Market
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IBM logs a large earnings beat, sending its stock higher
The CEO called out growth in the company’s book of business for generative AI. Source link
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Lamb Weston’s stock dives as fewer people go to restaurants, buy frozen potatoes
Shares of Lamb Weston Holdings Inc. plunged toward a record selloff Wednesday, after the frozen potato seller missed fiscal fourth-quarter…
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Bausch Health responds to rumors, says it is not considering bankruptcy
Shares of Bausch Health Cos. plunged to a 19-year low intraday on Wednesday, compelling the Canada-based drug and medical-device company…
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Disneyland reaches tentative labor agreement with union workers, avoiding strike
Unionized workers at Disneyland have reached a tentative labor agreement with their employer Walt Disney Co., an employee bargaining committee…
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OneStream IPO jumps 30% after pricing above its estimated range
KKR-backed cloud-services provider for chief financial officers raises $490 million. Source link
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Oil prices climb as U.S. data show crude supplies down a fourth straight week
Oil futures climbed Wednesday, with U.S. benchmark prices looking to score their first gain in five sessions, after official U.S.…
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U.S. economy shakes off summer heat and expands faster, S&P finds
The U.S. grew faster in July, a pair of S&P surveys found, in a sign the economy is still holding…
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AMC’s debt restructuring bodes well for box-office recovery, says Benchmark
AMC Entertainment Holdings Inc.’s debt restructuring this week puts the movie-theater chain and original meme stock in a good position…
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Pfizer announces positive results from late-stage trial of hemophilia A treatment
The trial aimed to help people living with hemophilia benefit from a single infusion that would allow them to produce…
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AT&T earnings bring beats on these two key numbers
AT&T topped expectations on postpaid phone subscriber growth and free cash flow for the second quarter. Source link
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