GitLab rallies on buyout report
Tech stock posts double-digit gain in premarket trades on robust volume. Source link...
MARKET
Amazon is sitting on a ‘hidden gem’ worth $46 billion, this analyst says
Needham analyst Laura Martin thinks investors should pay attention to Amazon’s Twitch live-streaming business. Source link...
Johnson & Johnson stock seesaws lower after profit beat, but outlook was lowered
Johnson & Johnson’s stock seesawed into the red in early trading Wednesday, after the drugmaker beat second-quarter profit expectations but lowered its full-year outlook. Source link...
Oil prices struggle to snap 3-day losing streak despite in crude inventories
Oil futures traded flat to slightly lower, struggling to hold on to gains seen after industry data showed a large drop in U.S. crude inventories ahead of official figures due Wednesday morning. Source link...
Stop asking for time off, these bosses say. Just take it.
These bosses went viral for posting about time off. MarketWatch asked them why it’s still such a touchy topic. Source link...
‘Our children don’t have the discipline to manage their own money’: My wife and I have $4.5 million saved for retirement. How long will this last?
“It’s time we think of leaving a legacy for our two adult children.” Source link...
Did Trump actually say he would let Powell serve out his full term? Look closely at his response
The former president shared his thoughts on the dollar and Jerome Powell in an interview with Bloomberg Businessweek. Source link...
Traders trim Bank of England August rate cut chances after U.K. inflation data
The British pound rose on Wednesday as an August interest rate cut by the Bank of England was considered slightly less likely after U.K. inflation for June matched the central bank’s target but was a touch faster than economists’ forecasts....
Warner Bros. Discovery is laying more people off. BofA says ‘exploring strategic options’ would help the stock.
Warner Bros. Discovery is planning to lay off somewhere under 1,000 employees, according to reports and a person familiar with the matter, the latest cuts for the media company after its formation more than two years ago. Source link...
Here is the real reason Elon Musk is moving SpaceX and X to Texas
Elon Musk’s reasons for moving SpaceX and X headquarters to Texas go far beyond a new California law protecting the rights of gay and transgender kids. Source link...
