Johnson & Johnson earnings to test drug growth behind stock rebound
The health-care group’s second-quarter report will show whether recent gains reflect more than a defensive rotation into lagging m...
By Marcus V. Thorne 2 months agoMarkets Editor
Marcus V. Thorne
Marcus writes the market wraps and the flows analysis: equities, volatility, and the positioning behind the tape.
Latest from Marcus V. Thorne
Goldman and JPMorgan post record revenue as AI financing boom spreads
AI-linked trading, listings and infrastructure finance lifted second-quarter revenue at two Wall Street banks, according to compan...
By Marcus V. Thorne 2 months ago
Cybersecurity shares climb after IBM cites AI-related security spending review
IBM CEO Arvind Krishna said clients paused some deals while reassessing cyber budgets, sending several cybersecurity stocks higher...
By Marcus V. Thorne 2 months ago
Goldman Sachs shares hit record as earnings beat estimates
Goldman reported second-quarter revenue of $20.34 billion and EPS of $20.98, while CNBC’s Investing Club lifted its price target t...
By Marcus V. Thorne 2 months ago
VetnCare adds Oakland veterinary hospital in sixth Great Point-era deal
PE Hub reported that Great Point-backed VetnCare has acquired Holistic Veterinary Care, an Oakland animal hospital founded in 2009...
By Marcus V. Thorne 2 months ago
Cramer rejects Apple downgrade and favors Intel after Arm selloff
CNBC’s Jim Cramer said KeyBanc’s Apple concerns were speculative and pointed to Intel as Arm shares fell on a downgrade tied to fo...
By Marcus V. Thorne 2 months ago
Frontier to add Starlink Wi-Fi as budget carriers upgrade cabins
Frontier says its first Starlink-equipped Airbus jet will enter service in early 2027, joining four other low-cost airlines in a w...
By Marcus V. Thorne 2 months ago
DeepMind chief urges U.S.-led body to test advanced AI models
Demis Hassabis proposed a federally overseen public-private AI standards body as Washington weighs security risks and competition...
By Marcus V. Thorne 2 months ago
Lightyear Capital takes majority stake in Prosperity Partners
Lightyear made a majority growth investment in the Chicago tax and accounting services firm, while Unity Partners will retain a mi...
By Marcus V. Thorne 2 months ago
US inflation eased to 3.5% in June as energy prices fell
The consumer price index declined 0.4% on the month, below Dow Jones forecasts, while core inflation slowed to a 2.6% annual rate.
By Marcus V. Thorne 2 months ago
Buffett leaves Gates Foundation out of annual Berkshire stock gifts
Berkshire Hathaway said Warren Buffett will give 12 million Class B shares to four family-linked foundations, excluding the Gates...
By Marcus V. Thorne 2 months ago
Business groups press Senate to drop Pentagon contractor payout limits
A Senate defense bill provision would restrict buybacks and dividends by Pentagon contractors unless the Defense Department grants...
By Marcus V. Thorne 2 months ago