U.S. stock futures struggle to hold gains after GDP data

U.S. stock futures struggle to hold gains after GDP data

U.S. stock futures struggled for direction on Wednesday, leaving Wall Street potentially on course for a third consecutive day of losses, as investors fret that soaring inflation is damaging the world’s biggest economy and battering corporate profits. How are stock-index futures trading? S&P 500 index futures ES00, -0.05% were little changed at 3,826.5 Dow Jones … Read more

AT&T, Verizon Raise Prices and Test Consumer Budgets

AT&T, Verizon Raise Prices and Test Consumer Budgets

AT&T, Verizon Raise Prices and Test Consumer Budgets

Zendesk Stock Soars on Report of Fresh Buyout Deal

Zendesk Stock Soars on Report of Fresh Buyout Deal

Text size Pedestrians walk past the entrance to Zendesk headquarters in San Francisco. David Paul Morris/Bloomberg Zendesk soared early Friday after The Wall Street Journal reported the provider of cloud-based customer-service software was in takeover talks with a group of buyout firms. Zendesk (ticker: ZEN) jumped more than 53% to $88.95 in premarket trading after … Read more

Blackberry stock slips after results top Street view

Blackberry stock slips after results top Street view

BlackBerry Ltd. shares ticked lower in the extended session Thursday after the cybersecurity and IoT company posted a slight beat to Wall Street expectations. BlackBerry  BB, +0.94% shares declined 1.5% after hours, following a 0.9% rise in the regular session to close at $5.37. The company reported a first-quarter loss of $181 million, or a … Read more

Zendesk Close to Striking Buyout Deal, Sources Say

Zendesk Close to Striking Buyout Deal, Sources Say

Zendesk Inc. is close to a deal with a group of buyout firms, according to people familiar with the matter, resurrecting a failed attempt to sell itself in what would be one of the biggest private-equity takeovers of the year. A deal with a group that includes Hellman & Friedman LLC and Permira could be … Read more