Category: United States

China has long dominated the world market for rare earth minerals, which are required components of many devices, including the one on which you are reading this article. This week Myra P. Saefong reported on how the global market for rare earth minerals has been changing, with China becoming less dominant, and highlighted the opportunity […]

Dear Quentin, I have a good friend whom I like very much. He is one of those people I feel very comfortable around, as if I have known him for years. It’s hard to make friends in New York. People have so little time for friendship after work, the gym, kickboxing classes, therapy, checking their […]

Dear Quentin, I wanted to share my experience with the current housing market and ask for advice on my next moves in a seemingly impossible situation. Let’s take a trip back to 2017. I was married at the time with three young children, and my then-wife and I were renters. We both worked the best […]

Data-server provider Super Micro Computer Inc. and footwear maker Deckers Outdoor Corp. will join the S&P 500 SPX stock index later this month, replacing Whirlpool Corp. and Zions Bancorporation, S&P Dow Jones Indices said Friday. Shares of both Super Micro SMCI, +4.54% and Deckers DECK, +0.86% rose after hours on Friday. Super Micro’s stock jumped […]

The numbers: Sales of new cars and trucks in the U.S. rose 5.4% in February, rebounding from a slow start at the start of the year and offering fresh evidence of the strength of the economy. Automobile sales increased at an annual rate of 15.8 million last month from 15 million in January, according to […]

“Streamflation” has been a hot topic with streaming subscribers recently amid a slew of price hikes by media companies like Walt Disney Co., which raised the price of its Disney+ and Hulu streaming services yet again in August. Yet escalating prices don’t seem to be scaring away consumers; in fact, they’re subscribing, and spending, more […]

Dell Technologies Inc. is becoming cool again, emerging as a beneficiary of the artificial-intelligence trend that has sent shares of chip stocks like Nvidia Corp. and Advanced Micro Devices Inc. soaring over the past year. Wall Street continues to look for AI plays that are already seeing the benefits of frenzied spending in their financial […]

New York Community Bancorp Inc. “is on its to own” to figure out its accounting and other issues as it gears up to update its financials in the coming weeks. That’s according to Citigroup analyst Keith Horowitz, after the regional bank disclosed “material weaknesses” in its accounting and other financial-reporting issues — news that sent […]

Dear Quentin, When we sold our late mother’s house last year for $ 600,000, the equity was supposed to be divided equally by us four siblings (around $ 146,000 each). In 1996, I borrowed $ 20,000 from my mother interest-free to help buy my condo. I promised to pay her back in two years.  I […]

Look out, Super Micro investors, as Dell is starting to cement itself as a major player in artificial intelligence in the computer-server and storage market. On Thursday, Dell Computer Inc. DELL, +1.51% and its quarterly results also overshadowed another rival, Hewlett Packard Enterprise Co. HPE, +2.49%, with bullish comments about AI-related demand that the company […]

Congress on Thursday approved a measure to avert a government shutdown, delaying key deadlines and buying themselves more time to finish a bigger funding agreement. Facing an end-of-the-week deadline, the House of Representatives passed a bill to temporarily fund one set of federal agencies through March 8 and another set through March 22. It quickly […]

Fisker Inc. shares fell more than 30% in extended trading Thursday after the EV maker said it was brokering a deal with an unnamed “large” carmaker as it seeks to remain in business, adding that there would be “substantial doubt” about its ability to do just so without a capital injection. The deal could include […]

Investment behemoth Vanguard said late Thursday that Chief Executive Tim Buckley will retire at the end of the year, and that its board has started a “comprehensive” selection process to evaluate both internal and external candidates. Buckley was named CEO in 2018 and has been at Vanguard for 33 years, having joined as a research assistant […]

Nvidia Corp. has just given the world the details of its historic financial year. Its reward: Expectations that the chip maker will accomplish something that has never been done before. When Nvidia NVDA, +2.18% wrapped up its fiscal year with an earnings report last week, the astounding numbers sent the stock to records and boosted […]

Coinbase COIN, -1.75% has resolved issues that led some of its users’ accounts to appear to have a $ 0 balance, the company announced, although a small number of customers may still experience issues. CEO Brian Armstrong said that “a large amount of traffic” to its platforms led to error messages for some users’ account […]

Viking Therapeutics Inc., the clinical-stage biotech that wowed investors this week with promising data from a mid-stage trial of its weight-loss drug, is bolstering its balance sheet by issuing new shares. The company, whose stock VKTX, +11.11% has gained an impressive 152.5% in the week so far, priced a $ 550 million offering of 6.47 […]

The boycott of Bud Light by U.S. consumers continues, its parent company Anheuser-Busch InBev reported Thursday. Revenue fell 17.3% in the U.S. during the fourth quarter, including a 12.1% decline in sales to retailers, primarily due to the volume decline at Bud Light, the company said. Sales in the U.S. have tumbled since transgender star […]

Apple shareholders rejected a proposal that would require the company to disclose its activities with artificial intelligence. The proposal, brought by AFL-CIO Equity Index Funds, would have required the company to generate a report on its use of AI in operations and to disclose any ethical guidelines adopted by the company. Apple AAPL, -0.66%, disclosing […]

Shares of Paramount Global Inc. were up after hours on Wednesday after the media and entertainment giant reported a surprise adjusted quarterly profit, as higher subscription prices fattened sales for its Paramount+ streaming platform. Adjusted for impairments and restructuring, the company — which also oversees CBS, Comedy Central and Pluto TV — reported a per-share […]

Shares of WW International Inc., better known as Weight Watchers, tumbled after hours on Wednesday, as the weight-loss platform said Oprah Winfrey planned to leave its board and donate her stake in the company after revealing that she used a weight-loss drug. Weight Watchers WW, +4.52% said in a statement that Winfrey had decided not […]