Steve Gelsi

Retailer warns its revenue may fall short of expectations in the coming quarter.

Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.

Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.

With cannabis stocks showing steep losses this year on stalled legalization on the U.S. federal level, some companies in the sector are turning to the more thinly-regulated business of THC derived from hemp as a way to potentially excite Wall Street with new revenue streams.

Chinese companies had been avoiding stateside IPOs due to geopolitical tensions, but now they have fresh reason to consider U.S. markets.

With interest rates coming down, the largest concrete company is buying Summit at a deal value of $11.5 billion including debt.

Silicon Valley-based Snowflake is “in the sweet spot” to benefit from wider use of AI among businesses over the next 12 to 18 months, according to Wedbush analyst Dan Ives.

A relatively quiet period for bank mergers is expected to come to an end as the environment for dealmaking picks up steam in 2025.

Pony AI, which makes technology for robotaxis and autonomous trucks, is set to price its U.S. initial public offering as early as Monday after the closing bell, according to market sources. China-based Pony AI plans to offer 20 million shares at $11 to $13 each for trading under the ticker symbol "

The move marks a rare action by the FDA to sanction a study on cannabis despite the plant’s current Schedule I classification under federal law as a drug with no therapeutic use, in the same bucket as heroin and LSD.

Money is flowing out of debt issued by JPMorgan, Bank of America, Citi, Wells Fargo and Morgan Stanley.

Trump Media & Technology Group’s stock had risen amid talk of a deal to buy cryptocurrency-centered company Bakkt.

Amcor’s acquisition essentially confirms recent forecasts by Wall Street bankers that major tie-ups to achieve scale will become more common.

The New Jersey-based sub giant, reportedly valued at $8 billion, aims to grow beyond 3,000 locations in the U.S.

A boost is expected from crypto-assets listings, as one analyst flags expected changes to securities laws under a Trump administration.

Software maker plans to trade on the Nasdaq under the symbol “PONY.”

Goldman Sachs analyst Catherine O’Brien resumes coverage of airlines as carriers face choppy post-COVID world

From an estimated $150 billion of spending in 2024, the category is expected to mushroom up to roughly $200 billion by 2030, according to estimates from Bloomberg Intelligence.

There’s been strong volume for the closely watched Trump Media & Technology stock, but no big pops after Election Day.

Redburn Atlantic’s Edward Lewis downgrades coffee-shop giant after new Chief Executive Brian Niccol unveils his “Back to Starbucks” plan.