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Wednesday’s Market Snapshot: Here Is What You Need To Know Right Now

The S&P 500 Index rose 0.8% set to extend a gaining streak together with the Nasdaq Composite Index, which climbed 1.

Nordstrom Drops 5% On Larger Quarterly Loss As Analyst Says Stock Valued

Shares in Nordstrom are down more than 5% in the pre-market session as the company reported a bigger quarterly loss than expected amid …

Bed Bath Cuts 2,800 Jobs In Reshuffle To Boost Online Sales

Bed Bath & Beyond said it will cut its workforce by 2,800 employees to generate $150 million in cost savings as the retailer …

HP Enterprise Pops 6% After Quarterly Profit Tops Estimates

Shares in Hewlett Packard Enterprise jumped 6% in the extended market session after posting better-than-expected earnings fueled by increased demand for secure work-from-home …

Tuesday’s Market Snapshot: Here Is What You Need To Know Right Now

US stocks were mixed after a report on Tuesday showed consumer confidence fell to a more than six-year low in August amid a renewed …

Medtronic Gains 4% As Quarterly Profit Tops Estimates Amid Faster Recovery

Medtronic shares rose almost 4% after the medical device maker beat quarterly revenue and profit estimates amid a gradual resumption of elective surgeries …

Aveva To Snap Up SoftBank-Backed OSIsoft For $5 Billion

UK-based industrial software company Aveva announced an agreement to buy SoftBank-backed OSIsoft at an enterprise value of $5 billion in a bid to …

AstraZeneca Initiates Early Trial Of Potential Covid-19 Antibody Treatment

AstraZeneca announced on Tuesday that it has initiated an early study trial of AZD7442, a combination of two monoclonal antibodies (mAbs), to be …

Sequoia, General Atlantic Said To Push Oracle Bid For TikTok – Report

General Atlantic and Sequoia Capital, two major investors in TikTok’s Chinese parent company, are reportedly pushing Oracle’s bid to buy the US operations …

Blackstone To Sell 40% Stake in Cherniere Energy To Brookfield

Blackstone announced on Monday that it will divest about 40% of its stake in Cheniere Energy Inc’s limited partnership to Brookfield Infrastructure and …

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