All Stock News
Google Lays Off 200 in Core Unit as Reorganization Continues
Google has reportedly reorganized its Core unit, which builds the technical foundation behind the company's products. The reorganization included the layoffs of at least 200 employees and the shifting...
What junk? High-yield bonds outperform in a turbulent April
High-yield, or “junk,” bonds outperformed in a turbulent April for financial assets, showing surprising resilience despite a sharp spike in volatility in benchmark borrowing rates.
Report: Kroger and Disney Exploring Streaming Service Offering
Kroger and Walt Disney Co. are reportedly exploring a partnership that would offer the Disney+ streaming service to subscribers of Kroger's grocery delivery program. If a deal is struck, Kroger Boost ...
Why NYCB Stock Soared 28% Despite the Bank's Wider-Than-Expected Loss
Shares of New York Community Bancorp (NYCB) soared 28% Wednesday after the bank laid out a plan to return to profitability, even as it reported a wider-than-expected loss for the first quarter.
Singapore bank DBS' first-quarter net profit rises 15% on year to record high
DBS Group , Singapore's biggest bank, posted on Thursday a 15% rise in net profit in the first quarter to a record high of S$2.96 billion ($2.18 billion) from a year earlier, driven by strong total in...
Nvidia's Roller Coaster Ride Through Early 2024 Sets The Stage For A Potential Market Shakeup As Investors Eye The Critical First Quarter Earnings Report
NVIDIA Corp NVDA continues to display itself as a standout company, particularly for its solid performance in early 2024. Kicking off the year with significant momentum, Nvidia's stock experienced a 9...
DoorDash reports record quarterly revenue of $2.5B, rips Seattle over minimum wage law
DoorDash dedicated two large paragraphs of its first quarter earnings report and several minutes on a call with analysts to voice opposition against controversial minimum wage laws for delivery driver...
Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First
Digital insurance platform Lemonade said its AI investments continue to bear fruit. The company's latest shareholder letter — while reporting a 25% increase in total revenues and a $47 million net los...
BofA's Sara Senatore explains why she's still bullish on Starbucks after major earnings miss
Sara Senatore, Bank of America, joins 'Fast Money' to share the bull case to Starbucks after the stock plummeted on disappointing earnings.
KBW CEO Tom Michaud reacts to Fed decision's impact on banks and the inflation battle
Tom Michaud, KBW CEO, joins 'Fast Money' to talk the impact of today's FOMC decision to leave rates unchanged and how that will impact banks, inflation, the economy, and more.
National Australia Bank first-half cash earnings fall 13%
National Australia Bank on Thursday posted an about 13% drop in its first-half cash profit as the country's no. 2 lender grappled with high operating costs and cutthroat competition.
Amazon, Microsoft, and Alphabet are doubling down on AI for the cloud — and it seems to be paying off
Amazon, Microsoft, and Alphabet's first quarter earnings surpassed Wall Street's estimates. Execs credit some of the gains to their AI efforts, which they say help boost cloud revenue.
Cognizant first-quarter revenue beats estimates on steady spending by clients
Cognizant Technology Solutions beat Wall Street estimates for first-quarter revenue on Wednesday, helped by steady spending by clients, sending its shares up more than 4% in aftermarket trading.
Delta Boeing 767 jet that dropped emergency slide is 33 years old — well past normal age for active airliner: experts
The chute from Delta Flight 520 had detached from a panel above the right wing shortly after the Los Angeles-bound plane took off from JFK Airport in New York last Friday. T
FTC Will Approve Exxon's $60 Billion Merger With Pioneer—With One Caveat
The Federal Trade Commission is set to approve ExxonMobil's $60 billion takeover of Pioneer Natural Resources, according to multiple outlets, though the deal can reportedly only close if former Pionee...
Fastly shares sink 30% on weaker guidance
Fastly shares FSLY, +2.21% dived 30% in afterhours trading following guidance for the second-quarter and 2024.
