Shares of Tesla Inc. TSLA rallied 2.2% in morning trading Tuesday, to put them on track for a third-straight gain and second attempt to break through a closely watched chart level. The electric vehicle maker’s stock has tacked on 3.1% over the past thr...

Shares of Jaguar Health Inc. JAGX were mauled for a 21.2% loss in morning trading Tuesday, after the drug maker said it has not yet received data supporting the Phase 3 trial of its treatment of diarrhea in cancer patients receiving therapy. The compan...

U.S. stocks opened lower Tuesday, with the S&P 500 potentially snapping five straight days of gains, as investors await minutes from the Federal Reserve’s latest policy meeting. The Dow Jones Industrial Average DJIA was down 0.2% soon after the opening...

American Eagle Outfitters Inc.’s stock AEO dropped 16% in premarket trading on Tuesday after the midpoint of the retailer’s fourth-quarter operating income forecast range fell short of estimates. American Eagle Outfitters said its third-quarter net inc...

Broadcom Inc. AVGO and VMware Inc. VMW expect to close their merger Wednesday after receiving all necessary regulatory approvals, the companies said Tuesday morning. The companies had been waiting on China to approve the $61 billion deal, which had bee...

Abercrombie & Fitch Co. ANF posted better-than-expected third-quarter earnings on Tuesday and raised its guidance, after a strong back-to-school season for its Hollister brand. The New Albany, Ohio-based retailer posted net income of $96.2 million, or...

Dick’s Sporting Goods Inc.’s stock DKS was up nearly 9% in premarket trading on Tuesday after the retailer beat Wall Street’s third-quarter profit estimate and raised its outlook for 2023. Dick’s Sporting Goods said its third-quarter net income fell to...

Wyndham Hotels & Resorts Inc. WH said Tuesday a letter it has received from Choice Hotels International Inc. CHH represents step backwards and the terms outlined are neither in Wyndham’s interest or those of its shareholders. Choice launched a hostil...

Best Buy Co. Inc.’s stock BBY fell 2.4% in premarket trade Tuesday, after the electronics retailer posted weaker-than-expected third-quarter revenue and lowered guidance to reflect a choppy and uncertain environment. The company had net income of $263 ...

Shares of Kohl’s Corp. KSS dropped 3.3% in premarket trading Tuesday, after the department store chain beat profit expectations but missed on same-store sales and trimmed its full-year revenue outlook. Net income for the quarter to Oc.t 28 fell to $111...

Merck & Co. Inc. MRK said Tuesday it agreed to pay up to $610 million to acquire Caraway Therapeutics, a preclinical biopharmaceutical company pursuing new approaches for the treatment of genetically defined neurodegenerative and rare diseases. The com...

Shares of Burlington Stores Inc. BURL leapt 9.9% toward a two-month high in premarket trading Tuesday, after the discount apparel and footwear retailer topped profit and same-store sales expectations, and said the current quarter was off to a “solid” s...

Medtronic PLC’s stock MDT rose 0.8% premarket Tuesday, after the medical device maker posted better-than-expected earnings for its fiscal second quarter and raised guidance. Dublin-based Medtronic posted net income of $909 million, or 68 cents a share,...

Hibbett Inc. HIBB posted better-than-expected earnings for the third quarter on Tuesday, and raised its guidance, despite a still challenging retail environment. The sporting goods retailer posted net income of $25.5 million, or $2.05 a share, for the ...

Zions Bancorp ZION has been downgraded to neutral from buy on valuation grounds by Citi analyst Keith Horwitz, who kept his price target of $37 a share on the regional bank. “Zion trades near the median on our implied cost of equity metric and we see m...

Lowe’s Cos. Inc. shares LOW were falling more than 5% in Tuesday’s premarket trading after the home-improvement company trimmed its full-year outlook and called out pressure on discretionary spending. The company logged fiscal third-quarter net earning...

CRH CRH said it’s paying $2.1 billion for South Texas cement operations from Martin Marietta Materials MLM. CRH, which separately reported earnings, said the combined portfolio of assets is expected to generate pro-forma 2023 EBITDA of approximately $1...

Hormel Foods Corp. HRL said late Monday that its board has authorized a 3% increase in the company’s annual dividend to $1.13 a share, from $1.10 a share. That’s the food company’s 58th consecutive annual dividend increase, it said. The first quarterly...

Shares of Keysight Technologies Inc. KEYS rose more than 2% in the extended session Monday after the maker of test and measurement equipment and software reported quarterly earnings above expectations, saying it was set up for a recovery despite a “cha...

Add Walt Disney Co. DIS, Warner Bros. Discovery Inc. WBD, Comcast Corp. CMCSA and Paramount Global PARA to the growing list of major brands pausing advertising on Elon Musk’s embattled X. Lions Gate Entertainment Corp. LGF.A also said it would be pulli...

Legendary short seller Jim Chanos told the Wall Street Journal Friday that he is closing his hedge funds, saying that “the marketplace for what I do has changed.” Chanos expects to return most of his investors’ cash by Dec. 31, the newspaper reported. ...

Cybersecurity firm Palo Alto Networks Inc. PANW said in a filing Friday said that its board has approved the repurchase of up to an extra $316.7 million of the company’s stock. The OK from the board represents an increase to the company’s existing $3.3...

Shares of Nikola Corp. NKLA dropped nearly 1% in the extended session Friday after the EV maker said Chief Financial Officer Anastasiya “Stasy” Pasterick has resigned “to pursue other opportunities.” Pasterick will continue to serve as CFO and assist w...

U.S. stocks eked out marginal gains on Friday to cap off the best three-week stretch for the S&P 500 and Nasdaq Composite since 2020, Dow Jones Market Data show. The S&P 500 SPX gained 5.78 points, or 0.1%, to finish Friday’s session at 4,514.02, accor...

Microsoft Corp. shares MSFT extended their decline late in Friday’s session as OpenAI announced that Sam Altman has stepped down as chief executive of the ChatGPT creator. Altman’s exit “follows a deliberative review process by the board, which conclud...

New York Attorney General Letitia James and a coalition of five attorneys general have reached a $6.5 million settlement with Morgan Stanley for allegedly “compromising the personal information of millions of customers nationwide.” The bank did not dec...

Oil futures climbed on Friday, recouping most of the losses seen a day earlier that pulled prices to their lowest since July. Saudi Arabia is planning to prolong its voluntary oil production cut into next year, the Financial Times reported Friday. The ...

Shares of Palantir Technologies Inc. PLTR were rising 3.4% in Friday’s session toward their highest close in nearly two years. The stock recently changed hands at $20.43 and is on track to log its highest finish since Nov. 30, 2021, when it ended at $2...

Baker Hughes BKR on Friday reported that the number of active U.S. rigs drilling for oil rose by 6 to 500 this week. That followed two consecutive weekly declines. The total active U.S. rig count, which includes those drilling for natural gas, also cli...

Amazon.com Inc. AMZN is eliminating several hundred jobs related to its Alexa smart assistant and shifting resources toward generative AI, the e-commerce company said in a memo to employees on Friday. The company, which plans to eliminate positions in...