The Los Angeles Post
U.S. World Business Lifestyle
Today: April 13, 2025
Today: April 13, 2025

Wall Street

Business|Economy|Finance|News|Stock Markets|US

Stock market today: Wall Street hits record high following a 2-year round trip scarred by inflation

Wall Street returned to record heights and capped a punishing, two-year round trip dogged by high inflation and worries about a possible recession

Stock market today: Wall Street hits record high following a 2-year round trip scarred by inflation
Business|Economy|Finance|Stock Markets|US

S&P 500, Nasdaq muted as mixed earnings weigh on risk appetite

The benchmark S&P 500 and the Nasdaq were flat on Tuesday as a mixed bag of earnings from industry bellwethers threatened to douse a recent rally,

S&P 500, Nasdaq muted as mixed earnings weigh on risk appetite
Business|Finance|Technology|US

Megacap US tech results pivotal for market that is at record highs

Wall Street's run-up to record highs will be put to the test in the coming weeks as heavily weighted U.S. technology-related companies open their books on

Megacap US tech results pivotal for market that is at record highs
Business|Finance

Dow beats fourth-quarter profit estimates

Chemicals maker Dow beat Wall Street estimates for fourth-quarter profit on Thursday, helped by a pick-up in product sales volumes.

Dow beats fourth-quarter profit estimates
Business|Finance

Factbox-Key executives at JPMorgan taking on new roles

JPMorgan Chase shuffled executives on Thursday to give them more experience running different businesses as Wall Street focuses on succession

Factbox-Key executives at JPMorgan taking on new roles
Business|Finance|Stock Markets|US

Bank of America bonuses for dealmakers, traders are broadly flat -source

Bank of America's bonus pool for investment bankers will range from steady to 3% lower for 2023 under pressure from a slowdown in dealmaking, but star performers

Bank of America bonuses for dealmakers, traders are broadly flat -source
Business|Finance|Food|Stock Markets|US

Starbucks misses quarterly sales estimates

Starbucks missed Wall Street estimates for quarterly sales on Tuesday, in a sign that demand for its pricey coffees and cold drinks in the U.S. might be hitting a roadblock, heaping

Starbucks misses quarterly sales estimates
Business|Economy|Finance|News|US

Corteva profit beats estimates on higher seed prices

Agricultural chemical and seed company Corteva beat Wall Street estimates for fourth-quarter profit on Wednesday as higher prices in its seeds business offset lower volumes.

Corteva profit beats estimates on higher seed prices
Asia|Business|Economy|Finance|Technology

Stock market today: Asian shares mostly rise after Wall Street rebound led by tech stocks

Asian shares are trading mostly higher, helped by optimism about technology shares following a Wall Street rally led by big tech stocks

Stock market today: Asian shares mostly rise after Wall Street rebound led by tech stocks
Business|Economy|Finance|News|Stock Markets|US

Futures under pressure as Treasury yields climb; earnings on tap

U.S. stock index futures dipped on Monday, pressured by rising Treasury yields, as investors turned cautious on the timing of interest rate cuts while awaiting more quarterly reports from

Futures under pressure as Treasury yields climb; earnings on tap
Business|Finance

Centene quarterly profit beats estimates on higher demand

Centene Corp beat Wall Street estimates for fourth-quarter profit on Tuesday, helped by higher premiums in its commercial insurance business.

Centene quarterly profit beats estimates on higher demand
Business|Finance|Health|Stock Markets|US

GE HealthCare forecasts 2024 profit largely above estimates

GE HealthCare forecast 2024 profit largely above Wall Street expectations and beat fourth-quarter profit estimates on strong demand for its imaging devices, sending the company's shares up

GE HealthCare forecasts 2024 profit largely above estimates
Business|Economy|Finance|Stock Markets

Bunge beats fourth-quarter profit estimates on strong export demand

Bunge beat Wall Street estimates for fourth-quarter profit on Wednesday, as the grain trader and processor benefited from strong global export demand.

Bunge beats fourth-quarter profit estimates on strong export demand
Business|Finance|Stock Markets|US

Investor Ackman's Pershing Square launches new fund aimed at US retail investors

Billionaire investor William Ackman is offering a new hedge fund to U.S.-based retail investors, allowing Main Street to tap into his double digit performance gains previously

Investor Ackman's Pershing Square launches new fund aimed at US retail investors
Business|Economy|Finance|Technology|US

PayPal beats Q4 profit estimates

PayPal beat Wall Street estimates for fourth-quarter profit on Wednesday as more Americans used its payments platform for shopping during the holiday season.

PayPal beats Q4 profit estimates
Business|Economy|Finance|News|Stock Markets|US

Futures struggle for direction ahead of earnings, economic data

U.S. stock index futures see-sawed in a tight range on Thursday following a strong finish on Wall Street a day earlier ahead of big-ticket earnings reports, while investors also awaited

Futures struggle for direction ahead of earnings, economic data
Business|Finance|News|Stock Markets|US

ConocoPhillips beats fourth-quarter profit estimates on higher production

U.S. oil and gas producer ConocoPhillips beat Wall Street estimates for fourth-quarter profit on Thursday, helped by higher production from newly acquired assets.

ConocoPhillips beats fourth-quarter profit estimates on higher production
Business|Finance|Technology

Pinterest forecasts first quarter revenue below estimates

Pinterest forecast first-quarter revenue below Wall Street estimates on Thursday, a sign that it is facing tough competition from larger social media players even as the digital

Pinterest forecasts first quarter revenue below estimates
Business|Finance|News

PepsiCo posts rare sales miss as price hikes dent demand

PepsiCo fell short of Wall Street estimates for fourth-revenue as the soda and snacks giant's multiple price hikes crimped demand for its juices and Lay's crisps.

PepsiCo posts rare sales miss as price hikes dent demand
Business|Economy|Finance|US

Analysis-US banks, private equity firms compete to finance debt-backed deals

Wall Street banks are raising billions of dollars to regain ground in lending to companies in debt-backed deals after giant private equity and

Analysis-US banks, private equity firms compete to finance debt-backed deals
Business|Finance|Stock Markets|US

US SEC proposes to update definition of 'qualifying' VC funds

Wall Street's top watchdog on Wednesday proposed new rules that would raise the dollar-threshold for venture capital funds to be covered by a principal statute regulating investment funds.

US SEC proposes to update definition of 'qualifying' VC funds
Business|Economy|Europe|Finance|News|Stock Markets|US

Britain eyes phased approach in move to speed up share trading

Britain will push ahead with faster completion of share transactions to catch up with Wall Street, but market participants will be given enough time to adapt their

Britain eyes phased approach in move to speed up share trading
Asia|Business|Finance|Stock Markets

Stock market today: Asian shares track Wall Street's rebound

Shares are higher in Asia after Wall Street stocks recovered much of their sharp losses from a day before

Stock market today: Asian shares track Wall Street's rebound
Business|Finance|Stock Markets|US

Marketmind: Rates angst, China cut and credit card deal

A look at the day ahead in U.S. and global markets from Mike Dolan Wall St returns from its long weekend to a mix of interest rate cut doubts, retailer updates and the biggest U.S. corporate deal of

Marketmind: Rates angst, China cut and credit card deal
Business|Finance|US

Chemicals maker Celanese Corp misses quarterly profit estimates on lower prices

Chemicals maker Celanese Corp missed Wall Street estimates for fourth-quarter profit on Tuesday, weighed by lower prices for its products across units.

