LVMH leads luxury stock rally following record 2023 results despite market slump 
 
 
One Stock in the 'Magnificent Seven' Isn't So Magnificent

Tesla shares have dropped during an otherwise banner stretch for technology heavyweights. 


 
Cyber Management Details Emerge Under SEC Rules

Initial filings from Lockheed and others are setting direction for security governance disclosures. 


 
Visa Profit Climbs Amid Higher Payments Volume

The digital payments company posted a net profit of $4.89 billion, citing resilient consumer spending. 


 
WuXi Company Shares Tumble on U.S. Bill Aimed at Chinese Biotech

Shares of the WuXi family of companies tumbled on concerns a proposed bill will block the U.S. government from doing business with Chinese biotechnology companies due to alleged military ties. 


 
Salesforce Laying Off 700 Workers in Latest Tech-Industry Downsizing

The cuts, which will affect around 1% of the company's workforce, follow a 10% reduction last year. 


 
Lenovo Shares Fall After Intel Guides for Soft Sales

Lenovo's shares fell sharply after U.S. chipmaker Intel flagged a tepid sales outlook in the first quarter of the year, raising concerns about a long-awaited rebound in the personal computer market. 


 
Top Job at Levi Strauss Offers Retail Veteran a Second Chance

Michelle Gass battled activists when she ran Kohl's. Can her 'no regret' moves keep the growth going at the denim maker? 


 
Intel Gives Muted Outlook Even as PC Recovery Lifts Sales

The chip maker hopes that the AI boom will lift fortunes. 


 
Warburg Pincus and TA Associates to Sell Procare Solutions in $1.86 Billion Deal

Buyout shop Warburg Pincus has backed Procare since 2018, while peer TA has been an investor since 2015.


(END) Dow Jones Newswires

01-26-24 0715ET