Earnings

Transportation 2024-04-18T20:33:45Z

Boeing's door plug blowout cost airlines. Big time.

Both Alaska and United Airlines reported quarterly losses this week, but said they would've turned profits without the Boeing disaster.
Premium Finance 2024-04-18T19:42:42Z

Blackstone's data-center bets have climbed 10-fold to $100 billion in just 3 years. And it's just the start, Steve Schwarzman says.

CEO Steve Schwarzman put a $100 billion tally on Blackstone's data-center business, putting it in pace to become the firm's single-largest asset.
Markets 2024-04-18T13:54:33Z

Stock market today: US indexes gain as traders try to break 4-day losing streak

US stocks were mixed on Thursday. The market will get fresh commentary from a handful of Fed speakers throughout the day.
Markets 2024-04-15T15:26:44Z

Don't bet on earnings season to push stocks much higher, JPMorgan says

"The risks of interest rates spiking for the 'wrong reasons', the Fed pivot getting fully reversed and inflation staying too hot are all elevated."
Markets 2024-04-15T09:46:39Z

Stock market today: US futures tick up as traders assess risk of escalation in the Middle East

US stocks had plummeted last week in anticipation of strikes, but look set to rally slightly as a new week starts.
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Premium Finance 2024-04-12T19:54:16Z

Citi wealth head Andy Sieg has made some 'pretty decisive' moves to turn its business catering to rich customers around. Here's what he's targeting next.

Citi's wealth boss Andy Sieg is looking to cut costs and push advisors to manage more of their clients' investments.
Finance 2024-04-12T11:04:09Z

BlackRock just reported a record $10.5 trillion in assets under management as client cash poured in and markets delivered

BlackRock saw its assets under management grow by $1.4 trillion in 12 months as client funds poured in and markets performed well.
Tech 2024-04-10T21:37:32Z

TikTok's owner is raking in cash

TikTok owner ByteDance, a Chinese company, grew its revenue by 60% in 2023, despite the threat of a TikTok ban by the US Congress.
Markets 2024-04-04T18:48:13Z

Levi Strauss stock soars 20% on earnings beat as Beyoncé's shoutout drives hype

In recognition of the song, Levi Strauss changed its Instagram name to Levii's to match the spelling of the new Beyoncé song.
Economy 2024-03-29T14:20:56Z

The Fed needs to 'kill the zombie' with a high-rate-induced recession before investors should jump in to buy more stocks, strategist says

The US economy is a "zombie" that needs a recession to make stocks appealing again, one Wall Street strategist says.
Transportation 2024-03-28T07:25:47Z
Retail 2024-03-22T04:19:33Z

It might be harder to buy your favorite pair of classic Nikes this year

Analysts called Nike's shoe lineup "stale" last year.
Markets 2024-03-12T16:55:02Z

The dominance of the US economy and the stock market in 4 charts

Goldman Sachs strategists break down how dramatically the American economy and equity markets have outpaced the rest of the world in recent decades.
Markets 2024-03-04T16:20:39Z

Bank of America says the S&P 500 rally has 5% further to run this year, but sees a near-term pullback first

The bank says the S&P 500 could reach 5,400 by the year-end, though investors should prepare for an overdue pullback first.
Markets 2024-03-01T20:26:02Z

Dell stock skyrockets 30% to hit all-time high as investors cheer on its AI developments

The computer company reported a strong earnings beat and said demand is ramping up for its AI-driven products.
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Markets 2024-02-29T18:11:48Z

C3.ai stock skyrockets 26% as earnings beat keeps the AI hype soaring

The AI company delivered strong earnings for the latest quarter, and it said it will invest aggressively to expand in the year ahead.
Markets 2024-02-29T10:38:59Z

Stock market today: US futures drop ahead of key inflation reading

Futures linked to the main US stock indexes slid on Thursday as investors awaited the release of the Fed's preferred inflation gauge.
Markets 2024-02-26T16:34:33Z

Warren Buffett's Berkshire Hathaway is now worth almost $1 trillion after post-earnings stock surge

Shares of Berkshire Hathaway have been on a tear recently, rising about 17% in the first two months of 2024.
Markets 2024-02-22T14:43:39Z

Nvidia's blowout earnings push US stocks higher

Goldman Sachs called Nvidia the "most important stock in the world" and Wall Street was not disappointed at the latest earnings results.
Tech 2024-02-21T21:58:12Z

Nvidia just proved the AI boom has room to run

Nvidia announced it made $22.1 billion in revenue, beating Wall Street's estimates on the strength of its AI business.
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