The value of 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
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.
Boeing Faces a Steep Climb in Catching Up to Airbus
As Boeing works to address quality control issues, its new chief starts at a disadvantage in competing with the other big maker of passenger planes.
After Stock Market’s Wild Week, Wall Street Wonders What’s Next
Investors now have a factor to consider beyond the pace of inflation: Could the next sign of sputtering economic growth send stocks into a tailspin?
To Avoid an Economic Recession, Consumer Spending Is Key
Consumer spending has powered the economic recovery from the pandemic shock. Now wallets are thinner, and some businesses are feeling the difference.
Stock Markets Signal Recession Fears. Here’s the Economic Outlook.
The economy has repeatedly defied predictions of a downturn since the pandemic recovery began. Now signs of strength contend with shakier readings.
Fears of Slowing U.S. Growth Jolt Markets Around the World
A rout that began in Asia continued in Europe, and U.S. stocks fell sharply.
Tech Companies to Keep Spending on A.I. Despite Worries of Slow Payoff
Big technology companies show no signs of slowing their spending on artificial intelligence, even though a payoff still looks a long way away.
Wall Street Seems Calm. A Closer Look Shows Something Else.
The S&P 500 has climbed sharply this year, with few big swings. Below the surface, though, there’s a great deal of turmoil
Where Have All the Chinese I.P.O.s Gone?
Chinese companies’ stock market listings once flooded Wall Street. These days, China’s initial public offerings are in a drought.