From Amazon to McDonald's, strong earnings show U.S. consumer resilience
By Ananya Mariam Rajesh and Aishwarya Venugopal In a strong quarter for earnings, the big consumer stocks have
2023-10-31 01:50
Big banks had a strong Q3. What about regional banks?
Months after the collapse of regional banks like Signature Bank, First Republic Bank and Silicon Valley Bank, as well as fears of a credit crisis, the regional banking sector may not be out of the woods quite yet.
2023-10-25 03:49
GM earnings rise despite strike
General Motors' earnings grew last quarter, even as the company took a $200 million hit from the first two weeks of a strike by the United Auto Workers union.
2023-10-24 18:50
Netflix stock surges after it announces price hikes and a boost in subscribers
Netflix announced price increases Wednesday for some subscription tiers in the United States, United Kingdom and France.
2023-10-19 04:49
Tesla third-quarter earnings slow, missing forecasts
Tesla reported a drop in third quarter earnings as the electric vehicle maker fell short of Wall Street expectations.
2023-10-19 04:45
DJ D-Sol out! Goldman Sachs CEO steps away from controversial spinning gig
Goldman Sachs chief executive (and noted party DJ) David Solomon will no longer perform at high-profile events, picking Wall Street over South Beach, a representative from the second-largest investment bank confirmed to CNN.
2023-10-17 21:56
Jamie Dimon warns: 'Now may be the most dangerous time the world has seen in decades'
JPMorgan Chase CEO Jamie Dimon kicked off third-quarter earnings season Friday with a stern warning to investors: "Now may be the most dangerous time the world has seen in decades," he wrote in the company's report.
2023-10-13 19:48
Wall Street needs a boost from earnings. Can JPMorgan Chase run a strong first leg?
The third-quarter earnings season begins on Friday, marking the next test for this year's wobbly US stock market rally.
2023-10-12 19:55
Flagging domestic travel casts shadow over US airline earnings
By Rajesh Kumar Singh CHICAGO A travel boom has produced bumper earnings for major U.S. carriers this year
2023-10-11 21:49
Weight loss drugs haven't hurt Pepsi's business, CEO says
Snack and beverage maker PepsiCo has so far seen "negligible" impact on its business from drugs used for weight loss or diabetes, CEO Ramon Laguarta said during an analyst call Tuesday.
2023-10-11 00:59
FedEx saw boost from rival UPS's labor negotiations with Teamsters
The threat of a strike at one competitor and the bankruptcy of another proved beneficial for FedEx this summer.
2023-09-21 09:48
UBS targets cost cuts of $10 billion as it absorbs Credit Suisse
UBS said Thursday that it expected to generate $10 billion in savings from a sweeping overhaul of the new global banking giant created by its emergency rescue of stricken rival Credit Suisse earlier this year.
2023-08-31 14:25