Palo Alto Networks' stock falls after earnings as forecast fails to impress
The stock was down about 10% in after-hours action Monday. It lost 28% in the session after the last earnings report.
Peloton Interactive Gets $1.4 Billion In Fresh Credit
The company will enter a $1 billion five-year term loan facility and a $100 million five-year revolving credit facility.
Jamie Dimon Says His Retirement Is Getting Closer. Finally.
The JPMorgan chief executive says his timeline "isn't five years anymore."
Johnson Controls Stock Pops on Report Activist Investor Has Built Up Its Stake
A report says Elliott Investment Management has been building a position in the air conditioning and building security supplier.
Hims & Hers Health to Offer Injectable Weight-Loss Drugs on Telehealth Platform
Hims & Hers Health shares soared after the company said it would add injectable weight-loss drugs to its platform, granting access to the popular treatments to its telehealth patients.
Red Lobster Files for Bankruptcy With Plan to Sell Business and Reduce Locations
The largest seafood restaurant chain in the U.S. failed to recover from dwindling traffic it suffered during the pandemic as menu prices crept higher. An unlimited shrimp deal also took a bite out of earnings.
Micron's stock rises as Morgan Stanley admits its bearish stance 'was a mistake'
An analyst said he failed to properly appreciate how high-bandwidth memory would drive stock momentum.
Elon Musk's Neuralink Gets FDA Green Light for Second Patient
The brain-chip startup has proposed solutions for a thread pullout problem experienced by its first participant, Noland Arbaugh.
Grayscale CEO Michael Sonnenshein Steps Down
The crypto asset manager is battling an investor exodus from its flagship bitcoin fund.
Musk Effect Drives Spread of Supersize CEO Pay Packages
Elon Musk didn't just upend the global auto business and space missions. The billionaire is also reshaping the landscape of executive pay.
(END) Dow Jones Newswires
05-20-24 1715ET
