EFA

IPO Report: Panera confidentially files for IPO in 2024: report

Casual-dining restaurant chain Panera Brands has confidentially filed for an initial public offering, the Financial Times reported late Thursday.

: A golden rose and a broken heart. This is how ‘Golden Bachelor’ came to an end.

The “Golden Bachelor” finally gave away the inaugural golden rose.

Cramer reviews November's top ten performers on the Russell 1000

CNBC's Jim Cramer on Thursday explained why the top ten stocks on the Russell 1000 saw success in November.

Jim Cramer explains why it's hard to be bullish on the healthcare sector

CNBC's Jim Cramer on Thursday detailed what may be hurting healthcare stocks.

MarketWatch First Take: Salesforce’s big growth era seems over, which may prompt a return to its old ways

Salesforce Inc.'s recent financials showed that the cloud software giant is now in a slower growth phase.

The Moneyist: My husband added my mother-in-law to the deed of our house 20 years ago. Now we’re getting divorced, and she wants one-third. Can I fight this?

“She never made any payments or lived in the house. She agreed this house does not belong to her.”

Financial Crime: Anti-smoking and male-enhancement drug maker charged with fraud after months on the lam

Novo Nordisk sues two pharmacies for allegedly selling tainted Wegovy, Ozempic knockoffs

The lawsuits come as Novo Nordisk grapples with shortages of Wegovy and Ozempic in the U.S. due to skyrocketing demand.

Earnings Results: UiPath’s stock soars after profit, revenue and ARR rise above forecasts

Shares of UiPath soared late Thursday after the automation-software company reported fiscal-third-quarter earnings and revenue that rose above expectations.

: Disney is bringing back its dividend after cutting it at start of the pandemic

Walt Disney Co. plans to reinstate its dividend after suspending it at the start of the pandemic.

Earnings Results: Ulta’s stock soars on better-than-expected earnings amid ‘healthy’ traffic trends

Chief Executive Dave Kimbell said sales, gross profit and EPS all exceeded the company's own expectations.

Earnings Results: Marvell’s stock rises after earnings, with data-center sales set to accelerate

Marvell expects a sequential acceleration in its data-center business during the current quarter, and its shares were heading higher in Thursday's aftermarket action.

: PagerDuty’s stock jumps on strong earnings, sales

Revenue was $108.7 million, up 15% from $94.2 million in the same quarter a year ago.

The Ratings Game: Okta’s stock falls amid wave of downgrades: ‘Now is not the time’ for profit push

Okta shares furthered their selloff in Thursday's session as analysts expressed doubt about the company's strategic focus and deal trajectory in the wake of a recent security breach.

With tipping, wages are 'shifted onto the customer'—here's why we do that in the U.S.

Guilt tipping, tipflation — there have been many varying opinions about tipping lately. Here's where the practice came from.

Banking: Bank of America, Wells Fargo lead gains in big-bank stocks to add to November’s win

Some bank stocks saw their best monthly performance since October 2022, as talk of potential rate cuts lured cash off the sidelines.

: What Apple Card users need to know about Apple’s potential breakup with Goldman Sachs

It's possible the rate on Apple's high-yield savings account could change, but not necessarily in the direction users would want.

This 48-year-old bet he could take on Coca-Cola—now his beverage company is worth $1.6 billion

Vita Coco co-founder Michael Kirban went into shock when Coca-Cola bought a stake in the coconut water company's biggest rival. Here's how he took on a giant.

Front Office Sports: David Tepper’s Panthers tenure highlights the problem of investors-turned NFL owners

As his last 5 years as Panthers owner have shown, buying stakes in distressed and undervalued companies isn’t the same as running an NFL franchise.

'Sound of Freedom' studio looks to build on crowdfunding success with new film 'The Shift'

Angel Studios' "The Shift" was crowdfunded by 6,000 investors. It arrives in theaters Friday.

