Finance

Caterpillar rides on strong pricing to beat profit estimates, shares rise By Reuters

By Shivansh Tiwary (Reuters) -Caterpillar beat Wall Street estimates for second-quarter profit on Tuesday, as higher prices on its larger excavators and...

Nvidia’s Jensen Huang didn’t get hurt in the selloff—he sold $360 million in stock before it declined

On a near-daily basis, billionaire entrepreneur Jensen Huang is selling hundreds of thousands of shares in his company, Nvidia. Huang’s selloff strategy was put...

A big complication for global markets

The Nikkei 225 recovered Tuesday, up 10.2%, following a drop of 12% on Monday. That drop, the worst drop for the Japanese stock...

Sharpie-maker Newell moves more operations from China as tariffs loom By Reuters

(Clarifies Newell is moving some kitchen appliance production out of China) By Jessica DiNapoli NEW YORK (Reuters) -Sharpie pen maker is...

Wall Street is rebounding from its worst day in years

NEW YORK (AP) — U.S. stocks are bouncing back, and calm is returning to Wall Street after Japan’s market soared earlier Tuesday to...

Starboard pushes Autodesk board to weigh CEO change, cost cuts

Autodesk president and CEO Andrew Anagnost in June 2017.CNBCActivist investor Starboard Value has been engaging with the board of Autodesk, continuing its push...

TMTC Stock Soars to All-Time High, Reaching $11.11 By Investing.com

In a remarkable display of market confidence, TMT Acquisition Corp. (TMTC) stock has soared to an all-time high, reaching a price level of...

Bitcoin miner Core Scientific expands CoreWeave deal to $6.7 billion

In January, U.S. bitcoin miner Core Scientific was bankrupt and battling angry lenders. Since its return to the stock market that month, the share...

Intermediate Capital stock upgraded to Buy by Deutsche By Investing.com

Deutsche Bank has raised its rating on shares of Intermediate Capital Group (ICP: LN) (OTC: ICGUF) to Buy from Hold, setting a price...
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