NewsWatch: Salesforce to acquire Slack in $27.7 billion deal, while results top Street estimates

This post was originally published on this site

MARKETWATCH FRONT PAGE

Salesforce.com Inc. shares declined in the extended session Tuesday after the cloud-based customer relationship-management company said it would acquire Slack Technologies Inc. in a deal worth $27.7 billion and topped Wall Street estimates for the quarter. See full story.

S&P 500, Nasdaq clinch record closes on renewed hopes for fiscal aid package

U.S. stocks finished sharply higher, with equities getting off to a strong start in December. See full story.

He turned $5,000 into nearly half a million with the help of Tesla options — now he’s all in on just two stocks

It was a November to remember for a trader going by the name of osbetel in Reddit’s stock-flipping “WallStreetBets” community, where outsized risk reigns and passive investing is left to the boomers. See full story.

Why the 2020s could favor market-timers over buy-and-hold U.S. stock investors

International stocks, gold and bonds may be a better bet for the next decade. See full story.

Joe Biden has a $335 billion child-care plan — and Republican lawmakers could be on board with parts of it

One possible silver lining for the pandemic: growing bipartisan support for increasing access to affordable child care. See full story.

MARKETWATCH PERSONAL FINANCE

The pandemic has canceled more than 50,000 blood drives, and NYC has just enough donor blood to last three days See full story.