Salesforce to buy data-security startup Own for $1.9 billion
Salesforce on Thursday announced a deal to acquire cloud startup Own Co. for about $1.9 billion in cash. Source link...
MARKET
Little-known Florida couple with GameStop winnings continues to build stake in JetBlue
A Florida couple is building up their stake in JetBlue Airways Corp. and has been discussing possible board representation at the airline, according to a filing on Thursday. Source link...
Small-cap stocks unloved in ETF flows — but Rob Arnott likes these ‘underdogs’
This week’s ETF Wrap looks under the hood of unusually strong flows in August. Source link...
Docusign posts earnings beat and turns to next leg of post-pandemic strategy
The e-signature company recently started rolling out a new platform that uses AI and lets customers analyze all their contracts. Source link...
Markets are uneasy as a U.S. recession looks more likely
Investors have been extra sensitive to weak economic data and talk about an upcoming recession. Source link...
Broadcom boosts AI revenue outlook, but stock falls after mixed earnings
While Broadcom beat on infrastructure solutions revenue in the latest quarter, it missed in semiconductor solutions and came up short on its overall revenue outlook for the current quarter. Source link...
J.D. Vance suggests ‘Grandma and Grandpa’ can provide child care for cash-strapped families. Many grandparents can’t afford to do that.
The assertion that grandparents or anyone else should be providing child care without a plan to pay them “plays into this harmful narrative that undervalues caregiving,” one advocate says. Source link...
What’s next for Boeing after the Starliner snafu?
Boeing’s troubled Starliner capsule will leave the International Space Station on Friday and return to Earth uncrewed — leaving two NASA astronauts to catch a ride home with SpaceX. Source link...
Utz Brands’ stock falls after snack maker is latest company to cut sales guidance due to cautious consumer
Consumption trends slowed in the current quarter as consumer value-seeking behavior led to discounting, says CEO. Source link...
JetBlue’s stock jumps 8% after airline raises third-quarter guidance to reflect better-than-expected revenue trends
JetBlue Airways Corp.’s stock jumped 6% early Thursday, after the discount airline raised guidance for the third quarter after revenue was boosted by improving in-month bookings and strength in Latin America, among other factors. Source link...