Business|Finance|Stock Markets|US

Casino operator Caesars misses quarterly revenue estimates

Caesars Entertainment missed Wall Street expectations for fourth-quarter revenue on Tuesday, as strength in its Las Vegas casino operations was offset by higher costs.

Casino operator Caesars misses quarterly revenue estimates
Business|Economy|Finance|Stock Markets|US

Marathon Oil beats profit estimates

Marathon Oil beat Wall Street estimates for fourth-quarter profit on Wednesday as the U.S. shale producer got a boost from higher production.

Marathon Oil beats profit estimates
Business|Finance|Stock Markets|Technology

Nasdaq futures jump nearly 2% after Nvidia trounces expectations

Futures tracking the tech-heavy Nasdaq jumped about 2% on Thursday after Nvidia's bumper results and forecast gave a fresh boost to the euphoria around artificial intelligence that has

Nasdaq futures jump nearly 2% after Nvidia trounces expectations
Asia|Finance|Stock Markets|Technology

Stock market today: Asian stocks advance after Nvidia sets off a rally on Wall Street

Asian markets are mostly higher after Nvidia delivered another blowout quarter, setting off a rally in other technology companies that carried Wall Street to another record high

Stock market today: Asian stocks advance after Nvidia sets off a rally on Wall Street
Business|Technology

Amazon joins 29 other 'blue chip' companies in the Dow Jones Industrial Average

Amazon

Amazon joins 29 other 'blue chip' companies in the Dow Jones Industrial Average
Business|Celebrity|Economy|Fashion and Beauty|Stock Markets

Lululemon faces sluggish sales as upstart brands nip at its heels

Lululemon, facing its slowest quarterly growth in more than four years, will have to deal with Wall Street questions on whether it has made significant strides toward

Lululemon faces sluggish sales as upstart brands nip at its heels
Economy|Finance|Stock Markets|US

Futures muted after rally on AI boost, inflation relief

U.S. stock index futures were subdued on Friday after a rally in the previous session, driven by enthusiasm about the potential for artificial intelligence and an inflation reading that

Futures muted after rally on AI boost, inflation relief
Business|Finance|Stock Markets|Technology

US value stocks draw bargain hunters while AI fever rages

As fervor for artificial intelligence sweeps Wall Street, some investors are seeking bargains in more conventional areas of the stock market.

US value stocks draw bargain hunters while AI fever rages
Business|Finance|Stock Markets|Technology

Super Micro shares jump as AI-bet gears up for S&P 500 entry

Shares of Super Micro Computer jumped 12% in premarket trading on Monday after the artificial-intelligence server maker was set to join the S&P 500 index, highlighting the growing

Super Micro shares jump as AI-bet gears up for S&P 500 entry
Business|Economy|Finance

Target posts hefty fourth quarter profit but sales suggest Americans remain cautious on spending

Target on Tuesday reported a 58% increase in fourth-quarter profits that handily beat Wall Street expectations as the discounter held down costs and kept inventory lean

Target posts hefty fourth quarter profit but sales suggest Americans remain cautious on spending
Asia|Business|Economy|Finance|News|Stock Markets|Technology

Stock market today: Asia stocks mixed after Wall Street slumps to worst day in weeks

Asia stocks are mixed after tumbling Big Tech stocks dragged Wall Street to its worst day in three weeks

Stock market today: Asia stocks mixed after Wall Street slumps to worst day in weeks
Business|Economy|Finance|News|Stock Markets|US

Marketmind: Powell tees up after megacaps scatter

A look at the day ahead in U.S. and global markets from Mike Dolan Wall St stocks' worst day in almost three weeks sets the backdrop for Wednesday's congressional testimony from Federal Reserve chair

Marketmind: Powell tees up after megacaps scatter
Business|Finance|US

Exclusive-US regulators expected to significantly reduce Basel capital burden, sources say

U.S. regulators are expected to significantly reduce the extra capital banks must hold under a proposed rule that has drawn aggressive pushback from Wall

Exclusive-US regulators expected to significantly reduce Basel capital burden, sources say
Business|Economy|Environment|Finance|Stock Markets|Technology|US

US SEC meets to vote on climate rule

Wall Street's top regulatory body was meeting on Wednesday to vote on rules that would force public companies to disclose certain climate-related risks, in first-of-its-kind

US SEC meets to vote on climate rule
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares trade mixed after Wall Street recovers

Asian shares are trading mixed after Wall Street recovered some losses from the day before

Stock market today: Asian shares trade mixed after Wall Street recovers
Business|Economy|Finance|Stock Markets|US

Futures tiptoe higher ahead of more economic data, Powell testimony

Wall Street futures edged higher on Thursday ahead of more economic data and commentary from Jerome Powell after the Federal Reserve chair stuck

Futures tiptoe higher ahead of more economic data, Powell testimony
Business|Finance|US

As Wall Street titans gather, finance museum searches for a home

Financial industry heavyweights convened in New York last week to raise funds for a finance museum that has lost its iconic Wall Street address.

As Wall Street titans gather, finance museum searches for a home
Business|Finance

Former ValueAct partner Haggart to launch activist firm, sources say

A former partner at ValueAct Capital Management, one of Wall Street's best known activist investment firms, will start his own firm, according to people familiar

Asia|Business|Finance|Stock Markets|US

Asia shares slip, yen firms as Japan GDP data revised up

Asian share markets followed Wall Street lower on Monday while the dollar looked vulnerable ahead of a reading on U.S. inflation that could hasten, or delay, the start

Asia shares slip, yen firms as Japan GDP data revised up
Business|Economy|Finance|Stock Markets|US

Explainer-New York lawmakers tackle sovereign debt reworks again

Another attempt to streamline the resolution of sovereign debt restructurings is making its way through the New York State legislature, and Wall Street is again

Explainer-New York lawmakers tackle sovereign debt reworks again
Asia|Business|Finance|Stock Markets

Stock market today: Asian shares mostly rise after Wall Street's record rally

Asian shares are mostly rising, encouraged by a record rally on Wall Street

Stock market today: Asian shares mostly rise after Wall Street's record rally
Business|Economy|Finance|Stock Markets

Futures rise in run-up to inflation figures, retail sales data

Futures tracking Wall Street's main stock indexes advanced on Thursday as investors awaited a raft of economic data, including the producer

Futures rise in run-up to inflation figures, retail sales data
Business|Finance|Stock Markets

Goldman bumps up 2023 pay for top three executives by 24%

The top three executives at Goldman Sachs saw their pay jump nearly 24% in 2023, the Wall Street giant disclosed in a filing on Friday.

