MarketWatch - Career

Microsoft to lay off 650 people from videogame business: WSJ - MarketWatch

Microsoft Corp. is laying off about 650 employees from its videogame business, the Wall Street Journal reported Thursday, citing an email from the head of...

Wholesale inventories in U.S. rise 0.1% in April - MarketWatch

Wholesale inventories in the U.S. rose a scant 0.1% in April, the government said Friday. Inventories are goods produced for sale that have not been sold...

OPEC leaves forecast for demand-growth unchanged - MarketWatch

The Organization of the Petroleum Exporting Countries on Tuesday left its forecast for 2024 oil-demand growth unchanged at 2.2 million barrels a day, or mbd,...

Herbalife shares jump after company raises adjusted profit forecast - MarketWatch

Shares of Herbalife jumped after hours on Wednesday after the company raised its full-year adjusted profit forecast. The wellness marketing platform raised...

Monster Beverage’s stock up 1.4% after company announces Dutch auction tender offer for up to $3 billion of its own stock - MarketWatch

Monster Beverage Corp.’s stock rose 1.4% early Wednesday, after the energy drink company said it has commenced a modified Dutch auction tender offer for up...

Cigna’s stock jumps 2.7% after earnings beat estimates and company raises guidance - MarketWatch

Cigna Group’s stock rose 2.7% early Thursday, after the healthcare and insurance company posted better-than-expected first-quarter earnings and raised its...

Dropbox says cybersecurity incident is unlikely to have a material impact on operations - MarketWatch

Dropbox Inc.’s stock dipped 1.7% in extended trading Wednesday after the company said a cybersecurity incident “has not had, and we do not believe it is...

Paramount Global mulls replacing CEO Bakish as it pursues merger - MarketWatch

Paramount Global’s board is mulling replacing Chief Executive Bob Bakish with a committee of top executives to run the entertainment giant on an interim...

Union Pacific’s stock jumps 3.9% after earnings top estimates - MarketWatch

Union Pacific Corp.’s stock jumped 3.9% in premarket trade Thursday, after the railroad operator posted better-than-expected first-quarter earnings....

IBM nears acquisition of HashiCorp: report - MarketWatch

IBM Corp. is closing in on acquiring cloud-software provider HashiCorp Inc. according to a report Tuesday in the Wall Street Journal. The deal, which could...

GE Aerospace coverage initiated with buy rating at Vertical Research Partners - MarketWatch

Vertical Research Partners has initiated coverage of GE Aerospace with a buy rating following the spinoff of GE Vernova Inc. this week. “The principal appeal...

Amazon completes $4 billion investment in Anthropic - MarketWatch

Amazon.com Inc. said Wednesday it has completed a $4 billion investment in AI startup Anthropic. The e-commerce giant made an additional $2.75 billion...

UL Solutions prices upsized IPO to raise $946.4 million - MarketWatch

UL Solutions, a testing, inspection and certification company, priced its upsized initial public offering late Thursday at $28 a share, closer to the high...

GoPro to reduce workforce 4% to shave $7.5 million in costs - MarketWatch

GoPro Inc.’s stock rose 3.6% in extended trading Tuesday after the digital-camera maker said in a filing that it will trim its workforce 4% to save about...

OPEC leaves forecast for oil-demand growth unchanged - MarketWatch

The Organization of the Petroleum Exporting Countries on Tuesday left its forecasts for growth in oil demand in 2024 and 2025 unchanged. In its monthly...

HireRight to be acquired by General Atlantic and Stone Point Capital in $1.65 billion deal - MarketWatch

HireRight Holdings Corp. has entered into an agreement to be acquired by investment funds affiliated with General Atlantic and Stone Point Capital, the...

Charles Schwab total January client assets up 14% from year ago, flat from December - MarketWatch

Charles Schwab Corp. said Wednesday total client assets in January rose 14% from the year-ago period, and remained flat with the previous month. Total core...

WK Kellogg’s stock rises after Q4 revenue beat - MarketWatch

WK Kellogg Co.’s stock rose 4.5% in premarket trades Tuesday after the cereal company reported better-than-expected fourth-quarter revenue despite a...

OPEC keeps 2024 oil-demand growth forecast at 2.2 million barrels a day - MarketWatch

The Organization of the Petroleum Exporting Countries on Tuesday left its forecast for growth in oil demand this year unchanged from its January outlook at...

Lattice Semiconductor’s stock drops 8% on revenue decline, weak sales guidance - MarketWatch

Lattice Semiconductor Corp.’s stock declined 8% in after-hours trading Monday after the company posted a decline in quarterly revenue and offered weak sales...

