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May 08, 2024
Duolingo Inc. on Wednesday said it saw a jump in demand in the first quarter, but investors appeared more concerned about the second, even as the language-learning app offered up more optimism further out.
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May 08, 2024
U.S. states' tax revenues from legal cannabis sales have surpassed $20 billion in total since the recreational marijuana industry kicked off 10 years ago, according to a study by the Marijuana Policy Project.
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May 08, 2024
This just gives Congress more time to procrastinate on this critical issue
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May 08, 2024
Beyond Meat sees less demand for its plant-based meats, blames inflation and high interest rates.
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May 08, 2024
Continued growth in advertisements on connected TV helped Trade Desk Inc. beat earnings expectations for the latest quarter when it reported results Wednesday afternoon.
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May 08, 2024
Maplebear Inc. — the grocery-delivery platform better known as Instacart — said Wednesday that its chief financial officer had resigned, effective immediately, and appointed a veteran of Uber Technologies Inc. in his place.
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May 08, 2024
AMC Entertainment Holdings Inc. narrowed its loss in the company's first-quarter results after the bell Wednesday, and outperformed amid the lingering impact of the Hollywood writers' and actors' strikes, according to Chief Executive Adam Aron.
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May 08, 2024
The rap beef between Drake and Kendrick Lamar is leading to more sales of, well, beef.
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May 08, 2024
Investors were liking the latest numbers from AppLovin on Wednesday, as its stock headed higher in the extended session.
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May 08, 2024
Regional banks and the federal government are big losers of higher rates, but so are cities reeling from wobbling commercial real estate, says Starwood Property Trust's CEO.
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May 08, 2024
Biden's policies are seen as much more friendly to gig workers, and his re-election could offer a fresh challenge for companies like Lyft and DoorDash.
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May 08, 2024
Robinhood says it snapped up business from brokerage rivals and made inroads among gold investors.
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May 08, 2024
Apple Inc.'s new ad for the latest iPad is a shockingly bad image for a company that has for years sold its products to creators, sparking a fury of outraged comments among consumers and its customers.
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May 08, 2024
After a sharp run for Arm shares recently, they looked set to give back some of their gains after Wednesday afternoon's earnings report.
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May 08, 2024
A weekly look at the most important news and moves in crypto, and what's on the horizon in digital assets.
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May 08, 2024
As U.S. stocks have rebound from last month's selloff, options traders aren't buying as many contracts that would pay off if the market were to crash.
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May 08, 2024
Fernando Rivas is joining the bank as it staffs up its investment-banking practice.
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May 08, 2024
Gamblers who play slot machines may soon be able to win more money before the Internal Revenue Service takes notice — and it could be the recent stretch of hot inflation that melts away some longstanding rules around gambling and taxes.
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May 08, 2024
Bank of America has suddenly reported a sharp jump in the size of loans and hardship withdrawals from its 401(k) plans
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May 08, 2024
Apple is astutely guarding its proprietary golden goose.
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May 08, 2024
Why slow and steady really does win the race.
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May 08, 2024
President Joe Biden on Wednesday talked up a Microsoft Corp. plan for a data-center complex in Wisconsin's Racine County, while also criticizing GOP presidential nominee Donald Trump's economic record in that part of the swing state.
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May 08, 2024
Analysts are worried about Victoria's Secret losing market share — potentially to brands from celebrities like Kim Kardashian and Rihanna — and cutting prices in an effort to spur demand.
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May 08, 2024
History shows the S&P 500 tends to do well when the Federal Reserve leaves rates on hold.
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May 08, 2024
The historic first crewed launch of Boeing Co.'s Starliner spacecraft will take place no earlier than May 17, after Monday's launch attempt was scrubbed two hours before takeoff.
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May 08, 2024
Boston Fed President Susan Collins said Wednesday that she wasn't surprised by the unwelcome news on inflation given the rapid progress seen last year, but she added that the economy needs to slow more in order to cool price pressures in the coming months.
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May 08, 2024
Modernized senior centers offer activities and community for a growing population
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May 08, 2024
Carl Icahn's investing arm narrowed its loss in the first quarter even as revenue fell.
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May 08, 2024
Shopify is expecting its gross margin to shrink by 50 basis points in the second quarter.
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May 08, 2024
"Let's stop buying from these jokers," one consumer said. "I bet they reduce these prices real quick."
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May 08, 2024
Your healthcare is still on the line, even if Medicare Part A's funding will be depleted five years later than expected.
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May 08, 2024
Rivian Automotive Inc.'s stock may regain investor interest if the electric-vehicle maker achieves a measure of profitability later this year, but for now most Wall Street analysts remain on the sidelines.
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May 08, 2024
Stock falls premarket as same-restaurant sales for both Applebee's and IHOP chains fell more than expected.
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May 08, 2024
A new Zillow report reveals exactly how much annual income someone needs to comfortably pay the exorbitant housing costs in the Big Apple and other major cities.