The Fed: Powell won’t endorse market expectations for quick rate cuts

Powell is likely to “lean against against the notion that there are cuts imminent."

In One Chart: U.S. stocks are poised to record their best month in over a year. That’s good for the market in December and 2024.

Stocks are poised to finish November sharply higher, and the momentum is likely to continue through December and into next year, based on historical data.

The Tell: Almost $6 trillion cash pile in money markets may need to start being redeployed soon, Janus Henderson says

There's almost $6 trillion of cash sitting on the sidelines in money-market funds, with the potential for some portion of it to be reallocated into "carefully selected risk assets," according to Ali Dibadj, chief executive of London-based Janus Henderson Investors.

Investing in Space: Understanding Starship's second test flight

Starship is a spectacle. The rocket is a 40-story skyscraper, producing unprecedented amounts of power, and launching a few miles away from the viewing public.

Commodities Corner: Why oil prices are dropping despite OPEC+ pledge to make additional production cuts early next year

Lawrence G. McMillan: Stock buyers are enjoying early holiday gifts that look to keep on giving

Investors are setting their sights on the S&P 500's all-time high.

: Activist investor Nelson Peltz seeks seats on Disney board

The Tell: Classic ’60-40′ mix of stocks and bonds surges in November, heads for best performance since 2020, Bespoke finds

Traditional 60-40 portfolio's gains in November are shaping up to be the second-biggest in more than 30 years, according to Bespoke.

: Who says corporate bonds are dull? Apple’s bonds have seen equity-like returns in the past month

Investors savvy enough to buy Apple bonds in October have enjoyed equity-like returns.

: Wells Fargo avoided paying overtime to ‘understaffed’ workers, class-action lawsuit claims

"Wells Fargo systematically understaffs its branch locations," the lawsuit says.

: Meta challenges FTC’s ‘constitutional authority’ in lawsuit about consent agreement

Peltz's renewed fight for Disney board seats keeps pressure on CEO Iger to right the ship

Nelson Peltz's Trian Partners said its Disney stake was currently worth roughly $3 billion.

Market Extra: Bond market reflects jitters about wall of maturing office REIT debt

U.S. bonds have been reflecting growing unease about a wall of debt coming due for select owners of office buildings

U.S. crude oil falls more than 2% as skepticism mounts over OPEC cuts

Traders are concerned the cuts are only voluntary, raising the question of whether OPEC+ can follow through and curtail output, an analyst said.

ETF Wrap: Gold prices are surging — what ETF investors need to know before adding some shine to their portfolios

Gold is shining again. Why investing in gold-related ETFs is not without risks.

: Changes are coming to college financial aid. Here are 8 things to know if you’re applying this year.

The government is overhauling the financial-aid process, a move that will impact how much students pay for college.

Earnings Results: Kroger offers cautious guidance amid food-at-home disinflation

The consumer is still feeling the pinch of inflation even as it has started to slow.

: New York City wants its residents to live longer and healthier. Here’s how they’ll do it.

The city aims to tackle the biggest causes of premature death such as chronic disease, suicide and violence.

How Salesforce 'hit the trifecta' with its quarterly results

The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.

: U.S. regulators levy largest ever fine against Chinese auditors for falsifying financial reports

U.S. securities regulators levied fines totaling more than $7 million against three China-based auditors for a variety of offenses including issuing a false audit report.

Front Office Sports: Sports apparel retailers hope holidays will improve a post-pandemic slump

The holiday shopping season is now in full flight, but for sports apparel retailers and manufacturers, the mood is anything but festive.

Nashville's real estate boom has builders scrambling and residents facing sky high prices

The Nashville building boom is in full effect, despite higher interest rates, higher home prices and a weaker national economy.

Economic Report: Chicago business activity index moves into expansion territory for first time in more than a year

The Chicago Business Barometer, also known as the Chicago PMI, jumped to 55.8 in November from 44 in the prior month. This is the first reading above the 50 threshold for growth since August 2022.

