: Neiman Marcus walks away from $3 billion merger offer from Saks Fifth Avenue: WSJ
Neiman Marcus Group LLC this week rejected a $3 billion offer to be acquired by Saks Fifth Avenue LLC, The Wall Street Journal reported Friday,...
: Nio’s stock falls after November delivery growth underperforms rivals
Shares of Nio Inc. NIO fell 0.8% in premarket trading Friday, after the China-based electric vehicle maker reported November delivery growth that was well below...
: Fisker stock bounces after EV maker cuts production guidance to free up more than $300 million in liquidity
Shares of Fisker Inc. FSR bounced 5.7% in premarket trading Friday, following the previous session’s close at a record low, after the electric vehicle maker...
: Pfizer’s stock falls 4% after saying it will not move to Phase 3 trial of weight-loss drug as twice-daily formation
Pfizer Inc.’s stock PFE fell 4% premarket Friday, after the company said it’s not planning to push ahead to a Phase 3 trial of a...
: Tesla’s stock heads for 3rd straight loss in wake of Cybertruck launch
Shares of Tesla Inc. TSLA slumped 1.7% in premarket trading Friday, putting them in danger of a third-straight loss, as the much-anticipated launch of electric...
: Alibaba downgraded by Morgan Stanley, which says PDD is top China e-commerce play
Alibaba BABA was downgraded to equal-weight from overweight at Morgan Stanley, with its price target cut to $90 from $110. The bank said a fundamental...
: AIG to sell more than $700 million worth of Corebridge Financial stock, less than a month after selling $1 billion
American International Group Inc. AIG said Friday that it will sell off another 35 million shares of Corebridge Financial Inc. CRBG, but will remain a...
: Instacart’s stock is on track for its lowest close since its September IPO
The stock of grocery-delivery app Instacart, which trades as Maplebear Inc. CART, is down 4.3% Thursday to put it on track for its lowest close...
: U.S. oil futures settle more than 2% lower after OPEC+ announces voluntary output cuts
U.S. oil futures settled with a loss of more than 2% on Thursday, even as OPEC+ announced that several of its member countries agreed to...