Broadcom in Talks to Pay About $60 Billion for VMware

Broadcom is in talks to pay around $60 billion for VMware people familiar with the matter said, in what would be one of the biggest takeover deals of the year. The two technology companies are aiming to announce a cash-and-stock deal worth about $140 a share on Thursday, assuming the talks don’t fall apart, the … Read more

Snap stock falls 20% after Snapchat parent says it will miss estimates due to deteriorating economy

Snap Inc. stock fell more than 20% in the extended session Monday after the Snapchat parent said it likely will miss quarterly estimates as the economy has “deteriorated further and faster than anticipated.” Snap SNAP, -3.40% said in a filing it is likely to report revenue and adjusted EBITDA below the low end of its … Read more

NYSE Sees More Chinese Companies Listing in the U.S.

Text size Investment in China and the outlook for the world’s second-largest economy is in sharp focus at the World Economic Forum. Spencer Platt/Getty Images DAVOS, SWITZERLAND – One of the top executives from the New York Stock Exchange expects the number of Chinese companies listed in the U.S. to remain the same or grow, … Read more

NYSE Sees More Chinese Companies Listing in the U.S.

Text size Investment in China and the outlook for the world’s second-largest economy is in sharp focus at the World Economic Forum. Spencer Platt/Getty Images DAVOS, SWITZERLAND – One of the top executives from the New York Stock Exchange expects the number of Chinese companies listed in the U.S. to remain the same or grow, … Read more

The Stock Market’s Drop Is Hitting Many 401(k)s Harder This Time

Millions of workers and retirees are more exposed to the stock-market slide than they might expect.  Many Americans spent the past decade putting more of their retirement money into target-date funds, a type of set-it-and-forget-it investment product pitched as an easy way to invest in a diversified portfolio of stocks and bonds. The product works … Read more

Stock futures gain as Wall Street looks to snap 8-week losing streak

U.S. stock-index futures gained late Sunday, after Wall Street last week sank to is longest losing streak since 1932. Dow Jones Industrial Average futures YM00, +0.66% were recently up about 200 points, or 0.7%, while S&P 500 futures ES00, +0.84% and Nasdaq-100 futures NQ00, +1.03% posted gains closer to 1% Crude prices CL.1, -0.12%, meanwhile, … Read more

Alibaba Leads Chinese Tech Stocks Into Another Slump. Why More Pain Could Come.

Text size Alibaba stock is down almost 30% this year. Greg Baker/AFP via Getty Images Chinese tech stocks can’t catch a break. Overseas markets have followed Wall Street lower on Thursday after the ugliest day for the Dow Jones Industrial Average and S&P 500 since June 2020. Hong Kong’s Hang Seng Index has fared among … Read more

Alibaba Leads Chinese Tech Stocks Into Another Slump. Why More Pain Could Come.

Text size Alibaba stock is down almost 30% this year. Greg Baker/AFP via Getty Images Chinese tech stocks can’t catch a break. Overseas markets have followed Wall Street lower on Thursday after the ugliest day for the Dow Jones Industrial Average and S&P 500 since June 2020. Hong Kong’s Hang Seng Index has fared among … Read more

Twitter Strikes Back, Says It Will Enforce Agreement With Elon Musk

Text size Elon Musk says the $44 billion deal to buy Twitter is on hold. Twitter disagrees. Jim Watson/AFP via Getty Images Twitter will hold Elon Musk to his offer to buy the company at the $44 billion price agreed last month, it said in two statements on Tuesday. The company “is committed to completing … Read more

Twitter Strikes Back, Says It Will Enforce Agreement With Elon Musk

Text size Elon Musk says the $44 billion deal to buy Twitter is on hold. Twitter disagrees. Jim Watson/AFP via Getty Images Twitter will hold Elon Musk to his offer to buy the company at the $44 billion price agreed last month, it said in two statements on Tuesday. The company “is committed to completing … Read more