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A long-time market bear who called the 2000 and 2008 crashes warns the S&P 500 could plummet 64%, bursting a historic bubble

Jennifer DuBois -
Asset-bubble expert John Hussman has issued another dire warning: the S&P 500 could crash 64% from current levels.The famously bearish investor said extreme...
Business

PacWest agrees to combine with Banc of California

Jennifer DuBois -
PacWest (PACW) agreed to combine with smaller rival Banc of California (BANC), an all-stock deal that would end the independence of a regional...
Business

Alphabet’s longest-serving CFO Ruth Porat promoted, stock surges over 6% on earnings beat

Jennifer DuBois -
Alphabet and Google's Ruth Porat, the company's longest-serving CFO, is taking on a new role overseeing the company's "Other Bets" portfolio, which includes...
Business

AT&T’s Lead Issue Might Not Be Cleared Up on Earnings

Jennifer DuBois -
Business

Boeing Earnings Put Wall Street on Edge. Please, No Surprises This Time.

Jennifer DuBois -
Boeing Earnings Are Coming. Please, No Surprises. Source link
Business

Microsoft reports $20.1B quarterly profit as it promises to lead ‘the new AI platform shift’

Jennifer DuBois -
Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and...
Business

RTX Shares Sink as the Defense Contractor Deals with a Defective Engine Part

Jennifer DuBois -
Key Takeaways Shares of RTX, formerly Raytheon, plunged as the company revealed it is dealing with a defective engine part.The firm's Pratt & Whitney...
Business

Microsoft stock drops as Azure growth slows, earnings top estimates

Jennifer DuBois -
Microsoft (MSFT) reported fiscal fourth-quarter earnings on Tuesday that topped Wall Street's estimates for earnings per share and revenue.The tech giant reported Azure...
Business

Billionaire Leon Black is accused in lawsuit of raping autistic girl

Jennifer DuBois -
By Jonathan StempelNEW YORK (Reuters) - The billionaire investor Leon Black was sued on Tuesday by an autistic woman who says he raped...
Business

PacWest Stock Drops, Banc of California Shares Rise After Deal News

Jennifer DuBois -
Updated 29 min agoPacWest Stock Drops, Banc of California Shares Rise After Deal NewsByCandice Choi Source link
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