
Bill Ackman
Bill Ackman's Pershing Square Sold Most of Its Stake in Lowe's as DIY Spending Slowed
Warren Buffett
Buffett's Berkshire Hathaway Trimmed Positions in HP, Apple, and Paramount Global in Q4
A Nvidia sign on an office building.
What You Need to Know Ahead of Nvidia's Earnings Report Wednesday
SentinelOne Inc. logo shown on a smartphone
SentinelOne Stock Rises After Bank of America Upgrade, New Price Target
Marriott International Inc. sign outside its headquarters in Bethesda, Maryland
Marriott International's U.S. Business Slows After Post-Pandemic Peak
Temu logo on a mobile phone
PDD Holdings Stock Gets a Bump from Temu's Super Bowl Commercials
Gilead Sciences Inc. headquarters in Foster City, California
Why Gilead Sciences Is Buying CymaBay Therapeutics for $4.3 Billion
AbbVie
AbbVie Cuts Its Guidance on ImmunoGen Deal
Tod's presentation at Milan fashion week
Founding Family, Private Equity Firm Offer to Take Luxury Shoemaker Tod's Private
Tesla cars
Tesla Stock in Focus After Price Cuts to Several Model Y Vehicles—Key Levels to Watch
A ship transits the Suez Canal towards the Red Sea on January 10, 2024 in Suez, Egypt.
Companies Are Feeling the Business Impact of Conflict in the Middle East
Masonite factory
Owens Corning Buys Door Maker Masonite International for $3.9 Billion
Expedia logo on smartphone.
Expedia Stock Drops After Mixed Q4 Results, Announcement of CEO Change—Key Level to Watch
The Disney logo outside of a store.
What We Learned From Disney's Earnings Report and News Deluge
JPMorgan Chase
Why JPMorgan Chase Is Banking on Opening 500 New US Locations
A Chevrolet Bolt EV charging.
GM Strikes $18.8B Deal With LG Chem Securing Enough Materials to Produce 5 Million EVs
New York Community Bank (NYCB) headquarters in Hicksville, New York
New York Community Bank’s Commercial Real Estate Loan Problem May Be Isolated, Experts Say
The Boeing logo is seen on the side of a Boeing 737 MAX.
Boeing Jet Involved in Alaska Airlines Incident Was Missing Four Bolts, Regulator Says
A detail view of an ESPN Monday Night Football NFL logo is seen on a tv camera in action during a game between the San Francisco 49ers and the Baltimore Ravens at Levi's Stadium on December 25, 2023 in Santa Clara, California.
ESPN, Fox, and Warner Bros. Discovery Team Up to Offer Joint Sports Streaming Service
The DocuSign logo on a laptop.
DocuSign Stock Falls Amid Third Round of Layoffs in Two Years
Novartis
Novartis to acquire German Biotech MorphoSys for $2.9B, Expanding Cancer Drug Pipeline
Elon Musk, owner of Tesla and the X (formerly Twitter) platform, attends a symposium on fighting antisemitism.
Tesla Stock Approaches 8-Month Low Amid Scrutiny of Directors' Ties to Musk
Catalent facility in Italy
Novo Nordisk Parent Buys Catalent in $16.5 Billion Cash Deal
ExxonMobil gas station
Bumper Earnings at ExxonMobil, Chevron Boosted By US Oil Production
A customer with an Apple Vision Pro mixed reality (XR) headset at the company's store in Palo Alto, California, US, on Friday, Feb. 2, 2024.
Apple's Vision Pro VR Headset Now Available In Stores—Can It Beat Meta's Quest?
US President Joe Biden and Intel CEO Pat Gelsinger attend ceremony at the groundbreaking of the Intel semiconductor manufacturing facility near New Albany, Ohio in September 2022.
Intel Won't Meet Goal of Finishing Construction on $20 Billion Ohio Chip Project in 2025
Signage outside Meta headquarters in Menlo Park, California, US, on Thursday, Feb. 1, 2024.
Meta Added $205B in Market Cap Friday. Let’s Put That in Perspective
Bristol Myers Squibb
Bristol Myers Squibb Tops Earnings Estimates, Boosted by New Drug Sales
A Tesla car on the lot of a dealership.
Why Tesla Is Recalling Nearly 2.2M Vehicles, Almost All Its Cars Sold in the US
Elon Musk
Why Elon Musk Wants a Shareholder Vote To Move Tesla's Incorporation To Texas
Marc Steinberg, senior portfolio manager at Elliott Management
Etsy's Board Adds Elliott Partner as Activist Investor Takes Big Stake
Polestar
Volvo Pulls Funding From Polestar, Marking Latest Setback for EV Industry
The Paypal logo on a sign outside of the building.
PayPal Plans to Cut 9% of Workforce, Adding to Wave of Tech Layoffs
Tesla CEO Elon Musk at an event.
Why Elon Musk's $55.8 Billion Compensation Package From Tesla Was Struck Down by Judge
Paramount logo on a building in Hollywood, California
Paramount Stock Jumps on $30 Billion Byron Allen Buyout Offer
Boeing 737 Max
Boeing Suspends Its Guidance Amid 737 Max Fallout, Posts Narrower Q4 Loss
Taylor Swift performs onstage during "Taylor Swift | The Eras Tour" at State Farm Stadium on March 18, 2023.
Taylor Swift's Label Universal Music Group Ends License Agreement with TikTok
Walmart Store
Walmart to Split Stocks in Bid to Boost Employee Ownership
Aramco oil drums at the Bahrain International Circuit February 2023.
Saudi Aramco Halts Plan to Raise Production Capacity
Tesla charges
Tesla Stock Rises as EV Maker Unveils Big Spending Plans on Various Projects, Including AI
Holcim logo in a sign outside German factory
Holcim To Spin Off North American Unit With US Listing Valued at $30 Billion
Microsoft logo displayed on their building on 8th Avenue in New York City.
What You Need To Know Ahead of Microsoft's Earnings on Tuesday