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May 08, 2024
Oil futures touched their lowest levels in about eight weeks on Wednesday, but prices for the U.S. benchmark turned higher following U.S. government data showing an unexpected weekly decline in domestic crude inventories.
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May 08, 2024
Snap's stock pulled back Wednesday after the parent of the video-messaging app Snapchat planned to take advantage of the recent runup in its stock price to sell convertible debt.
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May 08, 2024
The depletion of private inventories subtracted from the U.S. GDP in the first quarter.
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May 08, 2024
Demand for new homes has been strong, despite high mortgage-loan rates.
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May 08, 2024
Intel's stock took a hit Wednesday after the semiconductor giant disclosed that a U.S. government ruling will stop the export of some of the company's products to a customer in China.
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May 08, 2024
Affirm, the buy-now-pay-later company, issued upbeat results and guidance.
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May 08, 2024
Yields on U.S. government debt edged higher Wednesday morning, with the benchmark 10-year rate climbing from a four-week low, a day after a Federal Reserve official failed to rule out the possibility that the central bank's next move may be to hike borrowing costs.
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May 08, 2024
Prosecutors are reviewing whether Telsa or CEO Elon Musk told consumers that self-driving technology means cars can drive themselves.
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May 08, 2024
AstraZeneca said it's withdrawing its COVID-19 vaccine worldwide, with the company saying there's a surplus of available vaccines that are available.
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May 08, 2024
"I don't yet have a good strategy for liquidating my current assets for income."
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May 08, 2024
Digital subscriptions rise by 210,000 in a 'strong start' for the year.
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May 08, 2024
Virgin Galactic Holdings Inc. gave an update on its closely-monitored cash position when it reported its first-quarter results after the bell Tuesday, with the company's cash burn, in particular, attracting attention.
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May 08, 2024
The hedge fund trader stands accused of misleading banks and manipulating prices through huge, shadowy stock buys, but he argues he did nothing illegal.
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May 08, 2024
Analyst cites "weaker earnings and profitability profile in addition to execution risk."
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May 08, 2024
Stock falls premarket as same-restaurant sales for both Applebee's and IHOP chains fell more than expected.
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May 08, 2024
The rally in Chinese stocks may have legs because options traders have yet to chase it, say analysts at Bank of America.
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May 08, 2024
Mortgage applications rose 2.6% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.18%.
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May 08, 2024
If you're worried about the projected shortfall that will come in 2035, here's how to do the math on your own retirement-success chances.
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May 08, 2024
Next week's CPI data could "shock" the market in a couple of ways, cautions Goldman Sachs.
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May 08, 2024
IP shares dip 1% in premarket trades after the company says it's focused on buying DS Smith despite ‘speculation'
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May 08, 2024
The rally in Chinese stocks may have legs because options traders have yet to chase it, say analysts at Bank of America.
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May 08, 2024
Toyota said a combination of higher sales and stronger margins saw it more than double its profits in the first quarter of 2024, as its rival BMW saw its profits slump
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May 08, 2024
"Let's stop buying from these jokers," one consumer said. "I bet they reduce these prices real quick."
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May 08, 2024
President Joe Biden's visit to the Dairy State on Wednesday will feature the Democratic incumbent highlighting a Microsoft expansion plan on land meant for Foxconn during the Trump era, according to a Milwaukee newspaper's report.
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May 08, 2024
"When I finally learned I'd been scammed, it took me a decade to pull my money out of the various annuities little by little, year by year."
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May 08, 2024
Tech titan Eric Schmidt and his wife Wendy Schmidt are selling their lavish abode in Atherton, Calif.
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May 08, 2024
They may seem counterintuitive in light of the emphasis on electrification, but these off-road SUVs make all the sense in the world.
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May 08, 2024
Some of these excellent wagons are high-performance, others are surprisingly capable off-road.
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May 08, 2024
Bond yields nudged higher early Wednesday, climbing off a four-week low after a Federal Reserve official warned the central bank's next move may be to raise borrowing costs.
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May 08, 2024
The dollar rallied against the Swedish krona on Thursday after Sweden's Riksbank became the second major central bank to cut interest rates this cycle.
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May 08, 2024
Anheuser-Busch InBev reported stronger-than-forecast first-quarter profits in what was the final period where the consumer boycott of Bud Light will impact growth.
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May 07, 2024
CEO Rob Adams will retire following a period of orderly transition upon the completion of the deal.
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May 07, 2024
"They purchased their house for $360,000, and it is now valued at nearly $700,000. He would like to downsize to a condo due to his health, but she is reluctant as she has custody of two grandchildren."
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May 07, 2024
"I processed a $50 copay, and attended my appointment with the psychiatrist. It went fast, and every time I asked a question about antidepressants, he popped a medical study in the chat box."
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May 07, 2024
Joseph Maroon says he's too busy to slow down.