Goldman bumps up 2023 pay for top three executives by 24%
Business|Economy|Finance

The average bonus on Wall Street last year was $176,500. That's down slightly from 2022

The average Wall Street bonus fell slightly last year to $176,500

The average bonus on Wall Street last year was $176,500. That's down slightly from 2022
Business|Economy|Finance|US

Wall Street bonuses fell 2% for 2023, New York Comptroller says

Wall Street's cash bonuses fell 2% to an average $176,500 last year as financial firms took a more cautious approach to compensation, according to an estimate

Wall Street bonuses fell 2% for 2023, New York Comptroller says
Business|Economy|Finance|Stock Markets|US

Chipotle's board has approved a 50-for-1 stock split. Here's what that means

In a rare move on Wall Street, Chipotle Mexican Grill’s board has approved a 50-for-1 stock split

Chipotle's board has approved a 50-for-1 stock split. Here's what that means
Business|Finance|Stock Markets|Technology|US

Wall Street debut of Trump's Truth Social network could net him stock worth billions on paper

The Wall Street debut of Donald Trump’s Truth Social network could give him stock worth billions of dollars on paper

Wall Street debut of Trump's Truth Social network could net him stock worth billions on paper
Business|Finance|Stock Markets

Nike beats quarterly revenue estimates as discounts draw demand

Nike beat Wall Street estimates for quarterly revenue on Thursday, as deep discounts on its athletic apparel and sneakers during the holiday season helped it reel in shoppers.

Nike beats quarterly revenue estimates as discounts draw demand
Business|Finance|Stock Markets|Technology

Reddit users downvote stellar Wall Street debut

As Reddit's stock market value soared to almost $9 billion in its Wall Street debut on Thursday, commenters on the social media website's largest stock trading forums

Reddit users downvote stellar Wall Street debut
Business|Finance|Stock Markets|US

Futures tick up after Wall Street hits record highs

U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and

Futures tick up after Wall Street hits record highs
Business|Economy|Finance|News|Stock Markets|US

US equity funds draw biggest weekly inflow in nine months

U.S. equity funds witnessed robust demand in the seven days to March 20, buoyed by Wall Street's continued rally and expectations of Federal Reserve rate cuts later this year.

US equity funds draw biggest weekly inflow in nine months
Asia|Business|Finance|News|Stock Markets

Stock market today: Asian shares are mixed after Wall Street retreats from all-time highs

Asian shares are mixed after Wall Street slipped a bit further from its record highs

Stock market today: Asian shares are mixed after Wall Street retreats from all-time highs
Business|Finance|Stock Markets|US

Trump's media company shares rise after stellar debut

Shares of Trump Media & Technology Group rose 11% in premarket trading on Wednesday, a day after their stellar debut.

Trump's media company shares rise after stellar debut
Asia|Business|Economy|Finance|Stock Markets|World

Stock market today: Asian shares drop after Wall Street sinks on rate worries

Asian shares are mostly declining after Wall Street broke its record-breaking run-up

Stock market today: Asian shares drop after Wall Street sinks on rate worries
Asia|Business|Finance|Stock Markets|World

Stock market today: Asian shares mostly rise cheered by Wall Street finish

Asian shares are mostly higher after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year

Stock market today: Asian shares mostly rise cheered by Wall Street finish
Business|Economy|Finance|Stock Markets|US

Analysis-Wall Street gears up for US tax season liquidity test

Wall Street is bracing for a potential bout of stress in money markets by putting some cash on the side ahead of U.S. tax day, when high tax-related outflows

Analysis-Wall Street gears up for US tax season liquidity test
Business|Economy|Finance

Morgan Stanley's profit rises as investment banking recovers

Morgan Stanley's profit rose in the first quarter, lifted by a resurgence in investment banking.

Morgan Stanley's profit rises as investment banking recovers
Business|Economy|Finance|Stock Markets|US

Wall Street bosses cheer investment banking gains but stay cautious

Wall Street's bosses are finally seeing signs of a broader pickup in investment banking, but they are not cheering too loudly just yet.

Wall Street bosses cheer investment banking gains but stay cautious
Business|Finance|Sports|Stock Markets|US

Omnicom beats quarterly profit on strong ad spending

Omnicom Group beat Wall Street estimates for first-quarter profit and revenue on Tuesday, helped by solid demand for its advertising services amid major political and sports events.

Business|Economy|Finance|Health|US

Abbott beats quarterly profit estimates on strong medical device sales

Abbott Laboratories beat Wall Street estimates for quarterly profit on Wednesday and raised the lower end of its forecast, as robust demand for medical procedures boosted sales of its

Abbott beats quarterly profit estimates on strong medical device sales
Economy|Finance|News|US

Wall Street's "fear gauge" at over 5-month high on rate cut, Mideast worries

Wall Street's "fear gauge" hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions.

Wall Street's "fear gauge" at over 5-month high on rate cut, Mideast worries
Business|Finance|US

US regulators mulling bid to limit bonuses for Wall Street execs, WSJ reports

U.S. banking regulators are planning to revive a proposal that would require big banks to defer executive compensation and claw back more of their bonuses if losses pile up, the Wall Street

Business|Economy|Finance|News|Stock Markets|US

Wall St stocks end higher with major corporate earnings in view

Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as investors eyed a busy week for quarterly results from key companies

Wall St stocks end higher with major corporate earnings in view
Business|Finance|Stock Markets|Technology

Tesla shares tumble on price cuts in run-up to earnings

Tesla tumbled 4% on Monday, as its latest global price cuts fanned Wall Street concerns about dwindling margins at the electric-vehicle maker in the run-up to its earnings report later this

Tesla shares tumble on price cuts in run-up to earnings
Business|Finance|News|US

Citi managing director details 'pervasive' sexual harassment in lawsuit

A Citigroup managing director said the bank failed to protect her from a supervisor's violent threats and abuse because of its "pervasive" culture of sexual

Citi managing director details 'pervasive' sexual harassment in lawsuit
Business|Finance|Stock Markets|US

Stocks gear up for Big Tech earnings; yen touches multi-year lows

Global shares rose on Tuesday, with investors on Wall Street focused on earnings reports from the U.S. megacaps, and the yen tumbled to

Stocks gear up for Big Tech earnings; yen touches multi-year lows
Business|Finance|Stock Markets|US

Has Wall Street peaked too early?: McGeever

History suggests Wall Street's recent 5% mini-correction won't be its last this year, but stocks face potentially higher earnings and interest rate

Has Wall Street peaked too early?: McGeever
Business|Technology|US

Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?

Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear.

Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?
Business|Economy|Finance|US

Wall Street stocks fall as weak GDP growth spreads rate-cut gloom

Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S. economic growth and persistent inflation, coupled

Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
Business|Finance|Stock Markets

Gold miner Newmont tops profit estimates; asset sale attracts strong interest

Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday, as the world's largest gold miner benefited from robust production, higher prices and lower

Gold miner Newmont tops profit estimates; asset sale attracts strong interest
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares rise, cheered by last week's tech rally on Wall Street

Asian shares are higher amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week

Stock market today: Asian shares rise, cheered by last week's tech rally on Wall Street
Business|Finance|Stock Markets|US

Wall St opens higher on megacap strength, Fed verdict awaited

Wall Street's main indexes opened higher on Monday as Tesla and Apple led gains in megacap companies, while investors exercised caution ahead of the Federal Reserve's interest rate

Wall St opens higher on megacap strength, Fed verdict awaited
Arts|Business|Finance|News|US

Lawsuit over Wall Street's 'Fearless Girl' statue is settled

The sculptor who created the "Fearless Girl" statue that promoted gender diversity on Wall Street has settled a lawsuit by a State Street unit seeking to stop

Lawsuit over Wall Street's 'Fearless Girl' statue is settled
Business|Economy|Finance|News|Stock Markets|US

Wall St opens lower on labor costs data; Fed decision on tap

Wall Street's main indexes opened lower on Tuesday after stronger-than-expected labor costs signaled persistent inflationary pressures, while caution prevailed ahead of the Federal

Wall St opens lower on labor costs data; Fed decision on tap
Business|Finance|Stock Markets|US

Casino Operator MGM beats first-quarter estimates on strength in Macau business

MGM Resorts International beat first-quarter Wall Street estimates on Wednesday, driven by strength in its China operations as the casino operator continues to benefit

Casino Operator MGM beats first-quarter estimates on strength in Macau business
Business|Economy|Finance

Mastercard's profit beats as consumer spending defies inflation worries

Mastercard reported first-quarter profit that exceeded Wall Street expectations on Wednesday, on higher card spending by consumers despite rising borrowing costs and

Mastercard's profit beats as consumer spending defies inflation worries
News|Business|Economy|Finance|Stock Markets|US

Wall St ends sharply higher, jobs data strengthens case for rate cuts

Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also

Wall St ends sharply higher, jobs data strengthens case for rate cuts
Business|Finance|US

Hershey tops first-quarter estimates on higher pricing

Hershey exceeded Wall Street expectations for first-quarter sales and profit on Friday, benefiting from higher prices and steady consumer demand for its chocolates and candy.

Hershey tops first-quarter estimates on higher pricing
Business|Economy|Finance|Stock Markets|US

Realty Income tops revenue estimates on higher rent growth

Realty Income topped Wall Street expectations for quarterly revenue on Monday, as the company benefited from higher occupancy and increased rental revenue from its properties.

Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares mixed after calm day on Wall St

Asian shares are mixed after U.S. stocks held relatively steady on Wall Street

Stock market today: Asian shares mixed after calm day on Wall St
Business|Finance|US

Wall Street bonuses to rise this year as deals return, says report

Bonuses are poised to recover on Wall Street this year, fueled by strong equity market gains and recovery in investment banking, according to financial services

Wall Street bonuses to rise this year as deals return, says report
Business|Finance|Technology

Nikola's revenue misses estimates on slowing truck demand

Nikola missed Wall Street expectations for first-quarter revenue on Tuesday, as the electric truck maker delivered fewer hydrogen fuel cell trucks amid an uncertain macroeconomic outlook

Nikola's revenue misses estimates on slowing truck demand
Business|Economy|Finance|Stock Markets|Technology|US

Rivian sticks to production forecast below Wall Street targets

Electric-pickup maker Rivian on Tuesday stuck to a 2024 production forecast well below Wall Street targets and reported a wider-than-expected first-quarter

Rivian sticks to production forecast below Wall Street targets
Business|Finance|US

Wells Fargo names former JPMorgan executive as co-head of investment bank

Wells Fargo named former JPMorgan Chase executive Fernando Rivas as co-CEO of its corporate and investment banking (CIB) on Wednesday, as it looks to expand market share on Wall Street.

Wells Fargo names former JPMorgan executive as co-head of investment bank
Asia|Business|Economy|Europe|Finance|Political|Stock Markets|US

Wall St at records as Paris simmers, yuan hits 2024 low

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street stocks are grinding out new records as U.S. growth continues to outperform, interest rate cut optimism has been rekindled

Wall St at records as Paris simmers, yuan hits 2024 low
Business|Finance

News Corp misses quarterly revenue estimates

Media conglomerate News Corp on Wednesday missed Wall Street estimates for third-quarter revenue, weighed down by a sluggish advertising market and lower physical book sales at its book

News Corp misses quarterly revenue estimates
Asia|Business|Economy|Finance|Stock Markets|Technology|US

Stock market today: Wall Street inches higher to set more records

U.S. stocks tiptoed to more records after a quiet day of trading

Stock market today: Wall Street inches higher to set more records
Business|Finance|US

Archegos' Hwang lied to become Wall Street legend, prosecutors say as trial begins

Sung Kook "Bill" Hwang tried to trick all of Wall Street, a federal prosecutor told a Manhattan federal jury, as his trial on charges stemming from the 2021 collapse of

Archegos' Hwang lied to become Wall Street legend, prosecutors say as trial begins
Business|Finance|Stock Markets|US

Chevron tops Tesla as most-shorted stock in April, says Hazeltree

Oil company Chevron was the most shorted U.S.

Chevron tops Tesla as most-shorted stock in April, says Hazeltree
Business|Finance|News|Stock Markets|Technology|US

Love them or hate them, meme stocks are back

Meme stocks are soaring again, delighting fans, frustrating detractors and showing Wall Street that the social media force behind the wild

Love them or hate them, meme stocks are back
Business|Finance|Stock Markets|US

Wall Street boasts record closes as inflation data fuels rate-cut bets

Wall Street's three major indexes notched record closes on Wednesday with the benchmark S&P 500 and the Nasdaq both advancing more than 1%, after a

Wall Street boasts record closes as inflation data fuels rate-cut bets
Business|Economy|Finance

Goldman Sachs hires from rivals to expand in mid-market deals

Goldman Sachs told Reuters it has hired two investment bankers from rival banks as part of a push to advise on more smaller deals worth up to $2 billion.

Goldman Sachs hires from rivals to expand in mid-market deals
Business|Finance|US

Bank of America banker who died had sought to leave, citing long hours, recruiter says

The 35-year-old Bank of America investment banker who died from a blood clot earlier this month wanted to leave the U.S. bank because he was working more than 100

Bank of America banker who died had sought to leave, citing long hours, recruiter says
Business|Economy|Finance|Stock Markets|US

The Dow closed above 40,000 for the first time. The number is big but means little for your 401(k)

Through its long history, the Dow Jones Industrial Average has offered a way for people to get a quick read on how Wall Street is doing

The Dow closed above 40,000 for the first time. The number is big but means little for your 401(k)
Business|Finance|US

US SEC updates customer data hacking rules for Wall Street

Wall Street's top regulator on Thursday said it had updated rules to ensure investment companies and others work to detect and respond to hackers' theft of customer data.

