Shares in troubled Adani Enterprises gyrated Friday, tumbling 30% and then rebounding after more than a week of heavy losses that have cost it tens of billions of dollars in market value. The company,...
Tag: Machinery
Amazon earnings: What to expect
Amazon.com Inc. is expected to deliver a profit for its holiday quarter, but not enough to offset its losses from earlier in 2022. Even with Amazon AMZN, +6.95% projected to report about $2 billion in...
There’s still too much risk in stock and bond markets. Earn this easy 4.5% return while you wait for stability, says trader who hit 2 big calls in 2022.
Ahead of major tech earnings later, Meta results are lighting up the Nasdaq Composite COMP, +2.97% for Thursday. The S&P 500 SPX, +1.40% is also up as investors take a glass-half full view of the ...
Stanley Black & Decker dives after Q4 results beat expectations, but 2023 outlook is well below forecasts
Shares of Stanley Black & Decker SWK dove 4.6% in premarket trading Thursday, after the tools maker reported fourth-quarter results that beat expectations but provided a full-year profit outlook t...
Toyota Rethinks EV Strategy With New CEO
Jan. 29, 2023 11:33 am ET Listen to article (2 minutes) Toyota’s chief executive always said he wasn’t a skeptic about electric vehicles—he was a realist. Longtime CEO Akio Toyoda called himself a spo...
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...
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...
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...
GE set to report final pre-breakup earnings
General Electric Co. is scheduled to report next week its final quarterly results before the start of its breakup, with the industrial conglomerate expected to report its highest profit since before t...
PayPal’s ‘baggage’ sparks downgrade of its stock
The financial-technology category is “better positioned” than many other pockets of tech to post a strong 2023, according to an analyst, but some names could fare better than others. As SMBC Nikko Sec...
Caterpillar stock rises to 4th straight record after BofA analyst becomes top bull on Wall Street
Shares of Caterpillar Inc. rallied Friday to a fourth straight record close, after BofA Securities analyst Michael Feniger turned bullish on the belief that the construction- and mining-equipment make...
Tanking Biotech Stocks Will Mean a Big Year for Deals. Who Could Benefit.
Nearly two years after biotechnology stocks began to tumble, executives at small and midsize companies in the space are finally accepting that share prices aren’t bouncing back anytime soon. With real...
It’s Pharma Time: Why Merck and Lilly Stock Are Buys, but not Pfizer.
My 2023 biotech outlook calls for continued momentum in name changes. I just need to figure out what the stocks will do. Last year, Respira Technologies became Qnovia. It’s run by a former tobacco exe...
GE Healthcare stock to start trading as separation from GE is completed
The first stage of the break up of General Electric Co. GE, +1.76% has been completed, as GE HealthCare Technologies Inc. GEHC, +4.78% has been officially separated and will begin trading Wednesday as...
Dow up over 350 points, stocks rebound after jobless claims data deemed ‘welcome news for the Fed’
U.S. stocks advanced on Thursday afternoon, erasing losses from earlier in the week during the second-to-last trading session of the year. The main indexes built on premarket gains after U.S. weekly j...
Generac stock leads S&P 500 gainers after Janney says buy, citing ‘free option’ on clean energy
Shares of Generac Holdings Inc. surged Wednesday, after Janney analyst Sean Milligan said the sharp selloff this year has provided investors an opportunity to buy into an established brand with a domi...
Boeing’s Terrible Earnings Have Left Wall Street More Bullish. Here’s Why.
Free cash flow at commercial aerospace giant Boeing has stabilized. Earnings, however, are all over the place. That isn’t bothering Wall Street, though—the stock remains attractive and target prices a...