Altria Group Inc. MO, -1.12% posted better-than-expected earnings for the fourth quarter and offered profit guidance that was above consensus. Richmond, Va.-based Altria posted net income of $1.624 bi...
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8 tech stocks poised to bounce after Nasdaq plunge, according to AI platform
Nvidia Corp. tops a list of technology stocks that would be expected to bounce back strongly over the next month based on the reaction to past plunges by the Nasdaq Composite, according to an artifici...
Lam Research notes fresh supply-chain issues, hurting stock and casting pall over chip-equipment sector
Lam Research Corp. shares sank 6% in late trading Wednesday after the chip-equipment supplier reported worse-than-expected fiscal second-quarter revenue and third-quarter guidance, which the chief exe...
Intel stock punished again as slimmer profit margins ding earnings forecast, but CEO sticks to his plan
Intel Corp. executives expect profit margins to remain pressured in the long term as the chip maker builds out manufacturing capacity, leading to a disappointing earnings guidance that dinged the comp...
Teradyne stock plunges nearly 20% after earnings guidance misses
Teradyne Inc.’s first-quarter financial guidance fell short of Wall Street projections, sending shares down nearly 20% in after-hours trading to $115.03. The company projected 71 cents to 93 cents a s...
Corning net income rises by 93% and powers past estimates, shares rise
Corning Inc. GLW, -0.08% said Wednesday its fourth-quarter net income increased to $487 million, or 56 cents a share, compared to $252 million, or 28 cents a share, in the year-ago quarter. The glass ...
AT&T stock rises after earnings beat expectations
A leaner AT&T Inc. topped earnings expectations Wednesday as the company continued to narrow its focus on its core strengths. The company generated net income of $5.0 billion, or 69 cents a share,...
Crypto bull says ‘I look at the stock market and it is just starting to correct and that worries me more’: We could see ‘another 20%’ fall ‘for the Nasdaq’
Wealthy investor Mike Novogratz says the days of making easy money on Wall Street are coming to a swift end and he sees more pain in store for stock-market investors in coming months. “I look at the s...
Nio shares on track for lowest close since October
American depositary shares of China-based electric-vehicle makers were taking a hit on Tuesday amid broader market weakness, with shares of Nio Inc. NIO, -4.34% on track for their lowest close since O...
Fed will raise its policy interest rate above the inflation rate ‘sooner rather than later,’ says ex-governor Quarles who resigned last month
Former Federal Reserve Governor Randal Quarles said Tuesday that he thinks the Fed will move swiftly to raise its policy interest rate above the inflation rate because that is the only way to defeat i...
Wells Fargo to raise dividend by 25%
Shares of Wells Fargo & Co. WFC, +0.55% rose 0.4% in afternoon trading Tuesday, after the bank said it will raise its quarterly dividend by 25%. For shareholders of record on Feb. 4, the bank will...
Nvidia stock falls after report says company could give up on Arm deal
Shares of Nvidia Corp. were declining in premarket trading Tuesday after a report indicated that the company is preparing to give up on its planned purchase of Arm Ltd. from SoftBank Group Corp. The s...
Verizon beats earnings expectations, gives upbeat outlook
Verizon Communications Inc. exceeded earnings estimates for the most recent quarter while giving an upbeat earnings outlook for the full year ahead. The company posted net income of $4.74 billion, or ...
Raytheon stock drops after profit beats but revenue misses expectations, and full-year outlook disappoints
Shares of Raytheon Technologies Corp. RTX, +1.04% dropped 4.1% in premarket trading Tuesday, after the aerospace and defense company reported fourth-quarter profit that beat expectations but revenue t...
As stock market plunges, a star money manager says the Fed is making a mistake by focusing on rates. Here’s what Scott Minerd says it should do instead.
The Federal Reserve is under the gun as the market plunges ahead of its first rate-setting meeting of 2022, and at least one star money manager says that the central bank could be making a policy erro...
The S&P 500, Nasdaq just staged a turnaround for the ages, marking their largest comebacks since the 2008 financial crisis
It’s a Wall Street comeback for the history books, one that would make the National Football League’s Tampa Bay Buccaneers signal caller Tom Brady green with envy. The Nasdaq Composite Index COMP, +0....
Odell Beckham Jr. took his $750K salary in bitcoin — how much did it cost him?
Los Angeles Rams wide receiver Odell Beckham Jr. made headlines last November when he announced he would be converting his 2021 salary into bitcoin. The problem for Beckham: that bitcoin BTCUSD, -0.41...
IBM stock rallies as earnings, sales surge amid Kyndryl spinoff
International Business Machines Corp. shares rallied in the extended session Monday after Big Blue topped Wall Street expectations following the spinoff of its managed infrastructure-service business,...
‘Waiting for the perfect moment may not be the best strategy’: 3 things Americans can do right now as stock markets plunge
Americans woke up Monday morning to a stock market in sharp decline. In many ways, it was a replay of what investors have seen in recent weeks. Last week, the Dow Jones Industrial Average DJIA, -1.57%...
Panic-like selling emerges Monday as stock market tumbles and Dow skids over 1,000 points
Panic-like behavior was starting to set in on Wall Street, at least from a technical perspective. Trading in New York Stock Exchange-listed stocks at midday Monday exhibited panic-like-selling action ...
Dow tumbles over 600 points early Monday as Wall Street extends decline ahead of Fed decision, earnings wave
U.S. stock benchmarks were under pressure early Monday, falling sharply as the downtrend that has pressured stocks this year continues apace. Investors are watching for an important two-day meeting of...
Macy’s, Nordstrom shares move higher after report of Kohl’s takeover offer
Department store shares moved higher during premarket hours on Monday after a Wall Street Journal report that Kohl’s Corp. KSS, -2.60% has received a $9 billion takeover bid from activist hedge ...
GE earnings: Wall Street analysts have lowered the beat bar, but investor expectations are now ‘slightly elevated’
General Electric Co. investors should expect a “particularly noisy” earnings report for the industrial conglomerate’s fourth quarter, which will be the first since the company said it was breaking up,...
Intel still has a lot to prove to Wall Street one year after Pat Gelsinger came home
Intel Corp. had a rough 2021, and it looks like the chip maker will still face Wall Street criticism in 2022 for its ambitious capital investment plan and the success of competitors amid continuing de...
These money and investing tips can shelter your portfolio from the stock market’s worst storms
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Can you name today’s biggest r...
Is the market crashing? No. Here’s what’s happening to stocks, bonds as the Fed aims to end the days of easy money, analysts say
As the stock market has convulsed lower and yields for bonds have surged in recent weeks, culminating in a so-called correction for the Nasdaq Composite Index, average Americans are wondering what’s a...
Monday’s worst-performing stocks in the S&P 500 are down as much as 42% for 2022
Monday’s stock-market decline accelerated, and a closer look at the day’s worst performers highlighted painful double-digit year-to-date drops. The Dow Jones Industrial Average DJIA, -2.92% was down a...