The 10-year Treasury yield was recently up 2 basis points to 5.299% after touching a 24-year high of 5.361% overnight. However, yields on Australia's 10-year government bonds fell 2 basis points to ...
Wolfspeed got a $1.5 billion loan commitment from the Defense Department. Shares jumped 22% to $38.27 in after-hours trading Wednesday. Applied Digital had a more than fourfold increase in revenue, ...
Surging Treasury yields have begun to hammer parts of the stock market that might easily be overlooked, especially with the ...
Shares of power producers were more or less flat as traders bet electricity demand will continue to rise due to the artificial-intelligence boom. The utilities industry group, which is sensitive to ...
Richelieu Hardware logged higher profit and sales in the third quarter, boosted by sales to a major customer in its retailer segment. The Canadian hardware company on Wednesday posted a profit of C$29 ...
Shares of technology companies fell from record highs as interest-rate concerns weighed. Hewlett Packard Enterprise shares rose after it unveiled servers customized to support AI infrastructure.
Shares of banks and other financial institutions fell amid Treasury market volatility. Yields on 10-year and 30-year Treasurys tested 24-year highs due to concerns about the outlook for inflation and ...
General Dynamics said its board has named President Danny Deep as chief executive officer, effective Jan. 1. He will succeed Phebe Novakovic, who has served as CEO since 2013. She will transition to ...
Consumer companies fell amid rate worries. The average 30-year fixed mortgage rate rose to 7.55% in the latest tally, according to Bankrate. The SPDR S&P Homebuilders exchange-traded fund, which ...
Lululemon Athletic's new CEO is shaking up management as the retailer struggles with slumping sales and a stock price that is down more than 50% this year.
Shares of tractor and combine makers such as Deere, Agco and Caterpillar fell sharply after the Federal Trade Commission and U.S. Department of Agriculture launched a probe into potential ...
Producers of metals, grains and other raw materials fell as the U.S. dollar tested multiyear highs. Dollar-denominated commodities including gold futures retreated. Copper futures, which are ...
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