Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion and selling about half its stake in Apple, even as the
August 03, 2024
Global hedge funds continued to add bearish equity bets to portfolios in the week to Aug. 1 when fresh data sparked fears the U.S. economy is slowing faster than
August 02, 2024
A sharp drop in U.S. stocks is provoking selling from volatility-sensitive funds, exacerbating a selloff that has already brought the Nasdaq Composite into
August 02, 2024
Worries over tech earnings and a slowing U.S. economy slammed the Nasdaq Composite index on Friday as it extended recent declines to fall 10% below
August 02, 2024
Shares of Snap slumped 22% on Friday, after a dour forecast from the Snapchat parent reinforced Wall Street's worries that the company would continue to cede business
August 02, 2024
Cboe Global Markets reported higher-than-expected second-quarter profit on Friday, helped by strong growth in options trading, as geopolitical tensions and elevated interest rates prompted
August 02, 2024
Walmart's "Everyday Low Price" promise will be put to the test when it reports quarterly results, after rival Amazon.com's warning that customers
August 02, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan August looks anxious already - as stock markets take fright at Big Tech earnings and start to reconsider 'hard landing' scenarios for
August 02, 2024
U.S. stocks sold off for a second straight session on Friday, and the Nasdaq Composite confirmed it was in correction territory after a soft jobs report stoked
August 02, 2024
Global stock markets tumbled on Monday at the start of another volatile week, as a so-far reasonably robust earnings season failed to offset fears of a U.S. recession and worries that
August 02, 2024
Europe's STOXX 600 fell close to 3% on Friday as global equity markets ran into turbulence after a U.S. jobs report exacerbated worries of an economic
August 02, 2024
Shares of Amazon.com fell more than 12% on Friday after the company reported slowing online sales growth in the second quarter and said consumers were seeking out cheaper
August 02, 2024
A look at the day ahead in European and global markets from Rae Wee It's been a rollercoaster ride of a week and Friday is shaping up to be no exception for investors, with risk assets in particular
August 02, 2024
Berkshire Hathaway, run by billionaire Warren Buffett, extended its selling of Bank of America shares, and has shed more than $3.8 billion of the second-largest U.S.
August 02, 2024
Oil prices fell on Friday, with
August 02, 2024
Wall Street's most watched gauge of investor anxiety jumped to a more than three-month high on Thursday as U.S. stocks fell sharply after a round of data on Thursday spurred
August 01, 2024
Intel lays off 15% of its staff and its stock tumbles as it struggles to turn around its ailing business
August 01, 2024
U.S. oil and gas producer Coterra Energy missed analysts' estimates for second-quarter profit on Thursday, hurt by subdued natural gas prices.
August 01, 2024
Amazon has reported a boost in its quarterly profits, but the company missed revenue estimates, sending its stock lower in after-hours trading
August 01, 2024
The S&P 500 fell more than 2% and the Nasdaq more than 3% at one point late on Thursday, reversing early gains and closing the first session of August sharply lower after data spurred
August 01, 2024
U.S. chip stocks plummeted on Thursday in their worst day since 2020 after a conservative forecast from Arm Holdings dampened investor optimism about artificial
August 01, 2024
Dow closes nearly 500 points lower as investors fear the US economy is faltering
August 01, 2024
Global mega tech companies' market capitalisation dropped sharply in July, in response to disappointing quarterly results and concerns over high valuations, prompting investors to shift
August 01, 2024
U.S. truck engine maker Cummins Inc on Thursday beat second-quarter estimates and forecast improved revenue margins boosted by demand in the power generation market, sending its shares up
August 01, 2024
For more than a year, the U.S. stock market went in mostly one direction, up, and in mostly one manner, quietly
July 30, 2024
Newly released video shows Titan submersible on the sea floor
New York Philharmonic musicians agree to 30% raise over 3-year contract
Macy's to hire more than 31,500 employees for holiday season
Lavrov vows Russia to defend its Arctic interests
RBA to keep rates steady on Sept. 24, cut in Q1 2025: Reuters poll
Guardians pushing unexpected season into postseason, will have chance to end Series title drought
Harris looks for boost from Oprah as part of digital-first media strategy