Market Mayhem Triggers Deal-Making Drought – The Wall Street Journal

Market Mayhem Triggers Deal-Making DroughtThe Wall Street Journal

Here’s how far oil could fall in a recession, judging by past experiences – MarketWatch

Here’s how far oil could fall in a recession, judging by past experiencesMarketWatch

Kohl’s failed takeover was just one of a wave of abandoned deals amid market volatility

Kohl’s Corp. announced Friday that takeover talks with Vitamin Shoppe parent Franchise Group Inc. have ended, adding to a wave of ditched business deals amid unfavorable market conditions. Kohl’s KSS, -21.36% said it communicated with 25 parties, but Franchise Group’s FRG, -8.50% bid of $ 60 per share led to “exclusive negotiations.” “Despite a concerted … Read more

Dow down more than 500 points as brutal first half comes to close

US stocks opened sharply lower on Thursday following the release of closelywatched inflation data, while Wall Street was headed for its worst first half of the year in more than 50 years. How are stock-index futures trading? The S&P 500 dropped 72 points, or 1.9%, to 3,746. The Dow Jones Industrial Average fell 509 points, … Read more

Why stock-market volatility may rise Friday due to Russell rebalancing

Investors are bracing for a heavy day of trading Friday due to the rebalancing of the Russell US equity indices, an annual reconstitution that comes amid elevated volatility in the stock market. Global index provider FTSE Russell kicked off the rebalancing process on May 6, or so-called rank day, to ensure the indices accurately reflect … Read more

Opinion: ‘The stock market is not going to zero’: How this individual investor with 70 years of experience is trading the bear market

Not many investors can claim a lifetime of stock-market success. Warren Buffett of Berkshire Hathaway BRK.A, -1.94% BRK.B, -1.39% comes to mind, of course, but what about Warren Kaplan? Who? Kaplan is an 85-year-old individual investor with 70 years of stock-trading experience. Kaplan grew up in a poor family in the Bronx, NY, but by … Read more

Meta Platforms poised to become ‘value’ stock in Russell reshuffling this month, says Jefferies

Facebook parent Meta Platforms Inc., whose shares have tumbled over the past year, is set to become a value stock based on preliminary data for the rebalancing of the Russell US equity indexes later this month, according to Jefferies. Under preliminary results released by FTSE Russell on Friday, a “good chunk” of Meta’s shares will … Read more

Next big shoe to drop in financial markets: Inflation that fails to respond to Fed rate hikes

Traders, investors and strategists are adding one more factor to the list of reasons why financial markets may be in for more volatility through at least the next three to four months: the likelihood that Fed rate hikes will not put a dent in inflation by then . Wednesday’s price action reflected the continued anxiety … Read more

Next big shoe to drop in financial markets may still be ahead on inflation that fails to respond to Fed’s rate hikes

Traders, investors and strategists were adding one more factor to the list of reasons why financial markets may be in for more volatility through at least the next three to four months: the likelihood that Fed rate hikes will not put a dent in inflation by then . Wednesday’s price action reflected the continued anxiety … Read more

Former Theranos President Ramesh ‘Sunny’ Balwani Begins His Defense

SAN JOSE, Calif. — Ramesh “Sunny” Balwani was not in charge at Theranos Inc., and the blood-testing company was neither his idea nor its creation, his attorney told a jury Tuesday as the second criminal-fraud trial involving the defunct Silicon Valley startup got under way. The responsibility for the rise and fall of Theranos rests … Read more