Apple's stock flirts with best day in four months as analyst explains why bears should show caution 

"Sentiment and positioning are both so one-sidedly negative" that positive iPhone demand signals could lift stock "quickly higher," says Mizuho.

Talks Resume in Detroit Amid Threat of Expanding Strike 

Wages remain focal point, and investors already are sizing up the potential hits to the automakers' bottom lines.

Nikola Stock Soars 32% After Announcing New COO 

The electric truck start-up appointed Mary Chan to the position. She previously held roles at GM and Dell.

Tesla, Saudi Arabia in Early Talks for EV Factory 

The kingdom is trying to boost foreign investment but has a contentious history with Elon Musk.

Instacart Starts Trading Tuesday. Valuation Is Key. 

Confidence in the gig economy combined with the success of advertising will help decide the grocery-delivery company's future as it goes public.

CEO of Naspers and Prosus Steps Down 

Bob van Dijk's departure ends a near decadelong tenure that saw the company wrestle with the complications stemming from its multibillion-dollar stake in Tencent.

Clorox Says Cyberattack Hurt Product Availability, Will Weigh on Quarter 

The bleach and cleaning-wipe maker said that it believes the cyberattack is now contained but that it will cause a material impact to current-quarter financial results.

Arm IPO Excites Wall Street, but Challenges Loom 

The British supplier of designs for chips, long seen as the industry's Switzerland, is challenged with growing beyond its dominance in mobile phones without upsetting existing customers.

Martin Sorrell's S4 Capital Lowers Expectations, Citing 'Challenging' Macro Backdrop 

The company has cut about 500 jobs over the past year, with plans for more cost control "given the current market conditions," it says.

China's Moutai Wants to Satisfy All Your Cravings 

The company is diversifying from liquor into chocolates and other goodies. The new offerings might not stick, but its core brand is so valuable that may not matter.


(END) Dow Jones Newswires

September 18, 2023 17:15 ET (21:15 GMT)

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