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IAC Pivots to Family Care With Acquisition of

IAC announces the purchase of, a day after it officially announced the spinoff of Match Group. Jumps as Activist Investor Urges Review of Strategic Alternatives jumped after Engine Capital urged the online caregiving marketplace to explore strategic alternatives while it searches for a new CEO. Shares Slump After Chief Financial Officer Resigns's finance chief resigns a few months after a Wall Street Journal report that many day-care centers listed on the company's site were unlicensed.

Trader's Daily Notebook: Worried About Volume? Just Let It Go

Old-line momentum favorites fare well. (CRCM) Is Weak On High Volume Today

Trade-Ideas LLC identified (CRCM) as a weak on high relative volume candidate

Breaking News

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.