NetApp stock dives after earnings miss, weak forecast

NetApp Inc. NTAP, -4.13% shares dropped more than 5% in late trading Wednesday after the data-storage company reported weaker than expected earnings and revenue and projected declining quarterly sales and profit. In a fiscal fourth-quarter earnings report, NetApp reported income of $396 million, or $1.59 a share, on sales of $1.59 billion, down from $1.64 billion the year before. After […]

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Slack non-IPO: 5 things to know about the direct listing

Slack Technologies Inc. is looking for a better direct-listing fate than Spotify Technology SA. The music-streaming service reminded tech unicorns late last year that companies don’t have to issue new shares or raise money through a traditional offering if they wish to go public, and now Slack is following in its footsteps. The business-chat company filed direct-listing paperwork on Friday. […]

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How a ‘leftist takeover’ of the Democrats could ultimately crush the bull market

A “black swan” in the investing world essentially means an unpredictable event resulting in extreme consequences. Unpredictability, however, hasn’t stopped Wall Street pundits from trying to predict the next one looming over this bull market. INTL FCStone INTL, -1.99% macro strategist Vincent Deluard is one of those pundits, and his latest note, which was highlighted on Business Insider, is a […]

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Companies positioned to raise prices — with Apple a prime candidate — even before trade tensions worsened

Executives may not be losing too much sleep over escalating trade tensions because they know they have leverage. Consumers, however, may want to brace themselves. Even before trade relations between the U.S. and China took a turn for the worse earlier this month, management teams had been using their first-quarter conference calls to discuss potential price increases that could compensate […]

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Apple’s loss at the Supreme Court is ‘a big victory for consumers’ fighting Big Tech’s app and platform monopolies

The U.S. Supreme Court dealt Apple Inc. a major setback in an eight-year-old lawsuit over the App Store on Monday, but the bigger news is the big effect it could have on Big Tech. The Supreme Court ruled Monday that plaintiffs have a right to sue Apple AAPL, -5.81%AAPL, -5.81%in a class-action lawsuit that alleges monopolistic behavior in the App […]

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Intel stock falls as analysts digest new game plan: ‘Turning a battleship takes time’

Intel Corp. INTC, -6.19% shares took a tumble on Thursday as Wall Street weighed in on the company’s commentary from its first analyst day in more than two years. At least one analyst downgraded Intel shares after the Wednesday event. BMO Capital Markets’ Ambrish Srivastava lowered his rating to market perform from outperform, writing that his prior bullish stance on Intel […]

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Kellogg’s flaky cereal sales need a fix

Breakfast may be gaining ever wider recognition as the most important meal of the day, but cereal giant Kellogg Co. is struggling. The company is in the middle of reconfiguring the sizes of its cereal packs, which Kellogg’sK, -3.55%management expects will help with cross-promotion and “shoppability in the aisle.” The shift is leading to near-term challenges, however, with Kellogg pulling […]

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Universal Display stock falls after Susquehanna downgrade

Shares of Universal Display Corp. OLED, -3.72% are down more than 3% in morning trading Monday after Susquehanna Financial Group analyst Mehdi Hosseini downgraded the stock to neutral from positive. The rating change comes as Universal Display’s stock has soared 74% so far this year, while the S&P 500 SPX, +0.21% has gained 17%. Hosseini argued that "the best case […]

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