US SEC updates customer data hacking rules for Wall Street
Business|Finance|Stock Markets|Technology

Wall Street bets on stellar quarterly results from Nvidia

Wall Street is betting on a blowout quarterly report from Nvidia on Wednesday, with its stock near record highs as investors look for evidence that the AI chipmaker can

Wall Street bets on stellar quarterly results from Nvidia
Business|Crime|Finance|US

Ivan Boesky, convict in 1980s insider trading scandal, dies at 87

Ivan Boesky, the financier who gave birth to the "greed is good" mantra before going to prison in one of the biggest Wall Street insider trading scandals of the 1980s, has died at the age

Business|Economy|Finance|Stock Markets|US

S&P 500, Nasdaq notch record closing highs, Treasury yields dip ahead of Fed minutes

Wall Street ended modestly higher and U.S.

S&P 500, Nasdaq notch record closing highs, Treasury yields dip ahead of Fed minutes
Business|Economy|Finance|News|US

US stocks close down, oil tumbles after Fed minutes; Nvidia reports

Wall Street ended lower and oil prices fell on Wednesday as investors parsed minutes from the U.S. Federal Reserve's most recent policy meeting.

US stocks close down, oil tumbles after Fed minutes; Nvidia reports
Business|Economy|Finance|Stock Markets|US

Stock market today: Nasdaq sets another record as Wall Street wins back earlier losses

U.S. stocks rose in a bounce back from Wall Street’s worst day since April

Stock market today: Nasdaq sets another record as Wall Street wins back earlier losses
Finance|US

Citigroup asks 600 staffers to return to office full-time

Citigroup has asked its 600 U.S. employees, who are eligible to work remotely, to return to office fulltime, it said on Friday as regulatory requirements make it hard for Wall Street banks

Citigroup asks 600 staffers to return to office full-time
Americas|Asia|Business|Economy|Europe|Finance|Stock Markets|World

Stock market today: World shares are mostly higher after rebound on Wall St

Shares have advanced in Europe and Asia ahead of Monday's Memorial Day holiday in the United States

Stock market today: World shares are mostly higher after rebound on Wall St
Asia|Business|Finance|Stock Markets

Stock market today: Asian shares decline after a mixed post-holiday session on Wall Street

Asian shares are mostly lower after a mixed session on Wall Street

Stock market today: Asian shares decline after a mixed post-holiday session on Wall Street
Business|Finance|Stock Markets|Technology

Members Exchange resolves tech issue that delayed premarket trading

Exchange operator Members Exchange (MEMX), backed by some of the biggest Wall Street firms, said it has resolved a technical issue that delayed the start of its pre-market trading session

Members Exchange resolves tech issue that delayed premarket trading
Business|Finance|US

Viking gains after wave of bullish Wall Street coverage initiations

Several Wall Street brokerages, including J.P.

Viking gains after wave of bullish Wall Street coverage initiations
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares track Wall Street's retreat

Shares have retreated in Asia after U.S. stocks fell under the weight of higher yields in the bond market

Stock market today: Asian shares track Wall Street's retreat
Business|Finance|Stock Markets|US

Wall St drops as rate worries push bond yields higher

Wall Street opened lower on Wednesday, with investors turning risk averse as concerns around the timing and scale of the Federal Reserve's interest rate cuts pushed Treasury yields higher

Wall St drops as rate worries push bond yields higher
Business|Finance

Bank of America CEO expects 10% to 15% jump in investment banking fees in Q2

Bank of America's investment banking fees are expected to rise 10% to 15% in the second quarter from a year earlier, CEO Brian Moynihan said on Thursday, after an almost two-year

Bank of America CEO expects 10% to 15% jump in investment banking fees in Q2
Business|Economy|Finance|Stock Markets|US

PCE test for nervy markets

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street looks set to end the shortened week slightly punch drunk, with Friday's May inflation update set to be a decider after a

PCE test for nervy markets
Election|Finance|News|US

After trial, investors weigh Trump 2.0 factor as election looms

Donald Trump last week became the first former president convicted of a felony, but Wall Street believes he still has a solid chance of winning the November

After trial, investors weigh Trump 2.0 factor as election looms
Asia|Business|Economy|Finance|Stock Markets|US|World

Stock market today: Asian stocks trade mixed after Wall Street logs modest gains

Asian shares are mixed as investors weighed data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street

Stock market today: Asian stocks trade mixed after Wall Street logs modest gains
Asia|Business|Finance|Stock Markets|Technology

Stock market today: Asian stocks rise after Wall Street barrels to records

Asian stocks are higher after Wall Street barreled to new records as the frenzy around artificial-intelligence technology kept sending stocks higher

Stock market today: Asian stocks rise after Wall Street barrels to records
Business|Stock Markets|Technology

Nvidia's stock market value hits $3 trillion for first time

Nvidia's stock market value hit $3 trillion for the first time on Wednesday as the chipmaker benefited from a race between Wall Street's heavyweights to dominate AI technology.

Nvidia's stock market value hits $3 trillion for first time
Business|Economy|Finance|News|Stock Markets|US

Wall Street stocks close slightly lower; jobs data strong but rates still high

Wall Street stocks ended slightly lower on Friday in choppy trading after stronger-than-expected U.S. jobs data pointed to a robust economy but prompted worries

Wall Street stocks close slightly lower; jobs data strong but rates still high
Business|Economy|Finance|Stock Markets|US

US House committee report finds Wall Street colluded to curb emissions

The Republican majority in a U.S. congressional committee published a report on Tuesday accusing Wall Street firms of colluding with advocacy groups to force companies to

US House committee report finds Wall Street colluded to curb emissions
Business|Economy|Finance|Stock Markets|US

U.S. stock concentration - it's not all doom and gloom: McGeever

U.S. equity market concentration is, by some measures, now the strongest ever, raising justifiable concerns that having the entire market's fate in the

U.S. stock concentration - it's not all doom and gloom: McGeever
Business|Economy|Finance|Stock Markets|US

Buoyant US eyes French angst, China home woes

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street stocks and bonds remained relatively buoyant after last week's action-packed macro week with world markets drawn more to

Buoyant US eyes French angst, China home woes
Business|Finance|Stock Markets|US

Wall Street bucks global rally as bond yields rise

Wall Street shares pulled back from record highs hit early on Thursday in sympathy with rallying overseas indexes, as Treasury yields shook off

Wall Street bucks global rally as bond yields rise
Business|Finance|Stock Markets|US

Stocks up as Swiss cut again, BoE eyed; yuan slides

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street returns from its midweek break to find record high stocks still chomping at the bit, with overseas monetary easing in

Stocks up as Swiss cut again, BoE eyed; yuan slides
Business|Finance|News|US

US regulators at odds over whether to issue new draft of bank capital hikes

U.S. bank regulators are arguing over the path forward for rules easing bank capital hikes, with some wanting to allow additional feedback from Wall Street

US regulators at odds over whether to issue new draft of bank capital hikes
Asia|Finance|Stock Markets

Stock market today: Asian shares falter after Nvidia rebound supports Wall St

Asian shares are mixed after a rebound for Nvidia propped up a weakened Wall Street

Stock market today: Asian shares falter after Nvidia rebound supports Wall St
News|Political

Wall Street's top regulator faces worsening battle in wake of Supreme Court ruling

The Supreme Court's move to curb federal agency powers could curtail efforts by the U.S.