: Package theft: How to get a refund if your delivery from Amazon, Walmart or other sellers gets stolen

For peak holiday shipping season, MarketWatch got advice from retailers on how to recover from package theft.

: ImmunoGen’s stock rockets to 23-year high after AbbVie’s $10.1 billion buyout deal

ImmunoGen's stock rocketed to the highest price seen in two decades after the biotechnology company announced an agreement to be acquired buy AbbVie in a cash deal valued at $10.1 billion.

Jim Cramer blasts the prospect of a Humana-Cigna deal — it could never be approved by regulators

"This is one of the most ill-advised deals I've ever heard," Jim Cramer said, after The Wall Street Journal reported Cigna and Humana were discussing a merger.

Economic Report: Pending home sales index drops to record low level in October

Pending home sales fell 1.5% to a record low reading of 71.4 in October, according to the monthly index released Thursday by the National Association of Realtors (NAR). This is the lowest level since the index was started in 2001.

: China is experiencing an exodus of foreign investment and talent. Xi Jinping is getting worried.

Demand for Chinese goods is weak. Foreign companies continue to shift parts of their supply chains elsewhere. Even student exchanges and tourist visits are tumbling.

The Fed: Fed’s Williams says interest rates are ‘at, or near’ peak

The Federal Reserve's benchmark interest rate may have already hit its peak level, as it is now putting more downward pressure on the economy than anytime in the last 25 years, New York Fed President John Williams on Thursday.

Covid vaccine rates in the U.S. are slumping — and it will be a challenge to boost them

The one thing that experts, along with vaccine makers, can agree on is that low vaccination rates put people at risk of getting severe Covid infections.

The Ratings Game: Snap’s stock is having its best month in three years, and Jefferies sees more upside

Snap's direct-response improvement should drive momentum, analyst says in upgrade.

Top 10 things to watch in Thursday's stock market, including Jim Cramer's Benioff interview

Stock futures were up Thursday as all three major averages look to finish the month with big gains.

How major retailers and Covid-era nostalgia helped revive the vinyl records industry

United Record Pressing has become a major player in the vinyl market, producing approximately 40,000 records daily at its Nashville, Tennessee, facility.

The Ratings Game: Snowflake boosts outlook for first time in a year — and it could be conservative

Consumption-oriented software businesses have experienced a tough recent stretch, but Snowflake is winning cheers Thursday for showing signs of improvement.

Economic Report: Jobless claims tick higher in latest week, reaching highest level in 2 years

Initial jobless claims rose 7,000 to 218,000 in the week ended Nov. 25, the Labor Department said Thursday. The number of people already collecting jobless benefits in the week ended Nov. 18 rose by 86,000 to 1.927 million. That's the highest level since November 2021.

: BP takes full control of solar subsidiary Lightsource in deal worth $254 million

The FTSE-100 oil giant first purchased a 43% stake in Lightsource in 2017

Economic Report: Consumer spending slows — a sign of a weakening economy?

Consumer spending rose a soft 0.2% in October in potentially another sign of a long-predicted slowdown in the U.S. economy.

Market Extra: It’s the end for the ETF devoted to meme stocks, which has fallen 60% since inception

An exchange-traded fund launched to capitalize on the meme-stock craze is shutting down, according to a statement from the company.

Economic Report: Inflation slows again, the Fed’s preferred price tracker showed

The cost of goods and services were flat in October, suggesting a further slowdown in inflation that could persuade the Federal Reserve to stop raising interest rates.

What's Worth Streaming: Here’s everything new coming to Netflix in December 2023 — and what’s leaving

What's Worth Streaming: Here’s everything coming to Amazon’s Prime Video and Freevee in December 2023

Get ready for an Eddie Murphy Christmas movie, more 'Coach Prime' and Season 2 of 'Reacher'

Trump slams JPMorgan CEO Jamie Dimon for praising Nikki Haley

Dimon "is quietly pushing another non-MAGA person, Nikki Haley, for President," wrote Trump, the current frontrunner in the 2024 GOP presidential primary.