Chipmaker Qualcomm's Stock Gains on Earnings, Revenue Beat
Qualcomm (QCOM) shares gained over 4% in extended trading Wednesday after the chipmaker reported earnings for the second fiscal quarter that beat analysts' estimates.
UnitedHealth CEO testifies about cyberattack before Congress
UnitedHealth Group (UNH) CEO Andrew Witty appeared before Congress on Wednesday to testify on the cyberattack that targeted the health insurance provider's subsidiary Change Healthcare. Witty made the...
Qualcomm results show a supercycle on the horizon: Analyst
Qualcomm Inc. (QCOM) reported its second quarter earnings results, beating analyst estimates on both the top and bottom lines. The semiconductor giant second quarter adjusted earnings of $2.44 per sha...
Exxon to Close Megadeal; Pioneer Ex-CEO to Be Barred from Exxon Board in Deal With FTC
Antitrust enforcers are set to allege former Pioneer CEO Scott Sheffield discussed coordinating oil-production levels with other producers and OPEC.
Wall Street expecting a 4-5% revenue decline from Apple, says Third Bridge's Scott Kessler
Scott Kessler, Third Bridge global sector lead for tech, media & telecom, joins 'Closing Bell Overtime' to talk what he expects from Apple earnings tomorrow, and more.
Tesla lays off employees within supercharger team: Report
Tesla (TSLA) CEO Elon Musk took to Twitter to announce the company's plans to decelerate the expansion of its Supercharger network. According to reports, this strategic shift has prompted Tesla to imp...
Informatica CEO Amit Walia talks quarterly results after earnings and revenue beat
Amit Walia, Informatica CEO, joins 'Closing Bell Overtime' to talk quarterly results, AI integration, acquisition possibilities and more.
Marathon Oil narrowly beats first quarter profit estimates on higher prices
Oil and gas firm Marathon Oil narrowly beat first-quarter profit estimates on Wednesday, helped by higher oil and liquefied natural gas (LNG) pricing.
MetLife Q1 profit rises on higher premiums, investment income
MetLife reported a rise in first-quarter profit on Wednesday, helped by higher premiums and strong returns from investments.
Enovix shrinks quarterly loss, vows to cut costs as battery maker's stock soars 20%
Shares of Enovix Corp. rallied 20% in the extended session Wednesday after the battery maker narrowed its quarterly loss and said it plans to cut more costs on its road to profitability.
Chipmaker Wolfspeed forecasts quarterly revenue below estimates as EV sales growth slows
Chipmaker Wolfspeed forecast current-quarter revenue below estimates on Wednesday as automakers grapple with high inventory levels due to slower-than-expected EV sales growth.
Qorvo forecasts quarterly results below estimates on weak flagship smartphone market
Wireless connectivity chipmaker Qorvo forecast first-quarter revenue and profit below Wall Street estimates on Wednesday as it expects weak demand from flagship smartphone market, sending shares down ...
Dropbox says cybersecurity incident is unlikely to have a material impact on operations
Dropbox Inc. DBX, +1.42% said on Wednesday a cybersecurity incident “has not had, and we do not believe it is reasonably likely to have” a material impact on overall operations. The cloud-storage comp...
Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal
The FTC will not block the deal now that the regulator and Exxon have reached a consent agreement, according to a source familiar with the matter.
S&P 500 Gains and Losses Today: CVS Falls as Health Care Costs Pressure Profits
Major U.S. equities indexes were mixed as the Federal Open Market Committee (FOMC) wrapped up its latest policy meeting, announcing it would maintain the federal funds rate at the decades-long high wh...
QCOM, EBAY, QRVO: Earnings Just Released
Qualcomm's (QCOM) 2Q adjusted EPS came in at $2.44 versus an estimated $2.30 and its revenue came in at $9.40B versus an estimated $9.32B. eBay's (EBAY) 1Q adjusted EPS came in at $1.25 versus an esti...