Wall Street's top regulator faces worsening battle in wake of Supreme Court ruling
Business|Finance|Stock Markets|Technology

Tesla rises ahead of Q2 deliveries report

Shares of Tesla gained nearly 6% on Monday, after a key Wall Street brokerage added the stock to its watch list ahead of the automaker's quarterly production and delivery report on Tuesday

Tesla rises ahead of Q2 deliveries report
Business|Finance|Stock Markets|US

Wall Street indexes end higher, helped by Tesla, megacap growth stocks

Wall Street's main stock indexes closed higher on Tuesday, boosted by gains in Tesla and megacap growth stocks, but volumes were

Wall Street indexes end higher, helped by Tesla, megacap growth stocks
Business|Finance|Stock Markets|US

Nasdaq, S&P 500 hit record highs as payrolls data raises rate cut hopes

Wall Street stock indexes closed firmer on Friday, with the tech-heavy Nasdaq and benchmark S&P 500 hitting record highs,

Nasdaq, S&P 500 hit record highs as payrolls data raises rate cut hopes
Asia|Business|Finance|Stock Markets

Stock market today: Asian shares trade mostly higher after S&P 500, Nasdaq reach more records

Asian shares are trading mostly higher after Wall Street benchmarks reached more milestones

Stock market today: Asian shares trade mostly higher after S&P 500, Nasdaq reach more records
Business|Finance|Stock Markets|Technology|US

Wall Street analysts bullish on genetic testing firm Tempus AI

Wall Street brokerages started covering SoftBank Group-backed Tempus AI on a bullish note on Tuesday, betting that the company's AI-powered library of clinical and molecular data could lead

Wall Street analysts bullish on genetic testing firm Tempus AI
Business|Crime|Finance|Stock Markets|US

Famous Wall Street figures who have been sentenced to prison

Archegos Capital Management founder Sung Kook "Bill" Hwang was convicted of fraud and other charges on Wednesday at a criminal trial in New York in the wake of the 2021 collapse of his $36

Famous Wall Street figures who have been sentenced to prison
Asia|Business|Finance|Stock Markets

Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records

Asian shares have carried on with the blistering rally on Wall Street, as Japan's Nikkei 225 index surged over 42,000 for the first time

Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records
Business|Economy|Finance|News|Stock Markets|US

Stock market today: Wall Street rolls to the edge of records as hopes remain for cuts to rates

U.S. stocks rose after some mixed signals on big banks’ profits and inflation did little to dent Wall Street’s belief that easier interest rates are on the way

Stock market today: Wall Street rolls to the edge of records as hopes remain for cuts to rates
Business|Economy|Finance|News|Stock Markets|US

Wall Street closes higher on bets for Fed rate cut

Wall Street closed higher on Friday, with the S&P 500 and Dow Jones Industrial Average hitting intraday record highs, on bets that the U.S.

Wall Street closes higher on bets for Fed rate cut
Business|Economy|Finance|Stock Markets|US

Wall Street banks see investment banking improvement, with some caution

Wall Street banks reported a healthier pipeline for deals and a jump in investment banking activity in quarterly earnings on Friday, but also cited some headwinds and reasons for caution.

Wall Street banks see investment banking improvement, with some caution
Business|Election|Finance|Stock Markets|US

Wall St ends higher as investors firm bets on Trump win, rate cuts

Wall Street closed higher on Monday, building on Friday's rally as increasing expectations of a second Donald Trump presidency in the wake of a failed assassination

Wall St ends higher as investors firm bets on Trump win, rate cuts
Business|Finance|Stock Markets|US

Goldman Sachs profit tops estimates on robust debt underwriting, fixed-income trading

Goldman Sachs' profit more than doubled in the second quarter and beat analysts' estimates on strong debt underwriting and fixed-income trading,

Goldman Sachs profit tops estimates on robust debt underwriting, fixed-income trading
Business|Economy|Finance|News|Stock Markets|US

Dow notches record closing high, small caps surge on rate cut bets

Wall Street stocks rose and the Dow Jones Industrial Average hit an all-time closing high on Tuesday after U.S. retail sales data supported the view that the

Dow notches record closing high, small caps surge on rate cut bets
Economy|Election|Finance|News|Stock Markets|US

Powell stirs rate hopes, Trump trade cools

A look at the day ahead in U.S. and global markets from Mike Dolan After a jarring Monday that spurred a wave of U.S. election trades, world markets zeroed in Federal Reserve easing hopes, China's

Powell stirs rate hopes, Trump trade cools
Business|Economy|Finance|News|Stock Markets|Technology|US

Nasdaq has worst day since 2022 as tech stocks get slammed

Nasdaq has worst day since 2022 as tech stocks get slammed

Nasdaq has worst day since 2022 as tech stocks get slammed
Asia|Business|Economy|Finance|Stock Markets|US|World

Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions

Shares have fallen in Asia after a broad washout across Wall Street dragged U.S. stocks lower

Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions
Asia|Economy|Finance

Stock market today: Asian shares are mixed after Wall Street breaks losing streak

Shares are mostly higher in Asia after a rally on Wall Street

Stock market today: Asian shares are mixed after Wall Street breaks losing streak
Business|Finance|News|Stock Markets|Technology

Wall St closes higher as investors return to megacap stocks

Wall Street's three benchmarks ended higher on Monday as investors returned to megacap growth stocks, helping both the S&P 500 and Nasdaq Composite recover from their worst

Wall St closes higher as investors return to megacap stocks
Business|Economy|Finance|Stock Markets|US

Wall St ends slightly lower with Big Tech earnings on deck

Wall Street's main indexes ended slightly lower on Tuesday, having given up meager intraday gains in the final minutes of trading, as investors switched their focus to the

Wall St ends slightly lower with Big Tech earnings on deck
Election|News|US

A Harris presidency would carry baton on financial industry crackdown

A potential Democratic administration led by Vice President Kamala Harris would likely advance President Joe Biden's agenda of tough

A Harris presidency would carry baton on financial industry crackdown
Economy|Finance|Stock Markets|US

Megacap stock selloff shows investor concerns about too much tech

A tumble in the heavyweight stocks that have powered markets higher this year is highlighting Wall Street's vulnerability to any weakness

Megacap stock selloff shows investor concerns about too much tech
Business|Economy|Finance

Integer: Q2 Earnings Snapshot

Integer: Q2 Earnings Snapshot

Business|Economy|Finance|News|Stock Markets

Small stocks are about to take over? Wall Street has heard that before.

