Milwaukee Brewers general manager David Stearns watches during a spring training baseball workout … [+] Monday, Feb. 20, 2017, in Phoenix. (AP Photo/Morry Gash) ASSOCIATED PRESS Though they’ve y...
Category: Finance
Live Finance News Updates.
Dow Jones Futures: Apple Holds, Amazon Joins Megacap Meltdown; What To Do Now
Dow Jones futures tilted lower overnight, while S&P 500 futures and Nasdaq futures declined modestly as Amazon stock became the latest megacap earnings meltdown. Apple (AAPL) was little changed de...
Frontcourt Spots Up For Grabs In Oklahoma City
DENVER, CO – OCTOBER 22: Aleksej Pokusevski #17 of the Oklahoma City Thunder blocks a shot from … [+] Aaron Gordon #50 of the Denver Nuggets in the first quarter at Ball Arena on October 2...
Biden Urges Oil Companies to Cut Prices After Shell’s Profit Doubled
(Bloomberg) — President Joe Biden criticized record energy company profits after Shell Plc announced its second-highest earnings ever while raising its dividend and expanding buybacks. Most Read...
The Catch With The Los Angeles Chargers Is That They Are Thin At Receiver And Need Some Help
The attention turns to Los Angeles Chargers general manager Tom Telesco with the NFL trading … [+] deadline approaching on Tuesday. The Chargers are in need of wide receivers after injuries hit ...
Amazon stock sinks after holiday forecast and cloud growth, profit disappoint; $150 billion in market cap at risk
Amazon.com Inc. predicted Thursday that holiday sales and profit would come in well lower than analysts expected as cloud growth slowed and Amazon Web Services profit missed expectations by nearly $1 ...
SEC Investigating Tesla Over Autopilot Safety Claims, Report Says
Topline The Securities and Exchange Commission is investigating Tesla over claims it made about its Autopilot driver assistance system, according to the Wall Street Journal, as the Justice Department ...
Intel Pledges More Cost Cuts as Sales Forecast Misses Estimates
(Bloomberg) — Intel Corp. shares climbed in late trading after the chipmaker pledged to slash costs, an effort to weather a persistent slump in computer demand that is dragging down sales and pr...
U.S. Gas Prices Fall For 10 Straight Days—Nearing $3 In Southeast
Topline The national average price for a gallon of gas has fallen for 10 consecutive days, reaching $3.74 on Thursday, according to data from GasBuddy, as demand cools and several key oil refineries i...
Apple, Amazon, Intel, and more
Amazon (AMZN): Shares traded at their lowest level since March 2020 in extended trading on weak fourth-quarter guidance. Amazon sees revenue of $140 billion to $148 billion for its holiday quarter, mi...
The 2022 United States Grand Prix From Six Different Perspectives
Red Bull driver Max Verstappen, of the Netherlands, leads the field into Turn 1 at the start of the … [+] Formula One U.S. Grand Prix auto race at the Circuit of the Americas, Sunday, Oct. 23, 2...
Warren Buffett’s Favorite Oil Stock Breaks Out, Enters Buy Zone
This week’s Big Cap 20 stock is Occidental Petroleum (OXY), Warren Buffett’s favorite oil stock. It achieved that honor because it’s in a buy zone after crossing the 72.14 buy point ...
American companies increasingly look outside of China after Covid
Parts of Shanghai have faced intermittent restrictions on business due to Covid controls, even after a broader two-month lockdown ended in June. Vcg | Visual China Group | Getty Images BEIJING — Nearl...
Copper Prices Are Imperiling Electrification And Decarbonization
This is the second mine from Escondida, Escondida Norte, The copper production of Escondida is the … [+] biggest in the world. (Photo by Oliver Llaneza Hesse/Construction Photography/Avalon/Gett...
Amazon, Apple, Pinterest, Intel and more
Amazon.com delivery trucks in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Amazon —...
Gulf States Shake Up Region’s Airline Sector With New Carriers And Management Changes
File photo of Qatar Airways and Etihad Airways planes on display during the 2015 Dubai Airshow in … [+] Dubai, United Arab Emirates (Photo: Victor Fraile/Power Sport Images/Getty Images) Getty I...
