Wall Street investors and Washington D.C. lawmakers are closely listening to what Federal Reserve Chairman Jerome Powell says Wednesday about the central bank’s next steps in its fight against decades...
Tag: Corporate/Industrial News
Opinion: ‘Easter Bunny cartoon cash’ — how Bill Maher called the Bitcoin crash
Young people were already feeling depressed about their future retirement prospects, according to polls. Still more following the collapse of all their cryptocurrency bets, one suspects. More than $1 ...
Apple Stock Rises on Strong iPhone Sales
Text size Once again, the Apple story will be dominated by the strength of iPhone demand. Hector Retamal/AFP via Getty Images Apple reported better-than-expected results for its December quarter late ...
Teradyne Earnings Were Great. The Stock Gets Crushed on Guidance.
Text size Dreamstime Stock in robotics and semiconductor test equipment maker Teradyne was plummeting after the company reported better-than-expected fourth-quarter numbers. The fourth quarter isn’t t...
Cash Pours Into Anti-ARK ETF as Cathie Wood Struggles
Text size Catherine Wood’s innovation-focused ETFs have been falling. PATRICK T. FALLON/ AFP / Getty Images As Cathie Wood’s innovation-focused exchange-traded funds have tumbled amid the latest...
Blackstone Profits Nearly Double as Total Assets Set Quarterly Record
Text size Signage outside the Blackstone headquarters in New York. Angus Mordant/Bloomberg Shares of Blackstone rose Thursday after total assets at the world’s biggest alternative asset manager rose t...
Tesla Earnings ‘Disappointed.’ Why Analysts Are Raising Their Price Targets.
Text size The inside of a Tesla car Model 3 is seen at a Tesla shop inside of a shopping Mall in Beijing on May 26, 2021. Nicolas Asfouri/AFP via Getty Images Tesla stock was falling Thursday after re...
Tesla’s Earnings Beat Was Better Than You Think. Here’s Why.
Text size Joe Raedle/Getty Images Tesla’s quarterly earnings call had everything: Robots, self-driving car claims, production updates and more. All that might have distracted investors from an importa...
Apple Reports Earnings Today. Here’s What to Expect.
Text size Once again, the Apple story will be dominated by the strength of iPhone demand. Hector Retamal/AFP via Getty Images Apple will report financial results for the December quarter after the clo...
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...
Tesla Reports a Record Profit. Its Outperformance Was Below Average.
Text size Tesla earned $2.54 a share in the fourth quarter of 2021. Xiaolu Chu/Getty Images Tesla stock was bobbing around the break even line after the company reported better-than-expected earnings ...
AT&T Earnings Beat Forecasts. The Stock Can’t Get Past Spinoff Uncertainty.
Text size AT&T stock rose despite a “disappointing” earnings outlook. Justin Sullivan/Getty Images AT&T ‘s reported fourth-quarter results on Wednesday that continued a streak of s...
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,...
Dividend Aristocrats Lose AT&T but Gain Church & Dwight and Brown & Brown
Justin Sullivan/Getty Images Text size The S&P 500 Dividend Aristocrats Index, a benchmark for longevity of dividend increases, is welcoming two members while losing longtime member AT&T. S&am...
Opinion: Microsoft stock’s post-earnings roller-coaster ride won’t be the last
Microsoft Corp. reported incredibly strong holiday-season earnings Tuesday afternoon, topping $50 billion in quarterly sales for the first time and beating expectations across the board. Yet the stock...
Tesla Earnings Are Coming. They Better Be Good.
Text size A Tesla EV drives through the Las Vegas Convention Center Loop ahead of the 2022 Consumer Electronics Show held in Las Vegas this month. Patrick T. Fallon/AFP via Getty Images Trading in Tes...
Opinion: Thankfully, the Fed has decided to stop digging, but it has a lot of work to do before it gets us out of hole we’re in
NEW HAVEN, Conn. (Project Syndicate)—The Federal Reserve has turned on a dime, an uncharacteristic about-face for an institution long noted for slow and deliberate shifts in monetary policy. While the...
Why the Floor for Bitcoin’s Price Is Zero
Text size What matters for Bitcoin is price momentum. Dreamstime A few thoughts early in the trading week: Recent crypto buyers who are sitting on deep losses surely don’t need me reminding them that ...
Intel stock hits lowest price in more than a year, and there is another shoe to drop
Intel Corp. weathered another tough investor reaction to its earnings report Thursday, and analysts say the chip maker faces another potential challenge in addition to falling margins: A looming overs...