After getting trounced by their larger rivals for years, some of the smallest stocks on Wall Street have shown much more life recently

Small stocks are about to take over? Wall Street has heard that before.
Business|Economy|Finance|Stock Markets|US

Wall St closes up on revival supported by inflation data, tech stocks

Wall Street's major indexes ended higher on Friday as investors flocked back to tech megacaps that had triggered broad sell-offs earlier in the week, and inflation data

Wall St closes up on revival supported by inflation data, tech stocks
Business|Finance|Health|Stock Markets

Insulet expects higher-than-expected revenue amid diabetes market trend concerns

Insulet reported preliminary second-quarter revenue above Wall Street estimates on Friday, allaying investor fears around diabetes device demand after a larger peer

Business|Economy|Europe|Finance

Asia rebounds on dovish rate hopes

A look at the day ahead in European and global markets from Wayne Cole.

Asia rebounds on dovish rate hopes
Business|Economy|Finance|Stock Markets|US

Drugmaker Pfizer hikes 2024 forecast again after initially underwhelming Wall Street

Pfizer now expects 2024 earnings to wind up well above analyst expectations after starting the year with a forecast that disappointed Wall Street

Drugmaker Pfizer hikes 2024 forecast again after initially underwhelming Wall Street
Finance|News|Stock Markets|US

Drop in Magnificent Seven could drag down U.S. stocks, top fund manager says

U.S. stocks could drop by between 10% and 13% this year, dragged down by a selloff in seven mega-cap stocks that previously pushed broader markets to record highs,

Drop in Magnificent Seven could drag down U.S. stocks, top fund manager says
Business|News|US

Elon Musk said Tesla robotaxi skeptics should try ‘full self driving.’ A Wall Street analyst nearly crashed

Elon Musk said Tesla robotaxi skeptics should try ‘full self driving.’ A Wall Street analyst nearly crashed

Elon Musk said Tesla robotaxi skeptics should try ‘full self driving.’ A Wall Street analyst nearly crashed
Business|Finance|Technology

Pinterest forecasts downbeat revenue as competition grows; shares slump

Pinterest forecast current-quarter revenue below Wall Street expectations on Tuesday as the image-sharing platform faces tough competition in a stabilizing digital advertising

Pinterest forecasts downbeat revenue as competition grows; shares slump
Business|Finance|Stock Markets|Technology

Nvidia shares surge 13%, lift market value a record $330 billion

Nvidia added about $330 billion in stock market value on Wednesday, a record one-day gain for any company on Wall Street after Microsoft and Advanced Micro Devices

Nvidia shares surge 13%, lift market value a record $330 billion
Business|Economy|Finance

Bunge Global shares slide 8% after quarterly profit miss

Bunge Global missed Wall Street expectations for second-quarter profit on Wednesday, sending its shares down 8% as the world's largest oilseed

Bunge Global shares slide 8% after quarterly profit miss
Business|Finance

EBay beats quarterly results estimates on steady demand for refurbished goods

EBay exceeded Wall Street expectations for second-quarter revenue and profit, buoyed by robust demand for pre-owned goods, cost-effective automotive parts and accessories.

EBay beats quarterly results estimates on steady demand for refurbished goods
Business|Finance|Stock Markets

Casino Operator MGM beats second-quarter estimates on recovery in Macau business

MGM Resorts International beat Wall Street's second-quarter estimates on Wednesday, thanks to a strong recovery in Macau following the easing of pandemic-related restrictions last year.

Casino Operator MGM beats second-quarter estimates on recovery in Macau business
Business|Finance

Etsy beats quarterly revenue estimates on steady demand for personalized gifts

Etsy beat Wall Street expectations for second-quarter revenue and gross merchandise sales on Wednesday, helped by steady demand for personalized gifts at its online marketplace.

Etsy beats quarterly revenue estimates on steady demand for personalized gifts
Business|Finance|Technology

Western Digital sees first-quarter revenue below estimates on weak demand for data storage products

Western Digital Corp forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling a slower-than-expected recovery in the company's data storage products.

Business|Finance|Stock Markets|US

Apollo Global's flat quarterly earnings miss expectations

Apollo Global Management reported flat second-quarter adjusted net income on Thursday, missing Wall Street expectations as a spike in revenue generated from fees was

Business|Finance|Stock Markets|Technology

Roku's quarterly revenue beats estimates on ad strength

Roku beat Wall Street estimates for second-quarter revenue and posted smaller-than-expected loss on Thursday, benefiting from strong ad sales and

Roku's quarterly revenue beats estimates on ad strength
Business|Finance|News|Stock Markets|US

Wall Street 'fear gauge' jumps to three-month high as stocks resume slide

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

Wall Street 'fear gauge' jumps to three-month high as stocks resume slide
Business|Economy|Finance|News|US

Flaring economic worries threaten US stocks rally

Economic fears are roiling Wall Street, as worries grow that the Federal Reserve may have left interest rates elevated for too long, allowing them to hurt U.S.

Flaring economic worries threaten US stocks rally
Business|Economy|Finance|Stock Markets|Technology

Has the AI bubble burst? Wall Street wonders if artificial intelligence will ever make money

Has the AI bubble burst? Wall Street wonders if artificial intelligence will ever make money

Has the AI bubble burst? Wall Street wonders if artificial intelligence will ever make money
Business|Election|Finance|US

JPMorgan CEO Jamie Dimon opines on next US president without endorsing anyone

JPMorgan Chase CEO Jamie Dimon has outlined his wish list of leadership skills that the next U.S. president should possess, but stopped short of endorsing a

JPMorgan CEO Jamie Dimon opines on next US president without endorsing anyone
Business|Economy|Finance|News|Stock Markets|US|World

Stocks sink with dollar, Treasuries volatile on recession fears

Equities suffered heavy losses around the globe on Monday as Wall Street added to a rout that started in Japan, while the dollar tumbled

Stocks sink with dollar, Treasuries volatile on recession fears
Business|Finance|Stock Markets

Realty Income beats second-quarter FFO estimates on higher rental revenue

Realty Income edged past Wall Street expectations for second-quarter funds from operations (FFO) on Monday, as the real estate investment trust benefited from higher rental revenue at its

Business|Economy|Finance|Stock Markets|US

Stocks close lower as Wall Street struggles to stage a comeback

Stocks close lower as Wall Street struggles to stage a comeback

Stocks close lower as Wall Street struggles to stage a comeback
Business|Economy|News|US

