• Mar 13, 2025

Mnuchin Discounts US Recession, Says Stock Retreat ‘Makes Sense’

(Bloomberg) -- Former Treasury Secretary Steven Mnuchin discounted risks of a US recession, and played down the current selloff in equities, advising investors against overreacting to President Donald Trump’s aggressive trade tactics.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspe

  • Mar 13, 2025

Investment banking rebound set to be delayed amid market volatility, Morgan Stanley says

Wall Street was expecting a banner year for capital markets activity in 2025 after U.S. President Donald Trump was elected in November, buoyed by hopes of less regulation and lower corporate taxes. But the optimism has so far failed to translate into activity as clients take a wait-and-see approach in response to trade policy uncertainties.

  • Mar 13, 2025

Why UiPath (PATH) Stock Is Falling Today

Shares of automation software company UiPath (NYSE:PATH) fell 22.5% in the pre-market session after the company reported underwhelming fourth-quarter (fiscal 2025) results: its full-year revenue guidance missed significantly, disappointing investors. Revenue growth slowed to just 5% year-over-year, a clear sign that demand challenges aren't going away. Annualized recurring revenue (ARR) rose 14%, meaning existing customers are still expanding their usage, just not enough to offset weak new custo

  • Mar 13, 2025

Why Dollar General (DG) Stock Is Trading Up Today

Shares of discount retailer Dollar General (NYSE:DG) jumped 8.5% in the pre-market session after the company reported decent fourth-quarter results, which beat analysts' same-store sales expectations. While EPS missed, this was due to impairment charges totaling $214 million related to the store portfolio optimization review.