WeightWatchers CEO sends internal memo to employees as stock plummets amid Oprah exit
WeightWatchers CEO Sima Sistani sent a memo to employees trying to reassure them as the company's stock continues to suffer following the news that Oprah Winfrey is leaving the board.
Dollar Tree to close around 1K Family Dollar stores
Dollar Tree announced on Wednesday that it plans to close nearly 1,000 U.S. Family Dollar stores after reporting quarterly results that missed Wall Street expectations.
What are the 'Magnificent Seven' stocks? Nvidia, Meta, Apple and other companies part of the group
The "Magnificent Seven" stocks are top performers that have huge influence on the U.S. stock market. Apple, Microsoft, Meta and others are part of the group.
Google's Gemini debacle a make-or-break moment, analyst says
Google's bungled rollout of its new AI tool Gemini could lead to the company's "destruction or its resurrection," according to an analyst's report published Wednesday.
Who is Michael Burry? 'The Big Short' investor who predicted the housing market crash
Michael Burry is the investor who predicted the 2008 stock market crash and was portrayed in the film "The Big Short." He is best known for shorting the stock market.
Target's earnings surge despite holiday sales dip, sees sales recovery in 2024
Robust Black Friday and Cyber Monday spending helped drive holiday-quarter sales, the company said, and shoppers gravitated to newly launched collections.
NYCB stock plummets as bank replaces CEO, cites 'material weakness'
The regional banking sector is staring down another potential crisis after New York Community Bank disclosed "material weakness" related to the company's internal controls.
Bud Light remains drag on parent company as Dylan Mulvaney hit lingers
Anheuser-Busch InBev continues to suffer from the boycott against its Bud Light brand nearly a year after its controversial partnership with transgender influencer Dylan Mulvaney.
Stuart Varney: BP exec's husband guilty of insider trading after eavesdropping on wife's merger deal
FOX Business' Stuart Varney discusses the case of Tyler Loudon who pleaded guilty to securities fraud related to insider trading after eavesdropping on his wife's work calls.
This high school junior bought 3 stocks when she was 14 years old, then purchased a Tesla
High school junior Sophia Castiblanco discusses how she started investing at a young age and reveals the three stocks that helped her purchase a Tesla.
Walmart's 3-for-1 stock split: What to know
Walmart's three-for-one stock split will give more investors and employees the ability to buy full shares of the company, and it goes back to founder Sam Walton's mission.
Biden bull market story of soaring stocks isn't all it's cracked up to be
President Joe Biden claim that the strong stock market performance we've been seeing is due to his leadership. Let's unpack that boast and get to the real story.
Nvidia nabs $2T valuation, S&P and Dow hit records with Nasdaq close behind
Nvidia is the gift that keeps on giving for stock investors after the chipmaker cemented its lead in the AI revolution, helping send U.S. stocks to record highs.
Walmart to acquire Vizio for $2.3B, sales outlook, dividend lift shares
Walmart proposed to buy Vizio for $11.50 per share, a premium of 47% to the company's closing price of $7.82 as of Feb. 12, the day before reports about deal talks emerged.
First Paramount, now Apple. Warren Buffett's Berkshire sells shares of tech giant
Berkshire Hathaway dumped a small portion of its Apple shares. The fourth-quarter selloff involved 10 million of the tech giant's stocks, an SEC filing showed.
Warren Buffett's Berkshire Hathaway dumps millions of Paramount shares
Berkshire Hathaway, the conglomerate run by billionaire investor Warren Buffett, offloaded about 30.4 million shares from its investment in Paramount Global.
Inflation driven Dow plunge is worst in 11 months
U.S. stocks took a beating after a hotter than-expected-inflation report sent investors scrambling and questioning whether future rate cuts are now off the table.
S&P 500 hits 5,000 for first time; Microsoft topples Apple as world's largest company
The S&P 500, the broadest measure of the stock market, has never been higher as it cinched its first 1,000-point milestone since April 2021 but skeptics question it's sustainability.
Meta’s new dividend adds $200B in value; Zuckerberg nets $29B in 1 day
Facebook parent Meta is recording the biggest one-day jump in market value for a U.S. company after the tech giant announced it will pay its first quarterly dividend.
Top House Dem faces renewed ethics complaint over wife's $1.5M stock payday
The Center for Renewing America, a conservative policy group, has filed an ethics complaint against Rep. Jamie Raskin, D-Md., for failing to disclose his wife's stock trades.