Why Jay Powell refuses to be bullied by Wall Street

Why Jay Powell refuses to be bullied by Wall Street

Business|Finance|Stock Markets

Parker-Hannifin beats quarterly estimates on steady aircraft aftermarket demand

Parker-Hannifin on Thursday beat Wall Street's fourth-quarter profit and revenue estimates on sustained strength in demand for its aircraft systems and components, sending its shares up 9%

Business|Finance|Stock Markets|US

Wall Street investment banking bonuses may rise up to 35%, compensation specialist says

Investment bankers working on debt underwriting may see bonuses climb by 25% to 35% this year, and bankers handling initial public offerings could see a 20% to 30% jump in 2024,

Wall Street investment banking bonuses may rise up to 35%, compensation specialist says
Business|Finance|Stock Markets|US

Gilead quarterly profit beats Street estimates, revenue up 5%

Gilead Sciences on Thursday reported second-quarter profit that handily beat Wall Street estimates, driven by lower operating expenses and higher product sales, and the

Gilead quarterly profit beats Street estimates, revenue up 5%
Business|Finance|Stock Markets

Stocks extend gains after sell-off amid positive data, Fed's rate signals

The closely watched global equities index advanced on Friday, ending a volatile week unchanged after starting it with a massive sell-off, while

Stocks extend gains after sell-off amid positive data, Fed's rate signals
Business|Finance|Stock Markets|US

Nikola posts smaller-than-expected loss on robust truck demand

Nikola beat Wall Street expectations for second-quarter revenue and posted a smaller-than-expected adjusted loss on Friday, signaling an uptick in deliveries of its hydrogen big rigs as

Business|Economy|Finance|Stock Markets|US

Fear fades in US stocks, but history shows quick return to calm unlikely

Panic appears to have faded following last week's outbreak of volatility in U.S. stocks, but if history is any guide, markets might remain jittery for months.

Fear fades in US stocks, but history shows quick return to calm unlikely
Business|Economy|Finance|Stock Markets|US

Wall St mixed ahead of economic data; CPI in focus

Wall Street stocks closed mixed on Monday as investors braced for a slew of U.S. economic data this week, especially consumer prices, to gauge the outlook for Federal

Business|Economy|Finance|News|US

Stock market today: Wall Street ticks higher after inflation data clears the way for cuts to rates

Wall Street ticked higher after the latest update on inflation came in almost exactly as economists expected

Stock market today: Wall Street ticks higher after inflation data clears the way for cuts to rates
Election|US

Where Ackman, Dimon and Soros stand on presidential candidates Trump and Harris

Democratic presidential candidate Kamala Harris and Republican rival Donald Trump are locked in a tight race ahead of the November presidential election and some on Wall Street

Where Ackman, Dimon and Soros stand on presidential candidates Trump and Harris
Business|Finance|Stock Markets|US

Wall Street fear gauge in record retreat after last week's massive spike

Wall Street’s most-watched gauge of investor anxiety is continuing its speedy retreat from panic levels, suggesting that investors may be returning to

Business|Finance|Stock Markets|US

Wall Street firms to pay over $470 million to settle with US regulators over texting

Another group of broker-dealer and investment advisers have agreed to pay over $470 million to U.S. regulators to settle civil charges they violated recordkeeping rules, the U.S.

Wall Street firms to pay over $470 million to settle with US regulators over texting
Business|Economy|Finance|News|Stock Markets|US

Indexes end higher as retail sales soothe slowdown fears

Wall Street's main indexes closed higher on Thursday, with the Nasdaq rising more than 2% after July U.S. retail sales data signaled resilient consumer spending,

Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street closes its best week of the year with some more gains

U.S. stocks drifted higher as Wall Street coasted to the close of its best week since November

Stock market today: Wall Street closes its best week of the year with some more gains
Business|Finance|Technology

Palo Alto forecasts annual results above estimates on cybersecurity demand

Palo Alto Networks forecast fiscal 2025 revenue and profit above Wall Street estimates on Monday, a sign of growing demand for its cybersecurity products as the digital

Palo Alto forecasts annual results above estimates on cybersecurity demand
Business|Finance|News|Stock Markets|US

Wall Street regulator approves tougher rules for accounting 'negligence'

Wall Street's top regulator on Tuesday voted 3-2 to bless new rules making it easier for an audit watchdog to hold people responsible for audit firms' violations.

Wall Street regulator approves tougher rules for accounting 'negligence'
Business|News|US

Trump's Wall Street middleman taps network for potential administration roles

The co-chair of U.S.

Trump's Wall Street middleman taps network for potential administration roles
Business|Finance|Stock Markets|US

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower

The Dow Jones Industrial Average closed at a record high on Wall Street, even as losses for Big Tech companies pulled the S&P 500 and the Nasdaq composite lower

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower
Business|Finance|Stock Markets|US

Wall Street ends down; investors brace for Nvidia report

U.S. stocks fell on Wednesday ahead of a quarterly report from Nvidia, Wall Street's centerpiece event of the week that could shatter or add fresh

Wall Street ends down; investors brace for Nvidia report
Finance|Stock Markets|US

US SEC to require monthly reports on investment fund holdings for transparency

Wall Street's top regulator moved on Wednesday to increase transparency for regulators and investors in mutual and exchange-traded funds by requiring them to

US SEC to require monthly reports on investment fund holdings for transparency
Business|Finance|Technology

Nvidia beat earnings expectations again. Investors aren’t impressed

Nvidia beat earnings expectations again. Investors aren’t impressed

Nvidia beat earnings expectations again. Investors aren’t impressed
Business|Finance|Technology

Salesforce beats quarterly estimates on cloud demand, says CFO to step down

Salesforce beat Wall Street expectations for second-quarter revenue and profit on Wednesday, benefiting from higher spending on its enterprise cloud products, sending

Salesforce beats quarterly estimates on cloud demand, says CFO to step down
Business|Finance|Technology

HP forecasts downbeat profit as weak PC market, competition weigh

HP forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on Wednesday, owing to choppy demand in the personal computers market and

HP forecasts downbeat profit as weak PC market, competition weigh
Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street sees mixed results after late-day selling, drop for Nvidia

Stocks closed with mixed results on Wall Street after some late-day selling

Stock market today: Wall Street sees mixed results after late-day selling, drop for Nvidia
Business|Finance|Stock Markets

Campbell Soup expects annual profit below estimates on higher costs

Campbell Soup Co forecast annual profit below Wall Street expectations on Thursday due to higher raw material costs and the impact from its recently sold popcorn

Campbell Soup expects annual profit below estimates on higher costs
Business|Finance|Opinion|Stock Markets|Technology

The thrill of AI is fading — and Wall Street is getting a little more clear-eyed about its actual value

The thrill of AI is fading — and Wall Street is getting a little more clear-eyed about its actual value

Business|Economy|Finance|Stock Markets|US

Dow notches record high close after upbeat economic data

Wall Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday, with Tesla and Amazon climbing after fresh U.S. economic data raised

Dow notches record high close after upbeat economic data

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