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May 07, 2024
Starbucks Corp. may have been punished by the stock market last week after warning of a more cautious coffee drinker and stiffer competition — but on Tuesday, one of its smaller, more casual peers saw nothing of the sort from Wall Street.
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May 07, 2024
Movie theater chain and original meme stock AMC reports first-quarter results after market close Wednesday.
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May 07, 2024
Disney plans $60 billion in theme-park capex over the next decade, as battle with Comcast's Universal heats up.
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May 07, 2024
Rivian reveals a mixed quarter, and stock drops in the after-hours session.
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May 07, 2024
Reddit Inc. reported its first results as a public company Tuesday, with the social-media platform reporting better-than-expected revenue and a narrower-than-expected loss for the first quarter.
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May 07, 2024
Nextdoor has named three new directors to its board, including Marissa Mayer, the former chief executive of Yahoo.
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May 07, 2024
Shares of Grocery Outlet Holding Corp. tumbled after hours on Tuesday after the bargain grocery chain cut its full-year profit outlook — saying glitches related to a technological upgrade hit its bottom line harder than expected.
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May 07, 2024
Arista Networks said its revenue rose more than expected in the first quarter and authorized $1.2 billion in share buybacks.
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May 07, 2024
Virgin Galactic Holdings Inc. said late Tuesday it racked up $2 million in revenue in the first quarter, mostly from commercial spaceflight and membership fees from future space tourists.
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May 07, 2024
The AI-oriented lending company is hoping to see a return to sequential growth in the second half of 2024.
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May 07, 2024
Reddit Inc. reported its first results as a public company Tuesday, with the social-media platform reporting better-than-expected first-quarter revenue and a narrower-than expected loss.
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May 07, 2024
The way crypto is traded may be a factor in the debate over whether the digital asset is a security.
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May 07, 2024
Wynn Resorts posted a higher profit in the first quarter as all four of the company's segments logged higher operating revenues.
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May 07, 2024
Match Group posted further declines in the number of paying users at dating app Tinder, an issue that is likely to exacerbate concerns about saturation in the online dating space despite otherwise solid first-quarter results.
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May 07, 2024
IRobot swung to a profit in the first quarter and trimmed its outlook for full-year losses after the company completed most of its planned cost cuts.
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May 07, 2024
A sharp rally in the lead-up to Astera Labs' earnings could help explain the stock's negative reaction to better-than-expected results, as it could have raised the bar for the report.
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May 07, 2024
Rivian reveals a mixed quarter, and stock drops in the after-hours session.
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May 07, 2024
U.S. stocks and commodities haven't moved in tandem like this in over four decades — potentially worrying investors who want to include commodities in their portfolios to mitigate risk and volatility in the financial markets.
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May 07, 2024
Ride-hailing service Lyft Inc. on Tuesday said it put up its second straight quarter of positive free cash flow, and said it expected higher cash generation for the year after a jump in rides and active riders.
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May 07, 2024
TikTok and parent company ByteDance have filed a lawsuit that challenges a new U.S. law that could lead to a nationwide ban for the app.
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May 07, 2024
Crocs Inc.'s stock rose more than 6% Tuesday, after the casual-footwear company's stronger-than-expected first-quarter earnings offset weak demand for its Heydude brand, which is expected to see sales fall this year.
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May 07, 2024
Apple said it will increase its cash dividend by 4%, which is good news for Warren Buffett's company, which owns about 790 million shares
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May 07, 2024
Movie theater chain and original meme stock AMC reports first-quarter results after market close Wednesday.
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May 07, 2024
The benchmark Treasury 10-year yield declined on Tuesday, after finishing the prior session at an almost four-week low, as buyers emerged during the Asia session in another quiet day of trading.
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May 07, 2024
A reliable recession indicator maintained by market strategists at Piper Sandler triggered last week — but the same strategists who developed the indicator believe that, in all likelihood, its triggering is bullish for stocks.
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May 07, 2024
CVS Health Corp. is tapping the investment-grade corporate bond market on Tuesday, with a five-part deal that's expected to price later in the day.
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May 07, 2024
Gold prices ease back on Tuesday, a day after settling at their highest in a week, though prospects for a fresh rally remain high as traders continue to monitor developments in the Middle East.
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May 07, 2024
Tesla doesn't fit the Berkshire Hathaway formula.
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May 07, 2024
The biggest question facing the U.S. central bank is whether inflation is going to continue to resume its downward trend or settle at around a 3% level, in which case monetary policy may have to be tightened further, Minneapolis Federal Reserve President Neel Kashkari said Tuesday.
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May 07, 2024
"While he splits his time between a part-time job and his consulting business, I've been unable to work for several years because of health problems."
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May 07, 2024
The specter of waning U.S. demand combined with persistent inflation is adding up to the potential for a stagflationary environment that could hit some well-known stock names, according to one Wall Street bank.
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