Estée Lauder Targets New Customers With Amazon Storefront, ‘Creator Council'
Estée Lauder Companies' debut of its first brand on the U.S. Amazon Premium Beauty store has “greatly exceeded” the company's retail sales expectations so far.
Narcan-Maker Emergent BioSolutions to Cut 300 Jobs, Close Facilities
Emergent BioSolutions is closing several manufacturing facilities and cutting hundreds of jobs as part of a restructuring as the company narrows its focus on products, including Narcan nasal spray.
Fisker's woes are another reason to consider leasing an EV over buying
Fisker customers are worried about how a potential bankruptcy could impact service needs. Some Fisker owners probably wish they had leased over buying.
Qualcomm shares spike on earnings and revenue beat
David Zervos, Jefferies chief market strategist, and Victoria Greene, G Squared Private Wealth CIO, join 'Closing Bell Overtime' to talk Qualcomm quarterly results.
Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
Cautious lower-income consumers and slower restaurant sales are squeezing Kraft Heinz. The packaged food product company on Wednesday (May 1) released earnings showing a 1.2% drop in sales, driven by ...
Paycom forecasts Q2 revenue below estimates
Paycom Software on Wednesday forecast second-quarter revenue below market estimates, hit by sluggish demand for payroll and human resource management solutions.
Report: Block Faces DOJ Probe Over Alleged Compliance Lapses
Block, owner of Cash App and Square, is reportedly facing a Department of Justice investigation. Federal prosecutors are in discussions with an ex-employee about allegations of widespread compliance f...
First Solar posts higher quarterly profit on strong demand
First Solar reported higher first-quarter profit on Wednesday compared to the same period last year, helped by resilient demand for solar energy.
Herbalife shares jump after company raises adjusted profit forecast
Shares of Herbalife HLF, +0.35% jumped after hours on Wednesday after the company raised its full-year adjusted profit forecast. The wellness marketing platform raised its full year forecast for adjus...
Allianz Debuts Next Buffered Outcome ETF
On Wednesday, Allianz Investment Management bolstered its ETF lineup with the release of the AllianzIM U.S. Large Cap 6 Month Buffer10 May/Nov ETF (SIXZ). SIXZ has a net expense ratio of 0.74% and is ...
FIGB Crosses Three-Years: A Look Under the Hood
The interest rate narrative remains complex, with conflicting economic data resulting in an ever-shifting tide of investor sentiment. For investors looking to capture income opportunities through high...
Consider Active Inflation ETF AVIE as Inflation Persists
The one-two punch of inflation and interest rates have been the biggest storylines for markets over the last year or so. Now, with the Fed appearing set to hold rates this week, the conversation has t...
New First Trust ETF Focuses on R&D Growth
On Wednesday, First Trust announced the launch of the First Trust Bloomberg R&D Leaders ETF (RND). RND has a net expense ratio of 0.60%.
Anthropic Launches Claude Chatbot App, Expands Enterprise Offering
Artificial intelligence (AI) company Anthropic is launching its first smartphone app and a new enterprise subscription plan to expand the reach of its Claude chatbot.
Treasury Yields: A Long-Term Perspective
This article takes a look at a long-term perspective on Treasury yields. The chart below shows the 10-year constant-maturity yield since 1962 along with the Fed funds rate (FFR) and inflation.
BlackRock's Rosenberg Says Back-End of Curve Challenged
Jeffrey Rosenberg, systemic multi-strategy fund portfolio manager at BlackRock, says he sees a challenging environment for the back-end of the Treasury yield curve. For more on this story, please see:...
eBay Shares Sink as Guidance Disappoints the Street
For the March quarter, eBay reported revenue of $2.6 billion, up 2%, and slightly above the high end of the company's guidance range.
AMD is the latest company to show that AI is an expensive proposition
Artificial intelligence is expensive for the companies buying AI chips, and it's expensive for the companies making them, too.