ServiceNow Stock: ServiceNow Profits Miss Amid Acquisitions, Revenue Tops
ServiceNow (NOW) stock fell Wednesday evening after the business software maker reported third-quarter results below consensus estimates amid acquisitions. Meanwhile, revenue and key financial indicators exceeded expectations. ServiceNow’s earnings…
Wendy’s gets buyout offer from activist investor Nelson Peltz
Shares of Wendy’s jumped more than 14% Wednesday after high-profile investor Nelson Peltz made an offer to buy the chain, which has been struggling with high beef prices and aging stores. Peltz’s Trian Fund Management and several partners are…
Chipotle Mexican Grill (CMG) Third Quarter 2026 Results
Chipotle Mexican Grill sign outside the chain’s restaurant in the Mission Rock development, San Francisco, California, October 15, 2026. ( Smith/gado collection | Photo archives | Getty Images Chipotle Mexican Grill released mixed quarterly results…
Weil Gotshal to relax after stunning fall for heavyweight company
Weil Gotshal & Manges plans to end its activities, its managers told its partners on Wednesday, according to a source informed of the decision. The move marks a stunning collapse for the nearly century-old law firm, once a corporate powerhouse whose…
Oracle Stock Sees Average Growth of 35% Through 2030
Oracle shares jumped 12% on Wednesday after the software company issued a revenue forecast of $225 billion for fiscal 2030, implying average annual growth of 35%, and said it would limit additional fundraising over that period to $20 billion. At its…
Live updates from Fed meeting: Interest rates held steady in split vote, Warsh says politics played ‘no role’ ahead of midterm elections
Wall Street can’t make up its mind about the Fed. Stocks fell after the 2 p.m. statement, rallied as Fed Chairman Kevin Warsh spoke, then retraced much of that trend. The S&P 500 (^GSPC) makes a small gain, and chip stocks do most of the…
Young lawyers from Weil are invited to find work in a firm in danger (1)
The head of the Weil Gotshal & Manges group has asked his young lawyers to look for jobs, highlighting the firm’s perilous situation as he consults with a restructuring lawyer. Alex Lynch, who heads Weil’s capital markets group,…
Fed October 2026 Interest Rate Decision: Fed Keeps Rates Stable
The Federal Reserve voted Wednesday to maintain benchmark interest rates, choosing to take a patient approach in its fight against inflation despite mounting evidence that price pressures are proving more worrisome than policymakers had hoped. In a…
xAI buys out owners who promise not to sue over data center noise – The Verge
xAI buys out owners who promise not to sue over data center noise The edge ‘Elonville’: US residents say Musk’s xAI offered to buy homes if they don’t sue over data center noise The Guardian XAI Proposes Mississippi Home Buyout to…
Alphabet, Microsoft report after the bell. What Options Traders See
Options traders have taken contrasting views on Alphabet as the hyperscaler prepares to report post-closing earnings. Current option prices imply a move of almost 6%, well close to its eight-quarter median move of 2.6%. Traders were decidedly bullish…