Palo Alto Networks promoted to S&P 500, replacing Dish Network

Palo Alto Networks promoted to S&P 500, replacing Dish Network

Shares of Palo Alto Networks Inc. rallied in the extended session Friday after S&P Dow Jones said it would include the cybersecurity platform company’s stock in the S&P 500 index. Palo Alto Networks PANW, +0.21% shares surged as much as 5% in after-hours trading, following the announcement that Palo Alto Networks will replace Dish Network…

Lululemon stock stretches higher but SentinelOne plummets by a third, and other big movers

Lululemon stock stretches higher but SentinelOne plummets by a third, and other big movers

Here are some of the biggest movers in premarket trading Friday: Stock gainers: MongoDB Inc. shares MDB, +0.06% roared more than 25% higher in premarket trading Friday after the database-software company blew away expectations with its earnings and forecast delivered after Thursday’s closing bell. Shares of Lululemon Athletica Inc. LULU, -1.08% rallied nearly 15% after…

A record number of homes are being built to rent. Does this hurt house hunters?

A record number of homes are being built to rent. Does this hurt house hunters?

As aspiring homeowners contend with high mortgage rates, rising home prices, and a low number of homes for sale, the construction of single-family homes built deliberately to be rented is forging full steam ahead as investors bet on rentals. The number of newly built single-family homes being sold to investors to rent, or also known…

Meta threatens to block news stories in California if journalism bill passes

Meta threatens to block news stories in California if journalism bill passes

Facebook and Instagram parent Meta Platforms Inc. on Wednesday threated to block users in California from sharing news articles if lawmakers in its home state pass legislation requiring some tech companies to pay news publishers. The California Journalism Preservation Act, which is up for a vote in the state Assembly on Thursday, would require social-media…

How pay transparency laws affect small businesses

How pay transparency laws affect small businesses

This is reprinted by permission from .  Eight states have adopted pay transparency laws, including California and New York, with several more considering legislation. Much of the buzz around these laws has been regarding large corporations and their employees, but how do small businesses fit into the picture? Here’s what you need to know. Who must…

Bumble shares slump as Tariq Shaukat to step down as president

Bumble shares slump as Tariq Shaukat to step down as president

Shares of Bumble Inc. slumped Wednesday after the announcement that President Tariq Shaukat will step down from his position in September. Shaukat will remain in an advisory role for the transition after he resigns Sept. 1, Bumble said in a regulatory filing, noting his departure is voluntary. The company said it will start a search…

Stocks may have put the debt ceiling behind them, but here are more risks to the 2023 market rally

Stocks may have put the debt ceiling behind them, but here are more risks to the 2023 market rally

Fraught negotiations in Washington have yielded a deal on raising the U.S.’s borrowing capacity without sending the stock market into a tailspin, as some on Wall Street had feared they might. But more risks may lie ahead. Investors who spent the better part of the past month fixated on the welter of debt-ceiling related headlines…

BJ’s Wholesale weighs impact of organized retail crime. ‘We see it,’ says CEO.

BJ’s Wholesale weighs impact of organized retail crime. ‘We see it,’ says CEO.

The impact of organized retail crime has been a subtheme of earnings season in the retail sector, with BJ’s Wholesale Club Holdings Inc. CEO Bob Eddy the latest executive to weigh in on the issue. “Organized retail crime is definitely a thing,” he said, during a conference call to discuss the company’s first-quarter results Tuesday….

Opinion: Why Alphabet is a better bet than Meta Platforms if you’re investing in AI

Opinion: Why Alphabet is a better bet than Meta Platforms if you’re investing in AI

With shares more than doubling this year, Meta Platforms META, +0.18% seems to be a stock that just won’t quit. But given the choice, investors may want to consider digital-advertising competitor Alphabet GOOGL, -0.75% GOOG, -0.63% instead. Sure, Facebook parent Meta Platforms topped earnings expectations and posted bullish guidance. Yet just after celebrating those results, investors…

How many working Americans need food stamps? The answer may surprise you.