: Ford’s stock rallies after guidance reinstated, with new free-cash-flow view above expectations

Ford's stock rallied Thursday, after the automaker provided new full-year guidance for profitability and free cash flow, after withdrawing guidance in October due to the labor strike.

Therese Poletti's Tech Tales: One year after its public launch, ChatGPT has succeeded in igniting a new era in tech

The debut one year ago of ChatGPT has become the most important moment for Silicon Valley since the the debut of Apple's iPhone in 2007 — or even the dot-com boom years earlier.

Outside the Box: Leaders at COP28 already have this strong weapon to fight climate change. They should use it.

Carbon markets are politically and economically positioned to reduce emisssions worldwide.

The Conversation: Happy 1st birthday, ChatGPT: OpenAI’s viral chatbot reveals humans’ potential — and our fears

People will need to learn new practices for working with generative AI tools.

Need to Know: These advisers say markets are expecting unrealistic outcomes. Here are some alternatives.

Our call of the day from a pair of money managers asks investors to think about all the implausibilities being expected from markets for next year. And the opportunities.

Beth Pinsker: 10 things to do right now with your year-end required minimum distributions

The government makes you take required minimum distributions out of retirement accounts, but it doesn’t say you have to spend it all.

Futures Movers: Oil prices rally on hopes of deeper production cut as traders monitor OPEC+ meeting

Oil futures rose Thursday as investors awaited the outcome of an online meeting of OPEC+ members that news reports said may produce a round of deeper production cuts for early 2024.

Ford reinstates 2023 guidance, says UAW deal to cost $8.8 billion over life of the contract

Ford expects $10 billion to $10.5 billion in adjusted earnings before interest and taxes and adjusted free cash flow of between $5 billion and $5.5 billion.

Help Me Retire: I’m 53 and hate my job. My husband, 59, and I have two homes, plus $1 million in savings. Can we afford to retire?

Bond Report: Ten-year Treasury yields inch off latest lows ahead of Fed’s favored inflation data

Benchmark Treasury yields rose slightly early Thursday, but remained just above their lowest levels since mid-September as traders awaited the PCE inflation report.

U.S. tap water has a $47 billion forever chemicals problem

The EPA is adding some "forever chemicals" to the list of toxins that must be reported by drinking water utilities.

: Dr. Martens shares plunge to all-time lows as shoemaker cuts guidance on weak U.S. sales

Dr. Martens reported a 57% drop in its first-half profits following plunging sales to U.S. wholesalers

Market Extra: Popular QQQ ETF on track for biggest monthly gain since July 2022 as tech stocks soar

A large and actively traded fund that tracks the Nasdaq-100 index is soaring.

Market Snapshot: S&P 500 futures up near four-month highs ahead of PCE inflation report

U.S. stock futures were looking to finish a November to remember on an upbeat note as traders eyed important inflation data.

: This Red Lobster promotion was too successful. Now the price has been raised.

$20 endless shrimp was an endless headache for Red Lobster's owner.

Kelley Blue Book: The 2024 Chevrolet Trailblazer vs. the Hyundai Kona: Which compact SUV is better?

The 2024 Chevrolet Trailblazer offers plenty of desirable features at a reasonable price, and the Kona is ultra modern. Let’s see how these subcompact SUVs compare.

Kelley Blue Book: The 2024 Ford F-150 Lightning review: Pricing, range, performance and more for the all-electric truck

Ford has done an excellent job taking everything we love about the F-150 and creating an electric version with many of the same virtues as its gas-powered counterpart.

Next Avenue: If you’re over 40 and can’t find a job, here’s how to fix your résumé

Human eyes may never see your resume: Age discrimination often takes place at the résumé screening level, so try an age-defying resume edit.

