The cost for a 30-second commercial during the Super Bowl has reached a record high this year: $7 million. Some advertisers are even paying $4 million for a pregame ad. Since the first Super Bowl in 1967, the cost of a 30-second ad has gone up 185x, according to a…

There’s about to be a new king of the stock-market jungle. Microsoft Corp. is set to become the most highly valued U.S. company ever, surpassing the record market capitalization set by long-time leader Apple Inc. Microsoft’s stock MSFT, -0.32% has been on a roll this year, as it has ridden…

Budweiser has brought back its iconic Clydesdale horses in the company’s Super Bowl ad, as Anheuser-Busch touts a more traditional branding message after last year’s Bud Light controversy. The ad, entitled “Old-School Delivery,” marks the Clydesdale’s 46th Super Bowl appearance. A Labrador also features prominently in the ad, which Anheuser-Busch…

“Arm is getting the credit it deserves for the current, and future, state of the computing market.” In one of the biggest stories in tech this week, Arm Holdings ARM, +1.33%, a company that only recently returned to being a public company last September, saw a huge spike in its…

Most large cryptocurrencies were up during morning trading on Thursday, with Cardano ADAUSD, -2.17% seeing the biggest move, climbing 6.34% to 53 cents. Seven additional currencies posted rises Thursday. Solana SOLUSD, -0.38% climbed 3.85% to $104.49, and Bitcoin BTCUSD, +0.08% rose 2.08% to $45,095.80. Ripple XRPUSD, -1.01% rose 0.61% to…

Bitcoin and other cryptocurrencies continued their rally on Friday as digital assets neared peaks reached last month. Crypto bulls are looking for Bitcoin to finish the week above a key level, which, if accomplished, could pave the way for more gains. The price of Bitcoin has jumped 4% over the…

Maybe you thought the stock market had moved on from what could be called the Year of the Magnificent Seven in 2023, when that group of companies dominated the performance of the S&P 500. But the seven still have heavy weighting in the benchmark index. One way to cut this…

Amer Sports Inc., the Finnish sportswear company that went public last week, on Tuesday launched an offering of $600 million worth of seven-year high-yield bonds. The Helsinki-based company AS, +3.03% and some of its units have also entered a new credit agreement, under which they will have a new $600…

Hertz Global Holdings Inc.’s stock reversed early losses to close up 8.9% on Tuesday, as executives on the company’s earnings call outlined plans to return to profitability after a bigger-than-expected fourth-quarter loss. As expected, Estero, Fla.-based Hertz HTZ, -1.65% booked $245 million of charges relating to plans to reduce its…

A change in strategy has helped transform the GoodHaven Fund from a long-term underperformer into an outperformer since the end of 2019. The fund follows a concentrated-value approach and now has a four-star rating (out of five) in Morningstar’s Large Blend fund category. Larry Pitkowsky, managing partner of GoodHaven Capital…