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Investing
More office zombies? Only 11% of maturing loans repay in September, Moody’s Analytics says
New financing for old office loans that Wall Street packed into bond deals years ago has been getting more scarce, according to Moody’s Analytics. It’s…
How a single year of Elon Musk turned Twitter into a husk of its former self
It’s been one year to the day since Elon Musk completed his purchase of Twitter for $44 billion and set the company, along with its employees…
Opinion: The stock market is looking for direction and there’s a hopeful sign just ahead
The stock market, as measured by the S&P 500 Index
SPX,
is testing its support level at 4200, which is also roughly the location of the 200-day Moving Average…
Intel cheers foundry wins, AI traction, and its stock is roaring after earnings
Intel Corp. shares were popping nearly 8% in Thursday’s extended session after the chip maker delivered a rosy forecast, while talking up new customers for…
UPS earnings fall as company warns of economic headwinds ahead
UPS reported sharply lower earnings in the third quarter and said it expects lower revenue and thinner profit margins ahead. But it cited a…
Opinion: Amazon’s AI talk is making Wall Street drool, but there seems to be a catch
Amazon.com Inc. investors were willing to look past a soft holiday-quarter outlook once executives spent the bulk of the company’s earnings call talking up…
US lawmakers question tax prep companies on sharing of taxpayer data with Big Tech platforms
A group of US lawmakers wants answers from tax preparation companies, including TaxAct and H&R Block, about whether they may be continuing…
Bitcoin had a nice rally, but don’t expect it to test all-time highs for at least a year
Welcome back to Distributed Ledger. This is Frances Yue, reporter at MarketWatch. Bitcoin
BTCUSD,
-0.45%
had an impressive rally this…
Maine mass shooting prompts news organizations to rapidly shift from the war abroad to the war at home
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media…
Amazon makes big progress on profits, and its stock heads higher
Amazon.com Inc.’s stock ended Thursday’s choppy after-hours trading about 5% higher as the technology’s profit progress appeared to overshadow a slight miss…