Mark Cuban Takes On Walgreens, CVS, Amazon in Crowded Drug Space

Mark Cuban Takes On Major Online Pharmacy Walgreens (WBA) – Get Walgreens Boots Alliance Inc Report, CVS (CVS) – Get the report from CVS Health Corporation and rite of help (RAD) – Get the report from Rite Aid Corporation, as well as newcomer Amazon (AMZN) – Get the report from Amazon.com, Inc., with the launch … Read more

Is the market crashing? No. Here’s what’s happening to stocks, bonds as the Fed aims to end the days of easy money, analysts say

As the stock market has convulsed lower and bond yields have risen in recent weeks, culminating in a supposed correction for the Nasdaq Composite Index, average Americans are wondering what’s wrong with Wall Street. Increasingly, Google searches have focused on the state of the market (and the economy), and for good reason. The Dow Jones … Read more

Crypto Crash Panic Misses Bitcoin’s Billionaire Michael Saylor

What crypto lock? While the rapid decline in the value of cryptocurrencies has caused panic on social media and Wall Street, billionaire Michael Saylor appears to have kept his cool. You will not sell your bitcoin. Your company does not want MicroStrategy (MSTR) – Get the Class A report from MicroStrategy Incorporated to get rid … Read more

Cramer’s Mad Money Recap 1/21: Microsoft, Tesla, Apple

Air has been slowly escaping from the stock market balloon for weeks, Jim Cramer told his Mad Money viewers on Friday. And unless you own stock in a company that makes real things and makes real profits, expect a lot more pain ahead. For months, we’ve had a flood of worthless IPOs and SPACs hitting … Read more

Kohl’s Gets $9 Billion Bid From Starboard Value Group

A consortium backed by activist hedge fund Starboard Value LP has offered roughly $9 billion to buy Kohl’s department store. corporation KSS -2.60% , according to people familiar with the matter. A group led by Acacia Research Corp., which controls Starboard, offered to buy the department store chain for $64 a share in cash on … Read more

IBM Sells Watson Health Assets to Investment Firm

International business machines corporation has agreed to sell the data and analytics assets of its Watson Health business to investment firm Francisco Partners, the companies said on Friday. Sign up for the newsletter The 10 Points. A personal guided tour of the best scoops and stories from The Wall Street Journal every day. The deal … Read more

The Nasdaq Composite is down 11% so far in 2022 and poised for worst start to a year since the 2008 financial crisis

To say it’s been a rocky start for the tech-heavy Nasdaq Composite Index may be the young year’s understatement. Check: Stock Market Warning Sign: Here’s What Rising Bond Yields Say About S&P 500 Yields Over the Next 6 Months The Nasdaq Composite COMP, -2.72% It was down about 11% on Friday from the start of … Read more

Bitcoin, ethereum prices tumble as cryptocurrencies continue their downward slide

bitcoin has crashed 7% in the last 24 hours, and was trading at $39,097 as of 3:00 a.m. ET, according to CoinDesk. The world’s most valuable cryptocurrency has plunged more than 15% since the beginning of the year. In November it was trading at an all-time high of $68,990. Their peers have fared worse recently. … Read more

Premarket stocks: The pandemic boom is over. Just ask Peloton and Netflix

Now, the pandemic boom is over. Netflix and Peloton lost about a fifth of their market value on Thursday after both companies disappointed investors. Netflix said in an earnings report that it added fewer subscribers than expected during the fourth quarter. Even more worrying, the streaming giant forecast it would add just 2.5 million subscribers … Read more

Evergrande’s debt crisis: International creditors threaten legal action over ‘opaque’ restructuring process

A group of the company’s foreign bondholders is threatening legal action over its “opaque” debt restructuring process, the latest sign of trouble for the embattled Chinese developer. They said in a statement Thursday that they had to “seriously consider enforcement actions” after Evergrande failed to substantially engage with them about reorganizing its operations. The firm’s … Read more