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Earnings Report

Dow up 227 points, S&P just shy of record

U.S. equity markets rallied Friday as investors digested strong economic data and continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate.

Intel sees prolonged chip-supply constraints

Intel Corp. ’s new chief executive said a global chip-supply shortage could stretch two more years as the U.S. semiconductor giant posted weaker quarterly earnings.

American Airlines posts $1.25B loss, delays new jets

American Airlines said Thursday that it lost $1.25 billion in the first quarter and continued to slash costs, including delaying delivery of new jets as it waits for air travel to recover from the pandemic.

Netflix tanks as subscriber growth cools

Netflix's subscriber growth is showing signs of a slowdown as the streaming giant reported 4 million new subscribers in the first quarter of 2021, after projecting in January that it would pull in 6 million new customers.