Coca-Cola Stock Has Gone Flat. Is it Time to Buy?

The beverage company's steady sales growth makes it an attractive hedge. 


 
Marriott's stock drops as fourth-quarter revenue falls short

Profit jumps by 26%, but hotel operator's stock falls back further from all-time high on Feb. 8. 


 
Shopify's stock tanks after earnings. Here's what's spooking Wall Street.

Shopify's projection for higher operating expenses in the first quarter seems to be worrying investors, an analyst says. 


 
Hasbro's stock drops after another profit miss, downbeat sales outlook

Hasboro saw the third straight miss of earnings expectations, and the biggest miss on a percentage basis since second-quarter results of 2020, according to FactSet data. 


 
Phillips 66 Names Elliott-Backed Director to Board

Oil refiner Phillips 66 named former Cenovus executive Robert W. Pease to its board, succumbing to pressure from activist investor Elliott Investment Management. 


 
Russia Buying Musk's Starlink Systems in Arab Countries, Ukraine Says

Ukraine's military intelligence agency posted a recording that allegedly captures Russian soldiers discussing how to obtain the satellite internet system. 


 
Carl Icahn Reports Stake in JetBlue

The activist investor has a nearly 10% stake in the airline and may consider pushing for board representation. 


 
Google and Anthropic Are Selling Generative AI to Businesses, Even as They Address Its Shortcomings

"We're not in a situation where you can just trust the model output," said Eli Collins, vice president of product management at Google DeepMind. 


 
Tesla Stock Is Falling Again. Why the CPI Inflation Report Can Take Some Blame.

The electric vehicle maker is now the second worst performer in the S&P 500 so far in 2024, down 24.3%. 


 
BlackBerry to Lay Off More Staff in Profitability Push

The company said it had made progress toward separating its internet-of-things and cybersecurity businesses and expects a positive cash position in the coming fiscal year.


(END) Dow Jones Newswires

02-13-24 1515ET