Intel Stock Gains as Guidance Disappoints. Layoffs Are Coming.
Intel plans significant cost cuts , including a “meaningful number” of layoffs, its CFO said as the chip maker detailed its financial results and forecast revenue that was much lower than Wall Street ...
Flashbots co-founder resigned after a difference of opinion with the team over censorship
Stephane Gosselin, the co-founder of flashes, resigned from maximal extracted value(MEV) Stephane Gosselin said that he was very proud of what the project had achieved. After all the criticism, Flashb...
New York Giants Trade Kadarius Toney, Believe In Sunk Costs
EAST RUTHERFORD, NEW JERSEY – SEPTEMBER 26: (NEW YORK DAILIES OUT) Kadarius Toney #89 of the New … [+] York Giants in action against the Atlanta Falcons at MetLife Stadium on September 26,...
Bitstamp now supports PayPal, Apple Pay and Google Pay: what you need to know
Bitstamp, Europe’s largest crypto exchange recently ranked the top-rated centralized cryptocurrency exchange (CEX) in the world in CryptoCompare’s latest Exchange Benchmark report, now supports PayPal...
Twitter Reacts to Mark Zuckerberg’s $100 Billion Net Worth Loss
Online advertising sluggishness, competition from TikTok, and increasing skepticism about the Metaverse led to a disappointing third-quarter earnings report Oct. 26 for Meta (META) . Shares closed Oct...
Tony Stewart, Shirley Muldowney Honored By The Buoniconti Fund To Cure Paralysis
Tony Stewart (right) speaks with Darrell Gwynn, a world champion drag racer who was paralyzed during … [+] a racing incident. Buoniconti Fund to Cure Paralysis Darrell Gwynn was introduced to th...
Amazon stock ‘overreacted’ to the Q3 report: buy the dip?
Amazon.com Inc (NASDAQ: AMZN), on Thursday, said its profit from the closely followed “cloud” business came in about a billion-dollar shy of estimates in the fiscal third quarter. Shares are down abou...
VRTX Stock Reverses Higher On Third-Quarter Beat After Regular-Session Tumble
Vertex Pharmaceuticals (VRTX) beat third-quarter expectations Thursday, helping VRTX stock shrug off some of the malaise that plagued it during the regular session. X In after-hours trading on today&#...
Suspect Arrested For Breaking Into Arizona Democratic Gov. Candidate’s Office
Topline A man was arrested Thursday after allegedly breaking into Arizona Secretary of State Katie Hobbs’ gubernatorial campaign office, police announced Thursday, a crime that the Democratic candidat...
Amazon earnings miss expectations, stock tanks 20%
Amazon (AMZN) shares tanked nearly 20% in after-hours trading on Thursday after it reported misses on revenue and sales for its Amazon Web Services cloud business, along with disappointing fourth-quar...
David Stearns Steps Down As Milwaukee Brewers’ President Of Baseball Operations; Matt Arnold Takes Over
David Stearns, right, shakes hands with his replacement Matt Arnold after stepping down as the … [+] Milwaukee Brewers’ president of baseball operations, at a news conference Thursday, Oct. 27, ...
Amazon Stock Dives As Holiday Sales Outlook Clouds Q3 Profit Beat
Updated at 4:21 am EST Amazon Inc (AMZN) posted better-than-expected third quarter earnings Thursday, but forecast disappointing holiday sales despite adding an extra Prime shopping day event, sendi...
GILD Stock: With A Breakout On The Line, Gilead Reports Massive Cancer Drug Sales
Gilead Sciences (GILD) crushed third-quarter expectations Thursday as sales of its cancer drugs nearly doubled. The results prodded GILD stock higher. X The bullish report follows recent approvals for...
Slow Fashion The Theyskens Way
Mannequins in the courtyard of the Oliver Theyskens atelier in Paris outfitted in the Spring 2023 … [+] collection. Photo by CLAESSENS & DESCHAMPS courtesy of Olivier Theyskens Amid the chao...
Intel stock rises on earnings beat, plans for layoffs, billions in cost cuts planned
Intel Corp. shares rose after hours Thursday after the chip maker topped Wall Street earnings estimates for the quarter and PC-chip sales came in slightly higher than expected, while the company trimm...