: Tesla’s Cybertruck is finally here. Will it boost the EV maker’s stock?

Tesla is slated to deliver the first of its Cybertrucks at an event Thursday in Texas.

: ASML turns to insider to be next CEO

ASML Holding, arguably Europe's most important technology company, is turning to an insider to run the microchip-equipment making giant.

: Here was Linda Yaccarino’s response after Elon Musk’s obscene suggestion to fleeing advertisers

: Elon Musk lashes out at advertisers who boycott X: ‘Go f— yourself’

Elon Musk profanely lashed out at an advertising boycott against his social-media platform, X, on Wednesday, saying that it could kill the company.

: Occidental Petroleum in talks to buy CrownRock for more than $10 billion: report

Occidental Petroleum is in negotiations to buy Texas-based energy producer CrownRock in a deal that could be valued at more than $10 billion, the Wall Street Journal reported late Wednesday.

Dow Jones Newswires: Bilibili’s Hong Kong shares fall sharply after deeper-than-expected net loss

Bilibili's Hong Kong-listed shares fell sharply after the Chinese video-sharing platform reported a third-quarter net loss that was steeper than analysts expected.

Dow Jones Newswires: BOJ board member Nakamura says more time needed before policy shift

Bank of Japan policy board member Toyoaki Nakamura said the central bank needs to continue monetary easing for a while because he is still not confident that the country can achieve a sustainable 2% inflation backed by wage growth.

Dow Jones Newswires: China’s manufacturing PMI edges lower, signaling continued weakness

An official gauge of China's manufacturing activity indicated contraction for a second consecutive month in November, signaling continued weakness in the economy despite Beijing's recent efforts to juice up growth amid a protracted housing slump.

: Sam Altman’s return as OpenAI CEO is official, Microsoft gets non-voting seat on board

After one of the more dramatic few weeks in recent corporate history, OpenAI co-founder Sam Altman is officially its chief executive again.

Salesforce shares are deservedly rewarded after a stellar quarter and a rosy outlook

On top of quarterly beats nearly across the board, a solid fiscal Q4 profitability guide helped send shares soaring.

CrowdStrike CEO says AI can help prevent ransomware attacks

CrowdStrike CEO George Kurtz told CNBC's Jim Cramer why AI is important in fighting cybercrime.

PGA Tour commissioner says he's talking to possible investors ahead of Saudi deal deadline

Jay Monahan said the PGA Tour faced an "existential threat" from LIV Golf ahead of the framework agreement between the golf leagues.

Spirit Airlines offers buyouts to salaried employees to cut costs

Spirit is facing financial strain from weaker off-peak demand and Pratt & Whitney engine groundings.

Bob Iger says 'The Marvels' had little 'supervision' and Disney has made too many sequels

Disney CEO Bob Iger says his number one priority at the company is revitalizing its film studio.

The Tell: U.S. stocks to fall around 8% next year, says JP Morgan

J.P. Morgan equity strategists issue a downbeat outlook for U.S. stocks.

FA Center: The ‘Magnificent Seven’ is like the ‘Nifty 50’? If only they could be so lucky.

Buying high-flying growth stocks at premium prices can be profitable -- if you're able to hold on for decades.

Earnings Results: Snowflake earnings smash expectations as CEO cheers ‘stabilizing’ conditions

Snowflake's stock was rocketing more than 8% higher in Wednesday's after-hours action as the software company delivered upbeat results and impressed with its forecast.

Why Amazon's new AI initiatives stand to boost growth in the cloud

Amazon's (AMZN) slate of announcements around AI this week could accelerate growth at its highly profitable cloud-computing division next year.

Market Extra: Tesla’s stock fought the downtrend and the downtrend won, for now

Tesla's stock climbed enough Wednesday to test a key chart level, but then pulled back as bulls failed to make any progress.