AMC Networks reports Q4 sales beat, but shares fall as subscriptions slide - MarketWatch

AMC Networks Inc. shares fell 3.6% in premarket trades Friday after the company’s fourth-quarter revenue took a hit from falling subscriptions. The network...

Cisco to lay off thousands in restructuring: report - MarketWatch

Cisco Systems Inc. is planning thousands of job cuts as it restructures its business to focus more on high-growth markets, according to a Reuters report...

Google’s AI chatbot has a new name: Gemini - MarketWatch

Alphabet Inc.’s Google has a new name for its Bard AI chatbot: Gemini. The company announced the change Thursday, and said it is releasing a dedicated Gemini...

Apple granted summary judgment in Apple Watch antitrust lawsuit brought by AliveCor - MarketWatch

Apple Inc. has scored a summary judgment in an antitrust lawsuit filed by AliveCor over heart-rate technology in the Apple Watch. Federal Judge Jeffrey White...

Disney’s board urges shareholders to reject activist investors attempting to join board - MarketWatch

Walt Disney Co. on Thursday said its board of directors is urging shareholders to “protect their investment and the future of the Company by voting the WHITE...

Zoom to cut 2% of staff: reports - MarketWatch

Zoom Video Communications Inc. said Thursday it will reduce its workforce about 2%, according to reports in the Wall Street Journal and Bloomberg. The job...

Dead & Company is coming to the Sphere this spring - MarketWatch

Dead & Company’s “final tour” isn’t the end of the road for the Grateful Dead offshoot, after all. The John Mayer-led band confirmed Wednesday they will...

F5’s stock rises 7% on strong sales forecast, earnings beat - MarketWatch

Shares of F5 Inc. jumped 7% in after-hours trading Monday after the cloud company reported quarterly results. F5 posted fiscal first-quarter net income of...

Western Digital’s stock dips nearly 4% on revenue decline - MarketWatch

Western Digital Corp.’s stock declined nearly 4% in after-hours trading Thursday after the company posted quarterly results. Western Digital reported a...

Paramount Global stock rises on report Skydance may partner on buyout bid - MarketWatch

Paramount Global shares rose 3% in premarket trade, as CNBC reported that David Ellison’s Skydance Media is interested in leading a deal to buy the media...

Vince McMahon accused of sex trafficking by former WWE employee: report - MarketWatch

A woman who once worked for World Wrestling Entertainment Inc. has accused its former chief executive Vince McMahon, the company and a former executive of...

Justice Department could sue Apple as soon as March: report - MarketWatch

The Justice Department could file an antitrust lawsuit against Apple Inc. as soon as March, Bloomberg reported Tuesday, citing people familiar with the...

OPEC leaves forecast for 2024 oil-demand growth unchanged at 2.2 million barrels a day - MarketWatch

Global oil demand will grow by 2.2 million barrels a day, or mbd, in 2024, the Organization of the Petroleum Exporting Countries forecast in its monthly...

Latest round of layoffs at Alphabet targets YouTube: report - MarketWatch

YouTube is shaving an unspecified number of jobs, according to multiple reports, the latest sign of belt-tightening at Google parent Alphabet Inc. According...

Delta 2024 EPS outlook $6–$7, expects free cash flow of $3 billion-$4 billion - MarketWatch

Delta Q3 adj. EPS $1.28, vs. $1.48 a year ago, above the FactSet consensus of $1.16; stock falls 5% premarket - MarketWatch

DocuSign’s stock pops 10% on new report of sale - MarketWatch

Shares of DocuSign Inc. surged 10% late Thursday following a report that private-equity firms Bain Capital and Hellman & Friedman are competing to acquire...

TG Therapeutics agrees to purchase a global license to a Car T cell therapy program for autoimmune diseases - MarketWatch

TG Therapeutics Inc.’s stock rallied 11% early Wednesday, after the biotech said it’s entered an agreement with microcap Precision BioSciencies Inc. to...

Intuitive Surgical stock rallies on sales forecast, as demand for robot surgeons rises - MarketWatch

Shares of Intuitive Surgical Inc. rallied after hours on Tuesday after the maker of robotic surgical equipment said it expected fourth-quarter sales that...

Albertsons’ stock falls after earnings beat expectations but margins decrease - MarketWatch

Shares of Albertsons Companies Inc. dropped 0.7% in premarket trading Tuesday, after the grocery-store chain reported fiscal third-quarter profit and sales...