Dow Drops 235 Points, Nasdaq Ends Largely Intact
A worse-than-expected unemployment report and an airline profit warning batter blue-chips.
Indigo Soars 17.6% After Hewlett-Packard Investment
H-P will invest $100 million in the Dutch maker of digital color printing systems.
Bank of England Plans Emergency Bond Market Intervention Amid Historic Pound Slump
"Were dysfunction in this market to continue or worsen, there would be a material risk to UK financial stability," the BoE said.
Biogen Stock Soars On Promising Data From Late-Stage Alzheimer’s Drug Trial
“Today’s announcement gives patients and their families hope that lecanemab, if approved, can potentially slow the progression of Alzheimer’s disease," said Biogen CEO Michel Vounatsos.
Apple Stock Slides On Report of iPhone Production U-Turn Amid Waning Consumer Demand
Just weeks after reportedly asking suppliers to prepared for a surge in iPhone demand, Apple is reportedly paring-back plans to boost production.
DocuSign Stock Jumps On Job Cut Plan Ahead Of New CEO Allan Thygesen
DocuSign said the job cuts will "improve operating margin and support the company’s growth, scale and profitability objectives".