How many working Americans need food stamps? The answer may surprise you.

The debt-ceiling deal struck by President Joe Biden and House Speaker Kevin McCarthy over the weekend contains many compromises for both Republicans and Democrats. Some may be harder to stomach than others. Chief among them: changes to the federal government’s Supplemental Nutrition Assistance Program, or food-stamp program. “The agreement prevents the worst possible crisis, a…

I’m drowning in debt: Why can’t I be on somebody’s list giving money away?

I’m drowning in debt: Why can’t I be on somebody’s list giving money away?

Got a question about the mechanics of investing, how it fits into your overall financial plan and what strategies can help you make the most out of your money? You can write to me at [email protected].   I recently read the article you wrote about a person who had $5 million+ and couldn’t figure out how…

My husband won’t work and doesn’t have a driver’s license. What can I do?

My husband won’t work and doesn’t have a driver’s license. What can I do?

I am married, but we are both different people, and I get the feeling my husband doesn’t even like me. He’s too tired to leave, and we don’t have anything but bills. He doesn’t have a driver’s license, and he won’t even go to court to pay his fines and get it back. He’s content…

Wall Street tech darling Nvidia unveils more AI products — including a new supercomputer

Wall Street tech darling Nvidia unveils more AI products — including a new supercomputer

Wall Street clearly hasn’t seen anything yet. Nvidia Corp., the chip manufacturer that investors can’t seem to get enough of, announced a flurry of dazzling AI-related products over the weekend, including a new supercomputer, alongside plans to make online gaming figures come alive. “We’re now at the tipping point of a new computing era with…

WPP, Nvidia team up to build AI-enabled content engine for digital advertising

WPP, Nvidia team up to build AI-enabled content engine for digital advertising

U.K. advertising-holding company WPP is teaming up with U.S. chip giant Nvidia to develop a content engine that uses generative artificial intelligence for digital advertising, the companies said Monday. WPP WPP, +1.20% and Nvidia NVDA, +2.54% said that, by integrating 3D tools with generative AI, the engine will allow creative teams to produce commercial content…

The price of one Memorial Day barbecue essential has soared 28% since last year. It’s not meat or vegetables.

The price of one Memorial Day barbecue essential has soared 28% since last year. It’s not meat or vegetables.

If you plan to barbecue this weekend, here’s some good news: You’ll get slightly more beef for your buck. However, unless you want to eat your burger plain, you’ll need to shell out more dough for condiments and buns. A new study from data-analysis company Datasembly found that barbecue staples are more expensive than they…

Generation Z’s favorite investment may be a cause for concern. Here’s why.

Generation Z’s favorite investment may be a cause for concern. Here’s why.

Generation Z is getting smarter about their money, with some starting to invest even before they turn 18, according to a new report. The survey by FINRA Investor Education Foundation and the CFA Institute, which defines Generation Z as those aged between 18 to 25, concluded that 6 in 10 owned at least some investments….

‘Most jobs are vehicles and not destinations:’ Entry-level hiring slows, but these jobs are on the rise for new graduates

‘Most jobs are vehicles and not destinations:’ Entry-level hiring slows, but these jobs are on the rise for new graduates

Entry-level hiring is slowing.  Hiring for entry-level positions in the U.S is down 32% on the year in April for jobs that require a college degree and down 22% in April for jobs that do not require a college degree, according to a LinkedIn report released Monday. Hiring slowed across all industries in April. It…

Here are 7 financial commandments you can actually break

Here are 7 financial commandments you can actually break

Financial Literacy Month puts a spotlight on the financial knowledge Americans are supposed to know and often don’t. But what about financial knowledge that we think we know, but should reconsider? When it comes to money, we pick up lessons from a mish-mash of sources ranging from parents to TikTok videos to high school classes….