Megacap tech has powered the two-year bull market. But the stocks have come under pressure as Wall Street wonders whether they have more room to […]
Category: Top Stories
Chip firm ASML shares plunge 15% after warning of weaker China sales in early release
ASML published its third-quarter earnings Tuesday, a day earlier than expected.
Goldman Sachs beats on profit and revenue as trading and investment banking boost results
Now that the Fed is easing rates, Goldman may benefit as corporations that have waited on the sidelines to acquire competitors or raise funds take […]
Boeing to raise as much as $25 billion to shore up balance sheet
The equity or debt raise of up to $25 billion would be over three years Boeing said.
Walgreens says it will close 1,200 stores by 2027, as earnings top estimates
The drugstore chain Walgreens said it plans to close roughly 1,200 stores over the next three years, which includes 500 closures in fiscal 2025 alone.
Bank of America tops estimates on better-than-expected trading revenue
Bank of America benefitted from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.
This under-the-radar oil producer is a buy and can rally more than 34%, TD Cowen says
Investors should take hold of SM Energy ahead of its earnings report, according to TD Cowen.
Ericsson shares jump 7% on third-quarter beat, growth in North America sales
Shares of Swedish telecom firm Ericsson jumped 9% amid third-quarter core earnings that surpassed analyst expectations and growth North American demand.
From swimming cars to rectangular steering wheels, here’s what’s going on at the Paris auto show
Auto giants have descended on the Paris Motor Show to showcase their latest concepts and production models.
Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high
Nvidia’s gains in share price lifted its market value to top $3.4 trillion, unseating Microsoft as the second most valuable company on Wall Street.