Microsoft Corp.’s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration at the end of 2022 is expected to continue into the new year as the compa...
Tag: article_normal
Intuitive Surgical stock drops 10%, COVID resurgence hobbles sales
Shares of Intuitive Surgical Inc. ISRG dropped more than 10% in the extended session Tuesday after the maker of surgical robotic systems reported fourth-quarter results slightly below Wall Street expe...
JPMorgan ‘hates Tesla and me,’ Musk says in court
Tesla Inc. TSLA Chief Executive Elon Musk on Tuesday shed more light onto the often-acrimonious dealings between the EV maker and JPMorgan Chase & Co. JPM Musk said in a federal trial over his “fu...
Raytheon sales fall slightly short of estimates as it announces to realign into three business segments
Raytheon Technologies Corp. RTX, -0.54% said Tuesday it had net income of $1.422 billion, or 96 cents a share, in the fourth quarter, more than double the $686 million, or 46 cents a share, posted in ...
Halliburton stock jumps after profit beats expectations, dividend raise boosts yield to near 1.6%
Shares of Halliburton Co. HAL, -0.29% jumped 1.8% in premarket trading Tuesday, after the oil services company beat fourth-quarter profit expectations and matched on revenue, while raising its dividen...
3M stock dips after earnings miss, company plans to cut 2,500 jobs
Shares of 3M Co. MMM, +1.63% were down nearly 4% in premarket action Tuesday after the manufacturing giant missed profit expectations for the latest quarter and delivered a downbeat earnings outlook f...
J&J stock rises after 2023 profit view tops analyst outlook
Johnson & Johnson JNJ, -0.25% stock rose 0.9% in premarket trades on Tuesday after the drug company’s profit outlook for 2023 topped analyst estimates. J&J’s fourth-quarter profit fell 25.7% t...
GE stock falls after earnings, FCF beat expectations but outlook was downbeat
Shares of General Electric Co. GE, +2.69% fell 2.2% in premarket trading Friday, after the industrial conglomerate reported fourth-quarter profit, revenue and free cash flow (FCF) that beat expectatio...
Verizon earnings preview: After stemming losses, can real momentum now build?
Verizon Communications Inc. already disclosed that it reversed its negative subscriber trends in the fourth quarter, but there’s more to be shared about the company’s story. The wireless giant is set ...
Elon Musk tells court Saudi Arabia wanted to take Tesla private, $420 ‘not a joke’
Elon Musk testified Monday he believed he had funding secured to take Tesla Inc. private in 2018, both from a Saudi Arabian investment fund and from his stake in SpaceX, and that one of his key tweets...
Sumo Logic stock surges more than 30% on reported buyout interest
Sumo Logic Inc. SUMO, +28.68% stock soared Monday on a report that the data-analytics software company has been approached by private equity firms expressing interest in a possible buyout. Sumo Logic ...
Why naked short selling has suddenly become a hot topic
Short selling can be controversial, especially among management teams of companies whose stocks traders are betting that their prices will fall. And a new spike in alleged “naked short selling” among ...
Hellbiz hires same company used by Genius Group to combat illegal short selling
Shares of Hellbiz Inc. HLBZ, +109.13% soared 41.3% in midday trading Monday, and have more than doubled in two days, after the e-scooters and e-bicycles provider said it hired Shareholder Intelligence...
AT&T could ‘turn the corner’ on a key metric this year
AT&T Inc. scored praise for its subscriber performance last year, and now the company will look to win over Wall Street on another key metric. Subscriber numbers are a major focus for wireless com...
Small-cap companies are going after naked short sellers in growing numbers: ‘It’s the biggest risk to the health of today’s public markets’
A growing number of small-cap companies are announcing plans to go after naked short sellers, claiming their stocks are being artificially depressed by illegal trading activity. Verb Technology Co. In...
Verb Technology joins Genius Group and Helbiz in going after naked short sellers
Verb Technology Co. Inc. VERB, +76.69%, a provider of interactive video-based sales apps, has become the latest small-cap company to announce plans to address naked short selling of its stock, among s...
Incoming Biden chief of staff Zients is nearly wealthy enough to buy the entire White House
Fixes story to reflect that Zients worked at Bain & Co. The person widely reported to be President Joe Biden’s next chief of staff has just about enough assets to swap it for the entire White Hous...
I’m about to get $130,000 from a lump sum pension payout, what do I do with it?
I am about to receive a lump-sum payout from a pension plan I was in. It’s around $130,000. Need some advice on the best way to invest this money. I am turning 60 in April and don’t have a 401(k) or I...
Bitcoin soars past $23,000 to highest since last September
Bitcoin BTCUSD, +0.59% soared past $23,000 on Saturday, its highest level since September, as the crypto currency market recovered some ground in early 2023. The rally came despite news on Thursday th...
I-bond strategies: Answers to your questions about Series I bonds
Most people are still new to investing in I-bonds, and so it’s not surprising that they have a lot of questions about the basics. As a new year begins, the situation is even more complicated by strate...
NRG stock bounces off more than 2-year low after dividend raised, to boost yield above 4.7%
Shares of NRG Energy Inc. NRG, +3.80% bounced 2.1% in morning trading Friday, after the electricity generator and natural gas services company boosted its quarterly dividend by 7.9%, to 37.75 cents a ...
Verizon’s stock falls after earnings outlook comes up short
Verizon Communications Inc. returned to positive subscriber growth in its consumer postpaid phone business for the fourth quarter, but shares of the wireless giant dipped in morning trading Tuesday af...