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Birkenstock Holdings PLC’s stock BIRK reached its initial public offering issue price for the first time on Wednesday, about a month and a half after hitting markets. The stock has traded in a range of $45.15 to $46.24 so far in the session. surpassing...

The Energy Information Administration on Wednesday reported that U.S. commercial crude inventories rose by 1.6 million barrels for the week ending Nov. 24. On average, analysts polled by S&P Global Commodity Insights expected the report to show a decli...

JPMorgan Chase & Co. JPM Chief Executive Jamie Dimon said Wednesday he’s less certain than others that the U.S. economy may avoid a recession, according to the New York Times live blog of his appearance at the 2023 DealBook Summit. Dimon said he’s givi...

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Win McNamee/Getty ImagesFed funds futures traders are lifting the likelihood of at least a quarter-point rate cut from the U.S. central bank by May, driven by optimism that inflation will continue to fall.That likelihood was seen at 77.9% as of Wednesd...

U.S. stocks opened higher on Wednesday as Treasury yields fell and investors digested an estimate on economic growth in the third quarter that was revised higher. The Dow Jones Industrial Average DJIA was up 0.1% soon after the opening bell, while the ...

Shares of Rover Group Inc. ROVR rocketed 27.1% in premarket trading, putting them on track for a record one-day gain, after the online pet-care marketplace announced an agreement to be acquired by Blackstone Inc. BX in a cash deal valued at $2.3 billio...

Shares of Beyond Inc. BYON jumped 7.3% toward a two-month high in premarket trading Wednesday, after the parent of Bed Bath & Beyond and the company formerly known as Overstock said Chairperson Allison Abraham will now share the chairperson title with ...

Phillips 66’s stock PSX rose 6% in premarket trade Wednesday, after Elliott Investment Management LP said it has accrued a roughly $1 billion investment in the energy company and sees potential upside of about 75%. The hedge fund of activist investor P...

Open Text Corp.’s stock OTEX was up by 2% in premarket trading on Wednesday, a day after the company said it would sell its AMC business unit to Rocket Software Inc., a Bain Capital portfolio company, for $2.28 billion in cash. OpenText’s AMC unit spec...

Martha Stewart CBD on Wednesday unveiled a line of CBD edibles offering aid in sleep and other potential wellness benefits, with backing from Canopy Growth Corp. CGCCA:WEED as well as Marquee Brands, a licensing and development company backed by Neuber...

Shares of Dollar Tree Inc. DLTR sank 2.1% in premarket trading Wednesday, after the discount retailer missed fiscal third-quarter earnings and sales expectations, but provided an in-line outlook for the current quarter. Net income for the quarter to Oc...