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Business

PE Firms Get Trapped in China After $1.5 Trillion Betting Spree

Jennifer DuBois -
(Bloomberg) -- Private equity firms that amassed more than $1.5 trillion of assets in China in just two decades are now struggling to...
Business

Electric-Vehicle Startup Fisker Misses on Revenue, Losses Expectations

Jennifer DuBois -
Electric-vehicle startup Fisker delivered a disappointing third quarter, missing analysts’ expectations on revenue and losses and leading the stock to tumble in after-hours...
Business

FTX Employee Recruited by Sam Bankman-Fried Wants $275,000 Bonus

Jennifer DuBois -
(Bloomberg) -- A former Jane Street trader recruited by Sam Bankman-Fried to assist in FTX’s charitable giving is fighting to get the rest...
Business

Fisker Sales, Earnings Miss Wall Street Estimates. The Stock Is Falling.

Jennifer DuBois -
Stock in electric vehicle start-up Fisker was down after reportingExternal link weaker-than-expected third-quarter numbers. What’s more, the company didn’t provide production guidance. The...
Business

Futures: 8 Stocks To Buy And Watch; CPI Inflation Report On Deck

Jennifer DuBois -
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were little changed ahead of Tuesday's open in overnight trade, as...
Business

This chart shows why millennials, the biggest generation in American history, will keep housing prices sky-high for years to come

Jennifer DuBois -
Despite mortgage rates that have more than doubled and sky-high prices, the housing market just keeps chugging along, avoiding the crash that some...
Business

Nvidia Shares Rise After Announcing Its Latest and Most Powerful AI Chip

Jennifer DuBois -
Key Takeaways Nvidia shares gained 0.6% Monday after the company announced the H200, its latest and most powerful graphics processing unit (GPU) to power...
Business

Stock market news today: Stocks close mixed as investors await key inflation data

Jennifer DuBois -
Morgan Stanley predicts S&P 500 to end 2024 at 4500Morgan Stanley's Mike Wilson sees stocks nearly flat in 2024.Wilson projects earnings growth in...
Business

WSJ News Exclusive | Chrysler Parent Stellantis Prepares to Offer Buyouts to U.S. Salaried Workers

Jennifer DuBois -
Updated Nov. 13, 2023 4:02 pm ETJeep maker Stellantis is preparing to offer buyouts to roughly half of its U.S. white-collar employees, as...
Business

Mark Cuban’s Investment Transforms Black-Owned Wine Company Wondry From $225,000 To $1.1 Million In Sales In Under A Year

Jennifer DuBois -
On a recent episode of ABC’s "Shark Tank," husband-and-wife duo Whitney and Chaz Gates revealed that their Black-owned wine label Wondry experienced a...
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