The 88-year-old activist investor’s stake in his own company has fallen by nearly $20 billion. Mr. Icahn said that he was “absolutely not selling.”
Category: Stocks and Bonds
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Low Interest Rates Pose Risks for Investors
While rate cuts are welcome in much of the economy, they pose problems for risk-averse investors who relish high money market and bond yields.
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7-Eleven Rejects Takeover Bid From Big Canadian Chain
Japan’s Seven & i Holdings, the operator of 7-Eleven, has rebuffed a buyout offer that would have been the largest foreign-led acquisition of a Japanese company.
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Slowdown Déjà Vu Rattles the Markets
Investors sent technology stocks and other assets tumbling on concerns that the U.S. economy could be headed for a hard landing.
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U.S. Market Slump Led by Nvidia Sparks Global Sell-Off
A sharp decline in major U.S. stock indexes, led by tech stocks like Nvidia, reverberated through Asia and Europe on Wednesday.
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Japan Stocks Tumble as U.S. Market Slump Sparks Global Sell-Off
A sharp decline in major U.S. stock indexes reverberated through Asia on Wednesday, with investors still rattled by last month’s market meltdown.
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Stock Prices and Oil Fall in Sharpest Decline Since Early August
The S&P 500 fell more than 2 percent on Tuesday, its biggest single-day drop since an early August meltdown.
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Warren Buffett’s Berkshire Hathaway Hits $1 Trillion in Market Value
Warren Buffett’s conglomerate joined a small club of companies that have crossed the mark.
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In Peak Election Season, the Stock Market Is Often Fickle. Be Patient.
With the political conventions behind us and a rate cut expected soon, the market has been rallying, yet our columnist says it’s safer to play a longer game.
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Trump May Claim Credit for Stock Surges, but the Reality Is Far More Complicated
On Wall Street, claims that a president is responsible for the fate of the stock market are largely dismissed as bluster.