Bloomberg Business

Shopify shares rose 1.2% Wednesday, paring some gains from earlier in the day, after winning over one more analyst.

Peloton Interactive Inc. shares slipped 11.2% Wednesday, the largest drop since October, after Morgan Stanley said the fitness company’s web traffic has decelerated and may hinder future growth.

Cirrus Logic Inc. shares fell 12% on Wednesday as analysts highlighted risks to the Apple Inc. supplier’s bottom line from a reported design change to the iPhone 15.

Rising demand to install offshore wind for zero-carbon electricity means the supply chain will need to triple before the end of this decade, Orsted AS’s chief said.

Fox Corp. Chairman Rupert Murdoch is expected to be called to the witness stand in the trial of Dominion Voting Systems’ $1.6 billion defamation lawsuit against his company as soon as Monday, according to people familiar with the matter.

Brazil central bank chief Roberto Campos Neto told investors he was encouraged by this week’s inflation print but wants to see a downward trend before altering course, according to three people familiar with the conversations.

US stocks limped into the final minutes of the trading day after data showed inflation moderated, but was likely not enough to forestall the Federal Reserve from raising interest rates one more time this year.

Donald Trump is seeking a four-week delay to a civil trial over his alleged rape of New York author E. Jean Carroll, citing a “deluge” of publicity from his recent unrelated criminal indictment.

The US government has declared the drug cocktail an emerging threat.

Former President Donald Trump filed a $500 million lawsuit against his former attorney Michael Cohen for allegedly violating their attorney-client bond and spreading “embarrassing or detrimental” lies.